COFACE SA (EPA: COFA)

COFACE Balance Sheet

Financials in millions EUR. 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 Debt Securities	2,576	2,248	2,786	2,519	2,369	2,360
Investments in Equity & Preferred Securities	133.7	121.98	117.89	597.88	529.45	552.43
Total Investments	3,197	3,199	2,905	3,117	2,899	2,913
Cash & Equivalents	478.42	495.56	553.79	362.44	400.97	320.78
Reinsurance Recoverable	388.11	384.81	356.22	636.88	777.61	593.08
Other Receivables	3,374	3,355	3,337	3,479	3,040	3,105
Deferred Policy Acquisition Cost	-	-	-	38.9	35.49	40.38
Property, Plant & Equipment	88.95	81.82	91.09	102.06	109.1	120.24
Goodwill	154.99	157.69	158.44	158.06	156.31	158.05
Other Intangible Assets	82.67	0.28	0.4	0.25	0.41	0.44
Other Current Assets	2.09	49.4	10.33	10.46	7.24	1.81
Long-Term Deferred Tax Assets	86.42	89.9	90.69	58.35	49.25	64.04
Long-Term Deferred Charges	-	81.74	80	71.65	74.14	62.36
Other Long-Term Assets	-	3.67	3.53	3.75	3.67	3.54
Total Assets	7,853	7,898	7,586	8,039	7,553	7,383
Accrued Expenses	5.62	107.14	101.72	107.24	57.74	75.03
Insurance & Annuity Liabilities	47.3	72.94	100.28	277.58	260.73	265.48
Unpaid Claims	1,444	1,395	1,332	1,351	1,373	1,361
Unearned Premiums	-	-	-	287.5	255.38	281.47
Reinsurance Payable	-	-	-	229.47	329.3	138.79
Current Portion of Long-Term Debt	14.62	239.7	11.52	11.34	11.19	11.21
Short-Term Debt	2,968	2,893	2,927	2,699	2,318	2,363
Current Income Taxes Payable	71.99	51.92	61.68	80.71	70.62	66.3
Long-Term Debt	592.3	592.05	522.76	379.22	378.63	378.05
Long-Term Leases	70.73	67.62	74.62	81.93	88.12	92.99
Long-Term Deferred Tax Liabilities	140.78	143.89	125.44	120.33	110.51	107.36
Other Current Liabilities	-	0.03	0.22	3.48	0.03	0.89
Other Long-Term Liabilities	342.46	220.08	248.99	200.22	229.46	240.69
Total Liabilities	5,745	5,845	5,565	5,898	5,554	5,458
Common Stock	300.36	300.36	300.36	300.36	304.06	304.06
Additional Paid-In Capital	723.5	723.5	723.5	810.42	810.42	810.42
Retained Earnings	1,197	1,163	1,095	884.34	754.84	670.36
Treasury Stock	-24.04	-23.61	-19.15	-15.72	-15.82	-11.19
Comprehensive Income & Other	-90.83	-112.83	-80.97	161.64	144.81	150.82
Total Common Equity	2,106	2,051	2,019	2,141	1,998	1,924
Minority Interest	2.3	2.17	2.27	0.31	0.27	0.27
Shareholders' Equity	2,108	2,053	2,021	2,141	1,999	1,925
Total Liabilities & Equity	7,853	7,898	7,586	8,039	7,553	7,383
Filing Date Shares Outstanding	149.33	149.01	149.06	149.03	148.96	151.03
Total Common Shares Outstanding	149.33	149.01	149.06	149.03	149.69	151.03
Total Debt	3,645	3,792	3,536	3,171	2,796	2,845
Net Cash (Debt)	-3,167	-3,297	-2,983	-2,809	-2,395	-2,524
Net Cash Per Share	-21.23	-22.12	-20.01	-18.85	-15.93	-16.70
Book Value Per Share	14.10	13.76	13.54	14.37	13.35	12.74
Tangible Book Value	1,868	1,893	1,860	1,983	1,842	1,766
Tangible Book Value Per Share	12.51	12.70	12.48	13.30	12.30	11.69
Land	-	7.14	7.14	7.14	7.14	7.14
Buildings	-	75.85	75.85	78.14	78.14	78.14

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