Muang Thai Insurance PCL (BKK:MTI)

Muang Thai Insurance PCL Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Debt Securities	12,075	11,062	8,863	8,738	7,937
Investments in Equity & Preferred Securities	1,791	2,280	2,129	2,194	2,044
Other Investments	2,546	1,946	3,678	2,934	3,213
Total Investments	16,412	15,288	14,670	13,866	13,195
Cash & Equivalents	776.97	857.7	540.35	411.4	313.19
Reinsurance Recoverable	8,322	8,443	9,385	9,138	6,666
Other Receivables	2,399	2,503	2,697	2,783	2,157
Property, Plant & Equipment	901.05	926.52	811.05	717	594.89
Goodwill	631.9	631.9	631.9	631.9	631.9
Other Intangible Assets	182.48	140.67	131.73	140.75	130.01
Other Current Assets	1,021	983.17	918.63	769.9	620.14
Long-Term Deferred Tax Assets	1,487	1,376	1,160	1,047	908.67
Other Long-Term Assets	240.31	230.85	626.28	507.21	368.31
Total Assets	32,373	31,380	31,572	30,011	25,585
Accrued Expenses	1,293	1,165	1,262	1,295	907.16
Unpaid Claims	8,201	7,959	7,954	6,772	5,268
Unearned Premiums	11,462	11,043	10,659	10,108	8,669
Reinsurance Payable	3,721	3,779	4,238	4,402	4,449
Current Portion of Leases	21.45	31.03	23.23	26.94	18.72
Current Income Taxes Payable	113.42	114.7	84.46	210.15	140.92
Long-Term Leases	92.53	107.11	37.17	49.29	31.94
Long-Term Deferred Tax Liabilities	-	-	-	0.02	0.05
Other Long-Term Liabilities	611.64	775.07	729.28	854.5	367.91
Total Liabilities	25,902	25,298	25,267	24,006	20,157
Common Stock	590	590	590	590	590
Additional Paid-In Capital	681.57	681.57	681.57	681.57	681.57
Retained Earnings	5,833	5,395	5,117	4,592	4,058
Comprehensive Income & Other	-633.93	-583.96	-83.47	140.98	98.85
Shareholders' Equity	6,470	6,083	6,305	6,005	5,429
Total Liabilities & Equity	32,373	31,380	31,572	30,011	25,585
Filing Date Shares Outstanding	59	59	59	59	59
Total Common Shares Outstanding	59	59	59	59	59
Total Debt	113.97	138.14	60.4	76.23	50.66
Net Cash (Debt)	663	719.56	479.96	335.17	262.53
Net Cash Growth	-7.86%	49.92%	43.20%	27.67%	-23.48%
Net Cash Per Share	11.24	12.20	8.13	5.68	4.45
Book Value Per Share	109.67	103.10	106.87	101.78	92.01
Tangible Book Value	5,656	5,310	5,542	5,232	4,667
Tangible Book Value Per Share	95.87	90.00	93.93	88.68	79.10
Land	128.26	128.26	128.26	96.16	96.16
Buildings	877.78	855.98	752.05	701.98	689.62
Machinery	721.27	633.39	528.88	464.72	424.19
Construction In Progress	4.35	13.74	109.96	91.73	3.88

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