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

QSE:AKHI Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Debt Securities	91.01	72.51	35.28	-	-	-
Investments in Equity & Preferred Securities	166.59	172.32	189.66	171.82	127.38	142.2
Other Investments	160.1	205.1	169.7	181.05	90.1	0.1
Total Investments	653.01	684.22	636.54	600.1	498.11	376.33
Cash & Equivalents	84.67	89.79	73.85	70.05	169.98	194.63
Reinsurance Recoverable	169.72	210.59	217.17	195.88	203.57	250.5
Other Receivables	23.8	64.49	57.37	65.2	-13.2	65.37
Property, Plant & Equipment	30.49	31.05	32.8	37.21	2.98	11.51
Other Current Assets	-	10.24	11.22	11.76	98.96	57.18
Long-Term Deferred Charges	-	10.65	10.67	7.61	11.95	8.64
Other Long-Term Assets	1.78	1.95	-	-	-	-
Total Assets	963.47	1,103	1,040	987.82	972.34	964.16
Accounts Payable	42.49	3.23	4.32	3.81	4.66	4.98
Accrued Expenses	-	28.1	34.89	31.5	28.76	22.18
Insurance & Annuity Liabilities	334.01	51.69	52.59	57.17	67.88	54.02
Unpaid Claims	1.14	142.61	163.31	143.7	162.89	201.91
Unearned Premiums	-	164.78	142.45	131.75	136.69	131.34
Reinsurance Payable	-	57.82	16.18	33.91	20.89	33.46
Current Portion of Leases	-	0.05	0.05	0.05	-	-
Current Income Taxes Payable	0	0	0	0	0.02	0.02
Long-Term Leases	4.11	4.02	4.09	4.35	4.23	-
Other Current Liabilities	-	13.85	14.84	13.39	11.84	11.03
Other Long-Term Liabilities	-	1.07	2.46	4.34	1.28	0.52
Total Liabilities	389.54	475.21	442.24	430.28	445.05	470.12
Common Stock	255.28	255.28	255.28	255.28	255.28	255.28
Retained Earnings	274.57	325.78	283.65	255.22	253.44	228.11
Comprehensive Income & Other	44.08	46.7	58.44	47.04	18.57	10.65
Shareholders' Equity	573.93	627.76	597.37	557.54	527.29	494.04
Total Liabilities & Equity	963.47	1,103	1,040	987.82	972.34	964.16
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	4.11	4.07	4.14	4.4	4.23	-
Net Cash (Debt)	80.56	85.72	69.71	65.66	165.75	194.63
Net Cash Growth	-6.06%	22.96%	6.18%	-60.39%	-14.84%	222.62%
Net Cash Per Share	0.32	0.34	0.27	0.26	0.65	0.76
Book Value Per Share	2.25	2.46	2.34	2.18	2.07	1.94
Tangible Book Value	573.93	627.76	597.37	557.54	527.29	494.04
Tangible Book Value Per Share	2.25	2.46	2.34	2.18	2.07	1.94
Land	-	-	-	-	-	6.25
Buildings	-	-	-	-	-	15.05
Machinery	-	23.53	22.84	20.95	18.85	17.35
Construction In Progress	-	-	-	-	-	0.17

Updated Feb 19, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.