Arabia Insurance Cooperative Company (TADAWUL:8160)

TADAWUL:8160 Balance Sheet

Financials in millions SAR. 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	133.76	80.3	105.29	107.01	96.02
Investments in Equity & Preferred Securities	72.53	43.48	39.7	1.92	1.92
Other Investments	479.12	581.78	221.13	89.56	69.98
Total Investments	685.4	705.56	366.13	198.49	167.92
Cash & Equivalents	67.78	57.72	79.12	85.34	149.33
Reinsurance Recoverable	789.27	844.69	797.33	136.45	103.36
Other Receivables	43.89	43.42	16.2	149.34	130.5
Deferred Policy Acquisition Cost	-	-	-	11.12	11.02
Property, Plant & Equipment	19.79	17.14	11.45	10.63	11.97
Restricted Cash	53	53	40	40	40
Other Current Assets	59.83	68.56	64.63	16.32	7.37
Long-Term Deferred Charges	7.07	9.84	8.68	2.78	2.49
Other Long-Term Assets	-	-	-	1.69	6.35
Total Assets	1,726	1,800	1,384	652.16	630.31
Accounts Payable	36.3	55.76	32.93	37.37	46.13
Accrued Expenses	1.39	2.77	2.28	1.65	2.61
Insurance & Annuity Liabilities	993.09	1,119	1,066	10.4	17.88
Unpaid Claims	-	-	-	157.46	140.87
Unearned Premiums	-	-	-	171.55	144.08
Reinsurance Payable	26.96	4.4	5.23	31.01	29.42
Current Portion of Leases	2.79	3.77	0.04	0.07	0.16
Current Income Taxes Payable	7.53	11.6	7.22	7.65	6.28
Long-Term Leases	3.02	1.38	1.2	2.67	4.75
Other Current Liabilities	18.13	17.61	8.96	2.25	3.16
Other Long-Term Liabilities	-	-	-	4.49	4.29
Total Liabilities	1,121	1,240	1,141	436.52	408.54
Common Stock	530	530	265	265	265
Retained Earnings	21.61	-12.32	-57.88	-49.5	-43.98
Comprehensive Income & Other	53.33	42.24	35.68	0.14	0.75
Shareholders' Equity	604.94	559.92	242.8	215.64	221.77
Total Liabilities & Equity	1,726	1,800	1,384	652.16	630.31
Filing Date Shares Outstanding	53	53	53	26.5	26.5
Total Common Shares Outstanding	53	53	26.5	26.5	26.5
Total Debt	5.81	5.14	1.24	2.74	4.91
Net Cash (Debt)	61.97	52.58	77.88	82.6	144.42
Net Cash Growth	17.87%	-32.49%	-5.71%	-42.80%	139.34%
Net Cash Per Share	1.17	0.99	2.66	3.12	5.45
Book Value Per Share	11.41	10.56	9.16	8.14	8.37
Tangible Book Value	604.94	559.92	242.8	215.64	221.77
Tangible Book Value Per Share	11.41	10.56	9.16	8.14	8.37
Machinery	46.16	39.5	34.73	29.27	25.85
Leasehold Improvements	4.82	4.82	4.47	4.19	4.17

Updated Mar 17, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.