Nitol Insurance Company Limited (DSE:NITOLINS)

Nitol Insurance Company 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Debt Securities	148.14	147.87	147.49	147	146.56	25
Investments in Equity & Preferred Securities	-	3.74	3.4	3.37	3.7	3.59
Other Investments	253.26	286	420.5	704	792	895
Total Investments	401.4	437.6	571.38	854.37	942.27	923.59
Cash & Equivalents	19.03	26.12	22.47	40.73	35.94	38.19
Reinsurance Recoverable	-	239.76	71.28	84.67	37.43	18.63
Other Receivables	790.75	13.65	17.78	24.5	24.94	32.44
Property, Plant & Equipment	496.64	498.85	515.58	237.45	236.34	251.33
Other Intangible Assets	-	0.43	0.58	0.2	0.27	0.35
Other Current Assets	287.81	714.35	643	716.75	660.08	613.7
Total Assets	1,996	1,931	1,842	1,959	1,937	1,878
Accrued Expenses	-	14.26	13.84	11.79	11.92	12.95
Insurance & Annuity Liabilities	154.03	155.2	145.9	140.16	146.31	194.45
Unpaid Claims	18.26	17.92	17.26	10.36	39.56	30.5
Unearned Premiums	5.8	13.48	10.61	38.46	50.67	80.23
Reinsurance Payable	-	84.47	79.72	148.9	147	129.6
Current Income Taxes Payable	320.82	316.09	290.26	342.66	320.84	284.38
Long-Term Deferred Tax Liabilities	48.25	47.08	42.36	35.66	31.41	25.74
Other Current Liabilities	154.56	12.39	6.68	12.97	7.82	16.08
Other Long-Term Liabilities	-	0	-	0	-	-
Total Liabilities	720.1	670.89	619	750.78	764.79	783.25
Common Stock	402.08	402.08	402.08	402.08	402.08	402.08
Retained Earnings	807.48	791.49	753.68	737.13	698.11	616.87
Comprehensive Income & Other	65.97	66.3	67.31	68.68	72.3	76.03
Shareholders' Equity	1,276	1,260	1,223	1,208	1,172	1,095
Total Liabilities & Equity	1,996	1,931	1,842	1,959	1,937	1,878
Filing Date Shares Outstanding	42.09	40.21	42.22	42.22	42.22	42.22
Total Common Shares Outstanding	42.09	40.21	42.22	42.22	42.22	42.22
Total Debt	18.39	-	-	-	-	-
Net Cash (Debt)	0.65	26.12	22.47	40.73	35.94	38.19
Net Cash Growth	-99.07%	16.25%	-44.84%	13.32%	-5.89%	37.69%
Net Cash Per Share	0.02	0.65	0.56	0.96	0.85	0.90
Book Value Per Share	30.30	31.33	28.97	28.61	27.77	25.94
Tangible Book Value	1,276	1,259	1,222	1,208	1,172	1,095
Tangible Book Value Per Share	30.30	31.32	28.96	28.61	27.77	25.93
Land	-	242.91	242.85	-	-	-
Buildings	-	244.92	244.81	244.81	-	-
Machinery	-	141.09	139.3	116.29	-	-

Updated Nov 3, 2024. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.