Muang Thai Insurance Public Company Limited (BKK: MTI)

MTI Balance Sheet

Financials in millions THB. 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	9,742	11,062	8,863	8,738	7,937	6,612
Investments in Equity & Preferred Securities	2,142	2,280	2,129	2,194	2,044	1,665
Other Investments	3,705	1,946	3,678	2,934	3,213	3,482
Total Investments	15,590	15,288	14,670	13,866	13,195	11,761
Cash & Equivalents	722.74	857.7	540.35	411.4	313.19	367.79
Reinsurance Recoverable	8,476	8,443	9,385	9,138	6,666	6,247
Other Receivables	2,303	2,503	2,697	2,783	2,157	2,150
Property, Plant & Equipment	889.5	926.52	811.05	717	594.89	569.82
Goodwill	631.9	631.9	631.9	631.9	631.9	631.9
Other Intangible Assets	159.38	140.67	131.73	140.75	130.01	108.93
Other Current Assets	1,025	983.17	918.63	769.9	620.14	669.54
Long-Term Deferred Tax Assets	1,512	1,376	1,160	1,047	908.67	655.45
Other Long-Term Assets	261.59	230.85	626.28	507.21	368.31	45.96
Total Assets	31,571	31,380	31,572	30,011	25,585	23,207
Accrued Expenses	1,154	1,165	1,262	1,295	907.16	851.32
Unpaid Claims	8,423	7,959	7,954	6,772	5,268	4,606
Unearned Premiums	11,219	11,043	10,659	10,108	8,669	8,059
Reinsurance Payable	3,790	3,779	4,238	4,402	4,449	3,653
Current Portion of Leases	-	31.03	23.23	26.94	18.72	-
Short-Term Debt	-	-	-	-	-	24.7
Current Income Taxes Payable	97.92	114.7	84.46	210.15	140.92	71.87
Long-Term Leases	122.37	107.11	37.17	49.29	31.94	-
Long-Term Deferred Tax Liabilities	-	-	-	0.02	0.05	0.09
Other Long-Term Liabilities	622.88	775.07	729.28	854.5	367.91	83.84
Total Liabilities	25,770	25,298	25,267	24,006	20,157	17,640
Common Stock	590	590	590	590	590	590
Additional Paid-In Capital	681.57	681.57	681.57	681.57	681.57	681.57
Retained Earnings	5,470	5,395	5,117	4,592	4,058	3,689
Comprensive Income & Other	-940.22	-583.96	-83.47	140.98	98.85	606.61
Shareholders' Equity	5,801	6,083	6,305	6,005	5,429	5,568
Total Liabilities & Equity	31,571	31,380	31,572	30,011	25,585	23,207
Filing Date Shares Outstanding	59	59	59	59	59	59
Total Common Shares Outstanding	59	59	59	59	59	59
Total Debt	122.37	138.14	60.4	76.23	50.66	24.7
Net Cash (Debt)	600.36	719.56	479.96	335.17	262.53	343.09
Net Cash Growth	40.63%	49.92%	43.20%	27.67%	-23.48%	79.22%
Net Cash Per Share	10.18	12.20	8.13	5.68	4.45	5.82
Book Value Per Share	98.32	103.10	106.87	101.78	92.01	94.37
Tangible Book Value	5,010	5,310	5,542	5,232	4,667	4,827
Tangible Book Value Per Share	84.91	90.00	93.93	88.68	79.10	81.81
Land	-	128.26	128.26	96.16	96.16	96.16
Buildings	-	855.98	752.05	701.98	689.62	686.49
Machinery	-	633.39	528.88	464.72	424.19	401.33
Construction In Progress	-	13.74	109.96	91.73	3.88	-

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