Walaa Cooperative Insurance Company (TADAWUL:8060)

TADAWUL:8060 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	698.25	709.69	545.04	509.94	312.32	224.4
Investments in Equity & Preferred Securities	145.49	140.47	86.93	-	374.55	291.39
Other Investments	1,316	1,243	1,335	968.14	301.66	267.27
Total Investments	2,660	2,631	2,451	1,844	1,075	783.06
Cash & Equivalents	563.96	962.27	512.41	534.21	325.06	687.3
Reinsurance Recoverable	861.34	741.13	789.77	801.39	1,184	728.61
Other Receivables	61.2	26.63	54.63	46.49	572.05	427.51
Deferred Policy Acquisition Cost	-	-	-	-	36.48	25.36
Separate Account Assets	-	0.16	0.11	-	-	-
Property, Plant & Equipment	78.63	74.14	35.48	32.06	30.97	14.24
Goodwill	24.42	24.42	24.42	24.42	24.42	24.42
Other Intangible Assets	114.45	116.46	121.57	96.98	37.71	34.72
Restricted Cash	127.56	127.56	85.06	85.06	64.64	64.64
Other Current Assets	77.6	61.79	32.35	123.01	97.4	90.24
Total Assets	4,569	4,766	4,107	3,588	3,447	2,880
Accounts Payable	66.07	72.98	96.28	115.63	85.14	46.3
Accrued Expenses	34.77	47.08	46.9	76.86	77.68	70.67
Insurance & Annuity Liabilities	2,020	2,132	2,032	2,121	132.75	138.96
Unpaid Claims	-	-	-	-	794.48	439.27
Unearned Premiums	-	-	-	-	1,105	836.45
Reinsurance Payable	4.01	3.3	-	3.26	342.73	241.46
Current Portion of Leases	-	6.71	1.66	-	-	1.13
Current Income Taxes Payable	47.96	42.96	46.28	45.23	31.21	28.86
Long-Term Leases	16.6	14.83	1.09	5.89	5.57	1.81
Separate Account Liability	532.41	543.96	552.25	-	-	-
Other Current Liabilities	48.05	40.27	28.71	73.66	12.91	19.89
Other Long-Term Liabilities	-	-	-	3.28	26.76	118.36
Total Liabilities	2,808	2,942	2,839	2,471	2,637	1,965
Common Stock	1,276	1,276	850.58	850.58	646.4	646.4
Additional Paid-In Capital	228.28	228.28	193.12	193.12	103.28	103.28
Retained Earnings	142.62	210.57	146.27	-1.71	22.58	144.63
Comprehensive Income & Other	114.6	109.59	78.49	74.45	38.38	20.93
Shareholders' Equity	1,761	1,824	1,268	1,116	810.63	915.23
Total Liabilities & Equity	4,569	4,766	4,107	3,588	3,447	2,880
Filing Date Shares Outstanding	127.56	127.56	85.06	85.06	64.64	64.64
Total Common Shares Outstanding	127.56	127.56	85.06	85.06	64.64	64.64
Total Debt	16.6	21.53	2.75	5.89	5.57	2.94
Net Cash (Debt)	547.36	940.73	509.66	528.32	319.49	684.36
Net Cash Growth	133.95%	84.58%	-3.53%	65.36%	-53.32%	23.29%
Net Cash Per Share	4.81	9.13	5.99	7.68	4.94	10.91
Book Value Per Share	13.81	14.30	14.91	13.13	12.54	14.16
Tangible Book Value	1,622	1,683	1,122	995.05	748.5	856.1
Tangible Book Value Per Share	12.72	13.20	13.20	11.70	11.58	13.24
Land	35.46	35.46	16.4	16.4	16.4	-
Machinery	67.44	59.38	57.05	47.44	42.23	41.63

Updated Nov 9, 2024. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.