Federal Insurance Company Limited (DSE: FEDERALINS)

Federal Insurance Company 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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Investments in Equity & Preferred Securities	-	22.75	22.99	47.74	43.49	35.6
Other Investments	96.81	0.71	0.06	0.99	0.04	0.05
Total Investments	96.81	23.47	23.05	48.73	43.52	35.65
Cash & Equivalents	391.45	467.87	495.13	492.63	362.58	261.3
Reinsurance Recoverable	450.26	411.46	371.62	366.48	392.83	432.46
Other Receivables	370.39	40.06	43.09	43.79	46.22	44.25
Property, Plant & Equipment	194.27	175.56	187.36	192.99	171.19	63.37
Other Intangible Assets	1.61	1.52	1.53	1.6	1.78	0.95
Other Current Assets	-	268.54	250.52	385.04	389.99	488.55
Long-Term Deferred Tax Assets	5.01	5.01	3.28	2.36	3.16	0.29
Other Long-Term Assets	2.05	96.06	95.46	82.83	88.13	58.49
Total Assets	1,512	1,490	1,471	1,616	1,499	1,385
Accrued Expenses	-	31.66	32.26	28.1	20.67	11.76
Insurance & Annuity Liabilities	156.5	150.94	153.88	157.07	141.71	137.32
Unpaid Claims	54.82	45.35	50.35	53.05	53.75	52.34
Unearned Premiums	8.52	9.33	18.27	19.84	12.37	3.78
Reinsurance Payable	1.99	1.99	1.99	1.87	3.64	2.33
Current Income Taxes Payable	-	276.93	230.93	365.05	322.15	284.54
Long-Term Debt	-	-	-	25	61.75	68.47
Long-Term Leases	5.95	5.95	8.35	10.44	8.88	11.76
Other Current Liabilities	8.77	19.36	17.86	13.82	15.25	11.29
Other Long-Term Liabilities	364.43	8.51	14.73	16.07	9.27	6.54
Total Liabilities	610.99	571.19	549.88	697.8	660.42	602.51
Common Stock	710.4	710.4	710.4	710.4	676.57	676.57
Retained Earnings	172.5	189.99	191.87	188.41	159.54	103.19
Comprehensive Income & Other	17.96	17.96	18.88	19.85	2.89	3.04
Shareholders' Equity	900.86	918.35	921.14	918.66	838.99	782.79
Total Liabilities & Equity	1,512	1,490	1,471	1,616	1,499	1,385
Filing Date Shares Outstanding	71.04	71.04	71.04	71.04	71.04	69.48
Total Common Shares Outstanding	71.04	71.04	71.04	71.04	71.04	69.48
Total Debt	5.95	5.95	8.35	35.44	70.62	80.23
Net Cash (Debt)	385.49	461.92	486.78	457.19	291.96	181.07
Net Cash Growth	-8.27%	-5.11%	6.47%	56.60%	61.24%	76.95%
Net Cash Per Share	5.40	6.50	6.85	6.44	4.11	2.55
Book Value Per Share	12.68	12.93	12.97	12.93	11.81	11.27
Tangible Book Value	899.26	916.83	919.62	917.06	837.21	781.84
Tangible Book Value Per Share	12.66	12.91	12.95	12.91	11.79	11.25
Land	-	18.12	18.12	-	-	-
Buildings	-	120.7	120.7	-	-	-
Machinery	-	173.15	171.73	-	-	-

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