Union Assurance PLC (COSE:UAL.N0000)

Union Assurance Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Investments in Debt Securities	47,091	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	3,089	2,858	2,651	2,368	2,118	1,932
Other Investments	35,989	1,880	4,051	278.57	2,239	6,276
Total Investments	98,942	111,111	100,638	87,834	68,277	62,774
Cash & Equivalents	1,492	1,698	1,614	839.48	952.33	969.75
Reinsurance Recoverable	514.02	526.15	418.85	447.56	556.99	969.45
Other Receivables	19,318	1,941	1,600	1,534	1,284	979.93
Property, Plant & Equipment	4,060	3,892	3,611	3,425	3,215	3,168
Other Intangible Assets	7,197	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	131,523	127,249	109,459	95,670	75,969	70,762

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accrued Expenses	-	1,939	1,691	1,675	1,554	1,129
Insurance & Annuity Liabilities	102,545	93,243	77,949	64,589	54,912	48,480
Unpaid Claims	696.38	617.9	529.26	533.02	552.38	465.45
Unearned Premiums	-	0.23	0.42	0.83	1.73	3.32
Reinsurance Payable	633.27	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	187.51	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	545.5	301.09	390.71	275	307.79	292.36
Separate Account Liability	775.93	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	6,851	4,159	1,897	1,734	1,323	1,479
Total Liabilities	112,433	103,876	85,791	71,509	61,755	55,307

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	1,000	1,000	1,000	1,000	1,000	1,000
Retained Earnings	13,763	16,205	15,780	17,187	13,425	11,970
Comprehensive Income & Other	4,327	6,167	6,888	5,974	-210.98	2,485
Shareholders' Equity	19,090	23,373	23,668	24,161	14,214	15,455
Total Liabilities & Equity	131,523	127,249	109,459	95,670	75,969	70,762

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
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	733.01	709.66	741.45	545.1	677.2	670.63
Net Cash (Debt)	758.66	988.48	872.96	294.38	275.13	299.12
Net Cash Growth	101.54%	13.23%	196.55%	6.99%	-8.02%	-47.27%
Net Cash Per Share	1.29	1.68	1.48	0.50	0.47	0.51
Book Value Per Share	32.40	39.66	40.16	41.00	24.12	26.23
Tangible Book Value	11,893	16,098	22,883	23,030	12,903	13,910
Tangible Book Value Per Share	20.18	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

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 10, 2026

Data Sources Report a data error