Zambia Reinsurance Balance Sheet

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

Millions ZMW. 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	-	86.17	59.01	72.75	65.76
Total Investments	-	92.47	64.91	78.35	65.76
Cash & Equivalents	2.25	2.38	17.56	1.48	5.47
Reinsurance Recoverable	-	76.53	43.8	29.72	6.66
Other Receivables	-	25.88	12.59	21.07	18.14
Property, Plant & Equipment	-	12.53	12.51	10.34	8.65
Other Current Assets	197.4	0.01	0.28	0.06	0.1
Long-Term Deferred Tax Assets	-	-	-	-	3.15
Other Long-Term Assets	24.21	-	-	-	5.04
Total Assets	223.87	209.8	151.65	141.02	112.96
Accrued Expenses	-	2.25	2.72	3.57	2.36
Insurance & Annuity Liabilities	-	57	33.45	39.49	-
Unpaid Claims	-	-	-	-	4.85
Unearned Premiums	-	-	-	-	4.25
Reinsurance Payable	-	9.56	6.27	7.47	6.81
Current Portion of Leases	-	0.01	0.01	-	-
Current Income Taxes Payable	-	4.28	0.4	-	1.28
Long-Term Leases	-	0.52	0.53	0.55	-
Long-Term Deferred Tax Liabilities	-	0.1	2.31	0.56	-
Other Current Liabilities	-	0.64	0.56	0.56	0.43
Other Long-Term Liabilities	77.62	-	-	-	0.7
Total Liabilities	77.62	74.35	46.26	52.2	20.68
Common Stock	146.25	45	45	45	45
Additional Paid-In Capital	-	24.98	24.98	24.98	24.98
Retained Earnings	-	50.65	24.21	10.73	16.76
Comprehensive Income & Other	-	14.82	11.2	8.12	5.55
Shareholders' Equity	146.25	135.45	105.39	88.82	92.28
Total Liabilities & Equity	223.87	209.8	151.65	141.02	112.96
Filing Date Shares Outstanding	51.08	45	45	45	45
Total Common Shares Outstanding	51.08	45	45	45	45
Total Debt	-	0.53	0.54	0.55	-
Net Cash (Debt)	2.25	1.85	17.02	0.93	5.47
Net Cash Growth	21.74%	-89.14%	1728.83%	-82.98%	-52.28%
Net Cash Per Share	0.05	0.04	0.38	0.02	0.12
Book Value Per Share	2.86	3.01	2.34	1.97	2.05
Tangible Book Value	146.25	135.45	105.39	88.82	92.28
Tangible Book Value Per Share	2.86	3.01	2.34	1.97	2.05
Buildings	-	8.32	8.32	8.32	7.82
Machinery	-	7.15	6.12	4.44	3.98
Construction In Progress	-	0.99	0.99	0.29	-

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