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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Investments in Debt Securities	130.1	130.11	229.22	223.39	261.01	164.21
Investments in Equity & Preferred Securities	-	-	-	6.69	6.58	6.61
Other Investments	165.56	143.46	39.7	20.45	43.43	43.63
Total Investments	295.91	273.82	292.81	250.53	311.02	214.44
Cash & Equivalents	209.97	122.28	83.96	87.77	61.74	257.65
Reinsurance Recoverable	13.88	13.83	161.26	250.34	384.39	318.51
Other Receivables	4.64	6.74	6.72	171.72	256.64	186.83
Deferred Policy Acquisition Cost	-	-	-	10.57	12.65	6.44
Property, Plant & Equipment	14.35	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	28.71	23.19	12.72	9.81	4.6	-
Restricted Cash	-	-	-	60	60	60
Other Current Assets	46.48	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	752.33	629.85	747.55	978.41	1,237	1,164
Accounts Payable	-	6.21	3.47	-	-	-
Accrued Expenses	16.96	10.16	2.09	38.92	29.99	19.12
Insurance & Annuity Liabilities	436.15	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	10.93	13.87	12.81	14.85	21.75	28.94
Long-Term Leases	3.06	0.25	2.77	-	6.4	-
Other Current Liabilities	2.92	5.54	17.69	15.99	15.98	36.01
Total Liabilities	481.87	364.69	491.4	725.36	901.82	787.41
Common Stock	400	400	400	400	400	400
Retained Earnings	-175.26	-180.56	-185.85	-149.75	-76.08	-32.2
Comprensive Income & Other	45.72	45.72	42.01	2.8	11.14	9.15
Shareholders' Equity	270.46	265.16	256.15	253.05	335.06	376.95
Total Liabilities & Equity	752.33	629.85	747.55	978.41	1,237	1,164
Filing Date Shares Outstanding	40	40	40	40	40	40
Total Common Shares Outstanding	40	40	40	40	40	40
Total Debt	3.06	3.78	5.84	6.19	6.4	-
Net Cash (Debt)	206.91	118.5	78.12	81.58	55.34	257.65
Net Cash Growth	118.83%	51.69%	-4.24%	47.42%	-78.52%	187.77%
Net Cash Per Share	5.08	2.91	1.96	2.04	1.38	6.44
Book Value Per Share	6.76	6.63	6.40	6.33	8.38	9.42
Tangible Book Value	163.35	163.56	165.04	164.84	252.07	298.55
Tangible Book Value Per Share	4.08	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.