Thai Reinsurance 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	2,255	2,759	3,213	2,113	2,273
Investments in Equity & Preferred Securities	1,141	733.07	736.6	804.8	1,025
Total Investments	3,921	4,057	4,026	3,004	3,447
Cash & Equivalents	460.15	362.59	324.26	289.29	285.64
Reinsurance Recoverable	1,285	250.3	1,759	1,751	1,775
Other Receivables	155.33	182.42	48.63	57.53	53.65
Property, Plant & Equipment	266.72	292.09	232.52	220.52	235.17
Other Intangible Assets	218.08	207.1	177.21	142.24	129.38
Other Current Assets	-	-	108.27	-	-
Long-Term Deferred Tax Assets	285.3	262.8	300.31	351.68	320
Long-Term Deferred Charges	-	-	589.37	490.03	491.47
Other Long-Term Assets	160.03	189.31	247.07	393.94	375.56
Total Assets	6,752	5,804	7,813	6,700	7,113
Insurance & Annuity Liabilities	2,434	1,432	-	0.9	2.16
Unpaid Claims	-	-	1,323	1,303	1,516
Unearned Premiums	-	-	1,877	1,500	1,655
Reinsurance Payable	33.62	47.22	500.38	563.2	455.5
Current Portion of Leases	7.54	6.48	3.05	2.15	2.97
Current Income Taxes Payable	3.06	4.89	5.49	2.47	3.67
Long-Term Leases	6.46	11.05	7.37	1.55	3.53
Other Current Liabilities	0.23	0.06	0.55	1.16	0.02
Other Long-Term Liabilities	164.17	193.18	201.28	106.25	125.97
Total Liabilities	2,750	1,790	4,012	3,586	3,868
Common Stock	3,709	3,709	3,709	3,709	3,709
Retained Earnings	118.46	126.26	-137.15	-341.95	-135.76
Comprehensive Income & Other	-96.77	-84.76	-29.32	-253.67	-328.47
Total Common Equity	3,731	3,751	3,543	3,114	3,245
Minority Interest	270.99	262.65	258.63	-	-
Shareholders' Equity	4,002	4,013	3,801	3,114	3,245
Total Liabilities & Equity	6,752	5,804	7,813	6,700	7,113
Filing Date Shares Outstanding	4,215	4,215	4,215	4,215	4,215
Total Common Shares Outstanding	4,215	4,215	4,215	4,215	4,215
Total Debt	14	17.54	10.42	3.7	6.5
Net Cash (Debt)	446.15	345.06	313.83	285.59	279.13
Net Cash Growth	29.30%	9.95%	9.89%	2.31%	36.86%
Net Cash Per Share	0.11	0.08	0.07	0.07	0.06
Book Value Per Share	0.89	0.89	0.84	0.74	0.77
Tangible Book Value	3,513	3,544	3,366	2,971	3,116
Tangible Book Value Per Share	0.83	0.84	0.80	0.70	0.74
Land	40.47	40.47	40.47	99.74	99.74
Buildings	219.44	219.95	184.52	159.65	156.81
Machinery	158.77	169.32	192.57	182.08	175.67
Construction In Progress	-	-	-	-	2.12
Leasehold Improvements	-	-	-	-	0.9

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