Wafa Assurance SA (CBSE: WAA)

Wafa Assurance Balance Sheet

Financials in millions MAD. 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	-	-	-	-	-	11,516
Investments in Equity & Preferred Securities	-	-	-	-	-	18,478
Other Investments	53,916	51,691	47,046	49,186	44,565	2,964
Total Investments	55,154	52,904	48,246	50,110	45,366	33,597
Cash & Equivalents	682.29	1,019	958.12	528.82	678.13	377.04
Reinsurance Recoverable	3,131	2,645	2,309	2,345	1,987	-
Other Receivables	8,515	6,598	6,327	4,912	4,969	4,644
Separate Account Assets	1,049	1,132	1,240	1,362	680.86	-
Property, Plant & Equipment	230.14	243.86	167.03	175.7	183.38	104.11
Goodwill	4.66	4.66	4.66	4.66	4.66	-
Other Intangible Assets	135.28	135.75	127.16	118.11	102.33	133.89
Other Current Assets	-	-	-	-	-	1,767
Long-Term Deferred Tax Assets	16.57	30.34	45.08	14.33	77.85	-
Long-Term Deferred Charges	-	-	-	-	-	22.91
Other Long-Term Assets	2.82	2.86	4.9	4.66	11.48	1,867
Total Assets	68,920	64,715	59,428	59,575	54,061	42,512
Accounts Payable	-	-	-	-	-	0.11
Accrued Expenses	-	-	-	-	-	907.62
Insurance & Annuity Liabilities	38,526	36,710	33,459	33,008	30,506	24,259
Unpaid Claims	10,551	10,822	10,700	10,430	9,494	9,677
Unearned Premiums	1,770	1,132	1,103	1,019	913.86	742.73
Reinsurance Payable	2,749	1,869	1,640	1,579	1,661	286.58
Current Income Taxes Payable	700.04	761.8	786.84	624.7	748.06	-
Long-Term Debt	295.53	521.6	187.56	608.29	203.41	3.11
Long-Term Deferred Tax Liabilities	1,718	1,216	675.31	1,325	812.94	-
Other Current Liabilities	-	-	-	-	-	638.69
Other Long-Term Liabilities	2,176	2,174	2,559	1,562	1,311	-
Total Liabilities	58,485	55,206	51,110	50,156	45,651	36,515
Common Stock	350	350	350	350	350	350
Retained Earnings	6,768	6,625	6,379	6,037	5,933	5,072
Comprehensive Income & Other	3,051	2,257	1,328	2,808	1,924	576
Total Common Equity	10,170	9,233	8,057	9,195	8,206	5,998
Minority Interest	265.49	276.59	260.87	223.99	203.79	-
Shareholders' Equity	10,435	9,509	8,317	9,419	8,410	5,998
Total Liabilities & Equity	68,920	64,715	59,428	59,575	54,061	42,512
Filing Date Shares Outstanding	3.49	3.48	3.49	3.5	3.51	-
Total Common Shares Outstanding	3.49	3.48	3.49	3.5	3.51	-
Total Debt	295.53	521.6	187.56	608.29	203.41	3.11
Net Cash (Debt)	386.76	497.26	770.56	-79.46	474.72	373.93
Net Cash Growth	-28.49%	-35.47%	-	-	26.95%	-11.37%
Net Cash Per Share	110.94	142.39	220.42	-22.67	135.15	-
Book Value Per Share	2911.65	2653.27	2310.19	2628.26	2336.25	-
Tangible Book Value	10,030	9,092	7,925	9,072	8,099	5,864
Tangible Book Value Per Share	2871.58	2612.92	2272.39	2593.17	2305.79	-

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