Thaire Life Assurance PCL (BKK:THREL)

Thaire Life Assurance PCL Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Debt Securities	1,749	1,577	1,219	259.02	1,184	971.89
Investments in Equity & Preferred Securities	287.02	296.85	575.75	575.86	699.32	615.67
Other Investments	-	-	-	1,047	-	-
Total Investments	2,036	1,874	1,795	1,882	1,883	1,667
Cash & Equivalents	245.14	37.21	12.77	81.72	155.79	41.13
Reinsurance Recoverable	-	174.78	195.36	168.91	70.86	335.27
Other Receivables	14.2	11.34	10.46	20.46	16.94	21.51
Deferred Policy Acquisition Cost	-	149.24	145.7	-	-	-
Property, Plant & Equipment	21.95	22.84	5.49	47.22	54.44	51.07
Other Intangible Assets	41.94	41.72	36.1	35.13	38.73	37.92
Other Current Assets	-	155.12	110.12	104.42	64.18	98.62
Long-Term Deferred Tax Assets	284.33	113.94	89.06	73.58	67.67	85.88
Long-Term Deferred Charges	-	-	-	121.93	111.4	80.76
Other Long-Term Assets	12.65	467.71	337.53	340.01	334.46	280.66
Total Assets	2,656	3,048	2,737	2,875	2,798	2,700
Accrued Expenses	2.75	3.64	5.42	4.34	3.4	3.28
Insurance & Annuity Liabilities	2,154	422.3	487.54	541.32	513.27	508.6
Unpaid Claims	-	56.73	62.77	24.79	141.98	28.98
Unearned Premiums	-	699.24	643.05	518.31	493.39	326.83
Reinsurance Payable	-	587.57	139.66	304.19	146.02	346.73
Current Portion of Leases	9.37	10.37	2.86	-	0.77	0.72
Current Income Taxes Payable	-	-	-	15.59	3.19	29.54
Long-Term Leases	-	-	-	-	-	0.77
Other Long-Term Liabilities	5.33	6.37	5.89	2.74	8.43	13.48
Total Liabilities	2,189	1,806	1,369	1,429	1,328	1,276
Common Stock	620	620	610	600	600	600
Additional Paid-In Capital	79.17	79.17	79.16	79.16	79.16	79.16
Retained Earnings	-122.42	596.6	805.27	892.78	857.94	842.25
Comprehensive Income & Other	-109.88	-53.97	-126.55	-125.18	-68.04	-97.42
Shareholders' Equity	466.87	1,242	1,368	1,447	1,469	1,424
Total Liabilities & Equity	2,656	3,048	2,737	2,875	2,798	2,700
Filing Date Shares Outstanding	630.01	620	620	620	620	620
Total Common Shares Outstanding	630.01	620	620	620	620	620
Total Debt	9.37	10.37	2.86	-	0.77	1.49
Net Cash (Debt)	235.77	26.83	9.91	81.72	155.03	39.65
Net Cash Growth	1122.38%	170.90%	-87.88%	-47.28%	291.01%	17.31%
Net Cash Per Share	0.38	0.04	0.02	0.13	0.25	0.06
Book Value Per Share	0.74	2.00	2.21	2.33	2.37	2.30
Tangible Book Value	424.92	1,200	1,332	1,412	1,430	1,386
Tangible Book Value Per Share	0.67	1.94	2.15	2.28	2.31	2.24
Land	-	-	-	17.64	17.64	17.64
Buildings	-	-	-	44.21	44.21	44.21
Machinery	-	19.53	17.28	23.91	23.06	12.65
Construction In Progress	-	-	0.19	-	-	-
Leasehold Improvements	-	10.93	-	-	-	-

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