Takaful Oman Insurance SAOG (MSM:TAOI)

MSM:TAOI 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
Other Investments	20.47	21	16.23	14.52	8.52
Total Investments	22.27	21	16.23	14.52	9.43
Cash & Equivalents	3.11	2.4	3.59	0.68	0.17
Reinsurance Recoverable	21.56	21.24	26.76	24.71	8.39
Other Receivables	12.66	14.21	14.23	20.32	17.5
Deferred Policy Acquisition Cost	0.9	0.64	0.46	0.48	1.6
Property, Plant & Equipment	0.52	1.94	2.2	1.79	0.3
Other Intangible Assets	0.49	0.46	0.37	0.37	0.23
Restricted Cash	-	-	-	-	0.05
Other Current Assets	0.66	0.52	0.42	0.51	0.4
Long-Term Deferred Tax Assets	1.04	1.17	1.31	1.05	0.83
Other Long-Term Assets	2	2	3.95	2.02	1.93
Total Assets	65.22	65.57	69.51	66.44	40.83
Accounts Payable	1.18	3.6	6.39	3.21	2.65
Accrued Expenses	0.12	0.11	0.05	0.11	0.02
Insurance & Annuity Liabilities	-5.19	-6.59	-8.7	-23.73	-17.17
Unpaid Claims	19.69	19.6	25.49	23.6	7.95
Unearned Premiums	16.49	10.89	7.72	7.07	6.65
Reinsurance Payable	11.86	13.56	8.35	5.04	3.87
Short-Term Debt	1.5	1.47	5.64	3.58	1.85
Current Income Taxes Payable	-	-	-	0.33	0.25
Long-Term Leases	0.15	0.88	1.08	0.95	-
Other Current Liabilities	3.98	5.61	5.21	16.92	11.54
Total Liabilities	49.78	49.13	51.23	37.14	17.65
Common Stock	16	16	16	10	10
Retained Earnings	-7.02	-5.56	-3.74	13.22	12.94
Comprehensive Income & Other	6.46	6	6.02	6.07	0.24
Shareholders' Equity	15.43	16.44	18.28	29.3	23.18
Total Liabilities & Equity	65.22	65.57	69.51	66.44	40.83
Filing Date Shares Outstanding	250	250	250	100	100
Total Common Shares Outstanding	250	250	250	100	100
Total Debt	1.66	2.35	6.72	4.53	1.85
Net Cash (Debt)	1.45	0.05	-3.13	-3.85	-1.68
Net Cash Growth	2996.27%	-	-	-	-
Net Cash Per Share	0.01	0.00	-0.02	-0.04	-0.02
Book Value Per Share	0.06	0.07	0.07	0.29	0.23
Tangible Book Value	14.95	15.98	17.91	28.92	22.95
Tangible Book Value Per Share	0.06	0.06	0.07	0.29	0.23
Machinery	0.63	0.58	0.53	0.68	0.52
Construction In Progress	0.04	-	-	0.02	0.05
Leasehold Improvements	0.46	0.46	0.45	0.21	0.2

Updated Oct 27, 2024. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.