Sonar Bangla Insurance Limited (DSE: SONARBAINS)

Sonar Bangla Insurance 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	Mar 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Investments in Equity & Preferred Securities	-	122.99	115.9	114.4	119.82	102.91
Total Investments	212.79	122.99	115.9	114.4	119.82	102.91
Cash & Equivalents	495.97	449.33	528.66	492.75	462.13	387.48
Reinsurance Recoverable	-	317.75	258.05	328.08	303.18	290.07
Other Receivables	541.46	144.44	145.59	134.82	89.63	73.75
Property, Plant & Equipment	85.09	87.33	109.19	90.32	73.02	67.01
Other Intangible Assets	-	1.34	1.21	2.25	1.99	2.67
Other Current Assets	-	115.02	128.7	135.16	95.73	199.02
Long-Term Deferred Charges	-	-	-	0.64	-	-
Other Long-Term Assets	-	46.62	26.61	28.2	27.66	27.43
Total Assets	1,335	1,285	1,314	1,327	1,173	1,150
Accounts Payable	-	0.86	0.85	-	-	-
Accrued Expenses	-	3.36	5.66	7.39	4.01	3.19
Insurance & Annuity Liabilities	146	162.03	138.4	188.88	133.21	177.53
Unpaid Claims	-	27.05	24.74	22.94	17.95	17.16
Unearned Premiums	-	6.74	6.45	8.39	7	5.7
Reinsurance Payable	-	-	-	0.94	-	-
Current Income Taxes Payable	-	40.67	50.48	49.7	23.17	26.68
Long-Term Debt	-	31.01	32.25	37.72	48.98	75.88
Long-Term Leases	12.01	14.4	31.06	19.19	11.18	-
Long-Term Deferred Tax Liabilities	7.54	8.28	7.25	9.17	10.95	6.92
Other Current Liabilities	142.22	6.98	0.91	1.56	3.4	1.77
Other Long-Term Liabilities	-	20.45	20.01	22.34	18.73	15.05
Total Liabilities	307.77	321.83	318.06	368.23	278.58	329.89
Common Stock	420.44	420.44	400.41	400.41	400.41	400.41
Retained Earnings	503.67	446.6	477.87	444.54	385.16	329.16
Total Common Equity	924.11	867.03	878.28	844.96	785.57	729.58
Minority Interest	103.43	95.95	117.56	113.43	109	90.89
Shareholders' Equity	1,028	962.99	995.84	958.39	894.57	820.46
Total Liabilities & Equity	1,335	1,285	1,314	1,327	1,173	1,150
Filing Date Shares Outstanding	42.04	42.04	42.04	42.04	42.04	42.04
Total Common Shares Outstanding	42.04	42.04	42.04	42.04	42.04	42.04
Total Debt	12.01	45.42	63.31	56.92	60.16	75.88
Net Cash (Debt)	483.96	403.91	465.35	435.83	401.96	311.6
Net Cash Growth	-	-13.20%	6.77%	8.43%	29.00%	21.43%
Net Cash Per Share	11.51	9.61	11.07	10.37	9.56	7.41
Book Value Per Share	21.98	20.62	20.89	20.10	18.68	17.35
Tangible Book Value	924.11	865.7	877.07	842.71	783.58	726.9
Tangible Book Value Per Share	21.98	20.59	20.86	20.04	18.64	17.29
Buildings	-	12.5	12.5	12.5	12.5	-
Machinery	-	8.77	8.05	74.62	69.74	61.67

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