Dhofar Insurance Company SAOG (MSM: DICS)

MSM: DICS Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Investments in Debt Securities	16.41	2.32	0.21	0.94	-	0.01
Investments in Equity & Preferred Securities	12.97	13.92	7.1	7.32	3.98	3.95
Other Investments	30.64	3.12	29.91	32.08	35.45	30.31
Total Investments	70.85	26.76	44.66	47.18	47.38	42.62
Cash & Equivalents	16.73	15.77	12.35	2.64	9.91	9.38
Reinsurance Recoverable	42.32	46.55	47.8	64.23	55.14	73.77
Other Receivables	1.83	1.88	2.25	10.68	10.28	9.01
Property, Plant & Equipment	2.09	1.97	2.01	2.01	1.02	1.1
Other Current Assets	-	2.2	-	0.26	0.19	0.16
Long-Term Deferred Tax Assets	-	-	-	-	-	0.26
Other Long-Term Assets	-	38.46	11.03	8.38	8.54	11.74
Total Assets	133.82	133.59	120.1	135.38	132.46	148.04
Accounts Payable	-	-	-	6.05	3.53	1.93
Accrued Expenses	-	1.29	1.35	1.31	0.67	0.78
Insurance & Annuity Liabilities	89.67	89.51	83.93	-	0.37	-
Unpaid Claims	-	-	-	57.27	57.39	79.25
Unearned Premiums	-	-	-	25.11	23.65	22.5
Reinsurance Payable	0.8	1.02	0.07	4.44	8.63	15.9
Current Portion of Long-Term Debt	1	1	1	-	-	1
Current Income Taxes Payable	-	0.87	0.45	0.08	-	-
Long-Term Debt	-	1	2	-	-	4
Long-Term Deferred Tax Liabilities	0.75	0.75	0.52	0.56	0.35	-
Other Current Liabilities	-	-	-	-	-	0.39
Other Long-Term Liabilities	3.15	1.01	0.96	13.12	11.91	-
Total Liabilities	95.36	96.96	90.67	108.32	106.92	126.12
Common Stock	13	12	11	10	10	10
Retained Earnings	23.87	23.1	18.08	15.83	14.27	10.42
Comprehensive Income & Other	1.58	1.52	0.34	1.23	1.26	1.49
Shareholders' Equity	38.45	36.63	29.42	27.06	25.54	21.92
Total Liabilities & Equity	133.82	133.59	120.1	135.38	132.46	148.04
Filing Date Shares Outstanding	112.75	109.16	104.76	100	100	100
Total Common Shares Outstanding	112.75	109.16	104.76	100	100	100
Total Debt	1	2	3	-	-	5
Net Cash (Debt)	15.73	13.77	9.35	2.64	9.91	4.38
Net Cash Growth	93.03%	47.14%	253.86%	-73.33%	126.42%	-
Net Cash Per Share	0.27	0.11	0.07	0.02	0.10	0.04
Book Value Per Share	0.34	0.34	0.28	0.27	0.26	0.22
Tangible Book Value	38.45	36.63	29.42	27.06	25.54	21.92
Tangible Book Value Per Share	0.34	0.34	0.28	0.27	0.26	0.22
Land	0.55	0.55	0.55	0.55	0.26	0.26
Buildings	1.58	1.58	1.58	1.58	0.84	0.84
Machinery	4.47	4.19	4.07	3.88	4.07	4.01

Source: S&P Capital IQ. Insurance template. Financial Sources.