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	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Debt Securities	72.51	35.28	-	-	-
Investments in Equity & Preferred Securities	172.32	189.66	171.82	127.38	142.2
Other Investments	205.1	169.7	181.05	90.1	0.1
Total Investments	684.22	636.54	600.1	498.11	376.33
Cash & Equivalents	89.79	73.85	70.05	169.98	194.63
Reinsurance Recoverable	210.59	217.17	195.88	203.57	250.5
Other Receivables	64.49	57.37	65.2	-13.2	65.37
Property, Plant & Equipment	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	1.95	-	-	-	-
Total Assets	1,103	1,040	987.82	972.34	964.16
Accounts Payable	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	51.69	52.59	57.17	67.88	54.02
Unpaid Claims	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	0.02	0.02
Long-Term Leases	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	475.21	442.24	430.28	445.05	470.12
Common Stock	255.28	255.28	255.28	255.28	255.28
Retained Earnings	325.78	283.65	255.22	253.44	228.11
Comprehensive Income & Other	46.7	58.44	47.04	18.57	10.65
Shareholders' Equity	627.76	597.37	557.54	527.29	494.04
Total Liabilities & Equity	1,103	1,040	987.82	972.34	964.16
Filing Date Shares Outstanding	255.28	255.28	255.28	255.28	255.28
Total Common Shares Outstanding	255.28	255.28	255.28	255.28	255.28
Total Debt	4.07	4.14	4.4	4.23	-
Net Cash (Debt)	85.72	69.71	65.66	165.75	194.63
Net Cash Growth	22.96%	6.18%	-60.39%	-14.84%	222.62%
Net Cash Per Share	0.34	0.27	0.26	0.65	0.76
Book Value Per Share	2.46	2.34	2.18	2.07	1.94
Tangible Book Value	627.76	597.37	557.54	527.29	494.04
Tangible Book Value Per Share	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.