Sandhani Life Insurance Company Limited (DSE: SANDHANINS)

SANDHANINS 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 Debt Securities	3,635	3,637	3,583	3,358	2,964	2,414
Investments in Equity & Preferred Securities	802.04	810.65	821.92	730.12	792.47	786.88
Policy Loans	86.24	86.91	84.58	80.33	74.87	83.97
Other Investments	231.08	222.58	244.61	119.61	265.19	265.19
Total Investments	4,755	4,757	4,734	4,288	4,097	3,550
Cash & Equivalents	1,526	1,982	2,129	2,855	3,080	3,187
Other Receivables	831.17	763.46	714.06	670.97	1,257	1,895
Property, Plant & Equipment	1,344	1,358	1,369	1,384	1,369	1,391
Other Current Assets	1,058	921.93	943.46	849.14	670.06	646.96
Long-Term Deferred Tax Assets	25.15	24.8	25.78	24.53	26.71	28.57
Other Long-Term Assets	-38.5	42.13	29.81	156.24	40.69	19.55
Total Assets	9,500	9,849	9,946	10,227	10,540	10,719
Accrued Expenses	-	70.84	75.51	60.49	71.76	70.18
Unpaid Claims	17	21.54	18.91	30.88	27.38	41.17
Unearned Premiums	14.18	18.25	20.64	32.12	35.55	35.78
Reinsurance Payable	50.48	46.69	34.01	23.84	19.3	16.63
Short-Term Debt	-	2.44	2.1	9.55	-	-
Current Income Taxes Payable	754.9	669.37	633.26	579.76	534.71	600.61
Long-Term Leases	9.91	13.65	9.91	11.67	-	1.52
Other Current Liabilities	4.17	9.68	19.42	21.84	2.41	1.96
Other Long-Term Liabilities	142.8	62.21	73.78	80.21	90.42	101.68
Total Liabilities	993.45	914.65	887.53	850.34	782.54	870.33
Common Stock	1,097	1,097	1,097	1,097	1,097	1,097
Retained Earnings	20.93	129.11	126.16	103.53	71.28	71.44
Comprehensive Income & Other	7,389	7,708	7,835	8,176	8,589	8,680
Total Common Equity	8,507	8,934	9,058	9,377	9,757	9,848
Minority Interest	0.01	0.01	0.01	0.01	0	0
Shareholders' Equity	8,507	8,934	9,058	9,377	9,757	9,848
Total Liabilities & Equity	9,500	9,849	9,946	10,227	10,540	10,719
Filing Date Shares Outstanding	109.7	109.7	109.7	109.7	109.7	109.7
Total Common Shares Outstanding	109.7	109.7	109.7	109.7	109.7	109.7
Total Debt	9.91	16.08	12.01	21.21	-	1.52
Net Cash (Debt)	1,516	1,966	2,117	2,833	3,080	3,185
Net Cash Growth	-4.19%	-7.13%	-25.28%	-8.01%	-3.31%	-12.36%
Net Cash Per Share	13.82	17.92	19.30	25.83	28.08	29.04
Book Value Per Share	77.55	81.44	82.57	85.48	88.95	89.78
Tangible Book Value	8,507	8,934	9,058	9,377	9,757	9,848
Tangible Book Value Per Share	77.55	81.44	82.57	85.48	88.95	89.78

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