Topdanmark A/S (CPH: TOP)

Topdanmark Balance Sheet

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

Fiscal Year	TTM	2023	2022	2021	2020	2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Investments in Equity & Preferred Securities	752	60	53	2,324	1,741	1,668
Total Investments	15,647	14,992	15,053	43,479	53,615	54,631
Cash & Equivalents	533	476	4,105	3,756	5,835	3,295
Reinsurance Recoverable	603	587	591	782	612	736
Other Receivables	284	352	284	1,274	1,534	1,164
Separate Account Assets	-	-	-	68,149	44,997	36,104
Property, Plant & Equipment	867	874	832	902	946	948
Goodwill	-	2,211	441	441	441	441
Other Intangible Assets	4,215	1,867	873	1,200	1,045	850
Other Current Assets	525	420	359	218	210	219
Long-Term Deferred Tax Assets	15	27	49	86	33	25
Other Long-Term Assets	21	20	16	81	20	29
Total Assets	22,710	21,826	22,603	120,368	109,288	98,442
Accrued Expenses	46	70	49	108	103	94
Insurance & Annuity Liabilities	15,288	13,939	13,235	25,686	25,216	25,395
Unpaid Claims	-	-	-	13,994	13,364	13,071
Unearned Premiums	-	-	-	1,446	1,590	1,849
Reinsurance Payable	-	-	-	53	56	95
Current Income Taxes Payable	98	20	108	84	60	27
Long-Term Debt	1,167	1,170	1,271	2,351	3,099	1,902
Long-Term Deferred Tax Liabilities	474	519	275	400	389	377
Separate Account Liability	-	-	-	65,749	55,790	46,656
Other Current Liabilities	302	272	236	605	983	679
Other Long-Term Liabilities	1,059	1,094	1,060	2,465	1,728	1,870
Total Liabilities	18,454	17,104	16,254	112,969	102,409	92,045
Common Stock	90	90	90	90	90	90
Retained Earnings	3,014	3,488	5,123	6,078	5,563	5,089
Comprensive Income & Other	1,152	1,144	1,136	1,231	1,226	1,218
Shareholders' Equity	4,256	4,722	6,349	7,399	6,879	6,397
Total Liabilities & Equity	22,710	21,826	22,603	120,368	109,288	98,442
Filing Date Shares Outstanding	88.91	88.75	88.64	88.12	87.6	87.19
Total Common Shares Outstanding	88.91	88.75	88.52	87.98	87.49	87.07
Total Debt	1,167	1,170	1,271	2,351	3,099	1,902
Net Cash (Debt)	-634	-694	2,834	1,405	2,736	1,393
Net Cash Growth	-	-	101.71%	-48.65%	96.41%	-47.33%
Net Cash Per Share	-7.14	-7.81	32.02	15.98	31.28	15.97
Book Value Per Share	47.87	53.21	71.73	84.10	78.63	73.47
Tangible Book Value	41	644	5,035	5,758	5,393	5,106
Tangible Book Value Per Share	0.46	7.26	56.88	65.45	61.64	58.64
Machinery	-	435	364	384	375	349

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