KWSE:KINS 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	14.55	17	13.07	13.43	13.84
Investments in Equity & Preferred Securities	86.58	77.79	76.25	84.69	69.19
Policy Loans	-	-	-	-	0.04
Other Investments	64.52	61.5	62.22	58.11	38.39
Total Investments	176.12	166	158.18	160.85	124.68
Cash & Equivalents	17.82	15.63	15.46	14.36	8.35
Reinsurance Recoverable	43.36	34.38	37.52	41.15	21.08
Other Receivables	-	-	-	-	11.88
Property, Plant & Equipment	0.37	0.38	0.37	0.39	0.63
Goodwill	1.55	1.55	1.55	-	-
Other Intangible Assets	1.52	1.54	1.56	-	-
Restricted Cash	-	-	-	-	1.64
Other Long-Term Assets	14.99	14.5	12.14	7.9	29.92
Total Assets	255.74	233.99	226.77	224.66	198.18
Accrued Expenses	1.86	1.91	2.73	2.04	1.85
Insurance & Annuity Liabilities	26.96	28.48	26.1	73.83	27.97
Unpaid Claims	50.53	42.02	49.58	-	37.08
Unearned Premiums	0.02	0.32	0.71	1.89	1.23
Reinsurance Payable	0.16	0.08	0.04	0.71	7.73
Current Income Taxes Payable	0.39	0.51	0.48	1.96	0.73
Other Current Liabilities	0.32	0.4	0.31	0.78	0.7
Other Long-Term Liabilities	4.43	5.07	4.7	4.41	3.17
Total Liabilities	84.68	78.79	84.66	85.63	80.46
Common Stock	19.4	19.4	19.4	19.4	19.4
Retained Earnings	116.1	112.47	107.79	102.29	56.13
Treasury Stock	-3.01	-3.01	-3.01	-3.01	-3.01
Comprehensive Income & Other	37.48	25.41	17.64	20.34	45.2
Total Common Equity	169.97	154.28	141.82	139.03	117.73
Minority Interest	1.09	0.92	0.29	-	-
Shareholders' Equity	171.06	155.2	142.12	139.03	117.73
Total Liabilities & Equity	255.74	233.99	226.77	224.66	198.18
Filing Date Shares Outstanding	184.8	184.8	184.8	184.8	184.8
Total Common Shares Outstanding	184.8	184.8	184.8	184.8	184.8
Net Cash (Debt)	17.82	15.63	15.46	14.36	8.35
Net Cash Growth	13.99%	1.12%	7.67%	72.01%	75.90%
Net Cash Per Share	0.10	0.08	0.08	0.08	0.05
Book Value Per Share	0.92	0.83	0.77	0.75	0.64
Tangible Book Value	166.9	151.19	138.71	139.03	117.73
Tangible Book Value Per Share	0.90	0.82	0.75	0.75	0.64
Land	-	-	-	4.32	4.32
Machinery	-	-	-	2	1.93

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