Thaire Life Assurance PCL Balance Sheet

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

Millions THB. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	1,305	1,261	1,577	1,219	259.02	1,184
Investments in Equity & Preferred Securities	278.36	201.52	296.85	575.75	575.86	699.32
Other Investments	-	-	-	-	1,047	-
Total Investments	1,583	1,463	1,874	1,795	1,882	1,883
Cash & Equivalents	31.73	30.83	37.21	12.77	81.72	155.79
Reinsurance Recoverable	31.92	142.44	78.28	195.36	168.91	70.86
Other Receivables	64.79	64.18	155.29	10.46	20.46	16.94
Deferred Policy Acquisition Cost	-	-	-	145.7	-	-
Property, Plant & Equipment	17.28	18.87	22.84	5.49	47.22	54.44
Other Intangible Assets	34.65	36.5	41.72	36.1	35.13	38.73
Other Current Assets	-	-	-	110.12	104.42	64.18
Long-Term Deferred Tax Assets	296.38	278.08	256.49	89.06	73.58	67.67
Long-Term Deferred Charges	-	-	-	-	121.93	111.4
Other Long-Term Assets	344.16	337.67	329.96	337.53	340.01	334.46
Total Assets	2,404	2,372	2,795	2,737	2,875	2,798
Accrued Expenses	1.66	2.29	1.32	5.42	4.34	3.4
Insurance & Annuity Liabilities	1,902	1,668	2,154	487.54	541.32	513.27
Unpaid Claims	-	-	-	62.77	24.79	141.98
Unearned Premiums	-	-	-	643.05	518.31	493.39
Reinsurance Payable	20.68	169.46	16.93	139.66	304.19	146.02
Current Portion of Leases	-	4.29	-	2.86	-	0.77
Current Income Taxes Payable	-	-	-	-	15.59	3.19
Long-Term Leases	5.23	2	10.37	-	-	-
Other Long-Term Liabilities	3.89	4.2	6.21	5.89	2.74	8.43
Total Liabilities	1,953	1,871	2,209	1,369	1,429	1,328
Common Stock	620	620	620	610	600	600
Additional Paid-In Capital	79.17	79.17	79.17	79.16	79.16	79.16
Retained Earnings	-208.07	-116.76	-22.94	805.27	892.78	857.94
Comprehensive Income & Other	-40.74	-81.78	-89.48	-126.55	-125.18	-68.04
Shareholders' Equity	450.36	500.63	586.74	1,368	1,447	1,469
Total Liabilities & Equity	2,404	2,372	2,795	2,737	2,875	2,798
Filing Date Shares Outstanding	620	620	620	620	620	620
Total Common Shares Outstanding	620	620	620	620	620	620
Total Debt	5.23	6.28	10.37	2.86	-	0.77
Net Cash (Debt)	26.5	24.55	26.83	9.91	81.72	155.03
Net Cash Growth	-33.56%	-8.51%	170.90%	-87.88%	-47.28%	291.01%
Net Cash Per Share	0.04	0.04	0.04	0.02	0.13	0.25
Book Value Per Share	0.73	0.81	0.95	2.21	2.33	2.37
Tangible Book Value	415.7	464.13	545.03	1,332	1,412	1,430
Tangible Book Value Per Share	0.67	0.75	0.88	2.15	2.28	2.31
Land	-	-	-	-	17.64	17.64
Buildings	-	-	-	-	44.21	44.21
Machinery	-	22.33	19.53	17.28	23.91	23.06
Construction In Progress	-	-	-	0.19	-	-
Leasehold Improvements	-	11.02	10.93	-	-	-