KWSE:KUWAITRE Balance Sheet

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

Millions KWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	25.6	25.6	22	22	18.7	16.7
Investments in Equity & Preferred Securities	-	-	-	-	6.66	6.65
Other Investments	190.62	187.45	160.68	124.5	106.15	95.03
Total Investments	241.21	237.28	204.17	166.72	143.32	130.19
Cash & Equivalents	8.02	7.54	5.25	5.12	4.65	5.9
Reinsurance Recoverable	21.27	22.05	17.04	22.12	9.4	25.24
Other Receivables	4.85	3.73	3.43	3.17	1.79	22.98
Deferred Policy Acquisition Cost	-	-	-	-	-	5.44
Property, Plant & Equipment	1.37	1.39	1.43	1.42	1.44	1.48
Other Current Assets	-	0.16	0.12	0.16	0.16	0.12
Other Long-Term Assets	-	-	0.11	0.11	0.11	0.11
Total Assets	276.71	272.14	231.55	198.82	160.88	191.47
Insurance & Annuity Liabilities	154.41	153.66	129.53	110.51	87.53	-
Unpaid Claims	-	-	-	-	-	95.18
Unearned Premiums	-	-	-	-	-	27.23
Reinsurance Payable	5.45	5.77	6.86	5.57	0.67	3.54
Short-Term Debt	0.19	-	-	-	-	-
Other Current Liabilities	6.95	3.96	3.46	3.05	2.2	2.34
Total Liabilities	167.01	163.38	139.85	119.13	90.41	128.29
Common Stock	34.21	31.1	28.79	26.18	24.02	22.03
Additional Paid-In Capital	5.3	5.3	5.3	5.3	5.3	5.3
Retained Earnings	71.63	73.46	58.79	49.1	40.83	34.95
Treasury Stock	-0.25	-0.25	-0.24	-0.24	-0.23	-0.23
Comprehensive Income & Other	-1.18	-0.84	-0.94	-0.65	0.57	1.13
Shareholders' Equity	109.71	108.76	91.71	79.69	70.48	63.18
Total Liabilities & Equity	276.71	272.14	231.55	198.82	160.88	191.47
Filing Date Shares Outstanding	339.39	339.3	339.31	339.3	339.32	339.32
Total Common Shares Outstanding	339.39	339.3	339.31	339.3	339.32	339.32
Total Debt	0.19	-	-	-	-	-
Net Cash (Debt)	7.82	7.54	5.25	5.12	4.65	5.9
Net Cash Growth	73.67%	43.54%	2.50%	10.11%	-21.15%	-16.58%
Net Cash Per Share	0.02	0.02	0.02	0.02	0.01	0.02
Book Value Per Share	0.32	0.32	0.27	0.23	0.21	0.19
Tangible Book Value	109.71	108.76	91.71	79.69	70.48	63.18
Tangible Book Value Per Share	0.32	0.32	0.27	0.23	0.21	0.19

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