Softlogic Life Insurance Balance Sheet

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

Millions LKR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Investments in Debt Securities	32,529	34,822	36,308	19,538	16,889	7,625
Investments in Equity & Preferred Securities	3,141	2,087	1,437	2,194	2,464	1,873
Policy Loans	336.76	331.3	265.06	224.2	234.46	224.67
Other Investments	5,898	1,964	1,403	7,251	3,911	715.93
Total Investments	47,288	43,832	42,865	34,442	27,602	15,135
Cash & Equivalents	1,380	1,100	739.94	696.92	554.36	377.09
Reinsurance Recoverable	623.32	465.21	568.38	231.59	323.29	188.13
Other Receivables	3,634	2,451	1,767	984.06	867.54	786.19
Property, Plant & Equipment	1,314	1,319	1,136	1,234	1,413	1,084
Other Intangible Assets	1.97	2.36	2.57	1.36	0.4	0.44
Other Current Assets	-	928.57	1,021	885.87	694.83	829.26
Long-Term Deferred Tax Assets	832.74	838.94	-	675.16	1,622	2,231
Other Long-Term Assets	-	403.17	148.37	107.05	128.3	52.07
Total Assets	55,074	51,339	48,248	39,258	33,206	20,683
Accrued Expenses	-	1,801	2,027	1,715	1,016	835.34
Insurance & Annuity Liabilities	29,135	27,202	24,469	20,880	16,841	9,739
Unpaid Claims	925.21	723.61	869.8	612.45	642.63	638.02
Unearned Premiums	-	248.91	231.55	218.08	157.16	110.25
Reinsurance Payable	1,012	718.86	2,246	1,040	636.06	428.56
Current Portion of Long-Term Debt	-	155.34	153.81	53.74	52.5	-
Current Portion of Leases	-	357.4	335.14	218.4	200.78	85.39
Short-Term Debt	411.84	376.69	308.32	290.55	225.39	176.27
Current Income Taxes Payable	-	927.17	801.03	-	2.43	2.13
Long-Term Debt	4,730	4,860	5,490	3,011	2,800	-
Long-Term Leases	-	249.12	254.9	435.03	550.29	283.04
Other Current Liabilities	-	197.08	38.41	48.17	20.69	62.51
Other Long-Term Liabilities	4,155	-	-	-	-	-
Total Liabilities	40,656	38,006	37,375	28,669	23,270	12,464
Common Stock	1,063	1,063	1,063	1,063	1,063	1,063
Retained Earnings	15,066	14,416	12,911	11,252	10,088	8,562
Comprensive Income & Other	-1,710	-2,145	-3,100	-1,726	-1,215	-1,406
Shareholders' Equity	14,418	13,333	10,873	10,588	9,936	8,219
Total Liabilities & Equity	55,074	51,339	48,248	39,258	33,206	20,683
Filing Date Shares Outstanding	375	375	375	375	375	375
Total Common Shares Outstanding	375	375	375	375	375	375
Total Debt	5,142	5,998	6,542	4,009	3,829	544.71
Net Cash (Debt)	-3,762	-4,899	-5,802	-3,312	-3,274	-167.61
Net Cash Per Share	-10.03	-13.06	-15.47	-8.83	-8.73	-0.45
Book Value Per Share	38.45	35.56	28.99	28.24	26.50	21.92
Tangible Book Value	14,416	13,331	10,870	10,587	9,936	8,218
Tangible Book Value Per Share	38.44	35.55	28.99	28.23	26.50	21.92
Land	-	180	160	160	160	160
Buildings	-	131	128.13	128.13	106	106
Machinery	-	1,513	1,296	1,201	1,160	1,028

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