Oman United Insurance Company SAOG (MSM: OUIC)

OUIC 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	34.52	35.47	27.71	-	-	-
Investments in Equity & Preferred Securities	-	-	-	-	0.98	1.64
Other Investments	8.07	10.45	25.79	57.32	58.55	51.04
Total Investments	58.22	61.92	63.31	63.04	65.97	56.05
Cash & Equivalents	3.22	0.59	0.52	0.77	1.94	0.47
Reinsurance Recoverable	20.19	21.98	32.35	37.29	32.8	36.64
Other Receivables	4.82	5.32	4.72	5.76	5	5.43
Property, Plant & Equipment	0.96	1.28	1.35	1.3	1.6	1.61
Other Intangible Assets	-	-	-	0.19	-	-
Other Current Assets	0.89	0.84	0.84	0.42	-	6.01
Long-Term Deferred Tax Assets	0.15	0.08	-	-	-	-
Other Long-Term Assets	-	-	-	-	-	0.01
Total Assets	88.45	92.01	103.09	108.78	107.31	106.22
Accounts Payable	-	-	0.13	3.37	1.99	3.91
Accrued Expenses	-	1.65	2.1	2.2	1.13	0.6
Insurance & Annuity Liabilities	51.23	53.32	62.46	6.59	9.69	9.57
Unpaid Claims	-	-	-	40.53	35.75	39.27
Unearned Premiums	-	-	-	12.05	12.77	12.15
Reinsurance Payable	-	-	-	10.45	9.34	7.55
Current Portion of Leases	0.09	0.09	0.08	0.05	0.07	0.08
Short-Term Debt	0.85	0.92	0.18	-	2.41	-
Current Income Taxes Payable	0.13	0.2	0.45	0.75	0.98	1.02
Long-Term Leases	0.19	0.22	0.24	0.28	0.29	0.13
Long-Term Deferred Tax Liabilities	-	-	0.04	0.13	0.13	0.1
Other Current Liabilities	8.54	6.39	6.52	-	-	1.56
Other Long-Term Liabilities	-	-	-	0.68	1.46	-
Total Liabilities	61.87	63.77	73.13	77.95	76.85	76.97
Common Stock	10	10	10	10	10	10
Additional Paid-In Capital	0.87	0.87	0.87	0.87	0.87	0.87
Retained Earnings	18.54	20.47	21.32	19.79	19.33	18.08
Comprehensive Income & Other	-2.83	-3.1	-2.23	0.17	0.26	0.3
Shareholders' Equity	26.58	28.24	29.95	30.83	30.46	29.25
Total Liabilities & Equity	88.45	92.01	103.09	108.78	107.31	106.22
Filing Date Shares Outstanding	100	100	100	100	100	100
Total Common Shares Outstanding	100	100	100	100	100	100
Total Debt	1.13	1.23	0.5	0.32	2.77	0.21
Net Cash (Debt)	2.09	-0.65	0.02	0.45	-0.83	0.27
Net Cash Growth	-	-	-96.52%	-	-	-70.24%
Net Cash Per Share	0.02	-0.01	0.00	0.00	-0.01	0.00
Book Value Per Share	0.27	0.28	0.30	0.31	0.30	0.29
Tangible Book Value	26.58	28.24	29.95	30.64	30.46	29.25
Tangible Book Value Per Share	0.27	0.28	0.30	0.31	0.30	0.29
Land	-	0.46	0.46	-	0.46	0.46
Buildings	-	1.29	1.29	-	1.29	1.29
Machinery	-	2.87	2.94	-	2.73	2.66
Leasehold Improvements	-	0.49	0.47	-	0.46	0.45

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