Saudi Reinsurance Company (TADAWUL:8200)

Saudi Reinsurance Company 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	-	-	-	275.84	298.02	184.02
Investments in Equity & Preferred Securities	-	-	208.99	160.69	142	120.14
Other Investments	2,371	2,371	1,419	874.21	243.38	193.46
Total Investments	2,912	2,466	1,782	1,583	1,487	1,010
Cash & Equivalents	84.65	66.73	83.98	31.56	27.81	13.16
Reinsurance Recoverable	763.35	720.06	517.42	294.28	935.79	866.6
Other Receivables	1.23	22.31	22.06	22.08	285.38	352.84
Deferred Policy Acquisition Cost	-	-	-	-	168.6	149.4
Property, Plant & Equipment	29.62	29.55	30.52	36.38	37.16	33.63
Other Intangible Assets	6.06	6.16	6.61	-	-	-
Restricted Cash	115.83	95.83	93.03	89.1	89.1	81
Other Current Assets	2.78	11.21	42.35	85.42	74.12	287.72
Other Long-Term Assets	2.3	0.91	3.51	113.85	12.53	14.16
Total Assets	3,918	3,418	2,582	2,256	3,117	2,808
Accounts Payable	-	-	-	-	44.04	31.97
Accrued Expenses	21.57	30.03	43.51	31.74	23.38	21.28
Insurance & Annuity Liabilities	-	-	-	-	13.55	10.98
Unpaid Claims	-	-	-	-	1,210	1,068
Unearned Premiums	-	-	-	-	701.51	604.16
Reinsurance Payable	1,656	1,602	1,215	932.15	48.77	77.22
Current Income Taxes Payable	51.88	41.67	41.55	17.53	15.27	15.17
Long-Term Debt	56.8	56.8	56.8	56.8	56.8	23.12
Other Current Liabilities	29.76	43.56	56.25	99.4	21.16	21.06
Other Long-Term Liabilities	1.92	2.02	3.09	87.4	6.32	1.71
Total Liabilities	1,850	1,807	1,435	1,239	2,153	1,885
Common Stock	1,158	891	891	891	891	810
Retained Earnings	935.28	748.19	262.29	137.86	70.24	112.94
Comprehensive Income & Other	-25.13	-27.27	-6.47	-11.68	2.75	0.24
Shareholders' Equity	2,068	1,612	1,147	1,017	964	923.18
Total Liabilities & Equity	3,918	3,418	2,582	2,256	3,117	2,808
Filing Date Shares Outstanding	115.83	89.1	89.1	89.1	89.1	89.1
Total Common Shares Outstanding	115.83	89.1	89.1	89.1	89.1	89.1
Total Debt	56.8	56.8	56.8	56.8	56.8	23.12
Net Cash (Debt)	27.85	9.94	27.18	-25.24	-28.99	-9.96
Net Cash Growth	-	-63.45%	-	-	-	-
Net Cash Per Share	0.29	0.11	0.31	-0.28	-0.33	-0.11
Book Value Per Share	17.86	18.09	12.87	11.42	10.82	10.36
Tangible Book Value	2,062	1,606	1,140	1,017	964	923.18
Tangible Book Value Per Share	17.81	18.02	12.80	11.42	10.82	10.36
Land	-	18.33	18.33	18.33	18.33	18.33
Buildings	-	11.45	11.45	11.45	12.06	11.45
Machinery	-	14.32	12.84	22.77	23.53	22.12
Construction In Progress	-	0.21	0.78	5.85	5.27	1.46
Leasehold Improvements	-	0.98	0.98	0.98	0.98	0.98

Updated Nov 6, 2024. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.