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

Accolade 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Debt Securities	11.15	17	13.07	13.43	13.84	8.67
Investments in Equity & Preferred Securities	87.81	77.79	76.25	84.69	69.19	63.31
Policy Loans	-	-	-	-	0.04	0.04
Other Investments	73.69	61.5	62.22	58.11	38.39	37.96
Total Investments	182	166	158.18	160.85	124.68	111.31
Cash & Equivalents	10.18	15.63	15.46	14.36	8.35	4.75
Reinsurance Recoverable	43.65	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	11.85	14.5	12.14	7.9	29.92	26.85
Total Assets	251.14	233.99	226.77	224.66	198.18	187.47
Accrued Expenses	1.74	1.91	2.73	2.04	1.85	1.81
Insurance & Annuity Liabilities	26.07	28.48	26.1	73.83	27.97	65.53
Unpaid Claims	52.88	42.02	49.58	-	37.08	7.65
Unearned Premiums	0.02	0.32	0.71	1.89	1.23	0.92
Reinsurance Payable	0.18	0.08	0.04	0.71	7.73	8.17
Current Income Taxes Payable	0.38	0.51	0.48	1.96	0.73	0.56
Other Current Liabilities	0.31	0.4	0.31	0.78	0.7	0.95
Other Long-Term Liabilities	3.71	5.07	4.7	4.41	3.17	3.12
Total Liabilities	85.31	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	112.75	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	35.64	25.41	17.64	20.34	45.2	32.13
Total Common Equity	164.79	154.28	141.82	139.03	117.73	98.77
Minority Interest	1.04	0.92	0.29	-	-	-
Shareholders' Equity	165.83	155.2	142.12	139.03	117.73	98.77
Total Liabilities & Equity	251.14	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)	10.18	15.63	15.46	14.36	8.35	4.75
Net Cash Growth	-1.14%	1.12%	7.67%	72.01%	75.90%	62.59%
Net Cash Per Share	0.06	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	161.7	151.19	138.71	139.03	117.73	98.77
Tangible Book Value Per Share	0.88	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.