Petrolimex Insurance Corporation (HOSE: PGI)

Petrolimex Insurance 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	-	380,000	380,000	305,000	230,000	160,000
Investments in Equity & Preferred Securities	1,350	113,783	102,497	118,382	122,569	718.05
Other Investments	4,569,361	3,625,082	3,096,082	2,875,315	2,738,000	2,790,820
Total Investments	4,570,711	4,167,173	3,631,305	3,433,229	3,229,370	3,085,633
Cash & Equivalents	144,484	143,523	109,294	100,709	109,761	110,817
Reinsurance Recoverable	2,535,216	1,961,345	1,910,507	1,732,375	1,585,239	1,594,667
Other Receivables	298,291	185,485	189,858	281,816	249,969	311,198
Property, Plant & Equipment	362,656	371,851	388,726	359,265	323,497	292,777
Other Intangible Assets	268,967	271,183	230,416	174,153	181,062	170,792
Other Current Assets	188,299	276,375	263,598	253,780	405,498	242,808
Long-Term Deferred Tax Assets	3,490	2,864	-	-	-	-
Other Long-Term Assets	86,965	68,920	38,269	31,202	34,124	34,147
Total Assets	8,459,079	7,448,720	6,761,973	6,366,530	6,118,518	5,842,839
Accounts Payable	31,039	40,215	26,696	50,204	11,431	31,128
Accrued Expenses	446,221	397,433	369,332	290,057	283,898	273,884
Insurance & Annuity Liabilities	464,057	406,608	382,379	359,272	328,019	312,881
Unpaid Claims	2,175,055	1,614,845	1,792,221	1,667,816	1,523,370	1,470,372
Unearned Premiums	2,421,824	2,257,623	2,072,101	1,923,520	2,085,576	1,819,550
Reinsurance Payable	490,974	411,200	278,466	206,657	307,679	307,638
Short-Term Debt	463,123	358,004	-	-	-	-
Current Income Taxes Payable	9,020	11,115	10,516	20,803	9,601	14,449
Other Current Liabilities	25,333	35,337	111,876	38,967	54,117	35,011
Other Long-Term Liabilities	35,762	24,994	7,186	12,221	15,388	18,672
Total Liabilities	6,589,208	5,584,098	5,081,498	4,588,596	4,638,792	4,305,155
Common Stock	1,108,968	1,108,968	1,108,968	887,178	887,178	887,178
Additional Paid-In Capital	137,673	137,673	137,673	359,463	359,463	359,463
Retained Earnings	623,230	617,981	433,834	531,293	233,085	291,043
Shareholders' Equity	1,869,871	1,864,622	1,680,475	1,777,934	1,479,726	1,537,683
Total Liabilities & Equity	8,459,079	7,448,720	6,761,973	6,366,530	6,118,518	5,842,839
Filing Date Shares Outstanding	110.9	110.9	110.9	110.9	110.9	110.9
Total Common Shares Outstanding	110.9	110.9	110.9	110.9	110.9	110.9
Total Debt	463,123	358,004	-	-	-	-
Net Cash (Debt)	-318,639	-214,481	109,294	100,709	109,761	110,817
Net Cash Growth	-	-	8.52%	-8.25%	-0.95%	-35.03%
Net Cash Per Share	-2873.30	-1934.06	985.55	908.14	989.75	999.28
Book Value Per Share	16861.36	16814.03	15153.51	16032.27	13343.22	13865.84
Tangible Book Value	1,600,904	1,593,439	1,450,059	1,603,782	1,298,664	1,366,892
Tangible Book Value Per Share	14435.98	14368.66	13075.76	14461.87	11710.52	12325.75
Buildings	419,059	417,709	418,549	348,363	347,737	299,998
Machinery	278,757	282,192	245,923	220,306	210,464	89,053
Construction In Progress	22,284	15,410	39,562	54,625	2,288	25,296

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