Bangladesh General Insurance Company PLC. (DSE: BGIC)

BGIC Balance Sheet

Financials in millions BDT. 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	-	37	37	37	35	25
Investments in Equity & Preferred Securities	-	200.03	203.01	269.12	233.08	179.99
Other Investments	177.18	-	-	-	-	-
Total Investments	177.18	237.03	240.01	306.12	268.08	204.99
Cash & Equivalents	1,077	1,016	982.7	909.12	827.21	888.89
Reinsurance Recoverable	-	219.59	225.95	220.02	281.15	348.14
Other Receivables	472.2	137.84	75.69	77.01	95.62	97.51
Property, Plant & Equipment	170.85	185.42	200.55	170.19	149.41	95.55
Other Current Assets	5.01	13.87	18.96	18.48	25.89	17.34
Long-Term Deferred Tax Assets	-	2.21	1.78	1.09	0.11	-
Other Long-Term Assets	-	4.92	5.57	4.21	4	3.28
Total Assets	1,902	1,817	1,751	1,706	1,651	1,656
Accounts Payable	-	36.68	34.71	28.65	21.01	18.65
Accrued Expenses	-	0.85	1.15	1.5	0.89	1.39
Insurance & Annuity Liabilities	107.11	182.23	170.12	159.87	148.59	183.18
Unpaid Claims	124.85	90.84	114.42	109.21	126.88	139.06
Unearned Premiums	10.43	18.19	16.03	6.16	7.24	5.83
Reinsurance Payable	-	18.49	10.12	8.5	22.26	7.1
Current Portion of Leases	-	26.4	35.47	20.31	20.47	-
Short-Term Debt	-	226.67	174.88	142.08	76.8	162.96
Current Income Taxes Payable	-	116.87	105.86	110.22	110.97	99.98
Long-Term Leases	-	29.35	35.64	27.28	26.33	-
Long-Term Deferred Tax Liabilities	-	-	-	-	-	0.28
Other Current Liabilities	569.27	6.86	9.72	24.64	30.43	18.32
Other Long-Term Liabilities	-	7.37	7.37	7.27	6.25	4.23
Total Liabilities	812.51	760.8	715.51	645.7	604.62	648.49
Common Stock	540.27	540.27	540.27	540.27	540.27	540.27
Additional Paid-In Capital	244.83	244.83	244.83	244.83	244.83	244.83
Retained Earnings	122.31	304.77	306.2	295.79	281.78	273.94
Comprensive Income & Other	182.35	-33.44	-55.59	-20.36	-20.02	-51.82
Shareholders' Equity	1,090	1,056	1,036	1,061	1,047	1,007
Total Liabilities & Equity	1,902	1,817	1,751	1,706	1,651	1,656
Filing Date Shares Outstanding	54.06	54.03	54.03	54.03	54.03	54.03
Total Common Shares Outstanding	54.06	54.03	54.03	54.03	54.03	54.03
Total Debt	-	282.42	246	189.68	123.6	162.96
Net Cash (Debt)	1,077	733.93	736.7	719.44	703.61	725.93
Net Cash Growth	46.97%	-0.38%	2.40%	2.25%	-3.07%	-2.96%
Net Cash Per Share	19.90	13.58	13.64	13.32	13.02	13.44
Book Value Per Share	20.16	19.55	19.17	19.63	19.38	18.64
Tangible Book Value	1,090	1,056	1,036	1,061	1,047	1,007
Tangible Book Value Per Share	20.16	19.55	19.17	19.63	19.38	18.64
Land	-	26.49	26.49	26.49	26.49	26.49
Buildings	-	90.12	90.12	90.12	90.12	90.12
Machinery	-	144.03	139.67	125.03	104.55	110.5

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