Mercantile Islami Insurance PLC (DSE:MERCINS)

DSE:MERCINS Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Debt Securities	60.77	35	35	35	35	25
Other Investments	122.52	232.01	385.43	369.6	261.83	72.8
Total Investments	183.29	267.01	420.43	404.6	296.83	97.8
Cash & Equivalents	1,233	1,209	1,196	1,153	1,193	1,128
Reinsurance Recoverable	846.57	771.45	678.79	725.9	811.01	915.69
Other Receivables	42.12	21.74	9.64	8.65	7.36	6.87
Property, Plant & Equipment	36.94	39.75	46.32	53.12	30.92	27.98
Other Current Assets	157.11	172.26	152.05	133.06	79.75	62.84
Long-Term Deferred Tax Assets	7.2	10.38	5.57	1.33	0.9	1
Other Long-Term Assets	-	-	-	-0	-	-
Total Assets	2,506	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	190.58	195.8	157.16	158.31	148.49	113.97
Unpaid Claims	367.09	357.04	195.24	174.83	160	140
Unearned Premiums	40.59	56.01	64.02	56.47	58.74	35.63
Reinsurance Payable	895.72	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	5.01	6.4	9.64	11.59	-	-
Other Current Liabilities	-	-	-	-	-	3.53
Other Long-Term Liabilities	163.42	21.05	21.7	21.44	8.62	16.91
Total Liabilities	1,662	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	405.09	381.99	341.45	402.79	361.8	315.41
Comprehensive Income & Other	-67.05	-58.54	4	-13.13	10.83	-
Shareholders' Equity	843.8	829.22	851.21	895.43	878.4	821.18
Total Liabilities & Equity	2,506	2,492	2,509	2,480	2,420	2,240
Filing Date Shares Outstanding	41.96	43.1	43.1	43.1	43.1	43.1
Total Common Shares Outstanding	41.96	43.1	43.1	43.1	43.1	43.1
Total Debt	5.01	6.4	9.64	11.59	-	-
Net Cash (Debt)	1,228	1,203	1,186	1,141	1,193	1,128
Net Cash Growth	4.41%	1.40%	3.91%	-4.33%	5.75%	18.33%
Net Cash Per Share	28.49	27.91	27.52	26.49	27.69	26.18
Book Value Per Share	20.11	19.24	19.75	20.78	20.38	19.05
Tangible Book Value	843.8	829.22	851.21	895.43	878.4	821.18
Tangible Book Value Per Share	20.11	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 Jun 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.