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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Debt Securities	1,402	1,577	1,219	259.02	1,184	971.89
Investments in Equity & Preferred Securities	172.34	296.85	575.75	575.86	699.32	615.67
Other Investments	-	-	-	1,047	-	-
Total Investments	1,575	1,874	1,795	1,882	1,883	1,667
Cash & Equivalents	88.87	37.21	12.77	81.72	155.79	41.13
Reinsurance Recoverable	12.63	174.78	195.36	168.91	70.86	335.27
Other Receivables	84.74	11.34	10.46	20.46	16.94	21.51
Deferred Policy Acquisition Cost	-	149.24	145.7	-	-	-
Property, Plant & Equipment	20.66	22.84	5.49	47.22	54.44	51.07
Other Intangible Assets	38.25	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	281.02	113.94	89.06	73.58	67.67	85.88
Long-Term Deferred Charges	-	-	-	121.93	111.4	80.76
Other Long-Term Assets	342.14	467.71	337.53	340.01	334.46	280.66
Total Assets	2,443	3,048	2,737	2,875	2,798	2,700
Accrued Expenses	3.09	3.64	5.42	4.34	3.4	3.28
Insurance & Annuity Liabilities	1,930	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	11.31	587.57	139.66	304.19	146.02	346.73
Current Portion of Leases	7.32	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	3.83	6.37	5.89	2.74	8.43	13.48
Total Liabilities	1,976	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	-124.97	596.6	805.27	892.78	857.94	842.25
Comprehensive Income & Other	-106.85	-53.97	-126.55	-125.18	-68.04	-97.42
Shareholders' Equity	467.34	1,242	1,368	1,447	1,469	1,424
Total Liabilities & Equity	2,443	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	7.32	10.37	2.86	-	0.77	1.49
Net Cash (Debt)	81.55	26.83	9.91	81.72	155.03	39.65
Net Cash Growth	436.31%	170.90%	-87.88%	-47.28%	291.01%	17.31%
Net Cash Per Share	0.13	0.04	0.02	0.13	0.25	0.06
Book Value Per Share	0.75	2.00	2.21	2.33	2.37	2.30
Tangible Book Value	429.1	1,200	1,332	1,412	1,430	1,386
Tangible Book Value Per Share	0.69	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.