Union Assurance PLC (COSE:UAL.N0000)

Union Assurance Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Debt Securities	48,103	83,878	74,186	58,781	46,972	40,243
Investments in Equity & Preferred Securities	2,491	2,419	2,046	1,703	1,513	1,387
Policy Loans	2,733	2,651	2,368	2,118	1,932	1,793
Other Investments	22,491	4,051	278.57	2,239	6,276	7,039
Total Investments	83,878	100,638	87,834	68,277	62,774	55,537
Cash & Equivalents	1,576	1,614	839.48	952.33	969.75	960.27
Reinsurance Recoverable	439.74	418.85	447.56	556.99	969.45	492.01
Other Receivables	14,900	1,600	1,534	1,284	979.93	1,094
Property, Plant & Equipment	3,620	3,611	3,425	3,215	3,168	2,687
Other Intangible Assets	7,479	784.6	1,131	1,311	1,546	1,247
Other Current Assets	-	792.43	459.65	371.91	354.8	583.53
Total Assets	111,893	109,459	95,670	75,969	70,762	62,600
Accrued Expenses	-	1,691	1,675	1,554	1,129	776.41
Insurance & Annuity Liabilities	81,326	77,949	64,589	54,912	48,480	41,501
Unpaid Claims	573.94	529.26	533.02	552.38	465.45	380.4
Unearned Premiums	-	0.42	0.83	1.73	3.32	6.46
Reinsurance Payable	755.7	587.67	365.03	636.15	1,038	533.02
Current Portion of Leases	-	216.2	147.54	140.93	128.94	115
Short-Term Debt	116.73	134.53	122.56	228.48	249.33	160.81
Current Income Taxes Payable	-79.06	-79.06	-79.06	-33.92	-27.16	-
Long-Term Leases	571.63	390.71	275	307.79	292.36	117.26
Separate Account Liability	734.4	792.18	718.69	746.48	916.19	1,062
Other Current Liabilities	-	1,485	1,267	1,119	931.59	760.24
Other Long-Term Liabilities	6,814	1,897	1,734	1,323	1,479	1,903
Total Liabilities	91,049	85,791	71,509	61,755	55,307	47,492
Common Stock	1,000	1,000	1,000	1,000	1,000	1,000
Retained Earnings	13,350	15,780	17,187	13,425	11,970	10,738
Comprehensive Income & Other	6,494	6,888	5,974	-210.98	2,485	3,371
Shareholders' Equity	20,844	23,668	24,161	14,214	15,455	15,108
Total Liabilities & Equity	111,893	109,459	95,670	75,969	70,762	62,600
Filing Date Shares Outstanding	589.29	589.29	589.29	589.29	589.29	589.29
Total Common Shares Outstanding	589.29	589.29	589.29	589.29	589.29	589.29
Total Debt	688.36	741.45	545.1	677.2	670.63	393.06
Net Cash (Debt)	887.81	872.96	294.38	275.13	299.12	567.21
Net Cash Growth	78.03%	196.55%	6.99%	-8.02%	-47.27%	223.46%
Net Cash Per Share	1.51	1.48	0.50	0.47	0.51	0.96
Book Value Per Share	35.37	40.16	41.00	24.12	26.23	25.64
Tangible Book Value	13,365	22,883	23,030	12,903	13,910	13,861
Tangible Book Value Per Share	22.68	38.83	39.08	21.90	23.60	23.52
Land	-	2,191	2,191	2,055	2,055	1,894
Buildings	-	540.3	540.3	392.96	392.96	379.98
Machinery	-	1,416	1,349	1,285	1,173	1,001

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