Klapton Reinsurance Balance Sheet

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

Millions ZMW. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Investments in Debt Securities	-	-	-	62.28	-
Investments in Equity & Preferred Securities	-	0.01	0.01	-	-
Other Investments	358.76	411.67	309.23	57.02	24.13
Total Investments	588.42	639.47	466.2	119.31	24.13
Cash & Equivalents	84.42	198.76	160.59	58.01	8.43
Reinsurance Recoverable	783.68	808.98	368.47	243.75	16.3
Other Receivables	289.64	264.46	22.45	2.71	0.34
Deferred Policy Acquisition Cost	-	-	-	84.23	5.79
Property, Plant & Equipment	7.79	10.93	7.92	9.86	11.2
Other Intangible Assets	2.12	4.36	6.79	9.29	10.03
Restricted Cash	163.82	51.23	-	-	-
Other Current Assets	1,728	1,231	1.58	1.09	3.18
Long-Term Deferred Tax Assets	111.18	62.13	48.23	2.56	-
Total Assets	3,759	3,271	1,082	530.81	79.39
Accounts Payable	0.36	28.16	56.47	-	0
Accrued Expenses	8.97	6.54	4.72	5.99	4.58
Insurance & Annuity Liabilities	26.23	-37.16	-75.33	-	-
Unpaid Claims	2,505	2,430	738.39	60.87	-
Unearned Premiums	-	-	-	280.23	14.63
Reinsurance Payable	343.36	63.44	0.08	13.24	7.44
Current Portion of Leases	1.46	3.5	0.86	1.01	1.04
Current Income Taxes Payable	160.07	50.99	34.21	18.27	-
Long-Term Leases	-	1.59	2.93	2.87	3.39
Other Current Liabilities	0.78	0.93	0.4	1.43	0.37
Other Long-Term Liabilities	14.69	69.79	0.02	4.05	-0
Total Liabilities	3,062	2,619	763.85	389.6	31.45
Common Stock	84.66	78.75	78.75	78.75	70
Additional Paid-In Capital	15.7	15.7	15.7	15.7	7.19
Retained Earnings	733.56	345.4	124.41	41.78	-29.25
Comprehensive Income & Other	-173.55	180.64	81.46	4.98	-
Total Common Equity	660.37	620.49	300.33	141.21	47.94
Minority Interest	35.9	31.51	18.05	-	-
Shareholders' Equity	696.26	652.01	318.38	141.21	47.94
Total Liabilities & Equity	3,759	3,271	1,082	530.81	79.39
Filing Date Shares Outstanding	8,466	7,875	7,875	7,875	7,000
Total Common Shares Outstanding	8,466	7,875	7,875	7,875	7,000
Total Debt	1.46	5.09	3.79	3.88	4.43
Net Cash (Debt)	82.96	193.67	156.8	54.13	4
Net Cash Growth	-57.16%	23.51%	189.65%	1254.62%	-
Net Cash Per Share	0.01	0.02	0.02	0.01	-
Book Value Per Share	0.08	0.08	0.04	0.02	0.01
Tangible Book Value	658.24	616.13	293.54	131.92	37.91
Tangible Book Value Per Share	0.08	0.08	0.04	0.02	0.01
Machinery	16.06	12.94	8.7	7.92	6.02

Source: S&P Capital IQ. Insurance template. Financial Sources.