Aksigorta A.S. (IST:AKGRT)

Aksigorta A.S. Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Other Investments	3,448	2,935	2,627	3,136	2,954	1,735
Total Investments	9,554	8,700	6,347	3,345	2,960	1,742
Cash & Equivalents	7,667	6,980	5,215	5,210	1,802	2,006
Reinsurance Recoverable	726.4	864.31	401.81	131.96	81.36	28.37
Other Receivables	5,679	4,977	6,446	2,783	1,495	1,114
Separate Account Assets	2.69	2.75	2.21	2.01	1.87	1.95
Property, Plant & Equipment	276.46	260.9	114.01	63.88	39.93	43.5
Other Intangible Assets	572.25	392.29	169.71	124.4	82.26	48.06
Restricted Cash	-	162.85	-	-	392.6	264.06
Other Current Assets	2,310	2,397	1,952	905.3	454.66	342.49
Long-Term Deferred Tax Assets	599.64	574.24	356.16	228.58	47.37	-
Other Long-Term Assets	193.62	244.9	128.34	43.76	30.45	9.23
Total Assets	27,581	25,556	21,132	12,837	7,388	5,600
Accounts Payable	-	-	-	-	72.05	26.54
Accrued Expenses	811.6	1,082	777.11	273.89	185.01	113.4
Insurance & Annuity Liabilities	1,096	1,131	610.6	311.44	244.94	151.29
Unpaid Claims	5,742	5,340	3,620	2,858	2,028	1,358
Unearned Premiums	7,962	7,854	7,062	4,429	2,249	1,777
Reinsurance Payable	5,680	4,208	5,156	2,053	1,244	765.63
Current Portion of Leases	32.86	26.65	28.6	18.93	14.97	7.38
Short-Term Debt	-	-	-	622.76	117.83	72.63
Current Income Taxes Payable	94.57	60.33	116.48	-	25.03	23.61
Long-Term Leases	156.59	143.2	28.58	27.03	12.6	21.51
Long-Term Deferred Tax Liabilities	-	-	-	-	-	5.68
Separate Account Liability	0.32	0.3	0.2	0.13	0.13	0.14
Other Current Liabilities	553.25	592.53	439.34	266.8	130.95	67
Total Liabilities	22,159	20,464	17,856	10,895	6,339	4,399
Common Stock	1,612	1,612	1,612	1,612	306	306
Additional Paid-In Capital	3.46	3.46	3.46	3.46	-	-
Retained Earnings	3,731	3,381	1,530	325.53	682.44	802.11
Comprehensive Income & Other	76.08	95.37	131.08	1.88	60.85	92.43
Shareholders' Equity	5,422	5,092	3,276	1,943	1,049	1,201
Total Liabilities & Equity	27,581	25,556	21,132	12,837	7,388	5,600
Filing Date Shares Outstanding	1,612	1,612	1,612	1,612	612	612
Total Common Shares Outstanding	1,612	1,612	1,612	1,612	612	612
Total Debt	189.44	169.84	57.18	668.72	145.4	101.52
Net Cash (Debt)	7,478	6,811	5,158	4,541	1,656	1,905
Net Cash Growth	7.17%	32.05%	13.58%	174.15%	-13.03%	9.22%
Net Cash Per Share	4.64	4.22	3.20	2.82	2.71	3.11
Book Value Per Share	3.36	3.16	2.03	1.21	1.71	1.96
Tangible Book Value	4,850	4,700	3,107	1,818	967.03	1,152
Tangible Book Value Per Share	3.01	2.92	1.93	1.13	1.58	1.88
Machinery	122.55	114.02	67.43	54.24	33.14	33.15

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