NIC Holdings Limited (UGSE:NIC)

NIC Holdings Balance Sheet

Financials in millions UGX. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Investments in Debt Securities	-	3,649	4,680	5,024	8,749	6,905
Policy Loans	-	-	-	-	45.62	37.72
Other Investments	12,043	9,138	11,760	12,711	21,158	8,158
Total Investments	56,291	56,624	74,151	76,042	87,872	70,034
Cash & Equivalents	3,030	2,391	1,056	2,468	1,133	608.2
Reinsurance Recoverable	2,882	1,469	-	843.89	90.9	9,138
Other Receivables	5,695	5,868	2,197	2,325	2,795	10,734
Deferred Policy Acquisition Cost	-	-	-	-	-	1,882
Property, Plant & Equipment	12,405	12,859	12,679	13,404	12,517	11,494
Other Intangible Assets	301.04	301.04	-	62.03	95.36	126.62
Restricted Cash	1,656	1,361	1,200	1,208	1,301	1,209
Other Current Assets	-	410.67	154.65	213.62	597.21	810.13
Total Assets	82,260	81,284	91,437	96,567	106,402	106,036

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accrued Expenses	-	7,024	8,608	5,858	8,307	7,342
Insurance & Annuity Liabilities	12,614	1,466	2,542	3,882	4,290	4,260
Unpaid Claims	-	7,873	4,262	11,174	9,003	2,171
Unearned Premiums	-	-	-	-	-	14,197
Reinsurance Payable	-	-	1,236	402.24	526.85	7,685
Current Portion of Long-Term Debt	-	2,106	2,754	5,022	3,675	-
Current Portion of Leases	-	305.38	305.38	524.12	524.12	361.51
Short-Term Debt	-	-	3,500	517.17	-	-
Current Income Taxes Payable	4,668	4,599	4,903	4,640	4,623	5,689
Long-Term Debt	2,274	-	-	-	7,510	-
Long-Term Leases	-	403.04	192.67	468.74	652.61	329.6
Long-Term Deferred Tax Liabilities	911.54	1,150	2,067	2,609	3,104	4,042
Other Current Liabilities	1,325	1,336	1,344	1,349	593.99	1,897
Other Long-Term Liabilities	20,427	14,562	18,020	19,229	19,395	19,317
Total Liabilities	42,218	40,824	49,734	55,676	62,205	67,290

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	10,618	10,618	10,618	10,618	10,618	7,079
Additional Paid-In Capital	67.42	67.42	67.42	67.42	67.42	3,607
Retained Earnings	26,060	26,478	27,999	27,388	29,185	24,761
Comprehensive Income & Other	3,297	3,297	3,018	2,817	4,327	3,299
Shareholders' Equity	40,042	40,460	41,702	40,891	44,197	38,745
Total Liabilities & Equity	82,260	81,284	91,437	96,567	106,402	106,036

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Filing Date Shares Outstanding	2,124	2,124	2,124	2,124	2,124	2,124
Total Common Shares Outstanding	2,124	2,124	2,124	2,124	2,124	2,124
Total Debt	2,274	2,815	6,752	6,532	12,361	691.11
Net Cash (Debt)	756.83	-423.56	-5,696	-4,064	-11,228	-82.92
Net Cash Growth	-91.29%	-	-	-	-	-
Net Cash Per Share	0.36	-0.20	-2.63	-1.91	-5.29	-0.04
Book Value Per Share	18.86	19.05	19.64	19.25	20.81	18.24
Tangible Book Value	39,741	40,159	41,702	40,829	44,102	38,619
Tangible Book Value Per Share	18.71	18.91	19.64	19.23	20.77	18.18
Land	-	4,954	4,935	4,935	4,935	4,606
Buildings	-	6,495	6,425	6,425	6,110	5,734
Machinery	-	4,130	4,106	4,172	3,151	3,110

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Oct 15, 2026

Data Sources Report a data error