KWSE:GINS Balance Sheet

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

Millions KWD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Investments in Debt Securities	442.64	416.72	385.4	301.01	282.95
Investments in Equity & Preferred Securities	47.31	54.31	48.38	73.02	77.19
Policy Loans	0.08	0.14	0.62	0.48	0.5
Other Investments	41.75	37.18	62.89	65.08	122.24
Total Investments	716.5	636.24	603.22	502.86	500.54
Cash & Equivalents	152.31	160.85	156.41	227.75	231.6
Reinsurance Recoverable	260.5	264.2	242.27	212.36	235.29
Other Receivables	65.25	43.76	16.78	36.11	219.93
Deferred Policy Acquisition Cost	-	-	-	-	18.61
Separate Account Assets	-	-	-	-	7.35
Property, Plant & Equipment	44.9	41.82	44.34	48.88	47.5
Goodwill	33.34	33.4	33.32	33.23	32.71
Other Intangible Assets	37.54	41.52	46.34	45.88	45.77
Other Current Assets	5.94	4.62	14.96	6.26	27.32
Long-Term Deferred Tax Assets	3.04	2.57	3.23	2.54	-
Other Long-Term Assets	7.53	8.73	14.55	27.47	6.68
Total Assets	1,327	1,238	1,175	1,143	1,373
Accrued Expenses	14.82	14.08	14.38	23.81	83.58
Insurance & Annuity Liabilities	701.3	634.5	577.85	543.91	234.8
Unpaid Claims	-	-	-	-	435.53
Unearned Premiums	-	-	-	-	170.81
Reinsurance Payable	35.38	22.46	36.05	23.94	2.39
Current Portion of Long-Term Debt	18.94	15.46	10.71	-	-
Current Portion of Leases	1.24	1.06	0.63	-	-
Short-Term Debt	1.81	-	3.08	-	-
Current Income Taxes Payable	7.15	5.73	5.5	1.74	0.98
Long-Term Debt	47.68	35.4	42.4	58.08	75.48
Long-Term Leases	4.04	4.16	4.41	4.43	-
Long-Term Deferred Tax Liabilities	3.57	1.37	0.92	0.57	-
Other Long-Term Liabilities	62.54	105.04	87.56	107.39	10.86
Total Liabilities	919.27	857.62	801.27	779.38	1,024
Common Stock	28.46	28.46	28.46	28.46	28.46
Additional Paid-In Capital	55.22	55.22	54.05	54.05	54.05
Retained Earnings	208.78	193.45	181.9	172.89	154.08
Treasury Stock	-	-	-0.43	-0.43	-0.43
Comprehensive Income & Other	31.78	25.44	32.29	33.68	37.05
Total Common Equity	324.23	302.56	296.26	288.64	273.2
Minority Interest	83.34	77.5	77.88	75.33	76.31
Shareholders' Equity	407.56	380.06	374.14	363.97	349.51
Total Liabilities & Equity	1,327	1,238	1,175	1,143	1,373
Filing Date Shares Outstanding	284.57	284.57	283.75	283.75	283.75
Total Common Shares Outstanding	284.57	284.57	283.75	283.75	283.75
Total Debt	73.72	56.09	61.23	62.5	75.48
Net Cash (Debt)	78.6	104.76	95.17	165.24	156.12
Net Cash Growth	-24.97%	10.07%	-42.41%	5.85%	122.92%
Net Cash Per Share	0.28	0.37	0.34	0.58	0.70
Book Value Per Share	0.93	0.85	0.83	0.81	0.75
Tangible Book Value	253.36	227.65	216.6	209.53	194.72
Tangible Book Value Per Share	0.68	0.59	0.55	0.53	0.47
Land	11.7	11.38	12.47	-	18.17
Buildings	32.26	28.5	30.42	-	31.51
Machinery	-	-	-	-	34.4
Leasehold Improvements	-	-	-	-	2.33

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.