ADRIATIC osiguranje d.d. Balance Sheet

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Investments in Debt Securities	34.6	32.05	26.69	17.09	17.26	14.46
Investments in Equity & Preferred Securities	101.58	98.21	94.61	-	-	-
Other Investments	74.1	54.79	46.5	105.57	72.03	72.47
Total Investments	291.47	265.95	244.58	196.76	160.77	153.92
Cash & Equivalents	33.44	32.19	12.55	22.56	15.49	7.2
Reinsurance Recoverable	6.28	5.99	7.5	7.09	7.08	3.59
Other Receivables	48.98	46.81	56.12	54.25	112.7	101.72
Property, Plant & Equipment	58.37	56.16	54.02	57.13	56.94	50.23
Goodwill	4.34	1.59	1.63	4.47	4.54	4.59
Other Intangible Assets	0	0	0.03	0.13	0.11	0.08
Other Current Assets	-	-	-	0.09	4.05	3.82
Long-Term Deferred Tax Assets	6.84	6.84	6.82	7.24	4.39	2.78
Other Long-Term Assets	35.93	36.63	42.46	32.7	7.94	9.16
Total Assets	485.64	452.15	425.7	382.4	374	337.07
Accounts Payable	-	-	-	1.94	1.53	1.61
Accrued Expenses	1.47	0.52	0.84	5.82	4.8	3.44
Insurance & Annuity Liabilities	245.64	215.77	193.53	185.97	7.73	5.87
Unpaid Claims	-	-	-	-	87.69	71.49
Unearned Premiums	-	-	-	-	84.29	69.56
Reinsurance Payable	-	-	-	1.43	0.72	1.03
Current Portion of Long-Term Debt	-	-	-	1.16	1.96	2.96
Current Income Taxes Payable	-	0.13	-	0.08	-	1.25
Long-Term Debt	1	1.75	3.01	4.46	5.72	7.64
Long-Term Leases	-	-	-	2.4	2.57	2.59
Long-Term Deferred Tax Liabilities	17.99	16.11	15.54	13.05	13.71	12.84
Other Current Liabilities	0.02	0.02	0.02	1.19	2.43	2.14
Other Long-Term Liabilities	21.85	25.17	27.38	0.97	0.01	0.02
Total Liabilities	287.97	259.49	240.31	218.7	213.27	182.52
Common Stock	12.5	12.5	12.5	6.64	6.65	6.62
Retained Earnings	98.26	100.42	95.77	94.08	92.59	85.92
Comprehensive Income & Other	86.91	79.74	77.12	62.98	61.48	62.01
Shareholders' Equity	197.66	192.66	185.39	163.7	160.73	154.55
Total Liabilities & Equity	485.64	452.15	425.7	382.4	374	337.07
Filing Date Shares Outstanding	0.13	0.13	0.13	0.13	0.13	0.13
Total Common Shares Outstanding	0.13	0.13	0.13	0.13	0.13	0.13
Total Debt	1	1.75	3.01	8.03	10.26	13.19
Net Cash (Debt)	32.44	30.44	9.55	14.53	5.23	-5.99
Net Cash Growth	66.51%	218.92%	-34.30%	177.82%	-	-
Net Cash Per Share	259.54	243.54	76.36	116.23	41.84	-47.89
Book Value Per Share	1581.32	1541.28	1483.13	1309.58	1285.84	1236.42
Tangible Book Value	193.33	191.07	183.73	159.1	156.07	149.89
Tangible Book Value Per Share	1546.60	1528.59	1469.88	1272.77	1248.60	1199.09

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