Wataniya Insurance Company (TADAWUL: 8300)

Wataniya Insurance 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	16.09	9.04	9.05	12	3	-
Investments in Equity & Preferred Securities	43.46	43.46	39.65	1.92	1.92	1.92
Other Investments	1,075	824.86	350.63	191.37	242.25	-
Total Investments	1,423	1,101	607.37	371.25	409.2	112.57
Cash & Equivalents	19.95	22.73	70.85	42.13	80.73	354.71
Reinsurance Recoverable	568.87	631.92	540.26	523.91	786.11	833.55
Other Receivables	32.58	14.31	11.07	272.99	200.43	161.35
Deferred Policy Acquisition Cost	-	-	-	38.79	32.3	23.77
Property, Plant & Equipment	13.39	11.57	17.32	17.4	12.37	11.27
Other Intangible Assets	33.04	36.05	40.1	44.14	38.11	35.96
Restricted Cash	39.95	39.97	40	20	20	20
Other Current Assets	-	7.08	7	5.57	3.48	4.19
Long-Term Deferred Charges	-	-	-	4.44	6.76	4.45
Other Long-Term Assets	-	-	-	6.61	5.24	3.88
Total Assets	2,131	1,864	1,334	1,347	1,595	1,566
Accrued Expenses	50.2	32.95	28.58	75.34	68.88	60.55
Insurance & Annuity Liabilities	1,474	1,296	874.24	17.18	20.29	18.77
Unpaid Claims	-	-	-	479.71	766.12	865.99
Unearned Premiums	-	-	-	421.88	360.02	285.22
Reinsurance Payable	6.56	4.01	-	110.79	78.68	50.18
Current Income Taxes Payable	13.81	12.6	6.72	3.87	6.6	5.85
Other Current Liabilities	-	5.35	4.26	7.6	6.09	3.61
Other Long-Term Liabilities	3.84	7.76	5.69	6.82	8.36	5.18
Total Liabilities	1,572	1,376	933.93	1,136	1,329	1,307
Common Stock	400	400	400	200	200	200
Retained Earnings	117.58	46.74	-37.69	11.2	65.83	58.27
Comprehensive Income & Other	41.54	41.54	37.73	-	-	-
Shareholders' Equity	559.12	488.28	400.04	211.2	265.83	258.27
Total Liabilities & Equity	2,131	1,864	1,334	1,347	1,595	1,566
Filing Date Shares Outstanding	40	40	40	20	20	20
Total Common Shares Outstanding	40	40	40	20	20	20
Net Cash (Debt)	15.33	22.73	70.85	42.13	80.73	354.71
Net Cash Growth	-65.70%	-67.92%	68.17%	-47.82%	-77.24%	9.46%
Net Cash Per Share	0.38	0.57	1.90	2.10	4.02	17.70
Book Value Per Share	13.98	12.21	10.00	10.56	13.29	12.91
Tangible Book Value	526.08	452.23	359.94	167.06	227.72	222.31
Tangible Book Value Per Share	13.15	11.31	9.00	8.35	11.39	11.12
Machinery	-	24.44	29.52	20.67	30.32	25.98
Construction In Progress	-	-	0.92	5.57	-	-

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