Oman United Insurance Company SAOG (MSM:OUIC)

MSM:OUIC 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	-	-	-	27.71	-	-
Investments in Equity & Preferred Securities	-	0.3	0.28	-	-	0.98
Other Investments	54.26	37.55	45.63	25.79	57.32	58.55
Total Investments	56.47	58.69	61.92	63.31	63.04	65.97
Cash & Equivalents	2.74	0.81	0.59	0.52	0.77	1.94
Reinsurance Recoverable	29.02	28.76	21.98	32.35	37.29	32.8
Other Receivables	7.96	4.7	5.32	4.72	5.76	5
Property, Plant & Equipment	0.8	0.84	1.17	1.35	1.3	1.6
Other Intangible Assets	0.06	0.07	0.11	-	0.19	-
Other Current Assets	1.03	0.87	0.84	0.84	0.42	-
Total Assets	98.09	94.74	91.92	103.09	108.78	107.31
Accounts Payable	-	-	-	0.13	3.37	1.99
Accrued Expenses	-	2.73	1.65	2.1	2.2	1.13
Insurance & Annuity Liabilities	60.24	57.86	53.32	62.46	6.59	9.69
Unpaid Claims	-	-	-	-	40.53	35.75
Unearned Premiums	-	-	-	-	12.05	12.77
Reinsurance Payable	-	-	-	-	10.45	9.34
Current Portion of Leases	-	0.08	0.09	0.08	0.05	0.07
Short-Term Debt	0.76	-	0.92	0.18	-	2.41
Current Income Taxes Payable	0.34	0.35	0.2	0.45	0.75	0.98
Long-Term Leases	0.23	0.17	0.22	0.24	0.28	0.29
Long-Term Deferred Tax Liabilities	0.08	0.08	0.11	0.04	0.13	0.13
Other Current Liabilities	-	5.11	6.39	6.52	-	-
Other Long-Term Liabilities	11.36	-	-	-	0.68	1.46
Total Liabilities	73.01	67.31	63.88	73.13	77.95	76.85
Common Stock	10	10	10	10	10	10
Additional Paid-In Capital	-	0.87	0.87	0.87	0.87	0.87
Retained Earnings	16.42	17.69	19.19	21.32	19.79	19.33
Comprehensive Income & Other	-1.34	-1.13	-2.02	-2.23	0.17	0.26
Shareholders' Equity	25.08	27.43	28.05	29.95	30.83	30.46
Total Liabilities & Equity	98.09	94.74	91.92	103.09	108.78	107.31
Filing Date Shares Outstanding	100	100	100	100	100	100
Total Common Shares Outstanding	100	100	100	100	100	100
Total Debt	0.99	0.25	1.23	0.5	0.32	2.77
Net Cash (Debt)	1.75	0.55	-0.65	0.02	0.45	-0.83
Net Cash Growth	91.82%	-	-	-96.52%	-	-
Net Cash Per Share	0.02	0.01	-0.01	0.00	0.00	-0.01
Book Value Per Share	0.25	0.27	0.28	0.30	0.31	0.30
Tangible Book Value	25.02	27.36	27.93	29.95	30.64	30.46
Tangible Book Value Per Share	0.25	0.27	0.28	0.30	0.31	0.30
Land	-	-	-	0.46	-	0.46
Buildings	-	-	-	1.29	-	1.29
Machinery	-	-	-	2.94	-	2.73
Leasehold Improvements	-	-	-	0.47	-	0.46

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.