Bahrain National Holding Company B.S.C. (BAX: BNH)

BNH Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Investments in Debt Securities	19.42	19.36	24.06	11.04	14.66	14.13
Investments in Equity & Preferred Securities	36.25	32.98	30.62	37.74	32.28	29.44
Other Investments	24.23	23.66	14.26	28.74	18.6	20.09
Total Investments	91.43	87.57	83.07	81.88	70.38	68.17
Cash & Equivalents	5.19	5.87	5.81	4.96	5.99	4.25
Reinsurance Recoverable	19.15	10.93	16.24	20.94	22.77	21.2
Other Receivables	1.99	2.17	1.49	5.6	5.85	6.1
Deferred Policy Acquisition Cost	-	-	-	0.98	0.81	0.73
Property, Plant & Equipment	2.54	2.91	3.36	3.54	3.83	4.02
Goodwill	-	-	0.07	0.07	0.07	0.07
Other Intangible Assets	-	0.22	0.25	0.21	0.06	0.09
Restricted Cash	-	0.14	0.13	0.13	0.13	0.13
Other Current Assets	-	0.32	0.35	0.3	0.3	0.79
Long-Term Deferred Charges	-	0.12	0.12	0.07	0.14	0.1
Other Long-Term Assets	3.73	0.78	0.58	0.6	0.36	0.18
Total Assets	124.02	111.02	111.49	119.28	110.69	105.83
Accrued Expenses	-	1.57	1.72	2.71	2.48	3.25
Insurance & Annuity Liabilities	13.08	27.67	29.77	11.87	8.4	9.05
Unpaid Claims	22	0.15	0.17	18.77	19.12	18.86
Unearned Premiums	-	-	-	17.75	17.65	15.2
Reinsurance Payable	10.4	3.91	6.36	-	-	-
Current Portion of Leases	-	0.08	0.09	0.08	0.09	0.08
Long-Term Leases	-	0.34	0.38	0.43	0.47	0.51
Other Current Liabilities	-	1.91	1.88	1.82	2.01	2.23
Other Long-Term Liabilities	4.54	1.74	1.49	-	-	-
Total Liabilities	50.02	37.37	41.87	53.43	50.22	49.18
Common Stock	11.92	11.92	11.92	11.92	11.92	11.92
Additional Paid-In Capital	3.99	3.99	3.99	3.99	3.99	3.99
Retained Earnings	54.64	56.03	53.06	41.46	37.62	35.19
Treasury Stock	-	-	-	-1.87	-1.87	-1.87
Comprehensive Income & Other	-0.14	-1.89	-2.87	6.72	5.6	4.62
Total Common Equity	70.4	70.05	66.1	62.22	57.25	53.84
Minority Interest	3.6	3.6	3.52	3.63	3.22	2.82
Shareholders' Equity	74	73.65	69.62	65.85	60.47	56.66
Total Liabilities & Equity	124.02	111.02	111.49	119.28	110.69	105.83
Filing Date Shares Outstanding	119.18	119.18	119.18	112.54	112.61	112.61
Total Common Shares Outstanding	119.18	119.18	119.18	112.54	112.61	112.61
Total Debt	-	0.42	0.47	0.51	0.56	0.59
Net Cash (Debt)	5.19	5.45	5.33	4.45	5.44	3.67
Net Cash Growth	-73.45%	2.27%	19.77%	-18.09%	48.25%	-67.21%
Net Cash Per Share	0.04	0.05	0.04	0.04	0.05	0.03
Book Value Per Share	0.59	0.59	0.55	0.55	0.51	0.48
Tangible Book Value	70.4	69.83	65.78	61.93	57.12	53.68
Tangible Book Value Per Share	0.59	0.59	0.55	0.55	0.51	0.48
Land	-	4.87	4.87	4.87	4.87	4.87
Machinery	-	2.77	2.7	2.6	2.63	2.54
Construction In Progress	-	-	-	-	-	0.01

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