Tamkeen Insurance Company 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	-	8.47	10.13	11.34	9.71
Other Investments	13.16	2.15	0.85	0.83	3.27
Total Investments	14.22	11.52	11.29	12.48	13.29
Cash & Equivalents	2.02	1.83	2.31	2.02	2.15
Reinsurance Recoverable	3.97	3.75	2.58	1.23	2.02
Other Receivables	0.92	3.26	4.91	2.79	23.51
Property, Plant & Equipment	1.96	2.51	3.07	2.98	3.53
Other Current Assets	8.68	5.39	3.01	3.36	0.44
Long-Term Deferred Tax Assets	0.91	0.79	0.63	0.5	0.37
Other Long-Term Assets	2.4	3.14	4.85	4.54	4.89
Total Assets	35.09	32.18	32.64	29.91	50.22
Accounts Payable	0.04	0.27	0.16	0.81	2.61
Accrued Expenses	-	0.12	0.07	0.05	0.76
Insurance & Annuity Liabilities	8.98	8.16	8.95	5.13	0.08
Unpaid Claims	-	-	-	-	13.77
Unearned Premiums	-	-	-	-	11.37
Reinsurance Payable	0.05	0.05	0.06	0.14	1.2
Current Portion of Leases	0.27	0.17	0.16	0.14	0.14
Current Income Taxes Payable	0.31	1.12	0.87	0.79	-
Long-Term Leases	0.43	0.9	1.17	0.87	1.23
Other Current Liabilities	1.98	1.93	1.7	2.18	1.88
Other Long-Term Liabilities	-	-0	-	-	-
Total Liabilities	13.74	14.18	14.4	11.12	33.8
Common Stock	13.5	13.1	12.48	12	12
Additional Paid-In Capital	0.8	0.8	0.8	0.8	0.8
Retained Earnings	2.88	2.77	2.19	2	1.26
Comprehensive Income & Other	4.18	1.32	2.77	3.99	2.36
Shareholders' Equity	21.35	17.99	18.24	18.79	16.42
Total Liabilities & Equity	35.09	32.18	32.64	29.91	50.22
Filing Date Shares Outstanding	13.5	13.5	13.5	13.5	13.5
Total Common Shares Outstanding	13.5	13.5	13.5	13.5	13.5
Total Debt	0.7	1.07	1.33	1.02	1.37
Net Cash (Debt)	1.33	0.77	0.97	1.01	0.78
Net Cash Growth	73.39%	-21.36%	-3.50%	29.38%	-82.19%
Net Cash Per Share	0.10	0.06	0.07	0.07	0.06
Book Value Per Share	1.58	1.33	1.35	1.39	1.22
Tangible Book Value	21.35	17.99	18.24	18.79	16.42
Tangible Book Value Per Share	1.58	1.33	1.35	1.39	1.22
Buildings	-	0.11	0.11	0.11	0.11
Machinery	-	1.64	1.55	1.52	1.37

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