Thaire Life Assurance PCL (BKK:THREL)

Thaire Life Assurance PCL Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Debt Securities	1,577	1,219	259.02	1,184	971.89
Investments in Equity & Preferred Securities	296.85	575.75	575.86	699.32	615.67
Other Investments	-	-	1,047	-	-
Total Investments	1,874	1,795	1,882	1,883	1,667
Cash & Equivalents	37.21	12.77	81.72	155.79	41.13
Reinsurance Recoverable	174.78	195.36	168.91	70.86	335.27
Other Receivables	11.34	10.46	20.46	16.94	21.51
Deferred Policy Acquisition Cost	149.24	145.7	-	-	-
Property, Plant & Equipment	22.84	5.49	47.22	54.44	51.07
Other Intangible Assets	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	113.94	89.06	73.58	67.67	85.88
Long-Term Deferred Charges	-	-	121.93	111.4	80.76
Other Long-Term Assets	467.71	337.53	340.01	334.46	280.66
Total Assets	3,048	2,737	2,875	2,798	2,700
Accrued Expenses	3.64	5.42	4.34	3.4	3.28
Insurance & Annuity Liabilities	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	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	6.37	5.89	2.74	8.43	13.48
Total Liabilities	1,806	1,369	1,429	1,328	1,276
Common Stock	620	610	600	600	600
Additional Paid-In Capital	79.17	79.16	79.16	79.16	79.16
Retained Earnings	596.6	805.27	892.78	857.94	842.25
Comprehensive Income & Other	-53.97	-126.55	-125.18	-68.04	-97.42
Shareholders' Equity	1,242	1,368	1,447	1,469	1,424
Total Liabilities & Equity	3,048	2,737	2,875	2,798	2,700
Filing Date Shares Outstanding	620	620	620	620	620
Total Common Shares Outstanding	620	620	620	620	620
Total Debt	10.37	2.86	-	0.77	1.49
Net Cash (Debt)	26.83	9.91	81.72	155.03	39.65
Net Cash Growth	170.90%	-87.88%	-47.28%	291.01%	17.31%
Net Cash Per Share	0.04	0.02	0.13	0.25	0.06
Book Value Per Share	2.00	2.21	2.33	2.37	2.30
Tangible Book Value	1,200	1,332	1,412	1,430	1,386
Tangible Book Value Per Share	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.