MSM:AMAT Balance Sheet

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

Millions OMR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 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	8.92	8.23	3.52	2.27	0.9	0.85
Investments in Equity & Preferred Securities	2.61	2.53	1.76	2.07	2.27	2.23
Other Investments	2.45	2.8	3.05	11.02	8.15	0.85
Total Investments	20.93	20.12	14.51	21.39	17.74	10.61
Cash & Equivalents	9.2	8.3	11.25	6.67	7.27	7.26
Reinsurance Recoverable	36.47	55.81	58.02	56.2	63.18	45.25
Other Receivables	3.39	22.23	19.83	19.12	16.92	12.88
Deferred Policy Acquisition Cost	-	1.2	1.03	0.78	0.79	0.82
Property, Plant & Equipment	0.53	0.49	0.57	0.61	0.69	0.73
Restricted Cash	0.01	0.12	0.06	-	-	-
Other Current Assets	4.36	5.33	5.78	5.18	4.29	3.11
Long-Term Deferred Tax Assets	0.28	0.28	0.29	0.3	0.2	0.14
Other Long-Term Assets	13.05	13.15	11.9	12.36	11.29	16.23
Total Assets	88.22	127.03	123.24	122.61	122.36	97.02
Accounts Payable	8.93	17.24	11.46	8.91	5.55	3.56
Accrued Expenses	-	0.99	1	0.99	1.01	1.12
Insurance & Annuity Liabilities	52.7	0.28	0.01	-0.15	-0.47	-0.51
Unpaid Claims	-	45.57	48.07	47.69	55.01	40.26
Unearned Premiums	-	22.97	20.38	20.51	20.52	17.05
Reinsurance Payable	2.4	14.71	15.24	18.34	12.82	9.47
Current Income Taxes Payable	-	0.28	0.3	0.28	0.32	0.39
Other Current Liabilities	0	0	0.01	0.14	0.08	0.11
Other Long-Term Liabilities	1.77	2.17	4.32	3.45	4.23	1.64
Total Liabilities	67.1	104.8	101.35	100.68	99.64	73.62
Common Stock	17.5	17.5	17.5	17.5	17.5	17.5
Additional Paid-In Capital	1.38	1.38	1.38	1.38	1.38	1.38
Retained Earnings	1.83	3.03	2.79	2.73	2.99	3.78
Comprehensive Income & Other	0.41	0.31	0.23	0.32	0.86	0.74
Shareholders' Equity	21.12	22.22	21.89	21.93	22.73	23.4
Total Liabilities & Equity	88.22	127.03	123.24	122.61	122.36	97.02
Filing Date Shares Outstanding	175	175	175	175	175	175
Total Common Shares Outstanding	175	175	175	175	175	175
Net Cash (Debt)	9.2	8.3	11.25	6.67	7.27	7.26
Net Cash Growth	19.60%	-26.19%	68.64%	-8.20%	0.08%	21.55%
Net Cash Per Share	0.05	0.05	0.06	0.04	0.04	0.04
Book Value Per Share	0.12	0.13	0.13	0.13	0.13	0.13
Tangible Book Value	21.12	22.22	21.89	21.93	22.73	23.4
Tangible Book Value Per Share	0.12	0.13	0.13	0.13	0.13	0.13
Buildings	-	0.72	0.72	0.72	0.72	0.72
Machinery	-	2.14	2.12	2.05	2	1.92
Leasehold Improvements	-	0.18	0.18	0.18	0.18	0.18

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