Kuwait Insurance Company S.A.K.P. (KWSE:KINS)

KWSE:KINS Balance Sheet

Financials in millions KWD. 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	17	17	13.07	13.43	13.84	8.67
Investments in Equity & Preferred Securities	84.95	77.79	76.25	84.69	69.19	63.31
Policy Loans	-	-	-	-	0.04	0.04
Other Investments	67.38	61.5	62.22	58.11	38.39	37.96
Total Investments	177.83	166	158.18	160.85	124.68	111.31
Cash & Equivalents	12.59	15.63	15.46	14.36	8.35	4.75
Reinsurance Recoverable	30	34.38	37.52	41.15	21.08	30.39
Other Receivables	-	-	-	-	11.88	11.75
Property, Plant & Equipment	0.38	0.38	0.37	0.39	0.63	0.78
Goodwill	1.55	1.55	1.55	-	-	-
Other Intangible Assets	1.53	1.54	1.56	-	-	-
Restricted Cash	-	-	-	-	1.64	1.64
Other Long-Term Assets	12.44	14.5	12.14	7.9	29.92	26.85
Total Assets	236.34	233.99	226.77	224.66	198.18	187.47
Accrued Expenses	2.38	1.91	2.73	2.04	1.85	1.81
Insurance & Annuity Liabilities	23.63	28.48	26.1	73.83	27.97	65.53
Unpaid Claims	38.84	42.02	49.58	-	37.08	7.65
Unearned Premiums	0.26	0.32	0.71	1.89	1.23	0.92
Reinsurance Payable	0.69	0.08	0.04	0.71	7.73	8.17
Current Income Taxes Payable	0.65	0.51	0.48	1.96	0.73	0.56
Other Current Liabilities	0.23	0.4	0.31	0.78	0.7	0.95
Other Long-Term Liabilities	4.58	5.07	4.7	4.41	3.17	3.12
Total Liabilities	71.26	78.79	84.66	85.63	80.46	88.7
Common Stock	19.4	19.4	19.4	19.4	19.4	19.4
Retained Earnings	116.25	112.47	107.79	102.29	56.13	50.24
Treasury Stock	-3.01	-3.01	-3.01	-3.01	-3.01	-3.01
Comprehensive Income & Other	31.45	25.41	17.64	20.34	45.2	32.13
Total Common Equity	164.09	154.28	141.82	139.03	117.73	98.77
Minority Interest	0.98	0.92	0.29	-	-	-
Shareholders' Equity	165.08	155.2	142.12	139.03	117.73	98.77
Total Liabilities & Equity	236.34	233.99	226.77	224.66	198.18	187.47
Filing Date Shares Outstanding	184.8	184.8	184.8	184.8	184.8	184.8
Total Common Shares Outstanding	184.8	184.8	184.8	184.8	184.8	184.8
Net Cash (Debt)	12.59	15.63	15.46	14.36	8.35	4.75
Net Cash Growth	2.51%	1.12%	7.67%	72.01%	75.90%	62.59%
Net Cash Per Share	0.07	0.08	0.08	0.08	0.05	0.03
Book Value Per Share	0.89	0.83	0.77	0.75	0.64	0.53
Tangible Book Value	161.01	151.19	138.71	139.03	117.73	98.77
Tangible Book Value Per Share	0.87	0.82	0.75	0.75	0.64	0.53
Land	-	-	-	4.32	4.32	4.32
Machinery	-	-	-	2	1.93	1.93

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