The Navakij 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	1,859	1,459	1,646	1,211	1,120
Investments in Equity & Preferred Securities	905.51	451.71	577.53	658.08	597.58
Other Investments	-	653.08	646.32	698	840.13
Total Investments	2,765	2,942	3,280	3,102	3,105
Cash & Equivalents	328.44	159.84	187.96	293.47	301.85
Reinsurance Recoverable	1,218	286.19	818.08	1,059	1,227
Other Receivables	6.24	6.47	654.95	619.12	578.31
Property, Plant & Equipment	355.76	371.19	380.51	365.77	243.34
Other Intangible Assets	19.32	19.44	13.84	16.54	18.67
Other Current Assets	-	-	11.8	187.78	205.27
Long-Term Deferred Tax Assets	395.82	253.91	290.85	242.35	215.65
Other Long-Term Assets	111.68	627.4	428.03	394.28	383.51
Total Assets	5,200	4,666	6,066	6,281	6,279
Accrued Expenses	-	-	172.5	172.77	186.52
Unpaid Claims	2,126	991.85	999.94	1,029	1,020
Unearned Premiums	1,151	1,140	2,116	2,030	1,818
Reinsurance Payable	32.91	34.73	488.95	665.22	839.32
Current Portion of Leases	13.11	13.65	13.42	13.24	14.05
Current Income Taxes Payable	-	-	3.94	18.44	7.48
Long-Term Leases	20.09	20.45	23.67	23.56	27.54
Other Long-Term Liabilities	131.11	164.65	59.53	82.28	57.21
Total Liabilities	3,542	2,445	3,941	4,096	4,031
Common Stock	380	380	370	360	350
Additional Paid-In Capital	647.3	647.3	647.29	647.29	647.28
Retained Earnings	720.32	1,288	1,125	1,132	1,167
Comprehensive Income & Other	-89.75	-94.49	-17.46	45.94	83.86
Shareholders' Equity	1,658	2,221	2,125	2,185	2,248
Total Liabilities & Equity	5,200	4,666	6,066	6,281	6,279
Filing Date Shares Outstanding	38	38	38	38	38
Total Common Shares Outstanding	38	38	38	38	38
Total Debt	33.2	34.1	37.09	36.8	41.6
Net Cash (Debt)	295.24	125.74	150.88	256.66	260.25
Net Cash Growth	134.81%	-16.66%	-41.22%	-1.38%	24.37%
Net Cash Per Share	7.77	3.31	3.97	6.75	6.85
Book Value Per Share	43.63	58.45	55.91	57.50	59.17
Tangible Book Value	1,639	2,202	2,111	2,168	2,230
Tangible Book Value Per Share	43.12	57.94	55.54	57.07	58.67
Land	5.39	5.39	5.39	5.39	5.39
Buildings	548.49	547.01	549.7	553.91	415.97
Machinery	112.16	127.72	126.47	140.47	153.63
Construction In Progress	-	2.52	6.54	3.88	0.16

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