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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Debt Securities	1,395	1,577	1,219	259.02	1,184	971.89
Investments in Equity & Preferred Securities	159.05	296.85	575.75	575.86	699.32	615.67
Other Investments	-	-	-	1,047	-	-
Total Investments	1,554	1,874	1,795	1,882	1,883	1,667
Cash & Equivalents	27.35	37.21	12.77	81.72	155.79	41.13
Reinsurance Recoverable	22.57	174.78	195.36	168.91	70.86	335.27
Other Receivables	102.04	11.34	10.46	20.46	16.94	21.51
Deferred Policy Acquisition Cost	-	149.24	145.7	-	-	-
Property, Plant & Equipment	22.34	22.84	5.49	47.22	54.44	51.07
Other Intangible Assets	39.99	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	284.77	113.94	89.06	73.58	67.67	85.88
Long-Term Deferred Charges	-	-	-	121.93	111.4	80.76
Other Long-Term Assets	346.22	467.71	337.53	340.01	334.46	280.66
Total Assets	2,399	3,048	2,737	2,875	2,798	2,700
Accrued Expenses	2.8	3.64	5.42	4.34	3.4	3.28
Insurance & Annuity Liabilities	1,857	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	54.51	587.57	139.66	304.19	146.02	346.73
Current Portion of Leases	8.35	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	5.7	6.37	5.89	2.74	8.43	13.48
Total Liabilities	1,948	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	-132.01	596.6	805.27	892.78	857.94	842.25
Comprehensive Income & Other	-116.28	-53.97	-126.55	-125.18	-68.04	-97.42
Shareholders' Equity	450.89	1,242	1,368	1,447	1,469	1,424
Total Liabilities & Equity	2,399	3,048	2,737	2,875	2,798	2,700
Filing Date Shares Outstanding	620	620	620	620	620	620
Total Common Shares Outstanding	620	620	620	620	620	620
Total Debt	8.35	10.37	2.86	-	0.77	1.49
Net Cash (Debt)	19	26.83	9.91	81.72	155.03	39.65
Net Cash Growth	58.57%	170.90%	-87.88%	-47.28%	291.01%	17.31%
Net Cash Per Share	0.03	0.04	0.02	0.13	0.25	0.06
Book Value Per Share	0.73	2.00	2.21	2.33	2.37	2.30
Tangible Book Value	410.9	1,200	1,332	1,412	1,430	1,386
Tangible Book Value Per Share	0.66	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.