The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company (TADAWUL:8030)

Smartsheet Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Debt Securities	-	-	-	-	251.09	388.3
Investments in Equity & Preferred Securities	10.47	9.9	12.16	54.86	211.18	51.52
Other Investments	1,106	729.83	782.81	679.19	261.97	179.3
Total Investments	1,117	1,091	1,137	1,038	724.24	619.13
Cash & Equivalents	687.48	390.59	270.87	327.79	477	338.67
Reinsurance Recoverable	345.73	416.03	692.49	701.74	1,133	1,002
Other Receivables	11.73	66.77	32.62	93.92	728.49	858.43
Deferred Policy Acquisition Cost	-	-	-	-	49.9	60.16
Property, Plant & Equipment	48.5	19.89	61.86	52.39	54.59	62.83
Goodwill	480	480	480	480	480	480
Other Intangible Assets	12.18	11.09	18.47	23.19	12.11	7.09
Restricted Cash	157.5	252.98	327.2	260.64	240.68	198.84
Other Current Assets	189.31	144.17	91.94	68.83	198.35	197.46
Long-Term Deferred Tax Assets	10.47	10.47	7.29	-	-	-
Long-Term Deferred Charges	-	-	-	-	21.01	17.66
Other Long-Term Assets	-	-	-	-	6.27	6.32
Total Assets	3,060	2,883	3,120	3,046	4,125	3,848
Accounts Payable	-	-	-	0.34	299.65	164.68
Accrued Expenses	78.42	114.19	68.64	53.95	242.2	154.86
Insurance & Annuity Liabilities	1,838	1,660	1,998	2,228	226.51	148.14
Unpaid Claims	-	-	-	-	1,207	1,300
Unearned Premiums	-	-	-	-	915.69	1,056
Reinsurance Payable	25.91	10.75	76.14	46	155.26	165.53
Current Portion of Leases	-	0.94	9.79	3.39	7.1	9.54
Current Income Taxes Payable	10.81	9.81	8.96	4.29	14.03	12.77
Long-Term Leases	23.23	1.14	1.09	0.24	1.43	7.06
Long-Term Deferred Tax Liabilities	-	-	-	3.19	2.44	1.44
Other Current Liabilities	-	17.53	14.7	-	10.38	44.68
Other Long-Term Liabilities	-	5.25	1.02	-	-	-
Total Liabilities	2,011	1,854	2,203	2,340	3,111	3,089
Common Stock	1,050	1,050	1,050	1,050	1,050	800
Additional Paid-In Capital	70	70	70	70	70	-
Retained Earnings	-110.83	-129	-230.99	-432.47	-121.48	-73.43
Comprehensive Income & Other	40.15	37.64	28.41	19.18	16.13	33.13
Shareholders' Equity	1,049	1,029	917.42	706.72	1,015	759.7
Total Liabilities & Equity	3,060	2,883	3,120	3,046	4,125	3,848
Filing Date Shares Outstanding	147	105	105	105	105	70
Total Common Shares Outstanding	147	105	105	105	105	70
Total Debt	23.23	2.08	10.88	3.63	8.53	16.6
Net Cash (Debt)	664.25	388.51	260	324.16	468.47	322.07
Net Cash Growth	60.34%	49.43%	-19.79%	-30.80%	45.46%	74.10%
Net Cash Per Share	6.27	3.70	2.48	3.09	4.46	4.60
Book Value Per Share	7.14	9.80	8.74	6.73	9.66	10.85
Tangible Book Value	557.14	537.55	418.95	203.53	522.54	272.6
Tangible Book Value Per Share	3.79	5.12	3.99	1.94	4.98	3.89
Land	-	-	30	30	30	30
Machinery	-	99.68	95.32	85.3	78.33	72.44
Leasehold Improvements	-	44.39	44.39	44.39	42.56	42.56

Updated Nov 10, 2024. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.