Al Rajhi Company for Cooperative Insurance (TADAWUL:8230)

TADAWUL:8230 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 Equity & Preferred Securities	250.65	254.73	459.21	429.93	435.28	326.45
Other Investments	2,169	2,357	2,460	1,928	1,890	1,379
Total Investments	3,819	3,945	3,447	2,861	2,852	2,239
Cash & Equivalents	674.62	685.78	900.44	559.09	458.81	852.65
Reinsurance Recoverable	687.35	674.67	646.12	352.98	528.39	346.51
Other Receivables	7,574	6,349	1,385	273.85	419.58	567.22
Deferred Policy Acquisition Cost	-	-	-	-	109.94	87.59
Property, Plant & Equipment	73.97	73	80.98	117.49	130.05	129.47
Other Intangible Assets	191.89	165.52	69.76	11.93	8.9	14.48
Restricted Cash	99.97	99.97	104.68	39.97	39.97	39.97
Other Current Assets	112.78	79.4	161.35	88.44	88.66	68.28
Other Long-Term Assets	-	14.91	29.2	26.59	5.27	14.89
Total Assets	13,234	12,087	6,824	4,331	4,641	4,360
Accrued Expenses	4.56	62.1	47.7	35.12	94	97.1
Insurance & Annuity Liabilities	10,786	9,765	4,660	2,793	112.93	123.27
Unpaid Claims	-	-	-	-	1,366	1,251
Unearned Premiums	-	-	-	-	1,189	1,220
Reinsurance Payable	9.48	15.48	196.36	5.33	179.53	177.44
Current Portion of Leases	-	7.03	5.8	6.89	-	-
Current Income Taxes Payable	40.5	36.26	94.88	76.26	94.38	99.48
Long-Term Leases	38.59	31.77	35.68	42.34	54.48	42.71
Separate Account Liability	-	-	-	-	217.61	141.09
Other Current Liabilities	-	21.45	17.91	13.33	-	-
Other Long-Term Liabilities	154.12	34.51	13.41	8.32	38.25	67.96
Total Liabilities	11,067	10,007	5,101	3,004	3,371	3,248
Common Stock	1,000	1,000	1,000	400	400	400
Retained Earnings	1,099	1,008	630.65	902.59	773.74	675.27
Comprehensive Income & Other	68.6	72.69	92.14	24.77	96.68	37.12
Shareholders' Equity	2,167	2,080	1,723	1,327	1,270	1,112
Total Liabilities & Equity	13,234	12,087	6,824	4,331	4,641	4,360
Filing Date Shares Outstanding	100	100	100	100	100	100
Total Common Shares Outstanding	100	100	100	100	100	100
Total Debt	38.59	38.79	41.48	49.22	54.48	42.71
Net Cash (Debt)	636.03	646.99	858.96	509.87	404.32	809.94
Net Cash Growth	1.13%	-24.68%	68.47%	26.10%	-50.08%	79.36%
Net Cash Per Share	6.36	6.47	8.59	5.10	4.04	8.10
Book Value Per Share	21.67	20.80	17.23	13.27	12.70	11.12
Tangible Book Value	1,975	1,915	1,653	1,315	1,262	1,098
Tangible Book Value Per Share	19.75	19.15	16.53	13.15	12.62	10.98
Machinery	-	81.8	72.23	61.19	55.81	81.73

Updated Mar 9, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.