Muang Thai Insurance PCL Balance Sheet

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

Millions THB. 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	13,551	12,075	11,062	8,863	8,738
Investments in Equity & Preferred Securities	4,107	1,791	2,280	2,129	2,194
Other Investments	-	2,546	1,946	3,678	2,934
Total Investments	17,658	16,412	15,288	14,670	13,866
Cash & Equivalents	598.81	776.97	857.7	540.35	411.4
Reinsurance Recoverable	8,112	8,322	8,443	9,385	9,138
Other Receivables	56.54	2,399	2,503	2,697	2,783
Property, Plant & Equipment	851.26	901.05	926.52	811.05	717
Goodwill	631.9	631.9	631.9	631.9	631.9
Other Intangible Assets	229	182.48	140.67	131.73	140.75
Other Current Assets	-	1,021	983.17	918.63	769.9
Long-Term Deferred Tax Assets	1,154	1,487	1,376	1,160	1,047
Other Long-Term Assets	280.93	240.31	230.85	626.28	507.21
Total Assets	29,572	32,373	31,380	31,572	30,011
Accrued Expenses	732.25	1,293	1,165	1,262	1,295
Insurance & Annuity Liabilities	19,482	-	-	-	-
Unpaid Claims	-	8,201	7,959	7,954	6,772
Unearned Premiums	-	11,462	11,043	10,659	10,108
Reinsurance Payable	322.42	3,721	3,779	4,238	4,402
Current Portion of Leases	-	21.45	31.03	23.23	26.94
Current Income Taxes Payable	84.22	113.42	114.7	84.46	210.15
Long-Term Leases	106.82	92.53	107.11	37.17	49.29
Long-Term Deferred Tax Liabilities	-	-	-	-	0.02
Other Long-Term Liabilities	160	611.64	775.07	729.28	854.5
Total Liabilities	21,293	25,902	25,298	25,267	24,006
Common Stock	590	590	590	590	590
Additional Paid-In Capital	681.57	681.57	681.57	681.57	681.57
Retained Earnings	7,518	5,833	5,395	5,117	4,592
Comprehensive Income & Other	-509.99	-633.93	-583.96	-83.47	140.98
Shareholders' Equity	8,279	6,470	6,083	6,305	6,005
Total Liabilities & Equity	29,572	32,373	31,380	31,572	30,011
Filing Date Shares Outstanding	594.48	590	590	590	590
Total Common Shares Outstanding	594.48	590	590	590	590
Total Debt	106.82	113.97	138.14	60.4	76.23
Net Cash (Debt)	491.99	663	719.56	479.96	335.17
Net Cash Growth	-25.79%	-7.86%	49.92%	43.20%	27.67%
Net Cash Per Share	0.83	1.12	1.22	0.81	0.57
Book Value Per Share	13.93	10.97	10.31	10.69	10.18
Tangible Book Value	7,418	5,656	5,310	5,542	5,232
Tangible Book Value Per Share	12.48	9.59	9.00	9.39	8.87
Land	-	128.26	128.26	128.26	96.16
Buildings	-	877.78	855.98	752.05	701.98
Machinery	-	721.27	633.39	528.88	464.72
Construction In Progress	-	4.35	13.74	109.96	91.73

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