PT MSIG Life Insurance Indonesia Tbk (IDX:LIFE)

IDX:LIFE Balance Sheet

Financials in millions IDR. 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	9,171,864	6,676,851	6,177,355	5,348,601	5,488,783
Investments in Equity & Preferred Securities	2,008,264	261	261	478,611	552,838
Policy Loans	2,607	2,452	2,262	2,194	2,479
Other Investments	1,903,868	1,533,992	1,369,127	1,659,728	3,302,199
Total Investments	13,089,426	13,240,702	13,206,554	13,883,122	14,090,660
Cash & Equivalents	668,876	780,815	1,363,572	1,524,001	825,427
Reinsurance Recoverable	68,721	59,745	67,075	54,151	19,175
Other Receivables	101,365	193,242	180,942	122,030	154,194
Deferred Policy Acquisition Cost	-	61,489	101,258	135,747	166,050
Property, Plant & Equipment	176,713	171,817	187,916	215,882	196,008
Other Intangible Assets	-	7,292	7,423	7,241	5,507
Other Current Assets	136,191	158,702	111,922	61,376	24,950
Long-Term Deferred Charges	-	280,000	306,667	333,333	360,000
Other Long-Term Assets	350,134	152	3,113	7,884	5,585
Total Assets	14,591,426	14,953,956	15,536,442	16,344,767	15,847,556
Accounts Payable	-	4,510	5,002	2,730	3,006
Accrued Expenses	212,242	172,959	170,587	153,400	151,428
Insurance & Annuity Liabilities	2,384,577	2,747,309	2,771,476	3,268,441	3,388,257
Unpaid Claims	346,243	471,518	372,305	346,841	316,620
Unearned Premiums	275,435	180,102	92,318	86,720	80,743
Reinsurance Payable	72,509	51,227	17,562	46,216	6,299
Current Portion of Leases	-	8,461	8,083	20,474	34,787
Current Income Taxes Payable	4,659	6,969	4,740	3,147	2,130
Long-Term Leases	6,876	6,235	967	-	-
Long-Term Deferred Tax Liabilities	28,907	36,765	31,065	48,622	63,998
Separate Account Liability	3,283,190	3,559,673	4,202,654	4,699,769	3,694,464
Other Current Liabilities	240,097	140,750	79,581	31,271	2,530
Total Liabilities	6,936,264	7,462,421	7,851,872	8,777,151	7,800,233
Common Stock	210,000	210,000	210,000	210,000	210,000
Additional Paid-In Capital	6,842,500	6,842,500	6,842,500	6,842,500	6,842,500
Retained Earnings	419,159	137,996	381,538	220,661	659,642
Comprehensive Income & Other	183,503	301,039	250,532	294,455	335,181
Shareholders' Equity	7,655,162	7,491,535	7,684,570	7,567,616	8,047,323
Total Liabilities & Equity	14,591,426	14,953,956	15,536,442	16,344,767	15,847,556
Filing Date Shares Outstanding	2,100	2,100	2,100	2,100	2,100
Total Common Shares Outstanding	2,100	2,100	2,100	2,100	2,100
Total Debt	6,876	14,696	9,050	20,474	34,787
Net Cash (Debt)	662,000	766,119	1,354,522	1,503,527	790,640
Net Cash Growth	-13.59%	-43.44%	-9.91%	90.17%	15.95%
Net Cash Per Share	314.56	364.82	645.01	715.97	376.50
Book Value Per Share	3645.32	3567.40	3659.32	3603.63	3832.06
Tangible Book Value	7,655,162	7,484,243	7,677,147	7,560,375	8,041,816
Tangible Book Value Per Share	3645.32	3563.93	3655.78	3600.18	3829.44
Land	-	44,314	44,314	44,314	45,543
Buildings	-	166,357	166,040	163,314	158,998
Machinery	-	83,788	85,725	91,027	96,641
Construction In Progress	-	-	30	164	-

Updated Oct 31, 2024. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.