National Insurance Company (Palestine) (PEX:NIC)

PEX:NIC Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Debt Securities	9.58	9.37	10.41	14.22	19.87	20.86
Investments in Equity & Preferred Securities	13.96	10.84	3.3	2.51	4.87	4.75
Other Investments	9.34	11.53	12.7	7.34	2.14	4.17
Total Investments	64.06	63.37	67.28	66.18	58.66	58.47
Cash & Equivalents	5.64	7.07	6.34	8.73	14.91	17.09
Reinsurance Recoverable	27.75	30.94	23.1	8.36	11.64	12.35
Other Receivables	0.79	0.74	0.62	1.63	37.85	36.68
Property, Plant & Equipment	4.53	4.75	5.14	5.71	5.43	5.09
Other Intangible Assets	0.19	0.12	0.17	-	0.07	0.1
Restricted Cash	-	-	-	3.93	-	-
Other Current Assets	1.21	1.03	1.48	0.18	1.45	0.35
Long-Term Deferred Tax Assets	3.61	3.38	3.18	2.95	3	2.54
Other Long-Term Assets	3.53	3.57	3.62	-	6.33	1.49
Total Assets	111.31	114.98	110.94	97.66	139.33	134.15
Accounts Payable	3.15	2.21	0.63	0.67	6.9	6.29
Accrued Expenses	-	5.48	3.7	2.96	1.26	2.67
Insurance & Annuity Liabilities	49.86	55.04	51.58	37.37	0.01	0.01
Unpaid Claims	-	-	-	-	49.52	43.8
Unearned Premiums	-	-	-	-	22.03	20.34
Reinsurance Payable	0.01	0.02	0.03	0.03	2.57	3.14
Current Portion of Leases	0.15	0.15	0.14	0.12	0.12	0.11
Current Income Taxes Payable	1.63	2.31	1.77	0.81	-	1.49
Long-Term Leases	0.54	0.58	0.7	0.8	0.93	1.02
Long-Term Deferred Tax Liabilities	2.12	2.12	1.98	1.82	1.56	1.43
Other Current Liabilities	6.31	0.2	1.88	1.26	2.41	2.16
Total Liabilities	68	72.4	66.96	50.44	92.62	87.19
Common Stock	18.5	18.5	17.25	17.25	17.25	15
Retained Earnings	29.11	27.68	26.6	29.2	27.79	30.39
Treasury Stock	-0.27	-0.27	-0.25	-0.15	-	-
Comprehensive Income & Other	-4.03	-3.33	-1.28	-0.98	-0.09	-0.15
Total Common Equity	43.31	42.58	42.32	45.32	44.95	45.25
Minority Interest	-	-	1.66	1.89	1.76	1.72
Shareholders' Equity	43.31	42.58	43.98	47.22	46.71	46.96
Total Liabilities & Equity	111.31	114.98	110.94	97.66	139.33	134.15
Filing Date Shares Outstanding	19.42	18.42	18.47	18.5	18.5	18.5
Total Common Shares Outstanding	19.42	18.42	18.47	18.5	18.5	18.5
Total Debt	0.7	0.73	0.84	0.92	1.06	1.13
Net Cash (Debt)	4.94	6.35	5.5	7.81	13.85	15.95
Net Cash Growth	-9.83%	15.38%	-29.55%	-43.63%	-13.20%	-20.37%
Net Cash Per Share	0.27	0.34	0.30	0.42	0.75	0.86
Book Value Per Share	2.23	2.31	2.29	2.45	2.43	2.45
Tangible Book Value	43.13	42.46	42.15	45.32	44.88	45.15
Tangible Book Value Per Share	2.22	2.30	2.28	2.45	2.43	2.44
Buildings	1.01	1.01	1.01	6.33	5.32	5.13
Machinery	3.89	3.82	3.78	4.02	3.69	3.71
Construction In Progress	-	-	-	-	0.62	-

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.