MSM:AFIC Balance Sheet

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

Millions OMR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2016 - 2020
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	2016 - 2020
Investments in Debt Securities	-	12.38	7.42	9.38	8.25	Upgrade
Investments in Equity & Preferred Securities	-	0.3	0.28	0.26	0.23	Upgrade
Policy Loans	-	-	-	-	0.01	Upgrade
Other Investments	-	24.65	25.44	22.07	21.41	Upgrade
Total Investments	-	42.3	35.68	33.71	31.91	Upgrade
Cash & Equivalents	-	4.17	6.1	4.31	5.42	Upgrade
Reinsurance Recoverable	-	15.15	11.52	11.44	24.8	Upgrade
Other Receivables	-	1.22	0.61	0.82	7.68	Upgrade
Property, Plant & Equipment	-	0.11	0.19	0.32	0.46	Upgrade
Goodwill	-	0.56	0.56	0.56	0.56	Upgrade
Other Intangible Assets	-	0.16	0.25	0.29	0.3	Upgrade
Other Current Assets	-	0.13	0.12	0.13	0.16	Upgrade
Long-Term Deferred Tax Assets	-	0.23	0.21	0.18	0.19	Upgrade
Total Assets	-	64.03	55.24	51.75	71.47	Upgrade
Accrued Expenses	-	0.51	0.51	0.48	1.52	Upgrade
Insurance & Annuity Liabilities	-	19.79	14.16	30.61	8.61	Upgrade
Unpaid Claims	-	20.02	17.76	-	21.27	Upgrade
Unearned Premiums	-	-	-	-	8.04	Upgrade
Reinsurance Payable	-	0.51	2.28	-	7.9	Upgrade
Current Portion of Leases	-	-	-	0.08	0.07	Upgrade
Current Income Taxes Payable	-	0.52	0.22	0.32	0.4	Upgrade
Long-Term Leases	-	-	0.03	0.03	0.1	Upgrade
Other Current Liabilities	-	-	-	-	3.06	Upgrade
Other Long-Term Liabilities	-	0.28	0.14	0.26	-	Upgrade
Total Liabilities	-	41.82	35.27	31.91	51.09	Upgrade
Common Stock	-	10.33	10.33	10.33	10.33	Upgrade
Additional Paid-In Capital	-	1.75	1.75	1.75	1.75	Upgrade
Retained Earnings	-	9.35	7.76	7.64	8.16	Upgrade
Comprehensive Income & Other	-	0.78	0.12	0.12	0.13	Upgrade
Shareholders' Equity	22.77	22.21	19.97	19.84	20.38	Upgrade
Total Liabilities & Equity	-	64.03	55.24	51.75	71.47	Upgrade
Filing Date Shares Outstanding	103.3	103.3	103.3	103.3	103.3	Upgrade
Total Common Shares Outstanding	103.3	103.3	103.3	103.3	103.3	Upgrade
Total Debt	-	-	0.03	0.11	0.17	Upgrade
Net Cash (Debt)	0.65	4.17	6.07	4.2	5.25	Upgrade
Net Cash Growth	-84.48%	-31.29%	44.55%	-19.92%	-8.74%	Upgrade
Net Cash Per Share	0.01	0.04	0.06	0.04	0.05	Upgrade
Book Value Per Share	0.22	0.22	0.19	0.19	0.20	Upgrade
Tangible Book Value	22.1	21.49	19.16	19	19.52	Upgrade
Tangible Book Value Per Share	0.21	0.21	0.19	0.18	0.19	Upgrade
Machinery	-	0.96	0.92	0.9	0.88	Upgrade

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.