NICO Holdings Balance Sheet

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

Millions MWK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Investments in Debt Securities	928,023	753,061	473,677	396,697	361,032	143,146
Investments in Equity & Preferred Securities	997,689	617,901	387,993	228,661	196,186	165,022
Other Investments	53,983	127,516	91,530	59,137	31,727	116,900
Total Investments	1,985,809	1,511,610	965,114	693,712	596,718	431,751
Cash & Equivalents	347,382	212,352	143,652	84,116	81,099	67,767
Reinsurance Recoverable	41,317	38,583	38,988	29,783	14,092	14,570
Other Receivables	313,670	253,631	159,765	146,367	108,887	83,370
Deferred Policy Acquisition Cost	-	-	-	-	1,877	1,392
Property, Plant & Equipment	39,782	34,828	23,286	15,861	14,927	15,183
Other Intangible Assets	18,284	17,676	10,781	5,736	6,615	5,649
Restricted Cash	-	69,501	38,730	12,409	7,518	8,889
Other Current Assets	421,024	280,993	173,704	137,375	104,545	69,668
Long-Term Deferred Tax Assets	7,589	9,813	10,874	6,715	2,230	1,650
Other Long-Term Assets	-	1,836	2,331	1,246	1,483	1,454
Total Assets	3,174,857	2,430,823	1,567,225	1,133,321	939,990	701,345
Accounts Payable	262,446	3,280	63,872	1,975	2,323	1,093
Accrued Expenses	-	1,692	-	516.15	3,434	3,762
Insurance & Annuity Liabilities	1,236,917	901,701	653,300	458,276	386,380	327,956
Unpaid Claims	-	-	-	-	14,295	13,454
Unearned Premiums	-	-	-	-	14,483	11,134
Reinsurance Payable	148	49.36	305	5	4,324	3,697
Current Portion of Long-Term Debt	-	458.33	6,628	1,170	2,946	168.71
Current Portion of Leases	-	2,154	1,936	1,832	2,182	1,401
Short-Term Debt	-	107,944	-	15,557	8,444	4,742
Current Income Taxes Payable	-	17,179	1,170	-	-	-
Long-Term Debt	34,613	23,012	3,299	8,237	8,073	10,055
Long-Term Leases	7,356	5,294	4,859	3,230	3,438	3,158
Long-Term Deferred Tax Liabilities	18,379	16,537	5,273	3,827	2,757	1,735
Other Current Liabilities	1,244,815	889,682	665,576	494,547	306,702	154,136
Other Long-Term Liabilities	-	185,374	-	25,692	94,541	92,934
Total Liabilities	2,804,674	2,154,357	1,406,218	1,014,866	854,321	629,426
Common Stock	52	52.15	52.15	52.15	52.15	52.15
Additional Paid-In Capital	-	428.86	428.86	428.86	428.86	428.86
Retained Earnings	-	144,090	84,348	63,649	45,955	39,023
Comprehensive Income & Other	207,357	11,034	6,746	2,521	1,812	473.63
Total Common Equity	207,409	155,604	91,575	66,650	48,248	39,978
Minority Interest	162,774	120,862	69,431	51,804	37,420	31,941
Shareholders' Equity	370,183	276,466	161,006	118,455	85,668	71,919
Total Liabilities & Equity	3,174,857	2,430,823	1,567,225	1,133,321	939,990	701,345
Filing Date Shares Outstanding	1,043	1,043	1,043	1,043	1,043	1,043
Total Common Shares Outstanding	1,043	1,043	1,043	1,043	1,043	1,043
Total Debt	41,969	138,863	16,723	30,027	25,082	19,524
Net Cash (Debt)	305,413	73,489	126,930	54,089	56,017	48,243
Net Cash Growth	11.93%	-42.10%	134.67%	-3.44%	16.11%	78.35%
Net Cash Per Share	292.81	70.46	121.69	51.86	53.71	46.25
Book Value Per Share	198.85	149.18	87.80	63.90	46.26	38.33
Tangible Book Value	189,125	137,928	80,794	60,915	41,633	34,329
Tangible Book Value Per Share	181.32	132.24	77.46	58.40	39.92	32.91
Buildings	-	3,761	3,072	2,659	2,424	3,711
Machinery	-	43,404	26,991	21,815	19,872	17,078
Construction In Progress	-	1,896	3,756	499.33	157.83	223.42

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.