PT MSIG Life Insurance Indonesia Tbk (IDX: LIFE)

LIFE Balance Sheet

Financials in millions IDR. 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	7,072,736	6,676,851	6,177,355	5,348,601	5,488,783	5,911,189
Investments in Equity & Preferred Securities	261	261	261	478,611	552,838	687,792
Policy Loans	2,522	2,452	2,262	2,194	2,479	2,642
Other Investments	1,264,763	1,533,992	1,369,127	1,659,728	3,302,199	3,667,260
Total Investments	13,185,041	13,240,702	13,206,554	13,883,122	14,090,660	14,637,800
Cash & Equivalents	666,479	780,815	1,363,572	1,524,001	825,427	681,866
Reinsurance Recoverable	76,879	59,745	67,075	54,151	19,175	31,868
Other Receivables	220,202	193,242	180,942	122,030	154,194	161,010
Deferred Policy Acquisition Cost	51,039	61,489	101,258	135,747	166,050	115,808
Property, Plant & Equipment	160,448	171,817	187,916	215,882	196,008	176,847
Other Intangible Assets	8,067	7,292	7,423	7,241	5,507	5,235
Other Current Assets	162,540	158,702	111,922	61,376	24,950	31,976
Long-Term Deferred Charges	260,000	280,000	306,667	333,333	360,000	386,667
Other Long-Term Assets	5,049	152	3,113	7,884	5,585	5,347
Total Assets	14,795,744	14,953,956	15,536,442	16,344,767	15,847,556	16,234,424
Accounts Payable	11,885	4,510	5,002	2,730	3,006	2,419
Accrued Expenses	165,219	172,959	170,587	153,400	151,428	111,664
Insurance & Annuity Liabilities	2,382,040	2,747,309	2,771,476	3,268,441	3,388,257	4,798,463
Unpaid Claims	472,886	471,518	372,305	346,841	316,620	217,237
Unearned Premiums	267,034	180,102	92,318	86,720	80,743	64,813
Reinsurance Payable	79,447	51,227	17,562	46,216	6,299	8,775
Current Portion of Leases	7,804	8,461	8,083	20,474	34,787	-
Current Income Taxes Payable	5,517	6,969	4,740	3,147	2,130	2,804
Long-Term Leases	352	6,235	967	-	-	-
Long-Term Deferred Tax Liabilities	40,748	36,765	31,065	48,622	63,998	34,246
Separate Account Liability	3,427,218	3,559,673	4,202,654	4,699,769	3,694,464	3,173,279
Other Current Liabilities	166,318	140,750	79,581	31,271	2,530	5,508
Total Liabilities	7,105,625	7,462,421	7,851,872	8,777,151	7,800,233	8,468,749
Common Stock	210,000	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	6,842,500
Retained Earnings	296,487	137,996	381,538	220,661	659,642	476,527
Comprehensive Income & Other	341,132	301,039	250,532	294,455	335,181	236,648
Shareholders' Equity	7,690,119	7,491,535	7,684,570	7,567,616	8,047,323	7,765,675
Total Liabilities & Equity	14,795,744	14,953,956	15,536,442	16,344,767	15,847,556	16,234,424
Filing Date Shares Outstanding	2,100	2,100	2,100	2,100	2,100	2,100
Total Common Shares Outstanding	2,100	2,100	2,100	2,100	2,100	2,100
Total Debt	8,156	14,696	9,050	20,474	34,787	-
Net Cash (Debt)	658,323	766,119	1,354,522	1,503,527	790,640	681,866
Net Cash Growth	-24.71%	-43.44%	-9.91%	90.17%	15.95%	-8.42%
Net Cash Per Share	313.49	364.82	645.01	715.97	376.50	324.70
Book Value Per Share	3661.96	3567.40	3659.32	3603.63	3832.06	3697.94
Tangible Book Value	7,682,052	7,484,243	7,677,147	7,560,375	8,041,816	7,760,440
Tangible Book Value Per Share	3658.12	3563.93	3655.78	3600.18	3829.44	3695.45
Land	44,314	44,314	44,314	44,314	45,543	45,543
Buildings	166,357	166,357	166,040	163,314	158,998	157,235
Machinery	86,227	83,788	85,725	91,027	96,641	94,654
Construction In Progress	-	-	30	164	-	1,042

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