ASIC Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Investments in Debt Securities	558.43	438.75	98.2
Investments in Equity & Preferred Securities	-	-	1
Other Investments	410.38	323.13	253.74
Total Investments	968.81	761.89	352.94
Cash & Equivalents	29.72	26.57	264.65
Reinsurance Recoverable	150.39	133.62	125.67
Other Receivables	266.25	140.85	101.55
Deferred Policy Acquisition Cost	30.2	21.55	23.25
Property, Plant & Equipment	1.75	2.28	2.78
Other Current Assets	2.93	3.91	0.4
Long-Term Deferred Tax Assets	13.29	9.67	7.22
Other Long-Term Assets	10.98	23.11	3.59
Total Assets	1,474	1,123	882.04
Accounts Payable	-56.02	-126.74	17.7
Accrued Expenses	0.7	9.99	-
Unearned Premiums	281.86	212.83	173.91
Reinsurance Payable	32.61	29.25	20.26
Current Portion of Leases	0.77	-	-
Short-Term Debt	-	0.93	12.13
Current Income Taxes Payable	8.41	26.49	8.85
Long-Term Leases	1.35	2.74	3.31
Other Current Liabilities	87	164	0.2
Other Long-Term Liabilities	502.76	405.15	323.49
Total Liabilities	859.45	724.63	559.85
Common Stock	0.05	0.04	338.63
Additional Paid-In Capital	496.47	360.7	-
Retained Earnings	108.57	34.57	-12.52
Comprehensive Income & Other	9.22	3	-4.42
Total Common Equity	614.31	398.31	321.7
Minority Interest	0.55	0.5	0.5
Shareholders' Equity	614.86	398.81	322.2
Total Liabilities & Equity	1,474	1,123	882.04
Filing Date Shares Outstanding	48.07	36.65	349.94
Total Common Shares Outstanding	48.07	36.65	349.94
Total Debt	2.12	3.67	15.44
Net Cash (Debt)	27.6	22.91	249.21
Net Cash Growth	20.52%	-90.81%	-
Net Cash Per Share	0.60	0.63	0.71
Book Value Per Share	12.78	10.87	0.92
Tangible Book Value	614.31	398.31	321.7
Tangible Book Value Per Share	12.78	10.87	0.92

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