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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Investments in Equity & Preferred Securities	196.99	166.2	217.77	214.72	142.51	104.04
Total Investments	221.99	166.2	217.77	214.72	142.51	104.04
Cash & Equivalents	810.04	675.49	616.09	475.81	492.63	302.76
Reinsurance Recoverable	252.38	244.75	242.86	233.53	255.46	281.41
Other Receivables	507.53	53.69	44.66	28.64	52.25	29.84
Property, Plant & Equipment	381.49	403.15	434.03	391.91	310.33	197.97
Other Current Assets	3.69	443.73	404.58	378.82	354.79	424.37
Other Long-Term Assets	-	25	25	25	25	25
Total Assets	2,177	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	499.55	465.88	513.8	355.39	126.08	107.4
Unpaid Claims	32.88	40.39	36.02	57.98	46.87	37.49
Unearned Premiums	82.96	77.06	97.62	94.78	99.84	86.61
Reinsurance Payable	-	-	-	-	191.13	85.82
Current Income Taxes Payable	497.28	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	40.2	30.72	28.95	13.56	20.21	9.85
Other Current Liabilities	4.95	20.07	12.96	4.75	5.06	5.13
Other Long-Term Liabilities	111.45	2.7	2.7	2.7	1.7	0.77
Total Liabilities	1,269	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	499.09	446.95	388.6	352.75	311.5	257.99
Comprensive Income & Other	-	-	-	-	-	-0
Shareholders' Equity	907.87	855.72	797.37	761.52	720.28	666.77
Total Liabilities & Equity	2,177	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)	810.04	653.7	585.73	457.62	480.68	294.98
Net Cash Growth	36.88%	11.60%	27.99%	-4.80%	62.95%	106.45%
Net Cash Per Share	19.82	15.99	14.33	11.19	11.76	7.22
Book Value Per Share	22.21	20.93	19.51	18.63	17.62	16.31
Tangible Book Value	907.87	855.72	797.37	761.52	720.28	666.77
Tangible Book Value Per Share	22.21	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.