National Life Insurance Balance Sheet

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

Millions BDT. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Investments in Debt Securities	41,391	37,597	27,584	23,283	20,641	17,671
Investments in Equity & Preferred Securities	2,011	1,765	1,868	2,526	2,192	2,258
Policy Loans	1,410	1,376	1,163	965.25	809.35	675.93
Other Investments	717.78	2,172	2,541	783.23	769.28	665.69
Total Investments	45,531	42,910	33,156	27,557	24,411	21,271
Cash & Equivalents	19,409	21,393	22,362	22,865	21,570	22,202
Other Receivables	4,252	6,420	5,905	4,902	4,627	5,033
Property, Plant & Equipment	2,335	2,324	2,060	1,881	1,759	2,262
Other Intangible Assets	270.15	270.15	270.15	270.15	270.15	270.15
Other Current Assets	5,075	5,053	4,380	3,575	3,057	2,516
Other Long-Term Assets	28.05	39.26	37.13	40.42	36.84	26.79
Total Assets	76,900	78,408	68,171	61,090	55,732	53,581
Insurance & Annuity Liabilities	68,975	70,183	59,962	53,011	48,006	43,860
Unpaid Claims	126.1	119.92	952.01	761.01	1,157	3,153
Unearned Premiums	228.97	247.34	154.88	139.91	145.05	142.6
Reinsurance Payable	108.91	106.03	154.38	170.68	167.67	150.27
Long-Term Leases	-	245.69	190.25	152.51	115.28	121.72
Other Current Liabilities	15.44	15.55	2.24	3.16	3.83	-
Other Long-Term Liabilities	5,854	5,904	5,170	5,296	4,587	4,664
Total Liabilities	75,308	76,822	66,586	59,535	54,181	52,091
Common Stock	1,085	1,085	1,085	1,085	1,085	1,085
Retained Earnings	466.43	461.72	463.68	438.15	442.95	384.26
Comprehensive Income & Other	16.35	15.81	12.89	9.24	-	-
Total Common Equity	1,568	1,563	1,562	1,533	1,528	1,469
Minority Interest	23.82	23.66	23.63	22.77	22.64	20.9
Shareholders' Equity	1,592	1,586	1,585	1,555	1,551	1,490
Total Liabilities & Equity	76,900	78,408	68,171	61,090	55,732	53,581
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	-	245.69	190.25	152.51	115.28	121.72
Net Cash (Debt)	19,409	21,147	22,172	22,712	21,455	22,081
Net Cash Growth	-16.88%	-4.62%	-2.38%	5.86%	-2.83%	9.71%
Net Cash Per Share	178.85	194.86	204.31	209.29	197.70	203.47
Book Value Per Share	14.45	14.40	14.39	14.12	14.08	13.54
Tangible Book Value	1,298	1,293	1,292	1,262	1,258	1,199
Tangible Book Value Per Share	11.96	11.91	11.90	11.63	11.59	11.05
Land	-	800.03	799.78	799.1	796.45	1,300
Buildings	-	535.38	535.38	535.38	535.25	534.66
Machinery	-	1,434	1,295	1,225	1,072	989.05
Construction In Progress	-	175.2	-	-	-	-