Union Insurance Balance Sheet

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

Millions BDT. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Investments in Equity & Preferred Securities	-	61.09	89.4	88.34	7.34	2.84
Other Investments	86.69	-	-	-	-	-
Total Investments	86.69	61.09	89.4	88.34	7.34	2.84
Cash & Equivalents	100.29	115.01	160.24	207.4	385.26	188.63
Reinsurance Recoverable	-	-	-	-	340.28	335.02
Other Receivables	1,321	817.06	642.05	484.6	4.27	3.42
Property, Plant & Equipment	124.92	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	1.79	445.3	440.8	426.2	338.8	249.18
Other Long-Term Assets	-	25	25	25	25	25
Total Assets	1,635	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	708.7	35.99	37.03	12.87	3.17	3.62
Other Long-Term Liabilities	-	-0	0	-	-	-
Total Liabilities	708.7	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	419.49	379.14	334.49	292.28	227.33	177.56
Comprehensive Income & Other	22.55	24.38	27.09	30.1	33.44	37.16
Shareholders' Equity	926.06	887.54	845.6	806.4	744.8	505.13
Total Liabilities & Equity	1,635	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)	100.29	99.49	122.26	188.87	369.51	177.84
Net Cash Growth	-	-18.63%	-35.27%	-48.88%	107.78%	45.02%
Net Cash Per Share	2.07	2.06	2.53	3.90	7.63	6.12
Book Value Per Share	19.13	18.34	17.47	16.66	15.39	17.39
Tangible Book Value	926.06	887.4	845.32	806	744.11	504.57
Tangible Book Value Per Share	19.13	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.