ALETIHAD

Al-Etihad Cooperative Insurance Co.

8170StocksTadawulInsurance

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Quarterly (SAR)

1-5

	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025	Q4 2024Dec 31, 2024
Assets
Cash & Equivalents	—	58.35M	77.69M	123.13M	106.07M
Total Assets	—	1.29B	1.41B	1.53B	1.55B
Investment Securities	—	69.78M	69.78M	69.78M	67.27M
Reinsurance Recoverable	—	92.76M	131.45M	122.34M	121.67M
Liabilities
Total Liabilities	—	0.71B	0.81B	0.83B	0.84B
Insurance Liabilities	—	309.75M	381.20M	328.90M	388.94M
Unearned Premiums	—	—	—	—	—
Unpaid Claims	—	308.39M	332.12M	377.25M	366.78M
Equity & Ownership
Deferred Policy Acquisition Cost	—	—	—	—	—
Total Equity	575.01M	575.01M	608.55M	702.25M	711.66M
Shares Outstanding	49,954,192	50,000,000	50,000,000	50,000,000	50,000,000
Cash & Assets
Total Assets	—	1.29B	1.41B	1.53B	1.55B
Cash & Equivalents	—	58.35M	77.69M	123.13M	106.07M
Net Cash (Debt)	53.75M	53.75M	70.83M	116.33M	99.34M
Net Cash Per Share	1.08	1.08	1.42	2.33	1.96
Net Cash Growth	-45.9%	-52.8%	-18.7%	+51.2%	+38.9%
Other Receivables Insurance	—	2.12M	56.39M	55.37M	86.07M
Restricted Cash	—	50.00M	50.00M	50.00M	50.00M
Construction In Progress	—	—	—	—	11.69M
Machinery	—	—	—	—	34.21M
Leasehold Improvements	—	—	—	—	10.22M
Property, Plant & Equipment	—	11.59M	12.73M	29.14M	30.26M
Goodwill	—	4.50M	4.50M	4.50M	4.50M
Other Intangibles Insurance	—	11.92M	13.03M	—	—
Deferred Policy Acquisition Cost	—	—	—	—	—
Other Current Assets Insurance	—	61.16M	64.85M	119.91M	15.23M
Other Long Term Assets Insurance	—	—	—	—	17.67M
Long-Term Leases	—	4.60M	6.86M	6.80M	6.73M
Long-Term Deferred Charges	—	—	—	—	—
Loans & Investments
Investment Debt Securities	—	69.78M	69.78M	69.78M	67.27M
Investment Equity Preferred	—	—	—	—	—
Other Investments	—	0.76B	0.78B	0.79B	0.90B
Reinsurance Recoverable	—	92.76M	131.45M	122.34M	121.67M
Total Investments	—	1.00B	1.00B	1.02B	1.12B
Liabilities & Obligations
Total Liabilities & Equity	—	1.29B	1.41B	1.53B	1.55B
Accounts Payable Insurance	—	—	—	—	—
Accrued Expenses	—	40.84M	37.24M	63.68M	11.08M
Current Income Taxes Payable	—	8.70M	12.51M	17.23M	17.05M
Other Current Liabilities Insurance	—	—	—	—	25.41M
Other Long Term Liabilities Insurance	—	2.95M	2.40M	1.86M	1.33M
Reinsurance Payable	—	13.94M	9.96M	8.42M	0.84M
Unearned Premiums	—	—	—	—	—
Unpaid Claims	—	308.39M	332.12M	377.25M	366.78M
Insurance Annuity Liabilities	—	309.75M	381.20M	328.90M	388.94M
Debt & Funding
Total Debt	4.60M	4.60M	6.86M	6.80M	6.73M
Equity & Book Value
Shareholders' Equity	575.01M	575.01M	608.55M	702.25M	711.66M
Common Stock	—	500.00M	500.00M	500.00M	500.00M
Retained Earnings	—	14.58M	48.12M	141.82M	153.73M
Comprehensive Income & Other	—	60.43M	60.43M	60.43M	57.92M
Book Value Per Share	11.50	11.50	12.17	14.04	14.23
Tangible Book Value	558.59M	558.59M	591.03M	697.75M	707.16M
Tangible Book Value Per Share	11.17	11.17	11.82	13.96	14.14
Filing Date Shares Outstanding	49.95M	50.00M	50.00M	50.00M	50.00M
Total Common Shares Outstanding	49.95M	50.00M	50.00M	50.00M	50.00M
Supplemental
Total Liabilities Insurance	—	0.71B	0.81B	0.83B	0.84B

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Quarterly (SAR)

1-5

	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025	Q4 2024Dec 31, 2024
Assets
Cash & Equivalents	—	58.35M	77.69M	123.13M	106.07M
Total Assets	—	1.29B	1.41B	1.53B	1.55B
Investment Securities	—	69.78M	69.78M	69.78M	67.27M
Reinsurance Recoverable	—	92.76M	131.45M	122.34M	121.67M
Liabilities
Total Liabilities	—	0.71B	0.81B	0.83B	0.84B
Insurance Liabilities	—	309.75M	381.20M	328.90M	388.94M
Unearned Premiums	—	—	—	—	—
Unpaid Claims	—	308.39M	332.12M	377.25M	366.78M
Equity & Ownership
Deferred Policy Acquisition Cost	—	—	—	—	—
Total Equity	575.01M	575.01M	608.55M	702.25M	711.66M
Shares Outstanding	49,954,192	50,000,000	50,000,000	50,000,000	50,000,000
Cash & Assets
Total Assets	—	1.29B	1.41B	1.53B	1.55B
Cash & Equivalents	—	58.35M	77.69M	123.13M	106.07M
Net Cash (Debt)	53.75M	53.75M	70.83M	116.33M	99.34M
Net Cash Per Share	1.08	1.08	1.42	2.33	1.96
Net Cash Growth	-45.9%	-52.8%	-18.7%	+51.2%	+38.9%
Other Receivables Insurance	—	2.12M	56.39M	55.37M	86.07M
Restricted Cash	—	50.00M	50.00M	50.00M	50.00M
Construction In Progress	—	—	—	—	11.69M
Machinery	—	—	—	—	34.21M
Leasehold Improvements	—	—	—	—	10.22M
Property, Plant & Equipment	—	11.59M	12.73M	29.14M	30.26M
Goodwill	—	4.50M	4.50M	4.50M	4.50M
Other Intangibles Insurance	—	11.92M	13.03M	—	—
Deferred Policy Acquisition Cost	—	—	—	—	—
Other Current Assets Insurance	—	61.16M	64.85M	119.91M	15.23M
Other Long Term Assets Insurance	—	—	—	—	17.67M
Long-Term Leases	—	4.60M	6.86M	6.80M	6.73M
Long-Term Deferred Charges	—	—	—	—	—
Loans & Investments
Investment Debt Securities	—	69.78M	69.78M	69.78M	67.27M
Investment Equity Preferred	—	—	—	—	—
Other Investments	—	0.76B	0.78B	0.79B	0.90B
Reinsurance Recoverable	—	92.76M	131.45M	122.34M	121.67M
Total Investments	—	1.00B	1.00B	1.02B	1.12B
Liabilities & Obligations
Total Liabilities & Equity	—	1.29B	1.41B	1.53B	1.55B
Accounts Payable Insurance	—	—	—	—	—
Accrued Expenses	—	40.84M	37.24M	63.68M	11.08M
Current Income Taxes Payable	—	8.70M	12.51M	17.23M	17.05M
Other Current Liabilities Insurance	—	—	—	—	25.41M
Other Long Term Liabilities Insurance	—	2.95M	2.40M	1.86M	1.33M
Reinsurance Payable	—	13.94M	9.96M	8.42M	0.84M
Unearned Premiums	—	—	—	—	—
Unpaid Claims	—	308.39M	332.12M	377.25M	366.78M
Insurance Annuity Liabilities	—	309.75M	381.20M	328.90M	388.94M
Debt & Funding
Total Debt	4.60M	4.60M	6.86M	6.80M	6.73M
Equity & Book Value
Shareholders' Equity	575.01M	575.01M	608.55M	702.25M	711.66M
Common Stock	—	500.00M	500.00M	500.00M	500.00M
Retained Earnings	—	14.58M	48.12M	141.82M	153.73M
Comprehensive Income & Other	—	60.43M	60.43M	60.43M	57.92M
Book Value Per Share	11.50	11.50	12.17	14.04	14.23
Tangible Book Value	558.59M	558.59M	591.03M	697.75M	707.16M
Tangible Book Value Per Share	11.17	11.17	11.82	13.96	14.14
Filing Date Shares Outstanding	49.95M	50.00M	50.00M	50.00M	50.00M
Total Common Shares Outstanding	49.95M	50.00M	50.00M	50.00M	50.00M
Supplemental
Total Liabilities Insurance	—	0.71B	0.81B	0.83B	0.84B