LOLC General Insurance PLC (COSE:LGIL.N0000)

LOLC General Insurance Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Debt Securities	-	10,562	7,575	4,919	5,063
Investments in Equity & Preferred Securities	114.24	28.37	67.77	67.58	-
Other Investments	12,429	2,307	1,427	2,035	833.01
Total Investments	12,543	12,947	9,070	8,511	6,785
Cash & Equivalents	2,482	823.87	467.76	335.99	106.39
Reinsurance Recoverable	3,809	2,908	1,532	1,083	1,312
Other Receivables	2,476	2,221	2,111	1,348	1,151
Deferred Policy Acquisition Cost	284.36	252.45	221.89	169.67	172.42
Property, Plant & Equipment	585.06	349.28	327.68	353.07	271.42
Other Intangible Assets	13.28	11.94	8.62	18.25	25.81
Other Current Assets	-	85.59	99	86.05	45.34
Long-Term Deferred Tax Assets	-	-	613.88	93.03	22.53
Other Long-Term Assets	199.98	9.14	11.2	2.35	0.44
Total Assets	22,393	19,609	14,463	12,001	9,891
Accrued Expenses	-	419.49	342.74	168.94	133.74
Insurance & Annuity Liabilities	11,669	212.11	220.87	131.75	108.51
Unpaid Claims	-	4,147	2,653	2,076	1,615
Unearned Premiums	306.41	5,586	4,792	4,175	3,514
Reinsurance Payable	946.54	1,354	860.77	501.69	555.94
Current Portion of Leases	-	43.47	211.52	66.37	22.42
Short-Term Debt	250.23	229.08	2.83	0.99	-
Current Income Taxes Payable	331.32	529.47	662.23	191.96	398.7
Long-Term Debt	137.65	141.63	150.85	78.2	-
Long-Term Leases	311.61	107.15	113.07	271.16	231.46
Long-Term Deferred Tax Liabilities	30.98	30.98	-	-	-
Other Current Liabilities	1,359	628.59	342.97	289.29	201.05
Other Long-Term Liabilities	0	-	-	-	-
Total Liabilities	15,412	13,487	10,406	7,997	6,828
Common Stock	800	800	800	800	700
Retained Earnings	5,498	5,073	4,395	3,391	2,290
Comprehensive Income & Other	683.12	248.46	-1,138	-186.77	73.4
Shareholders' Equity	6,981	6,122	4,057	4,004	3,064
Total Liabilities & Equity	22,393	19,609	14,463	12,001	9,891
Filing Date Shares Outstanding	1,200	1,200	1,200	1,200	1,050
Total Common Shares Outstanding	1,200	1,200	1,200	1,200	1,050
Total Debt	699.49	521.33	478.27	416.72	253.88
Net Cash (Debt)	1,783	302.54	-10.51	-80.73	-147.49
Net Cash Growth	489.18%	-	-	-	-
Net Cash Per Share	1.49	0.25	-0.01	-0.07	-0.12
Book Value Per Share	5.82	5.10	3.38	3.34	2.92
Tangible Book Value	6,968	6,110	4,048	3,986	3,038
Tangible Book Value Per Share	5.81	5.09	3.37	3.32	2.89
Land	-	47	-	-	-
Buildings	-	42.04	-	-	-
Machinery	-	372.74	323.01	264	188.98

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.