Admiral Group Balance Sheet

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

Millions GBP. 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
Other Investments	5,258	4,863	3,862	3,411	3,743
Total Investments	5,258	4,863	3,862	3,411	3,743
Cash & Equivalents	301.1	313.6	353.1	297	372.7
Reinsurance Contract Assets	1,081	988.6	1,192	1,015	2,176
Other Receivables	1,906	1,332	1,289	1,140	1,765
Net Property, Plant & Equipment	80.2	87.8	90.1	89.8	103.2
Other Intangible Assets	327.6	321	242.9	217.6	179.9
Other Assets	68.8	37.9	66.5	37.5	19.9
Total Assets	9,023	7,944	7,096	6,209	8,360
Claims Reserves	5,399	4,961	4,582	4,025	4,215
Accounts Payable	217.2	175.3	305.8	254.9	1,960
Accrued Expenses	69.3	35	4.9	13.9	-
Total Debt	1,820	1,322	1,130	939.1	670.9
Long-Term Leases	73.6	79.6	81.2	88.5	105.3
Total Liabilities	7,579	6,574	6,103	5,322	6,951
Common Stock	0.3	0.3	0.3	0.3	0.3
Additional Paid-in Capital	13.1	13.1	13.1	13.1	13.1
Accumulated Other Comprehensive Income	-29.3	-26.7	-40.5	-50.2	44
Retained Earnings	1,459	1,383	1,019	922.6	1,349
Total Common Shareholders' Equity	1,443	1,370	991.8	885.8	1,406
Minority Interest	0.3	0.6	1	1.2	2.3
Shareholders' Equity	1,444	1,371	992.8	887	1,409
Total Liabilities & Equity	9,023	7,944	7,096	6,209	8,360
Total Debt	73.6	79.6	81.2	88.5	105.3
Net Cash (Debt)	-73.6	-79.6	-81.2	-88.5	-105.3
Net Cash Per Share	-0.24	-0.26	-0.27	-0.29	-0.35
Book Value	1,443	1,370	991.8	885.8	1,406
Book Value Per Share	4.70	4.47	3.25	2.94	4.71
Tangible Book Value	1,116	1,049	748.9	668.2	1,226
Tangible Book Value Per Share	3.63	3.43	2.45	2.22	4.11