Grupo de Inversiones Suramericana S.A. (BVC: GRUPOSURA)

GRUPOSURA Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Investments in Debt Securities	-	-	-	-	-	12,845,582
Investments in Equity & Preferred Securities	20,026,469	18,346,056	23,224,779	-	19,836,275	20,565,199
Other Investments	40,891,024	39,039,403	35,973,060	47,106,171	23,927,463	-
Total Investments	60,917,493	57,768,411	59,633,674	47,106,171	44,348,467	44,341,825
Cash & Equivalents	2,671,725	3,305,577	3,569,969	2,282,924	3,148,873	2,256,625
Reinsurance Recoverable	6,025,319	6,657,451	8,148,900	5,349,329	4,792,079	4,607,155
Other Receivables	8,041,328	8,029,983	9,253,171	7,326,507	6,508,137	5,428,063
Deferred Policy Acquisition Cost	1,609,983	1,597,574	2,132,816	1,681,436	1,516,386	1,331,711
Property, Plant & Equipment	1,910,587	1,846,134	1,991,323	1,880,033	1,830,046	1,954,657
Goodwill	5,301,311	5,238,231	6,393,147	5,011,585	4,868,020	4,721,695
Other Intangible Assets	3,036,119	3,308,064	4,039,898	2,801,546	2,790,345	2,857,006
Restricted Cash	-	30,351	26,090	-	162,352	89,532
Other Current Assets	341,773	4,364,563	286,102	1,528,864	596,445	1,204,854
Long-Term Deferred Tax Assets	269,432	81,504	517,426	272,933	130,205	194,114
Other Long-Term Assets	1,349,668	1,121,851	2,082,143	660,356	56,749	50,593
Total Assets	91,582,379	93,504,778	98,393,465	75,901,684	70,860,134	69,037,830
Accounts Payable	902,754	1,176,497	972,655	2,394,267	2,131,513	444,381
Accrued Expenses	869,928	1,485,314	1,852,895	-	456,868	1,391,848
Insurance & Annuity Liabilities	16,996,640	15,724,050	13,634,322	26,625,933	6,837,248	8,427,965
Unpaid Claims	11,612,932	12,333,259	12,303,101	-	8,186,049	7,454,850
Unearned Premiums	10,292,092	9,856,470	12,073,540	-	8,901,647	7,860,945
Reinsurance Payable	1,522,571	1,726,044	2,051,354	1,592,429	1,313,544	1,230,672
Current Portion of Long-Term Debt	1,354,559	2,992,827	807,122	-	2,013,750	1,510,874
Current Portion of Leases	-	89,322	83,281	-	-	102,068
Current Income Taxes Payable	818,391	212,315	122,593	126,665	165,204	95,886
Long-Term Debt	10,040,577	7,251,269	10,106,290	10,047,295	8,714,799	8,377,830
Long-Term Leases	496,144	337,090	430,138	501,746	531,354	564,595
Long-Term Deferred Tax Liabilities	687,699	1,864,262	1,476,208	1,473,520	1,451,655	1,456,369
Other Current Liabilities	1,577,727	261,243	124,393	321,959	106,676	373,435
Other Long-Term Liabilities	3,758,551	5,215,356	5,697,682	3,122,046	544,171	1,002,668
Total Liabilities	62,714,734	61,069,540	62,611,643	47,289,864	42,318,409	40,946,828
Common Stock	109,121	109,121	109,121	109,121	109,121	109,121
Additional Paid-In Capital	3,290,767	3,290,767	3,290,767	3,290,767	3,290,767	3,290,767
Retained Earnings	15,783,080	14,195,273	13,745,245	14,881,230	14,281,835	19,812,272
Comprensive Income & Other	7,599,188	12,807,088	16,582,582	9,629,206	8,323,109	2,424,607
Total Common Equity	26,782,156	30,402,249	33,727,715	27,910,324	26,004,832	25,636,767
Minority Interest	2,085,489	2,032,989	2,054,107	701,496	2,536,893	2,454,235
Shareholders' Equity	28,867,645	32,435,238	35,781,822	28,611,820	28,541,725	28,091,002
Total Liabilities & Equity	91,582,379	93,504,778	98,393,465	75,901,684	70,860,134	69,037,830
Filing Date Shares Outstanding	432.34	579.23	579.23	579.23	581.98	581.98
Total Common Shares Outstanding	432.34	579.23	579.23	579.23	581.98	581.98
Total Debt	11,891,280	10,670,508	11,426,831	10,549,041	11,259,903	10,555,367
Net Cash (Debt)	-9,219,555	-7,364,931	-7,856,862	-8,266,117	-8,111,030	-8,298,742
Net Cash Per Share	-21324.83	-12715.06	-13564.35	-14270.90	-13937.02	-14259.56
Book Value Per Share	61947.11	52487.45	58228.65	48185.31	44683.57	44051.13
Tangible Book Value	18,444,726	21,855,954	23,294,670	20,097,193	18,346,467	18,058,066
Tangible Book Value Per Share	42662.64	37732.85	40216.69	34696.46	31524.36	31028.80
Land	-	396,356	407,202	-	-	397,965
Buildings	-	876,374	910,983	-	-	675,043
Machinery	-	707,724	766,919	-	-	553,511
Construction In Progress	-	24,780	11,549	-	-	44,952
Leasehold Improvements	-	519	5,072	-	-	65,449

Source: S&P Capital IQ. Insurance template. Financial Sources.