Aksigorta A.S. (IST: AKGRT)

Aksigorta A.S. Balance Sheet

Financials in millions TRY. 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 Equity & Preferred Securities	130.16	-	-	-	-	-
Other Investments	3,012	2,527	3,136	2,954	1,735	1,186
Total Investments	8,897	6,247	3,345	2,960	1,742	1,329
Cash & Equivalents	7,639	5,294	5,210	1,802	2,006	1,834
Reinsurance Recoverable	490.59	170.65	131.96	81.36	28.37	22.34
Other Receivables	3,676	6,722	2,783	1,495	1,114	755.73
Separate Account Assets	2.67	2.21	2.01	1.87	1.95	1.81
Property, Plant & Equipment	312.63	123.69	63.88	39.93	43.5	49.29
Other Intangible Assets	222.76	169.88	124.4	82.26	48.06	57.08
Restricted Cash	-	33.33	-	392.6	264.06	228.72
Other Current Assets	2,701	1,785	905.3	454.66	342.49	302.47
Long-Term Deferred Tax Assets	536.84	375.01	228.58	47.37	-	23.94
Other Long-Term Assets	241.73	203.37	43.76	30.45	9.23	3.64
Total Assets	24,721	21,126	12,837	7,388	5,600	4,608
Accounts Payable	81.28	222.4	126.12	72.05	26.54	27.54
Accrued Expenses	760.5	536.87	217.41	185.01	113.4	115.71
Insurance & Annuity Liabilities	867.42	711.37	387.48	244.94	151.29	134.89
Unpaid Claims	5,185	3,798	2,858	2,028	1,358	1,138
Unearned Premiums	7,559	7,062	4,429	2,249	1,777	1,520
Reinsurance Payable	5,035	5,156	2,053	1,244	765.63	554.05
Current Portion of Leases	31.76	31.02	18.93	14.97	7.38	3.81
Short-Term Debt	-	-	622.76	117.83	72.63	60.78
Current Income Taxes Payable	64.2	116.48	-	25.03	23.61	52.83
Long-Term Leases	176.35	31.45	27.03	12.6	21.51	25.94
Long-Term Deferred Tax Liabilities	-	-	-	-	5.68	-
Separate Account Liability	-	0.2	0.13	0.13	0.14	0.14
Other Current Liabilities	376.89	206.91	121.11	130.95	67	68.39
Total Liabilities	20,166	17,890	10,895	6,339	4,399	3,709
Common Stock	1,612	1,612	1,612	306	306	306
Additional Paid-In Capital	3.46	3.46	3.46	-	-	-
Retained Earnings	2,712	1,489	325.53	682.44	802.11	495.09
Comprehensive Income & Other	227.5	131.08	1.88	60.85	92.43	97.58
Shareholders' Equity	4,555	3,236	1,943	1,049	1,201	898.67
Total Liabilities & Equity	24,721	21,126	12,837	7,388	5,600	4,608
Filing Date Shares Outstanding	1,612	1,612	1,612	612	612	612
Total Common Shares Outstanding	1,612	1,612	1,612	612	612	612
Total Debt	208.11	62.46	668.72	145.4	101.52	90.53
Net Cash (Debt)	7,431	5,231	4,541	1,656	1,905	1,744
Net Cash Growth	98.96%	15.20%	174.15%	-13.03%	9.22%	1.08%
Net Cash Per Share	4.61	3.25	2.82	2.71	3.11	2.85
Book Value Per Share	2.83	2.01	1.21	1.71	1.96	1.47
Tangible Book Value	4,332	3,066	1,818	967.03	1,152	841.59
Tangible Book Value Per Share	2.69	1.90	1.13	1.58	1.88	1.38
Machinery	113.32	79.16	54.24	33.14	33.15	30.33

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