KWSE:KUWAITRE Balance Sheet

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

Millions KWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Investments in Debt Securities	22	22	22	18.7	16.7	13.7
Investments in Equity & Preferred Securities	-	-	-	6.66	6.65	6.8
Other Investments	183.69	160.68	124.5	106.15	95.03	73.55
Total Investments	229.68	204.17	166.72	143.32	130.19	105.87
Cash & Equivalents	5.28	5.25	5.12	4.65	5.9	7.07
Reinsurance Recoverable	22.42	17.04	22.12	9.4	25.24	22.17
Other Receivables	3.92	3.43	3.17	1.79	22.98	19.64
Deferred Policy Acquisition Cost	-	-	-	-	5.44	4.74
Property, Plant & Equipment	1.4	1.43	1.42	1.44	1.48	1.57
Other Current Assets	-	0.12	0.16	0.16	0.12	0.11
Other Long-Term Assets	0.11	0.11	0.11	0.11	0.11	0.11
Total Assets	262.8	231.55	198.82	160.88	191.47	161.27
Insurance & Annuity Liabilities	150.72	129.53	110.51	87.53	-	-
Unpaid Claims	-	-	-	-	95.18	76.51
Unearned Premiums	-	-	-	-	27.23	23.33
Reinsurance Payable	5.6	6.86	5.57	0.67	3.54	2.72
Other Current Liabilities	3.37	3.46	3.05	2.2	2.34	1.89
Total Liabilities	159.68	139.85	119.13	90.41	128.29	104.45
Common Stock	31.1	28.79	26.18	24.02	22.03	20.4
Additional Paid-In Capital	5.3	5.3	5.3	5.3	5.3	5.3
Retained Earnings	66.51	58.79	49.1	40.83	34.95	31.28
Treasury Stock	-0.24	-0.24	-0.24	-0.23	-0.23	-0.23
Comprehensive Income & Other	0.45	-0.94	-0.65	0.57	1.13	0.08
Shareholders' Equity	103.12	91.71	79.69	70.48	63.18	56.83
Total Liabilities & Equity	262.8	231.55	198.82	160.88	191.47	161.27
Filing Date Shares Outstanding	308.46	308.46	308.46	308.47	308.48	308.48
Total Common Shares Outstanding	308.46	308.46	308.46	308.47	308.48	308.48
Net Cash (Debt)	5.28	5.25	5.12	4.65	5.9	7.07
Net Cash Growth	-1.10%	2.50%	10.11%	-21.15%	-16.58%	54.42%
Net Cash Per Share	0.02	0.02	0.02	0.02	0.02	0.02
Book Value Per Share	0.33	0.30	0.26	0.23	0.20	0.18
Tangible Book Value	103.12	91.71	79.69	70.48	63.18	56.83
Tangible Book Value Per Share	0.33	0.30	0.26	0.23	0.20	0.18

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