Minerva Insurance Company Public Ltd (CYS: MINE)

CYS: MINE Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Investments in Debt Securities	-	-	-	-	0.32	1.03
Investments in Equity & Preferred Securities	0.54	0.52	0.43	0.44	-	-
Policy Loans	-	-	-	0.58	0.55	0.48
Other Investments	0.44	0.44	2.88	4.8	3.51	1.69
Total Investments	22.75	22.25	18.97	17.91	15.69	15.66
Cash & Equivalents	1	0.79	1.34	2.1	3.19	4.17
Reinsurance Recoverable	4.03	3.23	3.74	2.42	2.2	2.13
Other Receivables	1.6	1.83	1.69	5.16	5.3	5.34
Deferred Policy Acquisition Cost	-	-	-	3.01	2.79	2.46
Property, Plant & Equipment	5.27	5.46	5.68	5.62	5.74	3.51
Other Intangible Assets	0.09	0.09	0.06	0.04	0.1	0.17
Restricted Cash	1.58	1.28	1.27	1.27	1.26	0.96
Total Assets	36.33	34.93	32.74	37.53	36.29	34.41
Accounts Payable	-	1.09	0.79	-	-	-
Accrued Expenses	-	-	-	0.08	0.01	0.22
Insurance & Annuity Liabilities	16.3	15.9	18.49	14.14	14.16	13.72
Unearned Premiums	-	-	-	8.59	7.63	7.09
Reinsurance Payable	-	-	-	0.56	0.38	0.6
Current Portion of Long-Term Debt	0.38	0.1	0.39	0.28	0.38	0.4
Current Portion of Leases	0.22	0.23	0.24	0.24	0.21	0.2
Short-Term Debt	1.09	2.99	-	0.6	0.34	0.23
Current Income Taxes Payable	0.16	0.16	0.05	0.05	0.05	0.05
Long-Term Debt	3.3	0.65	0.77	0.7	2.41	2.74
Long-Term Leases	0.3	0.41	0.69	0.59	0.81	0.81
Long-Term Deferred Tax Liabilities	0.84	0.84	0.85	0.92	0.89	0.76
Other Current Liabilities	1.04	-	-	0.74	1.72	0.61
Total Liabilities	23.63	22.36	22.26	27.49	28.99	27.44
Common Stock	3.28	3.28	3.28	3.28	17	13.33
Additional Paid-In Capital	1.61	1.61	1.61	1.61	0.65	4.32
Retained Earnings	3.49	3.17	1.14	0.55	-14.69	-14.85
Comprehensive Income & Other	4.32	4.51	4.45	4.6	4.34	4.17
Shareholders' Equity	12.7	12.57	10.48	10.04	7.3	6.97
Total Liabilities & Equity	36.33	34.93	32.74	37.53	36.29	34.41
Filing Date Shares Outstanding	328.12	328.12	328.12	328.12	100	100
Total Common Shares Outstanding	328.12	328.12	328.12	328.12	100	100
Total Debt	5.29	4.38	2.08	2.41	4.16	4.39
Net Cash (Debt)	-4.29	-3.58	-0.74	-0.31	-0.96	-0.21
Net Cash Per Share	-0.01	-0.01	-0.00	-0.00	-0.01	-0.00
Book Value Per Share	0.04	0.04	0.03	0.03	0.07	0.07
Tangible Book Value	12.61	12.48	10.42	10	7.2	6.8
Tangible Book Value Per Share	0.04	0.04	0.03	0.03	0.07	0.07
Land	-	4.28	4.28	4.13	3.89	1.84
Machinery	4.13	4.1	3.82	3.75	3.68	3.33

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