KWSE:WINSRE 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	-	0.54	0.49	8.9	9.26
Investments in Equity & Preferred Securities	24.27	29.44	26.27	19.24	21.4
Policy Loans	-	-	-	-	0.02
Other Investments	21.71	8.79	5.18	5.01	0.3
Total Investments	70.56	66.23	52.18	44.72	40.28
Cash & Equivalents	8.32	5.96	5.37	6.85	7.45
Reinsurance Recoverable	19.7	18.54	21.59	24.1	50.47
Other Receivables	0.82	0.45	0.34	0.31	9.28
Deferred Policy Acquisition Cost	-	-	-	-	0.62
Property, Plant & Equipment	6.64	6.75	7.17	7.3	7.24
Other Current Assets	2.12	2.01	2.04	2.07	5.37
Other Long-Term Assets	6.38	4.16	3.4	2.37	2.5
Total Assets	114.53	104.1	92.11	87.72	123.19
Accounts Payable	-	-	-	-	3.61
Accrued Expenses	2.26	1.69	1.54	1.06	1.43
Insurance & Annuity Liabilities	38.19	36.68	39.35	35.76	7.36
Unpaid Claims	-	-	-	-	52.12
Unearned Premiums	-	-	-	-	6.07
Reinsurance Payable	-	-	-	-	0.7
Current Income Taxes Payable	0.31	0.35	0.28	0.22	-
Long-Term Debt	2	4	4	4	4
Other Current Liabilities	1.38	1.39	1.31	1.28	1.22
Other Long-Term Liabilities	13.91	14.75	7.47	6.43	4.33
Total Liabilities	60.2	60.81	55.82	50.62	82.56
Common Stock	25	25	25	17.71	17.71
Additional Paid-In Capital	0.22	0.22	0.21	0.22	0.31
Retained Earnings	15.99	11.68	8.91	15.8	15.97
Treasury Stock	-0.69	-0.69	-1.21	-1.12	-0.89
Comprehensive Income & Other	13.79	7.07	3.42	4.56	7.61
Total Common Equity	54.31	43.29	36.33	37.17	40.7
Minority Interest	0.02	0	-0.04	-0.07	-0.06
Shareholders' Equity	54.33	43.29	36.29	37.11	40.64
Total Liabilities & Equity	114.53	104.1	92.11	87.72	123.19
Filing Date Shares Outstanding	243.43	243.43	238.21	239.27	241.83
Total Common Shares Outstanding	243.43	243.43	238.21	239.27	241.83
Total Debt	2	4	4	4	4
Net Cash (Debt)	6.32	1.96	1.37	2.85	3.45
Net Cash Growth	222.93%	42.46%	-51.83%	-17.19%	-7.72%
Net Cash Per Share	0.03	0.01	0.01	0.01	0.01
Book Value Per Share	0.22	0.18	0.15	0.16	0.17
Tangible Book Value	54.31	43.29	36.33	37.17	40.7
Tangible Book Value Per Share	0.22	0.18	0.15	0.16	0.17
Land	8.63	8.63	8.63	8.63	8.63
Machinery	3.1	3.01	2.79	2.69	2.55
Construction In Progress	0.05	0	0.39	0.39	0.26

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