MALATH INSURANCE

Malath Cooperative Insurance Co.

8020StocksTadawulInsurance

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (SAR)

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Assets
Cash & Equivalents	194.20M	172.98M	110.57M	336.53M	479.38M
Total Assets	1.22B	1.20B	0.92B	1.02B	1.35B
Investment Securities	—	—	—	—	19.72M
Reinsurance Recoverable	140.53M	130.48M	107.59M	126.76M	138.11M
Liabilities
Total Liabilities	760.09M	766.86M	534.05M	666.11M	983.14M
Insurance Liabilities	659.25M	653.35M	433.52M	570.29M	33.85M
Unearned Premiums	—	—	—	—	430.57M
Unpaid Claims	—	—	—	—	350.57M
Equity & Ownership
Deferred Policy Acquisition Cost	—	—	—	—	25.62M
Total Equity	462.33M	432.78M	390.09M	354.02M	371.58M
Shares Outstanding	50,000,000	50,000,000	50,000,000	50,000,000	50,000,000
Cash & Assets
Total Assets	1.22B	1.20B	0.92B	1.02B	1.35B
Cash & Equivalents	194.20M	172.98M	110.57M	336.53M	479.38M
Net Cash (Debt)	193.97M	172.27M	109.02M	334.80M	479.38M
Net Cash Per Share	3.88	3.45	2.18	6.70	9.59
Net Cash Growth	+12.6%	+58.0%	-67.4%	-30.2%	-14.4%
Other Receivables Insurance	107.07M	18.40M	39.79M	28.02M	211.34M
Restricted Cash	75.00M	74.99M	74.99M	74.99M	75.00M
Machinery	30.67M	30.11M	29.35M	28.58M	23.31M
Leasehold Improvements	17.03M	17.03M	17.03M	16.95M	16.74M
Property, Plant & Equipment	2.42M	3.72M	6.04M	6.17M	4.57M
Other Intangibles Insurance	—	—	—	—	281.00K
Deferred Policy Acquisition Cost	—	—	—	—	25.62M
Other Current Assets Insurance	2.30M	3.11M	4.33M	5.03M	55.21M
Other Long Term Assets Insurance	16.41M	67.70M	64.94M	67.14M	34.40M
Long-Term Leases	0.23M	0.70M	1.55M	1.73M	—
Long-Term Deferred Charges	—	—	7.39M	5.80M	20.35M
Loans & Investments
Investment Debt Securities	—	—	—	—	19.72M
Investment Equity Preferred	2.89M	4.39M	4.17M	43.12M	81.08M
Other Investments	490.93M	589.30M	377.91M	163.17M	209.66M
Reinsurance Recoverable	140.53M	130.48M	107.59M	126.76M	138.11M
Total Investments	684.51M	728.27M	508.51M	369.69M	310.46M
Liabilities & Obligations
Total Liabilities & Equity	1.22B	1.20B	0.92B	1.02B	1.35B
Accounts Payable Insurance	—	—	1.76M	5.41M	5.91M
Accrued Expenses	33.06M	42.80M	35.18M	27.22M	25.77M
Current Income Taxes Payable	24.66M	23.66M	30.59M	23.63M	17.25M
Other Current Liabilities Insurance	—	—	—	—	31.36M
Other Long Term Liabilities Insurance	7.68M	17.11M	5.44M	20.68M	41.89M
Reinsurance Payable	3.04M	—	2.27M	—	25.81M
Unearned Premiums	—	—	—	—	430.57M
Unpaid Claims	—	—	—	—	350.57M
Insurance Annuity Liabilities	659.25M	653.35M	433.52M	570.29M	33.85M
Debt & Funding
Total Debt	0.23M	0.70M	1.55M	1.73M	—
Equity & Book Value
Shareholders' Equity	462.33M	432.78M	390.09M	354.02M	371.58M
Common Stock	500.00M	500.00M	500.00M	500.00M	500.00M
Retained Earnings	-84.23M	-105.93M	-132.82M	-171.01M	-118.28M
Comprehensive Income & Other	46.56M	38.70M	22.91M	25.02M	-10.15M
Book Value Per Share	9.25	8.66	7.80	7.08	7.43
Tangible Book Value	462.33M	432.78M	390.09M	354.02M	371.30M
Tangible Book Value Per Share	9.25	8.66	7.80	7.08	7.43
Filing Date Shares Outstanding	50.00M	50.00M	50.00M	50.00M	50.00M
Total Common Shares Outstanding	50.00M	50.00M	50.00M	50.00M	50.00M
Supplemental
Total Liabilities Insurance	760.09M	766.86M	534.05M	666.11M	983.14M

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (SAR)

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Assets
Cash & Equivalents	194.20M	172.98M	110.57M	336.53M	479.38M
Total Assets	1.22B	1.20B	0.92B	1.02B	1.35B
Investment Securities	—	—	—	—	19.72M
Reinsurance Recoverable	140.53M	130.48M	107.59M	126.76M	138.11M
Liabilities
Total Liabilities	760.09M	766.86M	534.05M	666.11M	983.14M
Insurance Liabilities	659.25M	653.35M	433.52M	570.29M	33.85M
Unearned Premiums	—	—	—	—	430.57M
Unpaid Claims	—	—	—	—	350.57M
Equity & Ownership
Deferred Policy Acquisition Cost	—	—	—	—	25.62M
Total Equity	462.33M	432.78M	390.09M	354.02M	371.58M
Shares Outstanding	50,000,000	50,000,000	50,000,000	50,000,000	50,000,000
Cash & Assets
Total Assets	1.22B	1.20B	0.92B	1.02B	1.35B
Cash & Equivalents	194.20M	172.98M	110.57M	336.53M	479.38M
Net Cash (Debt)	193.97M	172.27M	109.02M	334.80M	479.38M
Net Cash Per Share	3.88	3.45	2.18	6.70	9.59
Net Cash Growth	+12.6%	+58.0%	-67.4%	-30.2%	-14.4%
Other Receivables Insurance	107.07M	18.40M	39.79M	28.02M	211.34M
Restricted Cash	75.00M	74.99M	74.99M	74.99M	75.00M
Machinery	30.67M	30.11M	29.35M	28.58M	23.31M
Leasehold Improvements	17.03M	17.03M	17.03M	16.95M	16.74M
Property, Plant & Equipment	2.42M	3.72M	6.04M	6.17M	4.57M
Other Intangibles Insurance	—	—	—	—	281.00K
Deferred Policy Acquisition Cost	—	—	—	—	25.62M
Other Current Assets Insurance	2.30M	3.11M	4.33M	5.03M	55.21M
Other Long Term Assets Insurance	16.41M	67.70M	64.94M	67.14M	34.40M
Long-Term Leases	0.23M	0.70M	1.55M	1.73M	—
Long-Term Deferred Charges	—	—	7.39M	5.80M	20.35M
Loans & Investments
Investment Debt Securities	—	—	—	—	19.72M
Investment Equity Preferred	2.89M	4.39M	4.17M	43.12M	81.08M
Other Investments	490.93M	589.30M	377.91M	163.17M	209.66M
Reinsurance Recoverable	140.53M	130.48M	107.59M	126.76M	138.11M
Total Investments	684.51M	728.27M	508.51M	369.69M	310.46M
Liabilities & Obligations
Total Liabilities & Equity	1.22B	1.20B	0.92B	1.02B	1.35B
Accounts Payable Insurance	—	—	1.76M	5.41M	5.91M
Accrued Expenses	33.06M	42.80M	35.18M	27.22M	25.77M
Current Income Taxes Payable	24.66M	23.66M	30.59M	23.63M	17.25M
Other Current Liabilities Insurance	—	—	—	—	31.36M
Other Long Term Liabilities Insurance	7.68M	17.11M	5.44M	20.68M	41.89M
Reinsurance Payable	3.04M	—	2.27M	—	25.81M
Unearned Premiums	—	—	—	—	430.57M
Unpaid Claims	—	—	—	—	350.57M
Insurance Annuity Liabilities	659.25M	653.35M	433.52M	570.29M	33.85M
Debt & Funding
Total Debt	0.23M	0.70M	1.55M	1.73M	—
Equity & Book Value
Shareholders' Equity	462.33M	432.78M	390.09M	354.02M	371.58M
Common Stock	500.00M	500.00M	500.00M	500.00M	500.00M
Retained Earnings	-84.23M	-105.93M	-132.82M	-171.01M	-118.28M
Comprehensive Income & Other	46.56M	38.70M	22.91M	25.02M	-10.15M
Book Value Per Share	9.25	8.66	7.80	7.08	7.43
Tangible Book Value	462.33M	432.78M	390.09M	354.02M	371.30M
Tangible Book Value Per Share	9.25	8.66	7.80	7.08	7.43
Filing Date Shares Outstanding	50.00M	50.00M	50.00M	50.00M	50.00M
Total Common Shares Outstanding	50.00M	50.00M	50.00M	50.00M	50.00M
Supplemental
Total Liabilities Insurance	760.09M	766.86M	534.05M	666.11M	983.14M