The CIC Insurance Group Balance Sheet

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

Millions KES. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Investments in Debt Securities	25,848	18,649	13,944	16,961	11,396
Investments in Equity & Preferred Securities	121.39	136.4	128.46	130.34	119.79
Policy Loans	-	-	-	-	594.68
Other Investments	2,006	2,496	2,989	2,521	3,100
Total Investments	34,808	27,261	26,981	29,714	25,718
Cash & Equivalents	12,914	10,018	4,866	3,804	3,643
Reinsurance Recoverable	4,954	5,059	3,734	3,728	4,995
Other Receivables	2,169	909.28	790.94	658.42	1,854
Deferred Policy Acquisition Cost	-	-	-	-	557.43
Property, Plant & Equipment	1,298	1,260	1,385	1,197	1,070
Goodwill	98.15	98.15	98.15	98.15	98.15
Other Intangible Assets	212.31	188.43	203.25	186.83	215.58
Other Current Assets	5,776	5,515	376.55	124.51	82.35
Long-Term Deferred Tax Assets	869.63	979.17	1,381	1,164	1,206
Other Long-Term Assets	10,648	10,651	10,484	2,804	2,102
Total Assets	73,748	61,938	50,299	43,479	41,541
Accrued Expenses	400.15	287.93	483.39	572.43	52.38
Insurance & Annuity Liabilities	52,677	41,842	34,227	29,036	9,056
Unpaid Claims	-	-	-	-	5,828
Unearned Premiums	74.59	191.83	237.84	258.19	4,811
Reinsurance Payable	-	-	-	-	563.31
Current Portion of Long-Term Debt	5,025	5,271	-	-	-
Current Portion of Leases	70.45	84.75	108.89	112.13	71.11
Current Income Taxes Payable	32.9	12.64	229.81	115.94	215.1
Long-Term Debt	-	-	5,081	4,572	4,364
Long-Term Leases	102.33	114.78	200.69	151.06	95.91
Long-Term Deferred Tax Liabilities	1,091	1,015	663.54	288.39	485.04
Separate Account Liability	-	-	-	137.02	546.55
Other Current Liabilities	2,339	2,005	1,313	864.73	7,440
Other Long-Term Liabilities	90.72	98.92	141.27	-	-
Total Liabilities	61,902	50,924	42,687	36,108	33,557
Common Stock	2,877	2,616	2,616	2,616	2,616
Additional Paid-In Capital	162.18	162.18	162.18	162.18	162.18
Retained Earnings	8,997	9,015	6,644	5,491	5,619
Comprehensive Income & Other	-113.48	-720.95	-1,729	-864.87	-427.15
Total Common Equity	11,923	11,072	7,693	7,404	7,970
Minority Interest	-77.57	-58.02	-80.64	-32.09	14.16
Shareholders' Equity	11,845	11,014	7,612	7,371	7,984
Total Liabilities & Equity	73,748	61,938	50,299	43,479	41,541
Filing Date Shares Outstanding	2,877	2,877	2,877	2,877	2,877
Total Common Shares Outstanding	2,877	2,877	2,877	2,877	2,877
Total Debt	5,198	5,471	5,391	4,835	4,531
Net Cash (Debt)	7,716	4,547	-524.92	-1,031	-887.77
Net Cash Growth	69.71%	-	-	-	-
Net Cash Per Share	2.81	1.58	-0.18	-0.36	-0.31
Book Value Per Share	4.14	3.85	2.67	2.57	2.77
Tangible Book Value	11,612	10,785	7,391	7,119	7,656
Tangible Book Value Per Share	4.04	3.75	2.57	2.47	2.66
Buildings	741.52	780.75	821.88	830.82	743.25
Machinery	1,846	1,668	1,563	1,384	1,370
Leasehold Improvements	23.6	7.27	4.73	3.88	3.78

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