Al-Takaful Palestinian Insurance Company (PEX:TIC)

PEX:TIC 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 Equity & Preferred Securities	7.49	7.03	6.67	3.98	4.62	4.11
Other Investments	14.96	13.88	17.94	16.12	7.77	5.03
Total Investments	30.79	29.42	33.15	28.64	20.51	17.19
Cash & Equivalents	0.15	2.59	0.54	3.38	9.24	10.7
Reinsurance Recoverable	10.81	8.52	10.7	13.36	13.74	11.05
Other Receivables	8.93	6.6	3.78	13.05	32.81	29.82
Property, Plant & Equipment	4.87	5.09	5.51	6.04	6.62	7.22
Restricted Cash	-	-	-	-	2.93	1.44
Other Current Assets	0.64	0.41	0.46	0.24	0.23	0.5
Long-Term Deferred Tax Assets	1.48	1.31	1.1	1.13	1.07	0.79
Other Long-Term Assets	3.39	3.66	3.73	3.7	2.29	2.03
Total Assets	61.05	57.6	58.98	69.54	89.44	80.72
Accounts Payable	-	-	-	-	3.2	2.56
Accrued Expenses	1.23	2.55	2.71	1.77	3.09	2.6
Insurance & Annuity Liabilities	14.91	-4.1	-2.84	34.68	-3.16	-1.8
Unpaid Claims	-	21.31	25.21	-	34.17	31.38
Unearned Premiums	-	-	-	-	18.49	15.44
Reinsurance Payable	-	-	-	-	1.24	1.58
Current Portion of Leases	0.26	0.26	0.26	0.24	0.18	0.12
Current Income Taxes Payable	3.02	3.01	2.17	3.63	0.99	1.32
Long-Term Debt	7.16	4.1	2.84	2.12	3.49	2.11
Long-Term Leases	0.06	0.29	0.25	0.51	0.78	1.06
Long-Term Deferred Tax Liabilities	1.37	1.37	1.37	1.4	1.01	1.02
Other Current Liabilities	7.09	2.75	1.46	-	2.15	1.55
Total Liabilities	37.2	33.34	35.08	45.8	67	59.84
Common Stock	11	11	11	10	10	10
Additional Paid-In Capital	0.33	0.33	0.33	0.33	0.33	0.33
Retained Earnings	7.65	8.52	8.43	8.9	8.51	7.98
Comprehensive Income & Other	4.88	4.42	4.14	4.52	3.61	2.58
Shareholders' Equity	23.86	24.26	23.89	23.74	22.44	20.89
Total Liabilities & Equity	61.05	57.6	58.98	69.54	89.44	80.72
Filing Date Shares Outstanding	11	11	11	11	11	11
Total Common Shares Outstanding	11	11	11	11	11	11
Total Debt	7.48	4.65	3.35	2.86	4.45	3.29
Net Cash (Debt)	-7.34	-2.06	-2.81	0.52	4.79	7.41
Net Cash Growth	-	-	-	-89.13%	-35.41%	-21.86%
Net Cash Per Share	-0.67	-0.19	-0.26	0.05	0.44	0.67
Book Value Per Share	2.17	2.21	2.17	2.16	2.04	1.90
Tangible Book Value	23.86	24.26	23.89	23.74	22.44	20.89
Tangible Book Value Per Share	2.17	2.21	2.17	2.16	2.04	1.90
Buildings	4.68	4.68	4.68	4.68	4.68	4.68
Machinery	5.04	4.93	4.89	4.75	4.58	4.51

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