GULF GENERAL

Gulf General Cooperative Insurance Co.

8260StocksTadawulInsurance

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (SAR)

	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021	2020Dec 31, 2020
Assets
Cash & Equivalents	6.56M	14.46M	5.15M	256.11M	161.39M
Total Assets	433.19M	490.20M	481.55M	639.05M	427.69M
Reinsurance Recoverable	36.85M	44.58M	56.79M	83.01M	68.57M
Liabilities
Total Liabilities	209.28M	189.80M	187.90M	268.18M	264.55M
Insurance Liabilities	183.56M	160.76M	160.78M	41.33M	38.12M
Unearned Premiums	—	—	—	108.22M	137.97M
Unpaid Claims	—	—	—	87.89M	59.02M
Equity & Ownership
Deferred Policy Acquisition Cost	—	—	—	7.28M	8.62M
Total Equity	223.91M	300.39M	293.65M	370.87M	163.13M
Shares Outstanding	30,000,000	30,000,000	30,000,000	30,000,000	12,000,000
Cash & Assets
Total Assets	433.19M	490.20M	481.55M	639.05M	427.69M
Cash & Equivalents	6.56M	14.46M	5.15M	256.11M	161.39M
Net Cash (Debt)	3.14M	9.94M	5.12M	254.89M	159.48M
Net Cash Per Share	0.10	0.33	0.17	15.45	13.29
Net Cash Growth	-68.4%	+94.1%	-98.0%	+59.8%	+44.3%
Other Receivables Insurance	11.29M	20.42M	19.60M	64.10M	43.65M
Restricted Cash	44.99M	74.99M	74.99M	75.00M	20.00M
Machinery	28.67M	28.75M	28.53M	23.87M	16.77M
Leasehold Improvements	4.13M	4.13M	4.13M	4.09M	4.07M
Property, Plant & Equipment	15.31M	18.94M	16.03M	14.68M	9.07M
Goodwill	—	36.26M	36.26M	36.26M	36.26M
Other Intangibles Insurance	11.17M	12.11M	13.45M	9.63M	7.62M
Deferred Policy Acquisition Cost	—	—	—	7.28M	8.62M
Other Current Assets Insurance	10.49M	16.80M	25.80M	8.13M	3.98M
Other Long Term Assets Insurance	4.39M	5.17M	8.73M	36.10M	31.65M
Long-Term Leases	3.42M	4.52M	0.03M	0.39M	0.60M
Current Portion of Leases	—	—	—	0.84M	1.31M
Loans & Investments
Investment Equity Preferred	61.12M	43.46M	39.70M	1.92M	1.92M
Other Investments	173.97M	149.43M	140.18M	2.00M	2.00M
Reinsurance Recoverable	36.85M	44.58M	56.79M	83.01M	68.57M
Total Investments	292.14M	246.46M	224.75M	48.76M	36.87M
Liabilities & Obligations
Total Liabilities & Equity	433.19M	490.20M	481.55M	639.05M	427.69M
Accrued Expenses	10.26M	9.83M	11.88M	18.21M	15.23M
Current Income Taxes Payable	3.67M	2.97M	4.24M	2.29M	3.27M
Other Current Liabilities Insurance	2.97M	4.29M	2.68M	—	—
Other Long Term Liabilities Insurance	1.33M	3.23M	3.63M	2.62M	2.36M
Reinsurance Payable	—	—	—	1.25M	2.50M
Unearned Premiums	—	—	—	108.22M	137.97M
Unpaid Claims	—	—	—	87.89M	59.02M
Insurance Annuity Liabilities	183.56M	160.76M	160.78M	41.33M	38.12M
Debt & Funding
Total Debt	3.42M	4.52M	0.03M	1.22M	1.91M
Equity & Book Value
Shareholders' Equity	223.91M	300.39M	293.65M	370.87M	163.13M
Common Stock	300.00M	500.00M	500.00M	500.00M	200.00M
Retained Earnings	-136.17M	-241.96M	-245.50M	-129.56M	-37.97M
Comprehensive Income & Other	60.08M	42.36M	39.15M	0.44M	1.10M
Book Value Per Share	7.46	10.01	9.79	12.36	13.59
Tangible Book Value	212.73M	252.02M	243.94M	324.99M	119.25M
Tangible Book Value Per Share	7.09	8.40	8.13	10.83	9.94
Filing Date Shares Outstanding	30.00M	30.00M	30.00M	30.00M	12.00M
Total Common Shares Outstanding	30.00M	30.00M	30.00M	30.00M	12.00M
Supplemental
Total Liabilities Insurance	209.28M	189.80M	187.90M	268.18M	264.55M

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (SAR)

	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021	2020Dec 31, 2020
Assets
Cash & Equivalents	6.56M	14.46M	5.15M	256.11M	161.39M
Total Assets	433.19M	490.20M	481.55M	639.05M	427.69M
Reinsurance Recoverable	36.85M	44.58M	56.79M	83.01M	68.57M
Liabilities
Total Liabilities	209.28M	189.80M	187.90M	268.18M	264.55M
Insurance Liabilities	183.56M	160.76M	160.78M	41.33M	38.12M
Unearned Premiums	—	—	—	108.22M	137.97M
Unpaid Claims	—	—	—	87.89M	59.02M
Equity & Ownership
Deferred Policy Acquisition Cost	—	—	—	7.28M	8.62M
Total Equity	223.91M	300.39M	293.65M	370.87M	163.13M
Shares Outstanding	30,000,000	30,000,000	30,000,000	30,000,000	12,000,000
Cash & Assets
Total Assets	433.19M	490.20M	481.55M	639.05M	427.69M
Cash & Equivalents	6.56M	14.46M	5.15M	256.11M	161.39M
Net Cash (Debt)	3.14M	9.94M	5.12M	254.89M	159.48M
Net Cash Per Share	0.10	0.33	0.17	15.45	13.29
Net Cash Growth	-68.4%	+94.1%	-98.0%	+59.8%	+44.3%
Other Receivables Insurance	11.29M	20.42M	19.60M	64.10M	43.65M
Restricted Cash	44.99M	74.99M	74.99M	75.00M	20.00M
Machinery	28.67M	28.75M	28.53M	23.87M	16.77M
Leasehold Improvements	4.13M	4.13M	4.13M	4.09M	4.07M
Property, Plant & Equipment	15.31M	18.94M	16.03M	14.68M	9.07M
Goodwill	—	36.26M	36.26M	36.26M	36.26M
Other Intangibles Insurance	11.17M	12.11M	13.45M	9.63M	7.62M
Deferred Policy Acquisition Cost	—	—	—	7.28M	8.62M
Other Current Assets Insurance	10.49M	16.80M	25.80M	8.13M	3.98M
Other Long Term Assets Insurance	4.39M	5.17M	8.73M	36.10M	31.65M
Long-Term Leases	3.42M	4.52M	0.03M	0.39M	0.60M
Current Portion of Leases	—	—	—	0.84M	1.31M
Loans & Investments
Investment Equity Preferred	61.12M	43.46M	39.70M	1.92M	1.92M
Other Investments	173.97M	149.43M	140.18M	2.00M	2.00M
Reinsurance Recoverable	36.85M	44.58M	56.79M	83.01M	68.57M
Total Investments	292.14M	246.46M	224.75M	48.76M	36.87M
Liabilities & Obligations
Total Liabilities & Equity	433.19M	490.20M	481.55M	639.05M	427.69M
Accrued Expenses	10.26M	9.83M	11.88M	18.21M	15.23M
Current Income Taxes Payable	3.67M	2.97M	4.24M	2.29M	3.27M
Other Current Liabilities Insurance	2.97M	4.29M	2.68M	—	—
Other Long Term Liabilities Insurance	1.33M	3.23M	3.63M	2.62M	2.36M
Reinsurance Payable	—	—	—	1.25M	2.50M
Unearned Premiums	—	—	—	108.22M	137.97M
Unpaid Claims	—	—	—	87.89M	59.02M
Insurance Annuity Liabilities	183.56M	160.76M	160.78M	41.33M	38.12M
Debt & Funding
Total Debt	3.42M	4.52M	0.03M	1.22M	1.91M
Equity & Book Value
Shareholders' Equity	223.91M	300.39M	293.65M	370.87M	163.13M
Common Stock	300.00M	500.00M	500.00M	500.00M	200.00M
Retained Earnings	-136.17M	-241.96M	-245.50M	-129.56M	-37.97M
Comprehensive Income & Other	60.08M	42.36M	39.15M	0.44M	1.10M
Book Value Per Share	7.46	10.01	9.79	12.36	13.59
Tangible Book Value	212.73M	252.02M	243.94M	324.99M	119.25M
Tangible Book Value Per Share	7.09	8.40	8.13	10.83	9.94
Filing Date Shares Outstanding	30.00M	30.00M	30.00M	30.00M	12.00M
Total Common Shares Outstanding	30.00M	30.00M	30.00M	30.00M	12.00M
Supplemental
Total Liabilities Insurance	209.28M	189.80M	187.90M	268.18M	264.55M