MSM:TAOI Balance Sheet

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

Millions OMR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Other Investments	24.27	20.47	21	16.23	14.52	8.52
Total Investments	27.43	22.27	21	16.23	14.52	9.43
Cash & Equivalents	5.04	3.11	2.4	3.59	0.68	0.17
Reinsurance Recoverable	22.97	21.56	21.24	26.76	24.71	8.39
Other Receivables	3.7	12.66	14.21	14.23	20.32	17.5
Deferred Policy Acquisition Cost	3.14	0.9	0.64	0.46	0.48	1.6
Property, Plant & Equipment	0.5	0.52	1.94	2.2	1.79	0.3
Other Intangible Assets	0.43	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	0.83	1.04	1.17	1.31	1.05	0.83
Other Long-Term Assets	-	2	2	3.95	2.02	1.93
Total Assets	64.04	65.22	65.57	69.51	66.44	40.83
Accounts Payable	1.93	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	-5.49	-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	50.85	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	0.08	0.15	0.88	1.08	0.95	-
Other Current Liabilities	-	3.98	5.61	5.21	16.92	11.54
Total Liabilities	47.53	49.78	49.13	51.23	37.14	17.65
Common Stock	16	16	16	16	10	10
Retained Earnings	-5.98	-7.02	-5.56	-3.74	13.22	12.94
Comprehensive Income & Other	6.49	6.46	6	6.02	6.07	0.24
Shareholders' Equity	16.51	15.43	16.44	18.28	29.3	23.18
Total Liabilities & Equity	64.04	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	0.08	1.66	2.35	6.72	4.53	1.85
Net Cash (Debt)	4.95	1.45	0.05	-3.13	-3.85	-1.68
Net Cash Growth	-	2996.27%	-	-	-	-
Net Cash Per Share	0.02	0.01	0.00	-0.02	-0.04	-0.02
Book Value Per Share	0.07	0.06	0.07	0.07	0.29	0.23
Tangible Book Value	16.08	14.95	15.98	17.91	28.92	22.95
Tangible Book Value Per Share	0.06	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