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	Jun 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	98.05	0.71	0.06	0.99	0.04	0.05
Total Investments	98.05	23.47	23.05	48.73	43.52	35.65
Cash & Equivalents	452.7	467.87	495.13	492.63	362.58	261.3
Reinsurance Recoverable	437.32	411.46	371.62	366.48	392.83	432.46
Other Receivables	343.34	40.06	43.09	43.79	46.22	44.25
Property, Plant & Equipment	196.35	175.56	187.36	192.99	171.19	63.37
Other Intangible Assets	1.67	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	1.85	96.06	95.46	82.83	88.13	58.49
Total Assets	1,536	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	158.38	150.94	153.88	157.07	141.71	137.32
Unpaid Claims	53.92	45.35	50.35	53.05	53.75	52.34
Unearned Premiums	7.58	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	4.35	19.36	17.86	13.82	15.25	11.29
Other Long-Term Liabilities	337.28	8.51	14.73	16.07	9.27	6.54
Total Liabilities	579.46	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	228.48	189.99	191.87	188.41	159.54	103.19
Comprensive Income & Other	17.96	17.96	18.88	19.85	2.89	3.04
Shareholders' Equity	956.84	918.35	921.14	918.66	838.99	782.79
Total Liabilities & Equity	1,536	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)	446.74	461.92	486.78	457.19	291.96	181.07
Net Cash Growth	-8.93%	-5.11%	6.47%	56.60%	61.24%	76.95%
Net Cash Per Share	6.29	6.50	6.85	6.44	4.11	2.55
Book Value Per Share	13.47	12.93	12.97	12.93	11.81	11.27
Tangible Book Value	955.17	916.83	919.62	917.06	837.21	781.84
Tangible Book Value Per Share	13.45	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.