Al Sagr Cooperative Insurance Company (TADAWUL: 8180)

Al Sagr Cooperative Insurance Company Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Investments in Debt Securities	-	-	-	-	-	110
Investments in Equity & Preferred Securities	43.48	43.48	39.7	30.57	44.09	39.09
Other Investments	199.37	203.21	127	86.25	86.25	221.38
Total Investments	287.83	297.08	217.06	174.01	230.8	468.59
Cash & Equivalents	153.66	155.75	222.97	288.22	343.34	255.1
Reinsurance Recoverable	14.97	37.48	33.93	70.99	77.57	109.14
Other Receivables	9.22	17.49	28.14	107.63	64.34	106
Deferred Policy Acquisition Cost	-	-	-	12.52	9.03	11.86
Property, Plant & Equipment	4.31	5.11	7.94	9.62	3.98	4.14
Goodwill	25.51	25.51	25.51	25.51	25.51	25.51
Other Intangible Assets	4.96	5.11	6.05	5.72	1.86	1.6
Restricted Cash	21	21	21	40	40	40
Other Current Assets	16.94	7.68	3.61	3.38	2.62	4.04
Long-Term Deferred Charges	-	-	-	13.86	3.81	3
Other Long-Term Assets	-	1.74	1.69	2.32	1.13	0.6
Total Assets	538.4	573.96	567.9	753.78	804	1,030
Accounts Payable	-	3.14	10.04	5.86	7.79	5.42
Accrued Expenses	14.92	9.13	19.42	35.41	25.87	28.36
Insurance & Annuity Liabilities	248.19	306.42	323.26	43.04	57.11	65.99
Unpaid Claims	-	-	-	131.59	182.67	232.87
Unearned Premiums	-	-	-	249.28	174.62	232.93
Reinsurance Payable	13.26	1.75	2.63	17.93	3.23	5.82
Current Portion of Leases	-	1	1.85	1.76	-	-
Current Income Taxes Payable	33.9	40.19	42.65	42.65	46.86	45.73
Long-Term Leases	0.97	0.44	0.77	2.04	-	-
Other Current Liabilities	1.49	1.49	1.49	1.53	8.29	7.36
Other Long-Term Liabilities	-	3.13	4.3	-	-	-
Total Liabilities	322.27	375.76	414.44	540.51	516.22	634.14
Common Stock	140	140	140	400	400	400
Retained Earnings	30.99	13.05	-29.25	-197.04	-122.57	-10.09
Comprensive Income & Other	45.14	45.14	42.7	10.32	10.35	5.54
Shareholders' Equity	216.13	198.2	153.46	213.28	287.78	395.45
Total Liabilities & Equity	538.4	573.96	567.9	753.78	804	1,030
Filing Date Shares Outstanding	21.24	14	14	14	14	14
Total Common Shares Outstanding	21.24	14	14	14	14	14
Total Debt	0.97	1.44	2.62	3.81	-	-
Net Cash (Debt)	152.69	154.31	220.35	284.41	343.34	255.1
Net Cash Growth	-16.39%	-29.97%	-22.52%	-17.16%	34.59%	-10.96%
Net Cash Per Share	8.67	11.02	15.74	20.32	24.52	18.22
Book Value Per Share	10.18	14.16	10.96	15.23	20.56	28.25
Tangible Book Value	185.66	167.57	121.89	182.04	260.41	368.34
Tangible Book Value Per Share	8.74	11.97	8.71	13.00	18.60	26.31
Machinery	-	13.37	13.35	11.72	10.85	9.85
Leasehold Improvements	-	5.7	5.7	5.57	4.45	4.36

Source: S&P Capital IQ. Insurance template. Financial Sources.