The Company for Cooperative Insurance (TADAWUL: 8010)

The Company for Cooperative Insurance Balance Sheet

Financials in millions SAR. 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	-	-	-	1,156	1,645	1,608
Investments in Equity & Preferred Securities	118.31	154.28	216.67	426.32	436.82	381.33
Other Investments	10,384	7,368	5,981	4,659	4,157	4,398
Total Investments	10,502	8,639	7,208	6,302	6,301	6,451
Cash & Equivalents	2,074	1,646	1,626	1,188	445.79	1,307
Reinsurance Recoverable	3,172	3,535	2,754	2,860	3,056	4,189
Other Receivables	3,411	3,690	3,064	3,185	3,365	1,460
Deferred Policy Acquisition Cost	-	-	-	127.95	134.72	120.85
Property, Plant & Equipment	369.57	310.86	255.57	236.97	191.85	206.55
Other Intangible Assets	54.26	10.03	13.44	16.63	7.71	3.97
Restricted Cash	149.98	585.98	157.98	125	125	125
Other Current Assets	1,172	-	-	676.46	788.99	251.63
Other Long-Term Assets	-	-	180.27	-	-	-
Total Assets	20,905	18,417	15,260	14,718	14,417	14,114
Accrued Expenses	1,052	210.48	149.98	219.76	262.3	209.19
Insurance & Annuity Liabilities	14,954	13,436	11,101	742.49	1,338	864.32
Unpaid Claims	-	-	-	4,171	4,066	5,610
Unearned Premiums	-	-	-	5,074	4,357	3,869
Reinsurance Payable	-	-	-	503.41	254.56	523.82
Current Portion of Leases	-	50.96	38.64	8.27	-	-
Short-Term Debt	-	-	-	-	402	-
Current Income Taxes Payable	431.41	858.72	617.57	685.74	614.47	333.08
Long-Term Leases	-	-	-	38.88	-	-
Other Current Liabilities	23.36	12.6	14.02	54.48	151.72	66.3
Other Long-Term Liabilities	-	98.06	81.29	39.53	26.68	8.69
Total Liabilities	16,606	14,795	12,128	11,679	11,607	11,615
Common Stock	1,500	1,500	1,250	1,250	1,250	1,250
Retained Earnings	2,793	2,115	1,873	1,657	1,490	1,097
Comprehensive Income & Other	7.55	7.29	9.46	132.42	69.28	152.93
Shareholders' Equity	4,299	3,622	3,133	3,039	2,809	2,500
Total Liabilities & Equity	20,905	18,417	15,260	14,718	14,417	14,114
Filing Date Shares Outstanding	149.95	150	150	150	150	150
Total Common Shares Outstanding	149.95	150	150	150	150	150
Total Debt	-	50.96	38.64	47.15	402	-
Net Cash (Debt)	2,074	1,595	1,588	1,141	43.8	1,307
Net Cash Growth	-19.98%	0.45%	39.12%	2505.53%	-96.65%	-18.35%
Net Cash Per Share	13.83	10.63	10.58	7.61	0.29	8.71
Book Value Per Share	28.67	24.15	20.88	20.26	18.73	16.66
Tangible Book Value	4,245	3,612	3,119	3,022	2,802	2,496
Tangible Book Value Per Share	28.31	24.08	20.79	20.15	18.68	16.64
Land	-	41.42	41.42	41.42	41.42	41.42
Buildings	-	181.93	148.9	148.9	148.9	148.9
Machinery	-	270.79	259.44	249.17	234.39	220.94
Construction In Progress	-	46.94	32.42	-	-	-

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