Oman Qatar Insurance Company SAOG (MSM:OQIC)

MSM:OQIC Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Debt Securities	-	14.12	11.33	6.94	3.99	0
Other Investments	65.72	29.11	26.79	11.71	14.79	2.07
Total Investments	66.07	62.68	57.71	30.7	29.86	10.79
Cash & Equivalents	3.61	4.93	4.02	3.81	2.51	3.55
Reinsurance Recoverable	50.96	51.14	45.32	25.08	35.31	51.61
Other Receivables	0.53	0.65	0.7	0.41	7.01	5.62
Property, Plant & Equipment	0.71	0.72	0.73	0.26	0.24	0.38
Other Intangible Assets	1.54	1.57	1.69	-	-	-
Other Current Assets	-	0.61	0.35	0.37	0.36	0.04
Other Long-Term Assets	-	0.33	0.43	0.26	0.22	18.43
Total Assets	123.41	122.63	110.94	60.9	75.51	90.43
Accounts Payable	-	0.55	6.56	3.52	2.4	1.85
Accrued Expenses	-	0.56	0.76	0.39	0.4	0.16
Insurance & Annuity Liabilities	73.78	75.7	60.87	32.37	-	21.91
Unpaid Claims	-	-	-	-	28.24	36.51
Unearned Premiums	-	-	-	-	13.4	-
Reinsurance Payable	2.79	2.94	1.1	0.43	7.28	5.01
Current Portion of Leases	-	-	-	-	0.06	0.16
Current Income Taxes Payable	0.76	0.74	0.83	0.47	0.26	0.36
Long-Term Leases	0.1	0.1	0.12	0.16	-	-
Other Long-Term Liabilities	8.19	4.11	3.68	2.51	2.63	6.23
Total Liabilities	85.61	84.82	74.03	39.94	54.73	72.29
Common Stock	22	22	22	10	10	10
Retained Earnings	15.94	16.04	15.09	11.22	10.79	8.15
Comprehensive Income & Other	-0.14	-0.23	-0.18	-0.26	-0.02	-0.01
Shareholders' Equity	37.8	37.82	36.91	20.96	20.77	18.14
Total Liabilities & Equity	123.41	122.63	110.94	60.9	75.51	90.43
Filing Date Shares Outstanding	161.22	161.22	161.22	100	100	100
Total Common Shares Outstanding	161.22	161.22	161.22	100	100	100
Total Debt	0.1	0.1	0.12	0.16	0.06	0.16
Net Cash (Debt)	3.51	4.83	3.9	3.66	2.45	3.4
Net Cash Growth	-36.71%	23.93%	6.57%	49.40%	-27.96%	314.66%
Net Cash Per Share	0.02	0.03	0.02	0.04	0.02	0.03
Book Value Per Share	0.23	0.23	0.23	0.21	0.21	0.18
Tangible Book Value	36.26	36.24	35.22	20.96	20.77	18.14
Tangible Book Value Per Share	0.22	0.22	0.22	0.21	0.21	0.18
Buildings	-	0.25	0.25	-	-	-
Machinery	-	2.66	2.22	0.79	0.77	0.72
Construction In Progress	-	-	0.27	-	-	-

Updated Feb 26, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.