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	93.01	86.17	59.01	72.75	65.76
Total Investments	99.47	92.47	64.91	78.35	65.76
Cash & Equivalents	2.25	2.38	17.56	1.48	5.47
Reinsurance Recoverable	70.83	76.53	43.8	29.72	6.66
Other Receivables	27.07	25.88	12.59	21.07	18.14
Property, Plant & Equipment	17.75	12.53	12.51	10.34	8.65
Other Current Assets	0.06	0.01	0.28	0.06	0.1
Long-Term Deferred Tax Assets	6.44	-	-	-	3.15
Other Long-Term Assets	-	-	-	-	5.04
Total Assets	223.87	209.8	151.65	141.02	112.96
Accrued Expenses	2.91	2.25	2.72	3.57	2.36
Insurance & Annuity Liabilities	55.87	57	33.45	39.49	-
Unpaid Claims	-	-	-	-	4.85
Unearned Premiums	-	-	-	-	4.25
Reinsurance Payable	9.95	9.56	6.27	7.47	6.81
Current Portion of Leases	0.03	0.01	0.01	-	-
Current Income Taxes Payable	6.79	4.28	0.4	-	1.28
Long-Term Leases	0.47	0.52	0.53	0.55	-
Long-Term Deferred Tax Liabilities	-	0.1	2.31	0.56	-
Other Current Liabilities	1.61	0.64	0.56	0.56	0.43
Other Long-Term Liabilities	-	-	-	-	0.7
Total Liabilities	77.62	74.35	46.26	52.2	20.68
Common Stock	45	45	45	45	45
Additional Paid-In Capital	24.98	24.98	24.98	24.98	24.98
Retained Earnings	56.02	50.65	24.21	10.73	16.76
Comprehensive Income & Other	20.25	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	45	45	45	45	45
Total Common Shares Outstanding	45	45	45	45	45
Total Debt	0.5	0.53	0.54	0.55	-
Net Cash (Debt)	1.75	1.85	17.02	0.93	5.47
Net Cash Growth	-5.27%	-89.14%	1728.83%	-82.98%	-52.28%
Net Cash Per Share	0.04	0.04	0.38	0.02	0.12
Book Value Per Share	3.25	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	3.25	3.01	2.34	1.97	2.05
Buildings	11.5	8.32	8.32	8.32	7.82
Machinery	9.39	7.15	6.12	4.44	3.98
Construction In Progress	1.71	0.99	0.99	0.29	-