Mutakamela Insurance Company (TADAWUL:8040)

TADAWUL:8040 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Debt Securities	659.32	602.78	680.07	576.25	536.23	387.53
Investments in Equity & Preferred Securities	68.1	65.73	49.64	45.45	6.4	6.33
Other Investments	118.5	118.5	50	9.04	10.32	10.62
Total Investments	845.92	833.67	858.9	630.74	552.95	404.48
Cash & Equivalents	61.29	78.67	126.19	194.59	160.98	325.05
Reinsurance Recoverable	305.79	353.52	398.38	425.87	706.82	736.27
Other Receivables	190.61	196.4	184.69	218.35	523.84	535.07
Deferred Policy Acquisition Cost	-	-	-	-	20.75	12.9
Separate Account Assets	474.2	484.07	500.98	487.05	515.23	524.06
Property, Plant & Equipment	8.02	8.51	7.7	11.27	8.81	13.26
Restricted Cash	60	60	60	60	60	60
Other Current Assets	96.26	6.81	9.85	12.33	14.63	11.95
Long-Term Deferred Tax Assets	0.24	0.24	4.29	7.05	7.67	5.83
Other Long-Term Assets	-	26.48	4.4	2.81	11.65	3.03
Total Assets	2,042	2,048	2,155	2,050	2,583	2,632
Accrued Expenses	37.48	20.56	23.82	23.78	46.22	85.77
Insurance & Annuity Liabilities	1,035	1,028	1,111	1,054	73.85	101.45
Unpaid Claims	-	-	-	-	618.69	698.03
Unearned Premiums	-	-	-	-	333.25	270.58
Reinsurance Payable	106.55	131.88	155.27	166.51	246.07	202.22
Current Portion of Leases	-	1.46	3.02	-	0.53	2.14
Current Income Taxes Payable	20.62	17.93	18.42	27.49	21.12	14.7
Long-Term Leases	3.16	1.7	-	6.09	0.46	1.22
Separate Account Liability	-	-	-	-	509.9	518.11
Other Current Liabilities	-	12.93	21.9	4.95	1.32	2.35
Other Long-Term Liabilities	2.23	2.23	1.93	2.38	1.58	1.57
Total Liabilities	1,223	1,235	1,355	1,304	1,872	1,917
Common Stock	600	600	600	600	600	600
Additional Paid-In Capital	16.31	16.31	16.31	16.31	16.31	16.31
Retained Earnings	153.36	147.56	132.39	95.4	74.04	68.42
Treasury Stock	-9.56	-9.56	-4.18	-	-	-
Comprehensive Income & Other	59.1	58.78	56.16	33.97	20.94	30.01
Shareholders' Equity	819.22	813.09	800.68	745.68	711.29	714.74
Total Liabilities & Equity	2,042	2,048	2,155	2,050	2,583	2,632
Filing Date Shares Outstanding	59.46	59.46	59.77	60	60	60
Total Common Shares Outstanding	59.46	59.46	59.77	60	60	60
Total Debt	3.16	3.16	3.02	6.09	1	3.36
Net Cash (Debt)	58.13	75.51	123.17	188.5	159.98	321.68
Net Cash Growth	-56.44%	-38.69%	-34.66%	17.82%	-50.27%	124.83%
Net Cash Per Share	0.98	1.27	2.06	3.14	2.67	9.95
Book Value Per Share	13.78	13.68	13.40	12.43	11.85	11.91
Tangible Book Value	819.22	813.09	800.68	745.68	711.29	714.74
Tangible Book Value Per Share	13.78	13.68	13.40	12.43	11.85	11.91
Machinery	-	43.38	38.01	34.84	31.95	30.65
Leasehold Improvements	-	2.08	2.08	1.93	1.92	1.58

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.