Provati Insurance Company Limited (DSE: PROVATIINS)

Provati 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	-	75.28	134.13	149.91	54.8	12.82
Other Investments	783.59	616.48	631.05	-	-	-
Total Investments	783.59	691.76	765.18	149.91	54.8	12.82
Cash & Equivalents	160.43	168.2	124.42	767.54	672.35	550.33
Reinsurance Recoverable	360.81	286.68	157.75	25.77	64.19	157.58
Other Receivables	79.73	25.79	33.83	26.76	25.55	21.17
Property, Plant & Equipment	337.64	232.21	220.85	186.27	169.19	146.99
Other Intangible Assets	-	2.63	2.17	1.65	0.65	0.67
Other Current Assets	71.53	65.64	56.2	21.87	41.81	151.88
Other Long-Term Assets	-	242.46	243.6	213.39	112.36	25.9
Total Assets	1,794	1,715	1,604	1,393	1,141	1,067
Accrued Expenses	-	15.93	15.82	14	13.18	11.9
Insurance & Annuity Liabilities	352.37	360.26	365.3	329.41	305.09	259.11
Unpaid Claims	270.05	236.34	166.06	111.01	56.53	73.35
Unearned Premiums	61.28	61.78	65.03	63.69	61.9	57.22
Short-Term Debt	95.01	122.07	80.18	56.4	0.22	-0.06
Current Income Taxes Payable	-	68.08	68.56	34.44	54.55	82.68
Long-Term Deferred Tax Liabilities	-	0.06	1.66	1.41	1.34	1.12
Other Current Liabilities	2.32	2.8	2.04	-	2.65	1.64
Other Long-Term Liabilities	-0	1.79	1.46	2.97	15.14	15.14
Total Liabilities	888.42	869.11	770.36	616.82	513.9	504.79
Common Stock	403.12	403.12	403.12	347.52	297.03	297.03
Retained Earnings	72.29	440.64	402.24	416.71	327.48	262.69
Comprehensive Income & Other	429.9	2.5	28.28	12.11	2.5	2.83
Shareholders' Equity	905.31	846.27	833.64	776.33	627.01	562.54
Total Liabilities & Equity	1,794	1,715	1,604	1,393	1,141	1,067
Filing Date Shares Outstanding	40.67	40.31	40.31	40.31	40.31	40.31
Total Common Shares Outstanding	40.67	40.31	40.31	40.31	40.31	40.31
Total Debt	95.01	122.07	80.18	56.4	0.22	-0.06
Net Cash (Debt)	65.42	46.14	44.24	711.14	672.13	550.38
Net Cash Growth	-91.05%	4.29%	-93.78%	5.80%	22.12%	28.38%
Net Cash Per Share	1.62	1.14	1.10	17.64	16.67	13.65
Book Value Per Share	22.26	20.99	20.68	19.26	15.55	13.95
Tangible Book Value	905.31	843.63	831.47	774.68	626.36	561.86
Tangible Book Value Per Share	22.26	20.93	20.63	19.22	15.54	13.94
Land	-	78.7	78.7	78.7	78.7	78.7
Buildings	-	20.4	20.4	20.4	20.4	20.4
Machinery	-	228.73	205.69	172.35	145.54	128.11

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