Crystal Insurance Company Limited (DSE:CRYSTALINS)

Crystal Insurance Company Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Debt Securities	124.24	119.21	60	50	30	25
Investments in Equity & Preferred Securities	117.26	117.45	199.09	214.59	216.21	115.44
Other Investments	50	50	50	-	-	-
Total Investments	317.6	313.3	337.89	295.54	279.31	175.7
Cash & Equivalents	58.16	38.83	31.21	1,027	817.14	793.97
Reinsurance Recoverable	154.77	151.53	138.2	126.5	113.6	101.89
Other Receivables	61.96	56.48	14.77	13.14	16.54	15.89
Property, Plant & Equipment	269.8	274	278.21	298.48	310.37	323.81
Restricted Cash	1,073	1,046	1,006	-	-	-
Other Current Assets	114.02	103.06	76.26	63.56	48.22	27.55
Long-Term Deferred Tax Assets	0.27	-	-	-	-	-
Long-Term Deferred Charges	-	-	-	-	-	2.03
Other Long-Term Assets	77.24	76.06	25.03	13.97	13.32	13.47
Total Assets	2,127	2,060	1,907	1,838	1,598	1,454
Accrued Expenses	50.67	51.53	50.98	52.94	35.04	47.04
Insurance & Annuity Liabilities	238.74	227.36	192.5	192.87	158.54	156.67
Unpaid Claims	136.61	131.98	119.81	152.34	67.56	33.82
Unearned Premiums	97.22	96.44	117.83	156.22	142.85	161.55
Reinsurance Payable	281.84	269.6	275.66	214.03	194.56	144.88
Current Income Taxes Payable	137.77	125.51	85.42	71.29	64.67	48.64
Long-Term Leases	21.96	20.66	18.61	11.68	9.28	8.16
Long-Term Deferred Tax Liabilities	-	0.35	1.8	4.68	5.3	6.18
Other Current Liabilities	40.43	5.03	8.74	8.29	7.53	7.03
Other Long-Term Liabilities	-0	1.65	1.44	1.27	1.27	1.27
Total Liabilities	1,005	930.11	872.81	865.62	686.61	615.24
Common Stock	440	440	400	400	400	400
Retained Earnings	719.12	730.49	660.85	578.98	510.02	436.85
Comprehensive Income & Other	-37.2	-41	-26.24	-6.54	1.87	2.22
Shareholders' Equity	1,122	1,129	1,035	972.43	911.89	839.07
Total Liabilities & Equity	2,127	2,060	1,907	1,838	1,598	1,454
Filing Date Shares Outstanding	44	44	44	44	44	44
Total Common Shares Outstanding	44	44	44	44	44	44
Total Debt	21.96	20.66	18.61	11.68	9.28	8.16
Net Cash (Debt)	36.19	18.17	12.6	1,015	807.86	785.81
Net Cash Growth	22.94%	44.24%	-98.76%	25.66%	2.80%	56.50%
Net Cash Per Share	0.82	0.41	0.29	23.07	18.36	17.86
Book Value Per Share	25.50	25.67	23.51	22.10	20.72	19.07
Tangible Book Value	1,122	1,129	1,035	972.43	911.89	839.07
Tangible Book Value Per Share	25.50	25.67	23.51	22.10	20.72	19.07
Land	51.87	51.87	51.87	51.87	51.87	51.87
Machinery	190.47	189.63	164.52	161.53	138.04	116.35

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