Express Insurance Limited (DSE: EIL)

Express Insurance 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	55	50	45	45	45	25
Investments in Equity & Preferred Securities	106.57	146.45	139.99	151.28	87.16	35.86
Other Investments	25.51	19.36	20.27	10	10	-
Total Investments	187.08	215.81	205.26	206.28	142.16	60.86
Cash & Equivalents	1,201	1,203	1,166	1,089	946.03	574.42
Reinsurance Recoverable	137.24	132.23	120.52	107.62	95.91	84.13
Other Receivables	26.82	26.08	28.79	18.63	18.66	13.28
Property, Plant & Equipment	271.2	275.01	254.27	203.96	181.7	166.08
Other Current Assets	435.53	356.46	331.76	350.58	322.25	289.13
Other Long-Term Assets	1.89	1.2	1.98	0.99	2.13	2.41
Total Assets	2,261	2,209	2,108	1,977	1,709	1,190
Accrued Expenses	9.16	24.48	20.55	12.49	11.05	21.07
Insurance & Annuity Liabilities	0.79	0.8	0.72	7.6	-	-
Unpaid Claims	68.77	93.23	97.17	70.27	37.27	4.92
Unearned Premiums	8.17	20.06	77.04	104.89	81.37	6.04
Reinsurance Payable	376.52	365.65	287.21	228.2	158.78	90.86
Current Portion of Leases	-	60.22	44.18	24.62	19.11	12.07
Current Income Taxes Payable	279.58	263.17	255.21	243.45	218.08	207.13
Other Current Liabilities	81.75	0.49	0.49	1.01	0.06	0.07
Other Long-Term Liabilities	159.92	134.76	130.62	146.62	148.82	120.87
Total Liabilities	1,005	987.07	939.29	862.44	697.21	484.61
Common Stock	651.97	651.97	651.97	651.97	651.97	391.18
Retained Earnings	499.12	464.55	409.38	386.14	281.89	235.15
Comprensive Income & Other	104.77	105.83	107.72	76.21	77.77	79.36
Shareholders' Equity	1,256	1,222	1,169	1,114	1,012	705.69
Total Liabilities & Equity	2,261	2,209	2,108	1,977	1,709	1,190
Filing Date Shares Outstanding	65.2	65.2	65.2	65.2	65.2	39.12
Total Common Shares Outstanding	65.2	65.2	65.2	65.2	65.2	39.12
Total Debt	-	60.22	44.18	24.62	19.11	12.07
Net Cash (Debt)	1,201	1,142	1,122	1,064	926.92	562.35
Net Cash Growth	1.71%	1.86%	5.41%	14.80%	64.83%	4.48%
Net Cash Per Share	18.42	17.52	17.20	16.32	17.41	14.38
Book Value Per Share	19.26	18.75	17.93	17.09	15.52	18.04
Tangible Book Value	1,256	1,222	1,169	1,114	1,012	705.69
Tangible Book Value Per Share	19.26	18.75	17.93	17.09	15.52	18.04
Land	-	189.09	189.09	149.91	149.91	149.91
Machinery	-	122.44	108.17	104.06	82.59	63.1

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