Sukoon Insurance PJSC (DFM:SUKOON)

Sukoon Insurance PJSC Balance Sheet

Financials in millions AED. 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 Debt Securities	2,681	2,651	1,945	1,775	1,660	1,679
Investments in Equity & Preferred Securities	-	689.57	605.78	563.38	557.87	443.19
Other Investments	2,017	1,236	1,061	633.71	414.93	396.46
Total Investments	5,953	5,893	5,307	4,501	3,543	3,363
Cash & Equivalents	334.31	332.16	161.33	234.77	216.58	261.12
Reinsurance Recoverable	3,399	3,392	2,757	2,374	2,914	3,153
Other Receivables	306.39	415.67	207.02	169.55	398.7	346.15
Deferred Policy Acquisition Cost	-	-	-	-	150.38	154.77
Property, Plant & Equipment	117.2	122.24	130.49	127	49.41	48.6
Goodwill	-	-	-	-	4.01	8.36
Other Intangible Assets	44.3	44.3	44.3	-	79.12	75.76
Restricted Cash	198.06	197.59	195.53	184.09	172.45	171.98
Other Current Assets	25.14	25.62	24.29	21.43	33.09	24.21
Long-Term Deferred Tax Assets	4.85	3.06	2.48	2.62	4.59	1.65
Total Assets	10,383	10,426	8,830	7,614	7,565	7,608
Accrued Expenses	-	27.14	25.21	23.43	23.98	21.25
Insurance & Annuity Liabilities	5,136	5,205	4,245	3,619	717.25	695.05
Unpaid Claims	-	-	-	-	2,673	2,897
Unearned Premiums	-	-	-	-	1,423	1,381
Reinsurance Payable	26.31	12.59	12.59	5.05	326.23	348.07
Current Portion of Leases	-	5.11	4.09	4.09	4.93	5.29
Short-Term Debt	86	86	86	-	-	-
Long-Term Leases	-	14.02	20.7	18.73	22.39	27.33
Long-Term Deferred Tax Liabilities	4.91	10.02	3.99	-	-	-
Other Current Liabilities	-	1,166	666.38	357.21	105.76	122.45
Other Long-Term Liabilities	2,061	861.51	952.55	994.59	-	-
Total Liabilities	7,362	7,432	6,061	5,063	5,336	5,536
Common Stock	461.87	461.87	461.87	461.87	461.87	461.87
Retained Earnings	2,564	2,555	2,404	2,232	2,009	1,901
Comprehensive Income & Other	-17.57	-35.55	-111.92	-143.22	-242.47	-291.91
Total Common Equity	3,008	2,981	2,754	2,551	2,229	2,071
Minority Interest	12.96	12.68	15.01	-	-	0.85
Shareholders' Equity	3,021	2,994	2,769	2,551	2,229	2,072
Total Liabilities & Equity	10,383	10,426	8,830	7,614	7,565	7,608
Filing Date Shares Outstanding	461.87	461.87	461.87	461.87	461.87	461.87
Total Common Shares Outstanding	461.87	461.87	461.87	461.87	461.87	461.87
Total Debt	86	105.13	110.79	22.81	27.31	32.63
Net Cash (Debt)	248.31	227.03	50.54	211.96	189.27	228.5
Net Cash Growth	374.27%	349.22%	-76.16%	11.99%	-17.17%	63.33%
Net Cash Per Share	0.54	0.49	0.11	0.46	0.41	0.49
Book Value Per Share	6.51	6.45	5.96	5.52	4.83	4.48
Tangible Book Value	2,964	2,937	2,710	2,551	2,146	1,987
Tangible Book Value Per Share	6.42	6.36	5.87	5.52	4.65	4.30
Machinery	-	266.71	258.59	239.45	102.26	104.42
Construction In Progress	-	54.47	51.93	44.64	3.61	6.43
Leasehold Improvements	-	10.06	9.22	8.8	8.2	-

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