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 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Debt Securities	64.12	62.54	55.06	26.65	28.59	3.89
Investments in Equity & Preferred Securities	14.52	15	11.08	10.61	8.71	19.96
Other Investments	6.6	8.05	11.08	24.83	14.64	23.29
Total Investments	87.16	87.53	79.27	64.28	54.09	48.72
Cash & Equivalents	12.37	15.5	20.96	28.84	35.06	26.01
Reinsurance Recoverable	65.74	64.38	52.91	40.7	108.43	123.69
Other Receivables	16.25	9.27	9.04	7.07	23.99	29.07
Deferred Policy Acquisition Cost	-	-	-	-	2.04	1.71
Property, Plant & Equipment	4.33	3.62	4.09	3.98	3.99	4.74
Other Intangible Assets	1.59	1.83	1.62	-	-	-
Restricted Cash	3.49	3.37	3.3	3.38	4.77	5.59
Other Current Assets	0.59	0.52	0.3	1.63	-	-
Total Assets	191.52	186.02	171.47	149.88	232.36	239.52
Accrued Expenses	10.74	8.43	7.27	7.33	4.46	3.69
Insurance & Annuity Liabilities	126.43	126.83	113.14	94.39	37.11	39.59
Unpaid Claims	-	-	-	-	88.79	97.89
Unearned Premiums	-	-	-	-	54.63	54.44
Reinsurance Payable	8.01	2.45	3.67	3.33	-	-
Current Portion of Leases	-	-	-	-	0.13	0.23
Long-Term Leases	0.73	0.22	0.35	0.24	-	-
Other Current Liabilities	1.29	1.07	0.8	0.18	3.85	2.23
Total Liabilities	147.2	139	125.23	105.48	188.97	198.07
Common Stock	15	15	15	15	15	14.3
Additional Paid-In Capital	4.36	4.36	4.36	4.36	4.36	4.36
Retained Earnings	23.81	25.89	24.41	22.92	20.7	19.38
Treasury Stock	-0.75	-0.75	-0.27	-0.17	-0.17	-0.16
Comprehensive Income & Other	0.57	0.4	0.73	0.37	1.56	1.73
Total Common Equity	43	44.9	44.23	42.48	41.46	39.61
Minority Interest	1.32	2.12	2.01	1.92	1.94	1.85
Shareholders' Equity	44.32	47.02	46.24	44.4	43.39	41.45
Total Liabilities & Equity	191.52	186.02	171.47	149.88	232.36	239.52
Filing Date Shares Outstanding	147.67	147.67	149.04	149.38	149.38	149.38
Total Common Shares Outstanding	147.67	147.67	149.04	149.38	149.38	149.38
Total Debt	0.73	0.22	0.35	0.24	0.13	0.23
Net Cash (Debt)	11.64	15.28	20.6	28.6	34.93	25.77
Net Cash Growth	-22.87%	-25.83%	-27.96%	-18.13%	35.54%	69.62%
Net Cash Per Share	0.08	0.10	0.14	0.19	0.23	0.17
Book Value Per Share	0.29	0.30	0.30	0.28	0.28	0.27
Tangible Book Value	41.41	43.07	42.61	42.48	41.46	39.61
Tangible Book Value Per Share	0.28	0.29	0.29	0.28	0.28	0.27
Land	-	5.15	5.15	5.15	5.42	6.03
Machinery	-	2.46	2.24	1.8	3.87	3.74

Updated Feb 17, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.