Petrolimex Insurance Corporation (HOSE:PGI)

Petrolimex Insurance Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Debt Securities	390,000	380,000	380,000	305,000	230,000
Investments in Equity & Preferred Securities	114,988	113,783	102,497	118,382	122,569
Other Investments	4,199,232	3,625,082	3,096,082	2,875,315	2,738,000
Total Investments	4,723,824	4,167,173	3,631,305	3,433,229	3,229,370
Cash & Equivalents	150,044	143,523	109,294	100,709	109,761
Reinsurance Recoverable	2,323,971	1,961,345	1,910,507	1,732,375	1,585,239
Other Receivables	238,291	185,485	189,858	281,816	249,969
Property, Plant & Equipment	355,338	371,851	388,726	359,265	323,497
Other Intangible Assets	267,755	271,183	230,416	174,153	181,062
Other Current Assets	267,045	276,375	263,598	253,780	405,498
Long-Term Deferred Tax Assets	3,445	2,864	-	-	-
Other Long-Term Assets	95,098	68,920	38,269	31,202	34,124
Total Assets	8,424,811	7,448,720	6,761,973	6,366,530	6,118,518
Accounts Payable	49,345	40,215	26,696	50,204	11,431
Accrued Expenses	465,927	397,433	369,332	290,057	283,898
Insurance & Annuity Liabilities	428,384	406,608	382,379	359,272	328,019
Unpaid Claims	1,953,372	1,614,845	1,792,221	1,667,816	1,523,370
Unearned Premiums	2,457,565	2,257,623	2,072,101	1,923,520	2,085,576
Reinsurance Payable	452,520	411,200	278,466	206,657	307,679
Short-Term Debt	615,075	358,004	-	-	-
Current Income Taxes Payable	15.73	11,115	10,516	20,803	9,601
Other Current Liabilities	39,102	35,337	111,876	38,967	54,117
Other Long-Term Liabilities	19,244	24,994	7,186	12,221	15,388
Total Liabilities	6,517,430	5,584,098	5,081,498	4,588,596	4,638,792
Common Stock	1,108,968	1,108,968	1,108,968	887,178	887,178
Additional Paid-In Capital	137,673	137,673	137,673	359,463	359,463
Retained Earnings	660,740	617,981	433,834	531,293	233,085
Shareholders' Equity	1,907,381	1,864,622	1,680,475	1,777,934	1,479,726
Total Liabilities & Equity	8,424,811	7,448,720	6,761,973	6,366,530	6,118,518
Filing Date Shares Outstanding	110.9	110.9	110.9	110.9	110.9
Total Common Shares Outstanding	110.9	110.9	110.9	110.9	110.9
Total Debt	615,075	358,004	-	-	-
Net Cash (Debt)	-465,032	-214,481	109,294	100,709	109,761
Net Cash Growth	-	-	8.52%	-8.25%	-0.95%
Net Cash Per Share	-4193.37	-1934.06	985.55	908.14	989.75
Book Value Per Share	17199.60	16814.03	15153.51	16032.27	13343.22
Tangible Book Value	1,639,626	1,593,439	1,450,059	1,603,782	1,298,664
Tangible Book Value Per Share	14785.15	14368.66	13075.76	14461.87	11710.52
Buildings	434,192	417,709	418,549	348,363	347,737
Machinery	161,456	282,192	245,923	220,306	210,464
Construction In Progress	6,859	15,410	39,562	54,625	2,288

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.