Progressive Life Insurance Company Limited (DSE: PROGRESLIF)

DSE: PROGRESLIF Balance Sheet

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

Fiscal Year	TTM	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015
Period Ending	Sep 30, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015
Investments in Debt Securities	1,216	1,213	1,294	1,476	1,507	1,512
Investments in Equity & Preferred Securities	51.98	45.68	96.23	105.59	92.39	91.98
Policy Loans	29.21	29.62	31.45	31.42	30.5	27.47
Total Investments	1,806	1,800	1,937	2,131	2,152	2,116
Cash & Equivalents	1,182	1,211	1,006	830.12	761.17	701.94
Reinsurance Recoverable	0.33	0.33	0.33	0.33	0.33	0.33
Other Receivables	105.67	206.88	291.04	264.09	248.99	217.96
Property, Plant & Equipment	7.09	9.23	14.57	18.97	17.11	21.74
Other Intangible Assets	-	0	0.02	0.04	0.05	0.07
Other Current Assets	107.27	90.85	67.85	63.01	104.07	101.45
Other Long-Term Assets	18.61	18.08	19.06	18.04	18.81	20.1
Total Assets	3,227	3,336	3,336	3,326	3,302	3,179
Accrued Expenses	-	15.62	14.9	13.01	18.91	6.81
Insurance & Annuity Liabilities	2,694	2,739	2,740	2,705	2,708	2,696
Unpaid Claims	243.02	304.19	335.94	387.45	315.98	235.06
Unearned Premiums	-	-	0.97	-	0.26	1.33
Reinsurance Payable	13.92	16.26	22.38	19.64	19.25	14.54
Current Income Taxes Payable	-	64.07	52.57	41.07	83.13	73.13
Long-Term Debt	-	2.02	0.72	0.29	0.73	0.26
Other Current Liabilities	-	25.3	9.74	6.51	2.74	5.31
Other Long-Term Liabilities	124.13	8.49	6.53	6.52	6.36	4.82
Total Liabilities	3,075	3,201	3,207	3,197	3,174	3,050
Common Stock	109.03	109.03	109.03	109.03	109.03	109.03
Comprehensive Income & Other	42.27	26.06	19.63	19.63	19.63	19.63
Shareholders' Equity	151.3	135.09	128.66	128.66	128.66	128.66
Total Liabilities & Equity	3,227	3,336	3,336	3,326	3,302	3,179
Filing Date Shares Outstanding	16.64	16.64	16.64	16.64	16.64	16.64
Total Common Shares Outstanding	16.64	16.64	16.64	16.64	16.64	16.64
Total Debt	-	2.02	0.72	0.29	0.73	0.26
Net Cash (Debt)	1,182	1,209	1,005	829.83	760.44	701.68
Net Cash Growth	17.60%	20.29%	21.13%	9.12%	8.37%	12.01%
Net Cash Per Share	71.02	72.64	60.39	49.86	45.69	42.16
Book Value Per Share	9.09	8.12	7.73	7.73	7.73	7.73
Tangible Book Value	151.3	135.09	128.64	128.62	128.61	128.59
Tangible Book Value Per Share	9.09	8.12	7.73	7.73	7.73	7.73
Machinery	-	192.14	197.22	194.01	185.19	182.6

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