Takaful Oman Insurance SAOG (MSM:TAOI)

MSM:TAOI 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
Other Investments	21.44	20.47	21	16.23	14.52	8.52
Total Investments	26.92	22.27	21	16.23	14.52	9.43
Cash & Equivalents	2.61	3.11	2.4	3.59	0.68	0.17
Reinsurance Recoverable	14.58	21.56	21.24	26.76	24.71	8.39
Other Receivables	5.31	12.66	14.21	14.23	20.32	17.5
Deferred Policy Acquisition Cost	1.74	0.9	0.64	0.46	0.48	1.6
Property, Plant & Equipment	0.52	0.52	1.94	2.2	1.79	0.3
Other Intangible Assets	0.49	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	1.04	1.17	1.31	1.05	0.83
Other Long-Term Assets	0	2	2	3.95	2.02	1.93
Total Assets	53.16	65.22	65.57	69.51	66.44	40.83
Accounts Payable	1.59	1.18	3.6	6.39	3.21	2.65
Accrued Expenses	0.14	0.12	0.11	0.05	0.11	0.02
Insurance & Annuity Liabilities	27.87	-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	0.01	11.86	13.56	8.35	5.04	3.87
Short-Term Debt	4.54	1.5	1.47	5.64	3.58	1.85
Current Income Taxes Payable	-	-	-	-	0.33	0.25
Long-Term Leases	0.15	0.15	0.88	1.08	0.95	-
Other Current Liabilities	-	3.98	5.61	5.21	16.92	11.54
Total Liabilities	38.26	49.78	49.13	51.23	37.14	17.65
Common Stock	16	16	16	16	10	10
Retained Earnings	-7.57	-7.02	-5.56	-3.74	13.22	12.94
Comprehensive Income & Other	6.47	6.46	6	6.02	6.07	0.24
Shareholders' Equity	14.9	15.43	16.44	18.28	29.3	23.18
Total Liabilities & Equity	53.16	65.22	65.57	69.51	66.44	40.83
Filing Date Shares Outstanding	250	250	250	250	100	100
Total Common Shares Outstanding	250	250	250	250	100	100
Total Debt	4.69	1.66	2.35	6.72	4.53	1.85
Net Cash (Debt)	-2.08	1.45	0.05	-3.13	-3.85	-1.68
Net Cash Growth	-	2996.27%	-	-	-	-
Net Cash Per Share	-0.01	0.01	0.00	-0.02	-0.04	-0.02
Book Value Per Share	0.04	0.06	0.07	0.07	0.29	0.23
Tangible Book Value	14.42	14.95	15.98	17.91	28.92	22.95
Tangible Book Value Per Share	0.03	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 Mar 31, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.