Bank for Investment and Development of Vietnam Insurance Joint Stock Corporation (HOSE: BIC)

HOSE: BIC Balance Sheet

Financials in millions VND. 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	684,261	450,000	550,000	600,050	547,570	503,399
Investments in Equity & Preferred Securities	37,707	35,434	33,221	29,447	26,771	27,435
Other Investments	5,113,029	4,713,930	4,024,558	3,498,137	2,991,907	2,914,983
Total Investments	6,531,080	5,606,406	4,865,713	4,423,113	3,917,339	3,616,864
Cash & Equivalents	69,060	21,364	28,862	30,489	98,048	119,341
Reinsurance Recoverable	1,430,927	1,200,090	1,112,561	984,365	1,283,596	1,373,716
Other Receivables	409,018	277,764	287,612	309,244	232,643	175,478
Property, Plant & Equipment	41,317	33,978	23,513	20,553	12,519	11,643
Other Intangible Assets	15,738	16,041	7,299	7,850	6,512	6,545
Other Current Assets	323,865	308,402	246,987	189,179	176,445	156,528
Long-Term Deferred Tax Assets	-	-	-	-	-	155.04
Other Long-Term Assets	89,105	86,200	97,188	79,682	84,010	35,371
Total Assets	8,910,110	7,550,246	6,669,734	6,044,474	5,811,113	5,495,640
Accounts Payable	1,544	39,447	37,623	23,809	32,135	8,816
Accrued Expenses	478,211	391,324	304,694	283,415	185,270	183,641
Insurance & Annuity Liabilities	890,785	246,637	222,968	203,565	166,652	143,452
Unpaid Claims	1,401,122	966,417	844,878	749,323	994,367	1,030,170
Unearned Premiums	2,557,392	2,400,612	2,066,630	1,717,706	1,542,678	1,428,714
Reinsurance Payable	-	484,233	503,605	414,845	387,978	395,021
Short-Term Debt	268,973	-	-	-	-	17,911
Current Income Taxes Payable	42,514	61,598	25,669	-5,332	26,912	14,582
Long-Term Debt	-	-	-	7,286	-	-
Long-Term Deferred Tax Liabilities	3,074	3,074	2,261	1,298	1,792	-
Other Current Liabilities	428,530	160,616	47,996	60,645	47,737	24,430
Other Long-Term Liabilities	1,232	1,262	1,031	1,088	663.42	883.26
Total Liabilities	6,082,983	4,766,256	4,068,712	3,468,984	3,393,495	3,254,355
Common Stock	1,172,769	1,172,769	1,172,769	1,172,769	1,172,769	1,172,769
Additional Paid-In Capital	655,565	655,565	655,565	655,565	655,565	655,565
Retained Earnings	993,833	965,582	761,632	728,873	548,184	382,426
Comprehensive Income & Other	-16,127	-32,957	-16,229	-8,795	14,242	5,445
Total Common Equity	2,806,040	2,760,959	2,573,737	2,548,412	2,390,760	2,216,205
Minority Interest	21,088	23,030	27,285	27,078	26,858	25,080
Shareholders' Equity	2,827,128	2,783,989	2,601,022	2,575,490	2,417,618	2,241,285
Total Liabilities & Equity	8,910,110	7,550,246	6,669,734	6,044,474	5,811,113	5,495,640
Filing Date Shares Outstanding	117.28	117.28	117.28	117.28	117.28	117.28
Total Common Shares Outstanding	117.28	117.28	117.28	117.28	117.28	117.28
Total Debt	268,973	-	-	7,286	-	17,911
Net Cash (Debt)	-199,913	21,364	28,862	23,203	98,048	101,430
Net Cash Growth	-	-25.98%	24.39%	-76.34%	-3.33%	1.50%
Net Cash Per Share	-1704.63	182.17	246.10	197.84	836.04	864.88
Book Value Per Share	23926.62	23542.22	21945.81	21729.87	20385.60	18897.20
Tangible Book Value	2,790,302	2,744,918	2,566,438	2,540,563	2,384,248	2,209,660
Tangible Book Value Per Share	23792.42	23405.45	21883.57	21662.94	20330.07	18841.39
Buildings	-	3,151	3,151	3,151	3,151	2,300
Machinery	-	103,590	95,474	87,290	74,171	70,362
Construction In Progress	8,633	5,715	-	-	-	-

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