National Insurance Company (Palestine) (PEX:NIC)

PEX:NIC Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Debt Securities	8.83	9.37	10.41	14.22	19.87	20.86
Investments in Equity & Preferred Securities	2.01	10.84	3.3	2.51	4.87	4.75
Other Investments	20.9	11.53	12.7	7.34	2.14	4.17
Total Investments	64.3	63.37	67.28	66.18	58.66	58.47
Cash & Equivalents	5.88	7.07	6.34	8.73	14.91	17.09
Reinsurance Recoverable	26.54	30.94	23.1	8.36	11.64	12.35
Other Receivables	2.29	0.74	0.62	1.63	37.85	36.68
Property, Plant & Equipment	4.59	4.75	5.14	5.71	5.43	5.09
Other Intangible Assets	-	0.12	0.17	-	0.07	0.1
Restricted Cash	-	-	-	3.93	-	-
Other Current Assets	2.9	1.03	1.48	0.18	1.45	0.35
Long-Term Deferred Tax Assets	3.59	3.38	3.18	2.95	3	2.54
Other Long-Term Assets	3.51	3.57	3.62	-	6.33	1.49
Total Assets	113.6	114.98	110.94	97.66	139.33	134.15
Accounts Payable	3.09	2.21	0.63	0.67	6.9	6.29
Accrued Expenses	1.59	5.48	3.7	2.96	1.26	2.67
Insurance & Annuity Liabilities	49.83	55.04	51.58	37.37	0.01	0.01
Unpaid Claims	-	-	-	-	49.52	43.8
Unearned Premiums	-	-	-	-	22.03	20.34
Reinsurance Payable	0.04	0.02	0.03	0.03	2.57	3.14
Current Portion of Leases	0.16	0.15	0.14	0.12	0.12	0.11
Current Income Taxes Payable	-	2.31	1.77	0.81	-	1.49
Long-Term Leases	0.54	0.58	0.7	0.8	0.93	1.02
Long-Term Deferred Tax Liabilities	2.12	2.12	1.98	1.82	1.56	1.43
Other Current Liabilities	8.46	0.2	1.88	1.26	2.41	2.16
Total Liabilities	70.14	72.4	66.96	50.44	92.62	87.19
Common Stock	18.5	18.5	17.25	17.25	17.25	15
Retained Earnings	30.36	27.68	26.6	29.2	27.79	30.39
Treasury Stock	-0.27	-0.27	-0.25	-0.15	-	-
Comprehensive Income & Other	-5.13	-3.33	-1.28	-0.98	-0.09	-0.15
Total Common Equity	43.46	42.58	42.32	45.32	44.95	45.25
Minority Interest	-	-	1.66	1.89	1.76	1.72
Shareholders' Equity	43.46	42.58	43.98	47.22	46.71	46.96
Total Liabilities & Equity	113.6	114.98	110.94	97.66	139.33	134.15
Filing Date Shares Outstanding	17.85	18.42	18.47	18.5	18.5	18.5
Total Common Shares Outstanding	17.85	18.42	18.47	18.5	18.5	18.5
Total Debt	0.7	0.73	0.84	0.92	1.06	1.13
Net Cash (Debt)	5.18	6.35	5.5	7.81	13.85	15.95
Net Cash Growth	25.90%	15.38%	-29.55%	-43.63%	-13.20%	-20.37%
Net Cash Per Share	0.29	0.34	0.30	0.42	0.75	0.86
Book Value Per Share	2.44	2.31	2.29	2.45	2.43	2.45
Tangible Book Value	43.46	42.46	42.15	45.32	44.88	45.15
Tangible Book Value Per Share	2.44	2.30	2.28	2.45	2.43	2.44
Buildings	-	1.01	1.01	6.33	5.32	5.13
Machinery	-	3.82	3.78	4.02	3.69	3.71
Construction In Progress	-	-	-	-	0.62	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.