Provati Insurance Company Limited (DSE: PROVATIINS)

Provati Insurance Company Balance Sheet

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

Fiscal Year	TTM	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Jun 30, 2024	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018
Investments in Equity & Preferred Securities	-	134.13	149.91	54.8	12.82	11.35
Other Investments	758.79	-	-	-	-	-
Total Investments	758.79	134.13	149.91	54.8	12.82	11.35
Cash & Equivalents	201.99	755.48	767.54	672.35	550.33	428.71
Reinsurance Recoverable	297.84	157.75	25.77	64.19	157.58	177.2
Other Receivables	79.93	33.83	26.76	25.55	21.17	9.43
Property, Plant & Equipment	342.17	220.85	186.27	169.19	146.99	147.13
Other Intangible Assets	-	2.17	1.65	0.65	0.67	0.32
Other Current Assets	55.56	56.2	21.87	41.81	151.88	135.4
Other Long-Term Assets	0	243.6	213.39	112.36	25.9	25.83
Total Assets	1,736	1,604	1,393	1,141	1,067	935.38
Accrued Expenses	-	15.82	14	13.18	11.9	8.44
Insurance & Annuity Liabilities	334.89	365.3	329.41	305.09	259.11	155.32
Unpaid Claims	227.99	166.06	111.01	56.53	73.35	153.18
Unearned Premiums	61.54	65.03	63.69	61.9	57.22	16.45
Short-Term Debt	126.62	80.18	56.4	0.22	-0.06	-
Current Income Taxes Payable	-	68.56	34.44	54.55	82.68	60.62
Long-Term Deferred Tax Liabilities	-	1.66	1.41	1.34	1.12	0.78
Other Current Liabilities	2.32	-	-	2.65	1.64	1.13
Other Long-Term Liabilities	0	3.5	2.97	15.14	15.14	15.14
Total Liabilities	853.76	770.36	616.82	513.9	504.79	412.9
Common Stock	403.12	403.12	347.52	297.03	297.03	297.03
Retained Earnings	63.46	402.24	416.71	327.48	262.69	222.06
Comprensive Income & Other	415.95	28.28	12.11	2.5	2.83	3.39
Shareholders' Equity	882.53	833.64	776.33	627.01	562.54	522.48
Total Liabilities & Equity	1,736	1,604	1,393	1,141	1,067	935.38
Filing Date Shares Outstanding	39.78	40.31	40.31	40.31	40.31	40.31
Total Common Shares Outstanding	39.78	40.31	40.31	40.31	40.31	40.31
Total Debt	126.62	80.18	56.4	0.22	-0.06	-
Net Cash (Debt)	75.37	675.29	711.14	672.13	550.38	428.71
Net Cash Growth	-88.84%	-5.04%	5.80%	22.12%	28.38%	8.77%
Net Cash Per Share	1.89	16.75	17.64	16.67	13.65	10.63
Book Value Per Share	22.18	20.68	19.26	15.55	13.95	12.96
Tangible Book Value	882.53	831.47	774.68	626.36	561.86	522.15
Tangible Book Value Per Share	22.18	20.63	19.22	15.54	13.94	12.95
Land	-	78.7	78.7	78.7	78.7	78.7
Buildings	-	20.4	20.4	20.4	20.4	20.4
Machinery	-	205.69	172.35	145.54	128.11	122.32

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