Meghna Insurance Company Limited (DSE: MEGHNAINS)

Meghna 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	Mar 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Investments in Debt Securities	84.06	84.05	55.1	25	25	25
Other Investments	517.11	543.49	553.45	387.47	258.87	228.42
Total Investments	601.17	627.54	608.55	412.47	283.87	253.42
Cash & Equivalents	104.54	72.74	116.34	234.79	144.34	116.59
Reinsurance Recoverable	149.97	147.57	135.87	122.97	111.28	99.49
Other Receivables	33.97	30	19.61	8.7	5.96	6.12
Property, Plant & Equipment	265.05	270.49	287.71	260.57	261.19	208.31
Other Intangible Assets	0.12	0.13	0.16	0.12	0.15	0.19
Other Current Assets	217.48	209.85	203.33	183.35	127.78	115.48
Long-Term Deferred Tax Assets	-	-	0.07	-	-	-
Other Long-Term Assets	0	0	-	-	0	-
Total Assets	1,372	1,358	1,372	1,223	934.56	799.61
Accrued Expenses	153.34	150.41	127.4	131.7	76.02	21.43
Insurance & Annuity Liabilities	279.05	279.1	330.21	215.56	176.13	156.46
Unpaid Claims	53.94	49.89	59.81	60.2	141.6	62.24
Unearned Premiums	14.04	29.41	53.25	131.7	50.48	27.7
Reinsurance Payable	119.48	118.89	96.4	214.8	155.43	181.08
Current Portion of Leases	4.89	5.11	6.53	7.25	7.81	-
Short-Term Debt	-	-	-	-	17.44	49.48
Current Income Taxes Payable	113.96	104.21	84.07	61.42	55.34	52.35
Long-Term Debt	0.04	0.04	0.04	0.04	33.53	49.5
Long-Term Leases	5.31	6.42	7.78	10.67	6.57	-
Long-Term Deferred Tax Liabilities	10.06	4.35	-	0.57	2.16	0.81
Other Current Liabilities	1.63	8.92	14.35	0.36	0.28	1.14
Other Long-Term Liabilities	25.37	17.42	17.42	1.15	5.11	0.31
Total Liabilities	781.11	774.17	797.25	835.43	727.92	602.51
Common Stock	400	400	400	240	79.35	69
Retained Earnings	218.74	191.62	178.75	145.72	125.39	128.67
Comprensive Income & Other	-27.54	-7.48	-4.35	1.82	1.9	-0.57
Shareholders' Equity	591.2	584.14	574.4	387.54	206.64	197.1
Total Liabilities & Equity	1,372	1,358	1,372	1,223	934.56	799.61
Filing Date Shares Outstanding	40	40	40	21.67	7.94	7.94
Total Common Shares Outstanding	40	40	40	21.67	7.94	7.94
Total Debt	10.24	11.57	14.35	17.96	65.36	98.98
Net Cash (Debt)	94.3	61.17	101.99	216.83	78.98	17.61
Net Cash Growth	-9.92%	-40.03%	-52.96%	174.54%	348.58%	-
Net Cash Per Share	2.36	1.53	3.06	10.01	9.95	2.22
Book Value Per Share	14.78	14.60	14.36	17.88	26.04	24.84
Tangible Book Value	591.08	584.01	574.24	387.42	206.49	196.91
Tangible Book Value Per Share	14.78	14.60	14.36	17.88	26.02	24.82
Land	162.05	162.05	162.05	162.05	162.05	162.05
Buildings	18.56	18.56	18.56	18.56	18.56	18.56
Machinery	139.33	139.31	137.21	124.24	116.05	87.02

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