PEX:TIC Balance Sheet

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

Millions USD. 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 Equity & Preferred Securities	9.3	7.03	6.67	3.98	4.62
Other Investments	14.42	13.88	17.94	16.12	7.77
Total Investments	32.32	29.42	33.15	28.64	20.51
Cash & Equivalents	2.4	2.59	0.54	3.38	9.24
Reinsurance Recoverable	10.28	8.52	10.7	13.36	13.74
Other Receivables	9.32	6.6	3.78	13.05	32.81
Property, Plant & Equipment	4.87	5.09	5.51	6.04	6.62
Restricted Cash	-	-	-	-	2.93
Other Current Assets	0.58	0.41	0.46	0.24	0.23
Long-Term Deferred Tax Assets	1.63	1.31	1.1	1.13	1.07
Other Long-Term Assets	3.35	3.66	3.73	3.7	2.29
Total Assets	64.75	57.6	58.98	69.54	89.44
Accounts Payable	-	-	-	-	3.2
Accrued Expenses	-	2.55	2.71	1.77	3.09
Insurance & Annuity Liabilities	17.69	-4.1	-2.84	34.68	-3.16
Unpaid Claims	-	21.31	25.21	-	34.17
Unearned Premiums	-	-	-	-	18.49
Reinsurance Payable	-	-	-	-	1.24
Current Portion of Leases	0.2	0.26	0.26	0.24	0.18
Current Income Taxes Payable	2.12	3.01	2.17	3.63	0.99
Long-Term Debt	6.05	4.1	2.84	2.12	3.49
Long-Term Leases	0.06	0.29	0.25	0.51	0.78
Long-Term Deferred Tax Liabilities	1.41	1.37	1.37	1.4	1.01
Other Current Liabilities	8.7	2.75	1.46	-	2.15
Total Liabilities	38.57	33.34	35.08	45.8	67
Common Stock	11	11	11	10	10
Additional Paid-In Capital	0.33	0.33	0.33	0.33	0.33
Retained Earnings	8.61	8.52	8.43	8.9	8.51
Comprehensive Income & Other	6.24	4.42	4.14	4.52	3.61
Shareholders' Equity	26.18	24.26	23.89	23.74	22.44
Total Liabilities & Equity	64.75	57.6	58.98	69.54	89.44
Filing Date Shares Outstanding	11	11	11	11	11
Total Common Shares Outstanding	11	11	11	11	11
Total Debt	6.31	4.65	3.35	2.86	4.45
Net Cash (Debt)	-3.91	-2.06	-2.81	0.52	4.79
Net Cash Growth	-	-	-	-89.13%	-35.41%
Net Cash Per Share	-0.36	-0.19	-0.26	0.05	0.44
Book Value Per Share	2.38	2.21	2.17	2.16	2.04
Tangible Book Value	26.18	24.26	23.89	23.74	22.44
Tangible Book Value Per Share	2.38	2.21	2.17	2.16	2.04
Buildings	-	4.68	4.68	4.68	4.68
Machinery	-	4.93	4.89	4.75	4.58

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