Mediterranean & Gulf Cooperative Insurance and Reinsurance Company SJSC
SAU:8030

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Mediterranean & Gulf Cooperative Insurance and Reinsurance Company SJSC Logo
Mediterranean & Gulf Cooperative Insurance and Reinsurance Company SJSC
SAU:8030
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Price: 24.72 SAR -1.12% Market Closed
Market Cap: 2.6B SAR
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Balance Sheet

Balance Sheet Decomposition
Mediterranean & Gulf Cooperative Insurance and Reinsurance Company SJSC

Cash & Short-Term Investments 617m
PP&E 53.8m
Long-Term Investments 1B
Other Assets 1.3B
Insurance Policy Liabilities 1.8B
Long Term Debt 6.2m
Other Liabilities 211.1m

Balance Sheet
Mediterranean & Gulf Cooperative Insurance and Reinsurance Company SJSC

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Balance Sheet
Currency: SAR
Dec-2014 Dec-2015 Dec-2016 Dec-2017 Dec-2018 Dec-2019 Dec-2020 Dec-2021 Dec-2022 Dec-2023
Assets
Cash & Cash Equivalents
1 158
998
924
855
1 122
558
436
648
662
674
Cash
465
233
56
102
215
122
169
142
288
151
Cash Equivalents
693
765
868
753
907
436
267
506
374
523
Total Receivables
74
230
69
0
0
0
2
2
0
0
Insurance Receivable
1 386
1 688
1 248
659
681
572
843
839
0
0
Deferred Policy Acquisition Cost
200
182
141
85
76
67
60
50
0
0
Total Current Assets
74
230
69
0
0
0
2
2
0
0
PP&E Net
82
85
81
53
49
72
63
55
51
62
PP&E Gross
82
85
81
53
0
72
63
55
0
62
Accumulated Depreciation
0
56
66
78
0
100
117
133
0
164
Intangible Assets
0
0
0
3
2
5
7
12
24
18
Goodwill
480
480
480
480
480
480
480
480
480
480
Long-Term Investments
374
314
189
163
84
489
601
674
830
909
Other Long-Term Assets
107
108
150
150
134
132
120
120
158
165
Other Assets
2 194
1 921
1 790
1 679
1 337
1 606
1 717
1 726
1 321
1 292
Total Assets
5 575
N/A
5 526
-1%
4 593
-17%
3 647
-21%
3 487
-4%
3 501
+0%
3 848
+10%
4 125
+7%
3 046
-26%
3 120
+2%
Liabilities
Insurance Policy Liabilities
4 027
4 037
3 233
2 808
2 432
2 490
2 669
2 505
2 274
2 074
Accounts Payable
0
0
0
136
0
27
28
43
0
0
Accrued Liabilities
2
9
1
6
3
3
30
35
22
105
Short-Term Debt
0
0
0
0
0
0
0
0
0
0
Other Current Liabilities
368
410
329
161
325
181
203
292
4
9
Total Current Liabilities
370
418
330
304
328
211
260
370
27
114
Long-Term Debt
0
0
0
0
0
26
17
9
4
11
Deferred Income Tax
0
0
0
0
0
17
91
171
3
0
Other Liabilities
2
159
78
36
45
51
51
57
32
4
Total Liabilities
4 399
N/A
4 614
+5%
3 640
-21%
3 148
-14%
2 805
-11%
2 795
0%
3 089
+11%
3 111
+1%
2 340
-25%
2 203
-6%
Equity
Common Stock
1 000
1 000
1 000
400
800
800
800
1 050
1 050
1 050
Retained Earnings
166
103
53
93
113
110
73
121
432
231
Additional Paid In Capital
0
0
0
0
0
0
0
70
70
70
Unrealized Security Profit/Loss
0
0
0
0
0
0
0
26
38
42
Other Equity
10
15
5
5
5
17
33
10
19
13
Total Equity
1 176
N/A
912
-22%
953
+4%
499
-48%
682
+37%
706
+4%
760
+8%
1 015
+34%
707
-30%
917
+30%
Total Liabilities & Equity
5 575
N/A
5 526
-1%
4 593
-17%
3 647
-21%
3 487
-4%
3 501
+0%
3 848
+10%
4 125
+7%
3 046
-26%
3 120
+2%
Shares Outstanding
Common Shares Outstanding
51
51
55
55
86
86
86
105
105
105

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