Tower Limited (ASX:TWR)

Tower Balance Sheet

Financials in millions NZD. Fiscal year is October - September.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Investments in Debt Securities	-	367.47	258.76	258.6	277.44	237.3
Investments in Equity & Preferred Securities	-	-	-	-	-	0.57
Total Investments	351.53	367.51	258.8	258.63	277.47	237.9
Cash & Equivalents	62.93	64.69	55.11	84.5	116.13	79.96
Reinsurance Recoverable	41.16	35.5	147.24	19.63	24.21	23.61
Other Receivables	18.42	17.62	12.26	219.08	190.3	225.32
Deferred Policy Acquisition Cost	-	-	-	37.82	31.97	34.67
Property, Plant & Equipment	25.04	26.73	29.48	28.74	34.95	17.25
Goodwill	-	17.74	17.74	17.74	17.74	17.74
Other Intangible Assets	96.02	78.88	80.78	76.91	70.85	60.1
Restricted Cash	-	10.7	8.9	-	-	0.15
Other Current Assets	-	-	16.92	25.22	3.28	2.66
Long-Term Deferred Tax Assets	1.31	0.38	16.07	23.89	24.45	28.82
Other Long-Term Assets	-	15.4	12.04	12.04	12.04	12.04
Total Assets	596.42	635.15	655.34	804.21	803.39	740.24
Accounts Payable	-	22.15	10.83	14.67	22.91	13.53
Accrued Expenses	-	16.27	4.23	45.75	40.36	38.49
Insurance & Annuity Liabilities	163.42	177.57	285.81	-	-	-
Unpaid Claims	-	-	-	124.53	122.34	107.75
Unearned Premiums	-	-	-	238.12	212.28	203.45
Reinsurance Payable	-	-	-	3.7	6.34	14.16
Current Portion of Leases	-	4.91	5.48	6.24	6.08	2.72
Current Income Taxes Payable	6.52	0.61	0.2	0.14	0.17	0.82
Long-Term Leases	27.26	23.95	27.14	28.82	33.34	5.97
Long-Term Deferred Tax Liabilities	15.02	13.72	0.18	8.81	2.78	1.35
Other Current Liabilities	24.08	6.64	16.67	12.27	6.61	7.33
Other Long-Term Liabilities	16.7	9.19	7.09	3.65	0.47	2.63
Total Liabilities	252.99	274.99	357.61	486.69	453.67	398.19
Common Stock	416.69	460.73	460.32	460.19	492.42	492.42
Retained Earnings	29.49	4.43	-58.47	-41.21	-40	-48.11
Comprehensive Income & Other	-102.75	-105.01	-104.11	-101.45	-105.39	-104.43
Total Common Equity	343.43	360.16	297.73	317.53	347.04	339.89
Minority Interest	-	-	-	-	2.68	2.16
Shareholders' Equity	343.43	360.16	297.73	317.53	349.72	342.05
Total Liabilities & Equity	596.42	635.15	655.34	804.21	803.39	740.24
Filing Date Shares Outstanding	956.54	341.54	341.54	341.54	379.48	379.48
Total Common Shares Outstanding	956.54	341.54	341.54	341.54	379.48	379.48
Total Debt	27.26	28.86	32.62	35.05	39.42	8.7
Net Cash (Debt)	35.68	35.84	22.49	49.45	76.71	71.27
Net Cash Growth	-1.05%	59.31%	-54.51%	-35.54%	7.63%	54.73%
Net Cash Per Share	0.05	0.10	0.07	0.14	0.20	0.19
Book Value Per Share	0.36	1.05	0.87	0.93	0.91	0.90
Tangible Book Value	247.4	263.54	199.21	222.88	258.45	262.04
Tangible Book Value Per Share	0.26	0.77	0.58	0.65	0.68	0.69
Land	-	-	-	-	4.1	4.04
Machinery	-	13.43	11.34	11.73	23.17	25.97

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.