Ceylinco Insurance PLC (COSE: CINS.N0000)

Ceylinco Insurance Balance Sheet

Financials in millions LKR. 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	119,958	112,058	117,196	93,039	83,973	82,226
Investments in Equity & Preferred Securities	10,260	9,397	9,667	7,489	6,078	4,953
Policy Loans	2,903	2,931	2,704	1,562	1,283	1,335
Other Investments	12,449	14,747	62,488	76,550	57,961	42,830
Total Investments	160,099	147,420	195,927	181,535	154,582	134,865
Cash & Equivalents	2,930	2,878	1,731	1,507	1,641	1,128
Reinsurance Recoverable	6,522	6,758	6,572	6,036	4,201	3,538
Other Receivables	95,995	95,120	11,936	8,181	8,539	8,407
Deferred Policy Acquisition Cost	1,310	1,439	1,286	1,155	1,077	1,070
Property, Plant & Equipment	33,526	31,979	29,334	23,877	23,089	23,027
Goodwill	372.38	372.38	372.38	181.3	181.3	181.3
Other Intangible Assets	265.18	299.76	367.18	319.88	388.71	398.23
Other Current Assets	-	-	2,795	759.05	742.36	1,006
Long-Term Deferred Tax Assets	42.86	30.67	119.93	8.96	146.34	4.6
Other Long-Term Assets	14,783	13,516	11,239	8,778	6,552	6,275
Total Assets	315,845	299,813	261,680	232,338	201,140	179,900
Accounts Payable	15,764	14,479	4,515	4,166	3,496	4,032
Accrued Expenses	-	-	3,360	2,888	2,684	1,798
Insurance & Annuity Liabilities	186,399	174,058	134,695	119,467	106,540	95,933
Unpaid Claims	-	-	8,395	8,002	5,619	4,885
Unearned Premiums	-	-	8,278	8,294	8,403	8,359
Reinsurance Payable	8,957	8,864	10,425	5,911	4,561	3,489
Current Portion of Leases	-	-	375.3	282.26	281.25	220.81
Short-Term Debt	-	-	2,430	2,304	1,359	1,788
Current Income Taxes Payable	-	-	2,055	1,510	1,291	735.27
Long-Term Debt	5,053	6,438	1,138	3,775	713.07	887.22
Long-Term Leases	-	-	465.99	623.63	772.81	721.89
Long-Term Deferred Tax Liabilities	2,521	2,604	2,462	1,500	1,172	964.42
Total Liabilities	220,099	207,885	179,785	159,608	137,718	124,520
Common Stock	1,325	1,325	1,323	1,323	1,323	1,323
Additional Paid-In Capital	-	-	2.29	2.29	2.29	2.29
Retained Earnings	84,036	80,935	72,227	63,412	54,147	47,015
Comprensive Income & Other	6,148	5,909	5,069	5,449	5,627	4,716
Total Common Equity	91,509	88,168	78,620	70,186	61,099	53,056
Minority Interest	4,238	3,759	3,275	2,544	2,323	2,324
Shareholders' Equity	95,747	91,928	81,895	72,730	63,422	55,380
Total Liabilities & Equity	315,845	299,813	261,680	232,338	201,140	179,900
Filing Date Shares Outstanding	26.41	26.41	26.41	26.41	26.41	26.41
Total Common Shares Outstanding	26.41	26.41	26.41	26.41	26.41	26.41
Total Debt	5,053	6,438	4,409	6,985	3,126	3,618
Net Cash (Debt)	-2,123	-3,560	-2,678	-5,478	-1,485	-2,490
Net Cash Per Share	-80.39	-134.79	-101.38	-207.37	-56.22	-94.27
Book Value Per Share	3464.34	3337.88	2976.41	2657.10	2313.07	2008.60
Tangible Book Value	90,871	87,496	77,881	69,685	60,529	52,476
Tangible Book Value Per Share	3440.20	3312.43	2948.41	2638.12	2291.49	1986.66
Land	-	-	14,444	10,501	9,731	9,554
Buildings	-	-	9,851	7,869	7,728	7,540
Machinery	-	-	9,537	9,573	9,388	9,593
Construction In Progress	-	-	364.18	861.58	352.61	296.52

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