Bahrain Kuwait Insurance Company B.S.C. (KWSE: BKIKWT)

KWSE: BKIKWT Balance Sheet

Financials in millions BHD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Investments in Debt Securities	-	55.06	26.65	28.59	3.89	2.82
Investments in Equity & Preferred Securities	0.4	11.08	10.61	8.71	19.96	15.78
Other Investments	83.93	11.08	24.83	14.64	23.29	30.03
Total Investments	86.34	79.26	64.28	54.09	48.72	48.62
Cash & Equivalents	13.89	20.96	28.84	35.06	26.01	15.55
Reinsurance Recoverable	72.3	52.91	40.7	108.43	123.69	129.57
Other Receivables	11.42	9.04	7.07	23.99	29.07	40.45
Deferred Policy Acquisition Cost	-	-	-	2.04	1.71	1.92
Property, Plant & Equipment	3.97	4.19	3.98	3.99	4.74	5.05
Other Intangible Assets	1.55	1.52	-	-	-	-
Restricted Cash	3.4	3.3	3.38	4.77	5.59	4.58
Other Current Assets	-	0.3	1.63	-	-	-
Total Assets	192.87	171.47	149.88	232.36	239.52	245.74
Accrued Expenses	6.68	7.27	7.33	4.46	3.69	2.99
Insurance & Annuity Liabilities	135.52	113.14	94.39	37.11	39.59	45.06
Unpaid Claims	-	-	-	88.79	97.89	96.29
Unearned Premiums	-	-	-	54.63	54.44	58.1
Reinsurance Payable	2.47	3.67	3.33	-	-	-
Current Portion of Leases	-	-	-	0.13	0.23	0.13
Long-Term Leases	0.25	0.35	0.24	-	-	0.23
Other Current Liabilities	1.4	0.8	0.18	3.85	2.23	0.36
Other Long-Term Liabilities	-	-	-	-	-	3.04
Total Liabilities	146.3	125.23	105.48	188.97	198.07	206.44
Common Stock	15	15	15	15	14.3	14.3
Additional Paid-In Capital	4.36	4.36	4.36	4.36	4.36	4.36
Retained Earnings	24.72	24.41	22.92	20.7	19.38	17.71
Treasury Stock	-0.75	-0.27	-0.17	-0.17	-0.16	-0.08
Comprehensive Income & Other	1.15	0.73	0.37	1.56	1.73	1.25
Total Common Equity	44.48	44.23	42.48	41.46	39.61	37.55
Minority Interest	2.09	2.01	1.92	1.94	1.85	1.75
Shareholders' Equity	46.57	46.24	44.4	43.39	41.45	39.3
Total Liabilities & Equity	192.87	171.47	149.88	232.36	239.52	245.74
Filing Date Shares Outstanding	152	149.04	149.38	149.38	149.38	149.67
Total Common Shares Outstanding	152	149.04	149.38	149.38	149.38	149.67
Total Debt	0.25	0.35	0.24	0.13	0.23	0.36
Net Cash (Debt)	13.64	20.61	28.6	34.93	25.77	15.2
Net Cash Growth	-31.07%	-27.96%	-18.13%	35.54%	69.62%	-5.96%
Net Cash Per Share	0.09	0.14	0.19	0.23	0.17	0.10
Book Value Per Share	0.29	0.30	0.28	0.28	0.27	0.25
Tangible Book Value	42.93	42.71	42.48	41.46	39.61	37.55
Tangible Book Value Per Share	0.28	0.29	0.28	0.28	0.27	0.25
Land	-	5.15	5.15	5.42	6.03	6
Machinery	-	2.24	1.8	3.87	3.74	5.2

Source: S&P Capital IQ. Insurance template. Financial Sources.