Muscat Insurance Company SAOG (MSM:MCTI)

MSM:MCTI Balance Sheet

Financials in millions OMR. 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	-	-	-	0.25	0.25	0.25
Other Investments	5.92	18.17	17.56	2.14	2.06	2.86
Total Investments	15.5	26.3	26.02	12.42	12.55	13.12
Cash & Equivalents	1.48	1.31	3.43	2.1	1.09	2.3
Reinsurance Recoverable	11.49	8.03	11.47	9.16	12.32	14.41
Other Receivables	1.67	1.11	0.96	1.24	3.77	3.35
Property, Plant & Equipment	0.96	0.96	1.04	1.1	1.25	1.38
Other Intangible Assets	0.02	0.01	0.03	0.05	0.08	0.08
Other Current Assets	3.74	-	-	3.81	2.54	2.45
Long-Term Deferred Tax Assets	0.62	0.64	0.52	0.46	0.34	0.33
Other Long-Term Assets	7.01	-	-	8	8.96	8.97
Total Assets	42.49	38.37	43.47	38.34	42.9	46.39
Accounts Payable	-	-	-	0.01	-	1.65
Accrued Expenses	-	-	-	2.59	-	1.61
Insurance & Annuity Liabilities	17.82	14.76	17.29	12.34	17.1	-
Unpaid Claims	-	-	-	-	-	11.73
Unearned Premiums	-	-	-	-	-	8.72
Reinsurance Payable	-	-	2.63	4.92	3.94	4.68
Current Portion of Leases	-	0.01	0.03	0.02	0.05	0.04
Current Income Taxes Payable	0.04	0.04	0.04	0.08	0.24	0.18
Long-Term Leases	0.04	-	-	-	0.01	0.01
Other Long-Term Liabilities	6.52	5.69	6	-	4.08	0.79
Total Liabilities	24.42	20.51	25.98	20.07	25.41	29.67
Common Stock	11.03	11.03	11.03	11.03	11.03	11.03
Additional Paid-In Capital	0.03	0.03	0.03	0.03	0.03	0.03
Retained Earnings	6.71	6.49	6.12	6.91	6.11	5.34
Comprehensive Income & Other	0.31	0.31	0.31	0.31	0.32	0.33
Shareholders' Equity	18.07	17.85	17.49	18.27	17.48	16.72
Total Liabilities & Equity	42.49	38.37	43.47	38.34	42.9	46.39
Filing Date Shares Outstanding	11.03	11.03	11.03	11.03	11.03	11.03
Total Common Shares Outstanding	11.03	11.03	11.03	11.03	11.03	11.03
Total Debt	0.04	0.01	0.03	0.02	0.06	0.05
Net Cash (Debt)	1.45	1.3	3.4	2.08	1.03	2.25
Net Cash Growth	-63.45%	-61.86%	63.18%	102.50%	-54.29%	-59.46%
Net Cash Per Share	0.13	0.12	0.31	0.19	0.09	0.20
Book Value Per Share	1.64	1.62	1.59	1.66	1.59	1.52
Tangible Book Value	18.05	17.84	17.46	18.22	17.4	16.64
Tangible Book Value Per Share	1.64	1.62	1.58	1.65	1.58	1.51
Land	0.16	-	-	0.16	-	-
Buildings	0.86	-	-	0.86	-	-
Machinery	1.27	-	-	1.17	-	-

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