DSE:MERCINS Balance Sheet

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

Millions BDT. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Investments in Debt Securities	60.77	35	35	35	35	25
Other Investments	132.8	232.01	385.43	369.6	261.83	72.8
Total Investments	193.57	267.01	420.43	404.6	296.83	97.8
Cash & Equivalents	1,198	1,209	1,196	1,153	1,193	1,128
Reinsurance Recoverable	848.79	771.45	678.79	725.9	811.01	915.69
Other Receivables	46.12	21.74	9.64	8.65	7.36	6.87
Property, Plant & Equipment	36.82	39.75	46.32	53.12	30.92	27.98
Other Current Assets	158.53	172.26	152.05	133.06	79.75	62.84
Long-Term Deferred Tax Assets	8.78	10.38	5.57	1.33	0.9	1
Other Long-Term Assets	-	-	-	-0	-	-
Total Assets	2,491	2,492	2,509	2,480	2,420	2,240
Accrued Expenses	-	3.27	3.54	3.33	4.2	2.59
Insurance & Annuity Liabilities	120.8	195.8	157.16	158.31	148.49	113.97
Unpaid Claims	379.74	357.04	195.24	174.83	160	140
Unearned Premiums	67.78	56.01	64.02	56.47	58.74	35.63
Reinsurance Payable	975.79	885.22	1,084	1,046	1,079	1,053
Current Income Taxes Payable	-	125.42	108.95	106.69	81.68	53.38
Long-Term Leases	5.94	6.4	9.64	11.59	-	-
Other Current Liabilities	-	-	-	-	-	3.53
Other Long-Term Liabilities	175.93	21.05	21.7	21.44	8.62	16.91
Total Liabilities	1,726	1,663	1,657	1,584	1,542	1,419
Common Stock	430.95	430.95	430.95	430.95	430.95	430.95
Additional Paid-In Capital	74.81	74.81	74.81	74.81	74.81	74.81
Retained Earnings	366.29	381.99	341.45	402.79	361.8	315.41
Comprehensive Income & Other	-107.53	-58.54	4	-13.13	10.83	-
Shareholders' Equity	764.53	829.22	851.21	895.43	878.4	821.18
Total Liabilities & Equity	2,491	2,492	2,509	2,480	2,420	2,240
Filing Date Shares Outstanding	43.1	43.1	43.1	43.1	43.1	43.1
Total Common Shares Outstanding	43.1	43.1	43.1	43.1	43.1	43.1
Total Debt	5.94	6.4	9.64	11.59	-	-
Net Cash (Debt)	1,192	1,203	1,186	1,141	1,193	1,128
Net Cash Growth	1.95%	1.40%	3.91%	-4.33%	5.75%	18.33%
Net Cash Per Share	27.66	27.91	27.52	26.49	27.69	26.18
Book Value Per Share	17.74	19.24	19.75	20.78	20.38	19.05
Tangible Book Value	764.53	829.22	851.21	895.43	878.4	821.18
Tangible Book Value Per Share	17.74	19.24	19.75	20.78	20.38	19.05
Buildings	-	6.18	6.18	6.18	6.18	6.18
Machinery	-	91.16	89.52	88.18	69.86	63.51

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.