Gulf Insurance Group (TADAWUL:8250)

Gulf Insurance Group 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Debt Securities	-	-	-	1,212	1,207	975.91
Investments in Equity & Preferred Securities	-	-	-	39.7	68.17	60.53
Other Investments	2,101	2,134	2,074	559.27	887.13	797.28
Total Investments	2,219	2,210	2,148	1,874	2,163	1,834
Cash & Equivalents	111.02	155.91	228.79	334.59	89.52	331.04
Reinsurance Recoverable	234.79	198.63	349.72	168.3	244.71	199.81
Other Receivables	41.95	30.18	44.41	32.92	287.07	205.07
Deferred Policy Acquisition Cost	-	-	-	-	49.31	36.49
Property, Plant & Equipment	30.92	32.89	40.28	33.06	40	44.83
Goodwill	50	50	50	50	50	50
Other Intangible Assets	23.92	22.61	26.68	32.01	12.25	8.82
Restricted Cash	52.5	52.5	52.5	50	50	50
Other Current Assets	9.73	11.95	12.39	9.11	5.02	4.34
Long-Term Deferred Tax Assets	8.64	7.55	7.36	3.77	-	-
Other Long-Term Assets	0.5	0.5	0.49	-	0.5	2.11
Total Assets	2,783	2,773	2,960	2,587	2,991	2,766
Accounts Payable	-	12.17	0.57	12.31	26.02	46.94
Accrued Expenses	77.21	32.61	29.86	27.25	69.33	54.12
Insurance & Annuity Liabilities	1,391	1,408	1,636	1,452	39.1	34.25
Unpaid Claims	-	-	-	-	1,112	1,066
Unearned Premiums	-	-	-	-	551.34	526.57
Reinsurance Payable	6.71	1.35	0.32	1.84	68.93	41.07
Current Portion of Leases	-	4	4.59	2.47	2.41	2.38
Current Income Taxes Payable	83.46	78.6	84.55	65.88	58.81	50.16
Long-Term Leases	23.55	22.54	25.5	14.47	17	19.41
Other Current Liabilities	4.32	85.74	70.23	46.95	18.55	23.05
Other Long-Term Liabilities	-	8.91	16.31	-	-	0
Total Liabilities	1,617	1,683	1,896	1,648	1,995	1,895
Common Stock	525	525	525	500	500	500
Retained Earnings	596.86	564.61	546.16	467.73	465.57	326.72
Comprehensive Income & Other	44.29	0.35	-6.32	-28.7	30.45	44.19
Shareholders' Equity	1,166	1,090	1,065	939.03	996.02	870.9
Total Liabilities & Equity	2,783	2,773	2,960	2,587	2,991	2,766
Filing Date Shares Outstanding	52.5	52.5	52.5	52.5	52.5	52.5
Total Common Shares Outstanding	52.5	52.5	52.5	52.5	52.5	52.5
Total Debt	23.55	26.54	30.09	16.94	19.41	21.78
Net Cash (Debt)	87.47	129.37	198.7	317.65	70.11	309.26
Net Cash Growth	-43.64%	-34.89%	-37.45%	353.04%	-77.33%	46.86%
Net Cash Per Share	1.67	2.46	3.78	6.05	1.34	5.89
Book Value Per Share	22.21	20.76	20.28	17.89	18.97	16.59
Tangible Book Value	1,092	1,017	988.16	857.02	933.77	812.08
Tangible Book Value Per Share	20.80	19.38	18.82	16.32	17.79	15.47
Machinery	-	59.71	57.96	55.96	53.97	49.35

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.