National Life Insurance Company Limited (DSE: NATLIFEINS)

NATLIFEINS 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	20,851	23,283	20,641	17,671	16,782	13,269
Investments in Equity & Preferred Securities	5,362	2,526	2,192	2,258	1,862	1,579
Policy Loans	1,037	965.25	809.35	675.93	580.04	523.03
Other Investments	-	783.23	769.28	665.69	627.07	619.98
Total Investments	27,249	27,557	24,411	21,271	19,851	15,990
Cash & Equivalents	25,317	22,865	21,570	22,202	20,229	19,907
Other Receivables	3,060	4,902	4,627	5,033	4,765	4,914
Property, Plant & Equipment	1,850	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	3,705	3,575	3,057	2,516	2,140	2,442
Other Long-Term Assets	32.63	40.42	36.84	26.79	24.62	37.9
Total Assets	61,483	61,090	55,732	53,581	49,511	45,805
Insurance & Annuity Liabilities	53,794	53,011	48,006	43,860	40,075	36,993
Unpaid Claims	969.73	761.01	1,157	3,153	3,729	2,987
Unearned Premiums	140.15	139.91	145.05	142.6	153.22	153.6
Reinsurance Payable	179.61	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	4,821	5,296	4,587	4,664	3,947	4,174
Total Liabilities	59,908	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	456.4	438.15	442.95	384.26	289.18	229.41
Comprensive Income & Other	10.15	9.24	-	-	-	-
Total Common Equity	1,552	1,533	1,528	1,469	1,374	1,315
Minority Interest	23.34	22.77	22.64	20.9	18.08	16.3
Shareholders' Equity	1,575	1,555	1,551	1,490	1,392	1,331
Total Liabilities & Equity	61,483	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)	25,317	22,712	21,455	22,081	20,126	19,825
Net Cash Growth	6.37%	5.86%	-2.83%	9.71%	1.52%	11.33%
Net Cash Per Share	233.29	209.29	197.70	203.47	185.46	182.69
Book Value Per Share	14.30	14.12	14.08	13.54	12.66	12.11
Tangible Book Value	1,282	1,262	1,258	1,199	1,134	1,074
Tangible Book Value Per Share	11.81	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.