Al-Etihad Cooperative Insurance Company (TADAWUL:8170)

TADAWUL:8170 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	69.78	67.27	49.61	8.07	45.52	46.84
Investments in Equity & Preferred Securities	-	-	-	-	93.54	90.87
Other Investments	793.49	895.72	1,287	852.11	501.62	403.52
Total Investments	1,023	1,119	1,503	1,066	640.67	541.23
Cash & Equivalents	123.13	106.07	77.37	189.87	535.5	451.72
Reinsurance Recoverable	122.34	121.67	111.67	121.78	124.14	132.17
Other Receivables	55.37	86.07	72.87	42.04	184.85	216.42
Deferred Policy Acquisition Cost	-	-	-	-	34.26	23.52
Property, Plant & Equipment	29.14	30.26	26.01	21.68	21.45	20.26
Goodwill	4.5	4.5	4.5	4.5	4.5	4.5
Restricted Cash	50	50	45	45	40	40
Other Current Assets	119.91	15.23	9.62	6.39	13.18	8.79
Long-Term Deferred Charges	-	-	-	-	23.62	16.15
Other Long-Term Assets	-	17.67	20.03	18.66	6.86	5.23
Total Assets	1,528	1,551	1,870	1,515	1,629	1,460
Accounts Payable	-	-	-	-	31.87	32.58
Accrued Expenses	63.68	11.08	34.52	30.03	52.49	31.15
Insurance & Annuity Liabilities	328.9	388.94	576.01	362.35	8.61	15.68
Unpaid Claims	377.25	366.78	517.27	455.97	366.84	334.49
Unearned Premiums	-	-	-	-	503.19	443.62
Reinsurance Payable	8.42	0.84	7.08	0.21	12.95	7.39
Current Income Taxes Payable	17.23	17.05	18.96	23.06	25.31	25.33
Long-Term Leases	6.8	6.73	5.85	7.34	3.14	3.66
Other Current Liabilities	-	25.41	16.55	74.27	20.49	15.53
Other Long-Term Liabilities	1.86	1.33	2.19	8.69	32.23	19.32
Total Liabilities	825.6	839.13	1,198	978.85	1,075	947.43
Common Stock	500	500	450	450	400	400
Retained Earnings	141.82	153.73	181.6	87.7	136.78	103.34
Comprehensive Income & Other	60.43	57.92	40.02	-1.09	17.59	9.21
Shareholders' Equity	702.25	711.66	671.62	536.61	554.36	512.56
Total Liabilities & Equity	1,528	1,551	1,870	1,515	1,629	1,460
Filing Date Shares Outstanding	50	50	50	50	50	50
Total Common Shares Outstanding	50	50	50	50	50	50
Total Debt	6.8	6.73	5.85	7.34	3.14	3.66
Net Cash (Debt)	116.33	99.34	71.53	182.53	532.36	448.06
Net Cash Growth	51.18%	38.88%	-60.81%	-65.71%	18.81%	17.34%
Net Cash Per Share	2.36	1.98	1.43	3.62	10.65	8.96
Book Value Per Share	14.04	14.23	13.43	10.73	11.09	10.25
Tangible Book Value	697.75	707.16	667.12	532.12	549.86	508.06
Tangible Book Value Per Share	13.96	14.14	13.34	10.64	11.00	10.16
Machinery	-	34.21	32.3	28.35	24.59	23.33
Construction In Progress	-	11.69	7.31	2.74	8.41	6.57
Leasehold Improvements	-	10.22	9.97	8.72	7.78	5.05

Updated Mar 10, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.