Union Insurance Co. Ltd. (DSE:UNIONINS)

Union Insurance Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Equity & Preferred Securities	-	61.09	89.4	88.34	7.34	2.84
Other Investments	96.4	-	-	-	-	-
Total Investments	96.4	61.09	89.4	88.34	7.34	2.84
Cash & Equivalents	101.51	115.01	160.24	207.4	385.26	188.63
Reinsurance Recoverable	-	-	-	-	340.28	335.02
Other Receivables	1,276	817.06	642.05	484.6	4.27	3.42
Property, Plant & Equipment	117.35	128.2	141.46	152.75	164.9	156.98
Other Intangible Assets	-	0.14	0.28	0.4	0.69	0.56
Other Current Assets	1.48	445.3	440.8	426.2	338.8	249.18
Other Long-Term Assets	-	25	25	25	25	25
Total Assets	1,593	1,592	1,499	1,385	1,267	961.63
Accrued Expenses	-	71.47	61.39	58.16	37.94	29.41
Insurance & Annuity Liabilities	-	289.25	264.23	252.93	263.95	231.14
Unpaid Claims	-	61.5	81.18	82.22	56.91	12.5
Unearned Premiums	-	18.04	12.86	6.93	1.92	2.18
Reinsurance Payable	-	51.2	8.52	8.42	8.24	2.01
Current Income Taxes Payable	-	161.1	150.34	138.1	127.37	159.63
Long-Term Debt	-	2.08	23.71	6.78	-	-
Long-Term Leases	-	13.44	14.27	11.75	15.75	10.79
Long-Term Deferred Tax Liabilities	-	0.2	0.1	0.13	4.78	5.21
Other Current Liabilities	650.31	35.99	37.03	12.87	3.17	3.62
Other Long-Term Liabilities	-	-0	0	-	-	-
Total Liabilities	650.31	704.26	653.63	578.29	521.75	456.5
Common Stock	484.02	484.02	484.02	484.02	484.02	290.41
Retained Earnings	435.48	379.14	334.49	292.28	227.33	177.56
Comprehensive Income & Other	23.16	24.38	27.09	30.1	33.44	37.16
Shareholders' Equity	942.66	887.54	845.6	806.4	744.8	505.13
Total Liabilities & Equity	1,593	1,592	1,499	1,385	1,267	961.63
Filing Date Shares Outstanding	48.4	48.4	48.4	48.4	48.4	29.04
Total Common Shares Outstanding	48.4	48.4	48.4	48.4	48.4	29.04
Total Debt	-	15.51	37.98	18.53	15.75	10.79
Net Cash (Debt)	101.51	99.49	122.26	188.87	369.51	177.84
Net Cash Growth	-21.80%	-18.63%	-35.27%	-48.88%	107.78%	45.02%
Net Cash Per Share	2.10	2.06	2.53	3.90	7.63	6.12
Book Value Per Share	19.48	18.34	17.47	16.66	15.39	17.39
Tangible Book Value	942.66	887.4	845.32	806	744.11	504.57
Tangible Book Value Per Share	19.48	18.33	17.46	16.65	15.37	17.37
Buildings	-	189.32	189.32	189.32	189.32	189.32
Machinery	-	150.26	157.98	156.86	166.08	153.05

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.