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	Mar 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Investments in Debt Securities	35.39	35.28	-	-	-	-
Investments in Equity & Preferred Securities	181.5	187.84	171.82	127.38	142.2	185.94
Other Investments	154.7	169.7	181.05	90.1	0.1	7.4
Total Investments	613.49	634.72	600.1	498.11	376.33	429.8
Cash & Equivalents	89.72	73.85	70.05	169.98	194.63	60.33
Reinsurance Recoverable	266.94	217.17	195.88	203.57	250.5	278.63
Other Receivables	74.49	57.37	65.2	-13.2	65.37	181.73
Property, Plant & Equipment	32.19	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	10.9	10.67	7.61	11.95	8.64	8.56
Other Long-Term Assets	1.69	1.82	-	-	-	-
Total Assets	1,089	1,040	987.82	972.34	964.16	1,026
Accounts Payable	56.05	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	48.82	52.59	57.17	67.88	54.02	89.42
Unpaid Claims	152.67	163.31	143.7	162.89	201.91	232.27
Unearned Premiums	212.36	142.45	131.75	136.69	131.34	116.84
Reinsurance Payable	18.41	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	3.97	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	499.09	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	285.15	283.65	255.22	253.44	228.11	282.88
Comprensive Income & Other	49.88	58.44	47.04	18.57	10.65	-1.49
Shareholders' Equity	590.31	597.37	557.54	527.29	494.04	536.67
Total Liabilities & Equity	1,089	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	3.97	4.14	4.4	4.23	-	-
Net Cash (Debt)	85.75	69.71	65.66	165.75	194.63	60.33
Net Cash Growth	35.33%	6.18%	-60.39%	-14.84%	222.62%	79.38%
Net Cash Per Share	0.34	0.27	0.26	0.65	0.76	0.24
Book Value Per Share	2.31	2.34	2.18	2.07	1.94	2.10
Tangible Book Value	590.31	597.37	557.54	527.29	494.04	536.67
Tangible Book Value Per Share	2.31	2.34	2.18	2.07	1.94	2.10
Land	-	-	-	-	6.25	6.25
Buildings	-	-	-	-	15.05	15.05
Machinery	22.86	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.