United Cooperative Assurance Company (TADAWUL: 8190)

United Cooperative Assurance 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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Investments in Debt Securities	-	130.11	229.22	223.39	261.01	164.21
Investments in Equity & Preferred Securities	-	-	-	6.69	6.58	6.61
Other Investments	303.4	143.46	39.7	20.45	43.43	43.63
Total Investments	303.65	273.82	292.81	250.53	311.02	214.44
Cash & Equivalents	113.1	122.28	83.96	87.77	61.74	257.65
Reinsurance Recoverable	26.68	13.83	161.26	250.34	384.39	318.51
Other Receivables	-	6.74	6.72	171.72	256.64	186.83
Deferred Policy Acquisition Cost	-	-	-	10.57	12.65	6.44
Property, Plant & Equipment	14.98	11.5	16.66	16.21	17.9	7.01
Goodwill	78.4	78.4	78.4	78.4	78.4	78.4
Other Intangible Assets	29.7	23.19	12.72	9.81	4.6	-
Restricted Cash	-	-	-	60	60	60
Other Current Assets	37.43	29.73	32.45	34.59	37.64	28.72
Long-Term Deferred Charges	-	-	-	3.04	2.54	1.54
Other Long-Term Assets	59.99	70.34	62.57	5.43	9.37	4.81
Total Assets	663.94	629.85	747.55	978.41	1,237	1,164
Accounts Payable	-	6.21	3.47	-	-	-
Accrued Expenses	35.98	10.16	2.09	38.92	29.99	19.12
Insurance & Annuity Liabilities	327.39	285.89	439.82	65.75	73.04	61.43
Unpaid Claims	-	-	-	268.13	243.61	259.16
Unearned Premiums	-	-	-	201.12	337.45	190.86
Reinsurance Payable	-	27.71	-	104.38	163.31	182.41
Current Portion of Leases	-	3.53	3.07	6.19	-	-
Current Income Taxes Payable	11.43	13.87	12.81	14.85	21.75	28.94
Long-Term Leases	2.14	0.25	2.77	-	6.4	-
Other Current Liabilities	5.43	5.54	17.69	15.99	15.98	36.01
Total Liabilities	393.75	364.69	491.4	725.36	901.82	787.41
Common Stock	400	400	400	400	400	400
Retained Earnings	-175.53	-180.56	-185.85	-149.75	-76.08	-32.2
Comprehensive Income & Other	45.72	45.72	42.01	2.8	11.14	9.15
Shareholders' Equity	270.19	265.16	256.15	253.05	335.06	376.95
Total Liabilities & Equity	663.94	629.85	747.55	978.41	1,237	1,164
Filing Date Shares Outstanding	27	40	40	40	40	40
Total Common Shares Outstanding	27	40	40	40	40	40
Total Debt	2.14	3.78	5.84	6.19	6.4	-
Net Cash (Debt)	110.96	118.5	78.12	81.58	55.34	257.65
Net Cash Growth	-4.78%	51.69%	-4.24%	47.42%	-78.52%	187.77%
Net Cash Per Share	2.79	2.91	1.96	2.04	1.38	6.44
Book Value Per Share	10.01	6.63	6.40	6.33	8.38	9.42
Tangible Book Value	162.09	163.56	165.04	164.84	252.07	298.55
Tangible Book Value Per Share	6.00	4.09	4.13	4.12	6.30	7.46
Machinery	-	31.65	30.37	29.68	28.63	26.96
Construction In Progress	-	4.25	5.83	1.2	1.11	-
Leasehold Improvements	-	8.83	9.41	9.35	7.75	5.5

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