Oman Qatar Insurance Company SAOG (MSM:OQIC)

MSM:OQIC Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Debt Securities	-	11.33	6.94	3.99	0
Other Investments	-	26.79	11.71	14.79	2.07
Total Investments	-	57.71	30.7	29.86	10.79
Cash & Equivalents	-	4.02	3.81	2.51	3.55
Reinsurance Recoverable	-	45.32	25.08	35.31	51.61
Other Receivables	-	0.7	0.41	7.01	5.62
Property, Plant & Equipment	-	0.73	0.26	0.24	0.38
Other Intangible Assets	-	1.69	-	-	-
Other Current Assets	-	0.35	0.37	0.36	0.04
Other Long-Term Assets	-	0.43	0.26	0.22	18.43
Total Assets	-	110.94	60.9	75.51	90.43
Accounts Payable	-	6.56	3.52	2.4	1.85
Accrued Expenses	-	0.76	0.39	0.4	0.16
Insurance & Annuity Liabilities	-	60.87	32.37	-	21.91
Unpaid Claims	-	-	-	28.24	36.51
Unearned Premiums	-	-	-	13.4	-
Reinsurance Payable	-	1.1	0.43	7.28	5.01
Current Portion of Leases	-	-	-	0.06	0.16
Current Income Taxes Payable	-	0.83	0.47	0.26	0.36
Long-Term Leases	-	0.12	0.16	-	-
Other Long-Term Liabilities	-	3.68	2.51	2.63	6.23
Total Liabilities	-	74.03	39.94	54.73	72.29
Common Stock	-	22	10	10	10
Retained Earnings	-	15.09	11.22	10.79	8.15
Comprehensive Income & Other	-	-0.18	-0.26	-0.02	-0.01
Shareholders' Equity	37.34	36.91	20.96	20.77	18.14
Total Liabilities & Equity	-	110.94	60.9	75.51	90.43
Filing Date Shares Outstanding	161.22	161.22	100	100	100
Total Common Shares Outstanding	161.22	161.22	100	100	100
Total Debt	-	0.12	0.16	0.06	0.16
Net Cash (Debt)	9.41	3.9	3.66	2.45	3.4
Net Cash Growth	141.66%	6.57%	49.40%	-27.96%	314.66%
Net Cash Per Share	0.06	0.02	0.04	0.02	0.03
Book Value Per Share	0.23	0.23	0.21	0.21	0.18
Tangible Book Value	35.73	35.22	20.96	20.77	18.14
Tangible Book Value Per Share	0.22	0.22	0.21	0.21	0.18
Buildings	-	0.25	-	-	-
Machinery	-	2.22	0.79	0.77	0.72
Construction In Progress	-	0.27	-	-	-

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