Prime Insurance Company Limited (DSE: PRIMEINSUR)

Prime Insurance Company 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 Equity & Preferred Securities	199.62	166.2	217.77	214.72	142.51	104.04
Total Investments	224.62	166.2	217.77	214.72	142.51	104.04
Cash & Equivalents	755.65	675.49	616.09	475.81	492.63	302.76
Reinsurance Recoverable	258.42	244.75	242.86	233.53	255.46	281.41
Other Receivables	504.9	53.69	44.66	28.64	52.25	29.84
Property, Plant & Equipment	448.55	403.15	434.03	391.91	310.33	197.97
Other Current Assets	2.98	443.73	404.58	378.82	354.79	424.37
Other Long-Term Assets	-	25	25	25	25	25
Total Assets	2,195	2,012	1,985	1,748	1,633	1,365
Accrued Expenses	-	20.74	29.39	37.35	24.97	18.48
Insurance & Annuity Liabilities	489.48	465.88	513.8	355.39	126.08	107.4
Unpaid Claims	36.21	40.39	36.02	57.98	46.87	37.49
Unearned Premiums	95.76	77.06	97.62	94.78	99.84	86.61
Reinsurance Payable	-	-	-	-	191.13	85.82
Current Income Taxes Payable	507.17	471.3	439.31	401.41	384.43	339.15
Long-Term Leases	-	21.79	30.37	18.19	11.95	7.78
Long-Term Deferred Tax Liabilities	41.19	30.72	28.95	13.56	20.21	9.85
Other Current Liabilities	5.33	20.07	12.96	4.75	5.06	5.13
Other Long-Term Liabilities	123.55	2.7	2.7	2.7	1.7	0.77
Total Liabilities	1,299	1,156	1,188	986.92	912.7	698.63
Common Stock	408.77	408.77	408.77	408.77	408.77	408.77
Retained Earnings	487.66	446.95	388.6	352.75	311.5	257.99
Comprehensive Income & Other	-	-	-	-	-	-0
Shareholders' Equity	896.43	855.72	797.37	761.52	720.28	666.77
Total Liabilities & Equity	2,195	2,012	1,985	1,748	1,633	1,365
Filing Date Shares Outstanding	40.88	40.88	40.88	40.88	40.88	40.88
Total Common Shares Outstanding	40.88	40.88	40.88	40.88	40.88	40.88
Total Debt	-	21.79	30.37	18.19	11.95	7.78
Net Cash (Debt)	755.65	653.7	585.73	457.62	480.68	294.98
Net Cash Growth	20.10%	11.60%	27.99%	-4.80%	62.95%	106.45%
Net Cash Per Share	18.49	15.99	14.33	11.19	11.76	7.22
Book Value Per Share	21.93	20.93	19.51	18.63	17.62	16.31
Tangible Book Value	896.43	855.72	797.37	761.52	720.28	666.77
Tangible Book Value Per Share	21.93	20.93	19.51	18.63	17.62	16.31
Buildings	-	280.85	280.85	280.85	269.85	165.45
Machinery	-	245.57	231.54	179.08	104.72	105.43

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