Union Assurance Balance Sheet

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

Millions LKR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Investments in Debt Securities	46,946	94,439	83,878	74,186	58,781	46,972
Investments in Equity & Preferred Securities	-	-	2,419	2,046	1,703	1,513
Policy Loans	2,969	2,858	2,651	2,368	2,118	1,932
Other Investments	34,854	1,880	4,051	278.57	2,239	6,276
Total Investments	95,502	111,111	100,638	87,834	68,277	62,774
Cash & Equivalents	1,560	1,698	1,614	839.48	952.33	969.75
Reinsurance Recoverable	525.06	526.15	418.85	447.56	556.99	969.45
Other Receivables	18,424	1,941	1,600	1,534	1,284	979.93
Property, Plant & Equipment	3,985	3,892	3,611	3,425	3,215	3,168
Other Intangible Assets	7,243	7,275	784.6	1,131	1,311	1,546
Other Current Assets	-	805.9	792.43	459.65	371.91	354.8
Total Assets	127,240	127,249	109,459	95,670	75,969	70,762
Accrued Expenses	-	1,939	1,691	1,675	1,554	1,129
Insurance & Annuity Liabilities	96,602	93,243	77,949	64,589	54,912	48,480
Unpaid Claims	618.34	617.9	529.26	533.02	552.38	465.45
Unearned Premiums	-	0.23	0.42	0.83	1.73	3.32
Reinsurance Payable	582.01	603.59	587.67	365.03	636.15	1,038
Current Portion of Leases	-	209.5	216.2	147.54	140.93	128.94
Short-Term Debt	145.25	199.08	134.53	122.56	228.48	249.33
Current Income Taxes Payable	-101.64	-101.64	-79.06	-79.06	-33.92	-27.16
Long-Term Leases	538.78	301.09	390.71	275	307.79	292.36
Separate Account Liability	733.79	807.78	792.18	718.69	746.48	916.19
Other Current Liabilities	-	1,655	1,485	1,267	1,119	931.59
Other Long-Term Liabilities	7,743	4,159	1,897	1,734	1,323	1,479
Total Liabilities	107,151	103,876	85,791	71,509	61,755	55,307
Common Stock	1,000	1,000	1,000	1,000	1,000	1,000
Retained Earnings	13,525	16,205	15,780	17,187	13,425	11,970
Comprehensive Income & Other	5,563	6,167	6,888	5,974	-210.98	2,485
Shareholders' Equity	20,088	23,373	23,668	24,161	14,214	15,455
Total Liabilities & Equity	127,240	127,249	109,459	95,670	75,969	70,762
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	684.02	709.66	741.45	545.1	677.2	670.63
Net Cash (Debt)	875.7	988.48	872.96	294.38	275.13	299.12
Net Cash Growth	-1.36%	13.23%	196.55%	6.99%	-8.02%	-47.27%
Net Cash Per Share	1.48	1.68	1.48	0.50	0.47	0.51
Book Value Per Share	34.09	39.66	40.16	41.00	24.12	26.23
Tangible Book Value	12,845	16,098	22,883	23,030	12,903	13,910
Tangible Book Value Per Share	21.80	27.32	38.83	39.08	21.90	23.60
Land	-	2,265	2,191	2,191	2,055	2,055
Buildings	-	618.03	540.3	540.3	392.96	392.96
Machinery	-	1,413	1,416	1,349	1,285	1,173

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