Military Insurance Corporation (HOSE:MIG)

Military Insurance Balance Sheet

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

Fiscal Year	FY 2024	FY 2023
Period Ending	Dec 31, 2024	Dec 31, 2023
Total Investments	4,263,000	3,872,022
Cash & Equivalents	329,566	181,584
Reinsurance Recoverable	2,688,761	2,145,817
Other Receivables	345,171	431,346
Property, Plant & Equipment	469,443	419,371
Other Intangible Assets	54,761	37,587
Other Current Assets	1,654,151	1,699,179
Other Long-Term Assets	30,094	32,259
Total Assets	9,834,946	8,819,165
Accrued Expenses	160,357	180,655
Insurance & Annuity Liabilities	444,722	526,842
Unearned Premiums	4,272,978	4,071,739
Current Income Taxes Payable	63,752	65,597
Long-Term Deferred Tax Liabilities	68.34	300.06
Other Current Liabilities	2,383,818	1,715,723
Other Long-Term Liabilities	27,974	27,974
Total Liabilities	7,704,696	6,737,906
Common Stock	1,726,725	1,726,725
Retained Earnings	403,525	354,534
Shareholders' Equity	2,130,250	2,081,259
Total Liabilities & Equity	9,834,946	8,819,165
Net Cash (Debt)	329,566	181,584
Net Cash Growth	81.49%	-
Tangible Book Value	2,075,490	2,043,672
Construction In Progress	385,512	372,908

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