Al Khaleej Takaful Insurance Company Q.P.S.C. (QSE: AKHI)

AKHI Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Investments in Debt Securities	57.39	35.28	-	-	-	-
Investments in Equity & Preferred Securities	151.91	187.84	171.82	127.38	142.2	185.94
Other Investments	173.75	169.7	181.05	90.1	0.1	7.4
Total Investments	626.23	634.72	600.1	498.11	376.33	429.8
Cash & Equivalents	120.82	73.85	70.05	169.98	194.63	60.33
Reinsurance Recoverable	245.2	217.17	195.88	203.57	250.5	278.63
Other Receivables	88.31	57.37	65.2	-13.2	65.37	181.73
Property, Plant & Equipment	31.17	32.8	37.21	2.98	11.51	10.19
Other Current Assets	-	11.22	11.76	98.96	57.18	56.29
Long-Term Deferred Charges	11.37	10.67	7.61	11.95	8.64	8.56
Other Long-Term Assets	2.06	1.82	-	-	-	-
Total Assets	1,125	1,040	987.82	972.34	964.16	1,026
Accounts Payable	37.09	4.32	3.81	4.66	4.98	32.16
Accrued Expenses	-	34.89	31.5	28.76	22.18	1.54
Insurance & Annuity Liabilities	52.83	52.59	57.17	67.88	54.02	89.42
Unpaid Claims	299.42	163.31	143.7	162.89	201.91	232.27
Unearned Premiums	43.88	142.45	131.75	136.69	131.34	116.84
Reinsurance Payable	64.31	16.18	33.91	20.89	33.46	1.43
Current Portion of Leases	-	0.05	0.05	-	-	-
Current Income Taxes Payable	0	0	0	0.02	0.02	0.01
Long-Term Leases	4.05	4.09	4.35	4.23	-	-
Other Current Liabilities	-	14.84	13.39	11.84	11.03	9.37
Other Long-Term Liabilities	-	2.46	4.34	1.28	0.52	-
Total Liabilities	509.01	442.24	430.28	445.05	470.12	488.87
Common Stock	255.28	255.28	255.28	255.28	255.28	255.28
Retained Earnings	327.42	283.65	255.22	253.44	228.11	282.88
Comprehensive Income & Other	33.44	58.44	47.04	18.57	10.65	-1.49
Shareholders' Equity	616.15	597.37	557.54	527.29	494.04	536.67
Total Liabilities & Equity	1,125	1,040	987.82	972.34	964.16	1,026
Filing Date Shares Outstanding	255.28	255.28	255.28	255.28	255.28	255.28
Total Common Shares Outstanding	255.28	255.28	255.28	255.28	255.28	255.28
Total Debt	4.05	4.14	4.4	4.23	-	-
Net Cash (Debt)	116.77	69.71	65.66	165.75	194.63	60.33
Net Cash Growth	16.34%	6.18%	-60.39%	-14.84%	222.62%	79.38%
Net Cash Per Share	0.46	0.27	0.26	0.65	0.76	0.24
Book Value Per Share	2.41	2.34	2.18	2.07	1.94	2.10
Tangible Book Value	616.15	597.37	557.54	527.29	494.04	536.67
Tangible Book Value Per Share	2.41	2.34	2.18	2.07	1.94	2.10
Land	-	-	-	-	6.25	6.25
Buildings	-	-	-	-	15.05	15.05
Machinery	23.05	22.84	20.95	18.85	17.35	16.74
Construction In Progress	-	-	-	-	0.17	0.34

Source: S&P Capital IQ. Insurance template. Financial Sources.