The Navakij Insurance PCL Balance Sheet

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

Millions THB. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Investments in Debt Securities	1,905	1,459	1,646	1,211	1,120	1,747
Investments in Equity & Preferred Securities	482.29	451.71	577.53	658.08	597.58	461.42
Other Investments	-	653.08	646.32	698	840.13	199.23
Total Investments	2,852	2,942	3,280	3,102	3,105	2,949
Cash & Equivalents	214.69	159.84	187.96	293.47	301.85	263.54
Reinsurance Recoverable	960.17	842.72	818.08	1,059	1,227	1,129
Other Receivables	14.45	590.45	654.95	619.12	578.31	502.2
Property, Plant & Equipment	362.46	371.19	380.51	365.77	243.34	269.85
Other Intangible Assets	20.25	19.44	13.84	16.54	18.67	19.01
Other Current Assets	-	48.3	11.8	187.78	205.27	252.61
Long-Term Deferred Tax Assets	351.91	315.19	290.85	242.35	215.65	234.45
Other Long-Term Assets	514.77	548.68	428.03	394.28	383.51	458.42
Total Assets	5,291	5,838	6,066	6,281	6,279	6,078
Accrued Expenses	-	199.59	172.5	172.77	186.52	172.06
Insurance & Annuity Liabilities	3,136	-	-	-	-	-
Unpaid Claims	-	985.24	999.94	1,029	1,020	860.72
Unearned Premiums	-	2,018	2,116	2,030	1,818	1,779
Reinsurance Payable	40.99	483.06	488.95	665.22	839.32	967.66
Current Portion of Leases	-	13.65	13.42	13.24	14.05	12.9
Current Income Taxes Payable	-	-	3.94	18.44	7.48	25.98
Long-Term Leases	37.11	20.45	23.67	23.56	27.54	41.37
Other Long-Term Liabilities	147.22	76.88	59.53	82.28	57.21	65.41
Total Liabilities	3,452	3,862	3,941	4,096	4,031	3,983
Common Stock	380	380	370	360	350	350
Additional Paid-In Capital	647.3	647.3	647.29	647.29	647.28	647.28
Retained Earnings	905.05	1,043	1,125	1,132	1,167	1,108
Comprehensive Income & Other	-93.74	-94.23	-17.46	45.94	83.86	-10.75
Shareholders' Equity	1,839	1,976	2,125	2,185	2,248	2,095
Total Liabilities & Equity	5,291	5,838	6,066	6,281	6,279	6,078
Filing Date Shares Outstanding	38	38	38	38	38	38
Total Common Shares Outstanding	38	38	38	38	38	38
Total Debt	37.11	34.1	37.09	36.8	41.6	54.27
Net Cash (Debt)	177.57	125.74	150.88	256.66	260.25	209.26
Net Cash Growth	-23.95%	-16.66%	-41.22%	-1.38%	24.37%	69.06%
Net Cash Per Share	4.67	3.31	3.97	6.75	6.85	5.51
Book Value Per Share	48.38	52.00	55.91	57.50	59.17	55.12
Tangible Book Value	1,818	1,956	2,111	2,168	2,230	2,076
Tangible Book Value Per Share	47.85	51.49	55.54	57.07	58.67	54.62
Land	-	5.39	5.39	5.39	5.39	5.39
Buildings	-	547.01	549.7	553.91	415.97	415.65
Machinery	-	127.72	126.47	140.47	153.63	161.36
Construction In Progress	-	2.52	6.54	3.88	0.16	-

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