National Life Insurance PLC (DSE: NATLIFEINS)

National Life Insurance 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 Debt Securities	27,509	23,283	20,641	17,671	16,782	13,269
Investments in Equity & Preferred Securities	2,552	2,526	2,192	2,258	1,862	1,579
Policy Loans	1,123	965.25	809.35	675.93	580.04	523.03
Other Investments	712.15	783.23	769.28	665.69	627.07	619.98
Total Investments	31,897	27,557	24,411	21,271	19,851	15,990
Cash & Equivalents	21,785	22,865	21,570	22,202	20,229	19,907
Other Receivables	4,568	4,902	4,627	5,033	4,765	4,914
Property, Plant & Equipment	1,992	1,881	1,759	2,262	2,261	2,274
Other Intangible Assets	270.15	270.15	270.15	270.15	240.15	240.15
Other Current Assets	4,136	3,575	3,057	2,516	2,140	2,442
Other Long-Term Assets	29.8	40.42	36.84	26.79	24.62	37.9
Total Assets	64,678	61,090	55,732	53,581	49,511	45,805
Insurance & Annuity Liabilities	56,902	53,011	48,006	43,860	40,075	36,993
Unpaid Claims	1,059	761.01	1,157	3,153	3,729	2,987
Unearned Premiums	145.45	139.91	145.05	142.6	153.22	153.6
Reinsurance Payable	181.68	170.68	167.67	150.27	111.96	84.99
Long-Term Leases	-	152.51	115.28	121.72	102.34	81.92
Other Current Liabilities	3.16	3.16	3.83	-	-	-
Other Long-Term Liabilities	4,791	5,296	4,587	4,664	3,947	4,174
Total Liabilities	63,083	59,535	54,181	52,091	48,118	44,474
Common Stock	1,085	1,085	1,085	1,085	1,085	1,085
Retained Earnings	473.99	438.15	442.95	384.26	289.18	229.41
Comprehensive Income & Other	11.97	9.24	-	-	-	-
Total Common Equity	1,571	1,533	1,528	1,469	1,374	1,315
Minority Interest	23.91	22.77	22.64	20.9	18.08	16.3
Shareholders' Equity	1,595	1,555	1,551	1,490	1,392	1,331
Total Liabilities & Equity	64,678	61,090	55,732	53,581	49,511	45,805
Filing Date Shares Outstanding	108.52	108.52	108.52	108.52	108.52	108.52
Total Common Shares Outstanding	108.52	108.52	108.52	108.52	108.52	108.52
Total Debt	-	152.51	115.28	121.72	102.34	81.92
Net Cash (Debt)	21,785	22,712	21,455	22,081	20,126	19,825
Net Cash Growth	5.54%	5.86%	-2.83%	9.71%	1.52%	11.33%
Net Cash Per Share	200.74	209.29	197.70	203.47	185.46	182.69
Book Value Per Share	14.48	14.12	14.08	13.54	12.66	12.11
Tangible Book Value	1,301	1,262	1,258	1,199	1,134	1,074
Tangible Book Value Per Share	11.99	11.63	11.59	11.05	10.45	9.90
Land	-	799.1	796.45	1,300	1,299	1,295
Buildings	-	535.38	535.25	534.66	611.06	610.78
Machinery	-	1,225	1,072	989.05	875.7	849.33

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