Türkiye Sigorta A.S. (IST:TURSG)

Nuvei 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Equity & Preferred Securities	319.46	6,005	4,234	2,324	1,401	1,139
Other Investments	49,051	15,107	11,332	3,289	883.06	37.43
Total Investments	74,344	40,658	26,399	11,037	3,626	1,360
Cash & Equivalents	17,159	19,584	27,522	7,790	5,589	5,546
Reinsurance Recoverable	2,433	1,950	1,624	584.7	311.53	94.34
Other Receivables	32,359	17,785	9,712	3,961	3,081	2,264
Property, Plant & Equipment	1,456	1,477	1,228	608.49	352.9	229.76
Other Intangible Assets	220.05	192.27	66.25	38.66	27.63	17.88
Restricted Cash	-	5,644	4,025	1,244	514.41	989.28
Other Current Assets	10,216	8,011	5,383	1,958	841.04	541.39
Long-Term Deferred Tax Assets	-	-	331.07	300.84	37.98	24.76
Other Long-Term Assets	5.47	5.61	5.86	6.05	6.01	5.23
Total Assets	138,192	95,308	76,297	27,529	14,387	11,073
Accounts Payable	-	230.95	231.27	83.43	29.47	24.53
Accrued Expenses	812.03	1,947	1,284	624.82	273.56	197.27
Insurance & Annuity Liabilities	1,921	2,038	2,196	1,486	367.99	260.42
Unpaid Claims	25,138	20,664	12,592	5,899	3,737	3,176
Unearned Premiums	37,966	30,653	22,546	8,416	3,256	2,227
Reinsurance Payable	19,839	8,205	3,973	2,975	2,187	1,575
Current Portion of Leases	10.31	17.83	29.79	11.62	0.16	4.4
Current Income Taxes Payable	1,785	1,554	280.81	55.45	128.45	16.65
Long-Term Leases	10.65	12.04	26.63	17.47	13.22	5.79
Long-Term Deferred Tax Liabilities	745.53	155.83	-	-	-	-
Other Current Liabilities	14,181	1,903	18,539	2,000	65.63	75.74
Other Long-Term Liabilities	77.76	67.76	56.62	36.78	26.81	10.71
Total Liabilities	102,648	67,643	61,902	21,778	10,131	7,605
Common Stock	10,000	5,000	1,162	1,162	1,162	1,162
Additional Paid-In Capital	678.17	678.17	671.1	7.02	7.02	7.02
Retained Earnings	19,682	16,089	8,138	2,105	1,671	1,077
Comprehensive Income & Other	5,184	5,898	4,424	2,477	1,417	1,223
Shareholders' Equity	35,544	27,665	14,395	5,751	4,256	3,468
Total Liabilities & Equity	138,192	95,308	76,297	27,529	14,387	11,073
Filing Date Shares Outstanding	10,000	10,000	10,000	10,000	10,000	10,000
Total Common Shares Outstanding	10,000	10,000	10,000	10,000	10,000	10,000
Total Debt	20.96	29.87	56.42	29.09	13.38	10.2
Net Cash (Debt)	17,138	19,554	27,466	7,761	5,576	5,536
Net Cash Growth	17.13%	-28.80%	253.91%	39.18%	0.72%	22.53%
Net Cash Per Share	1.71	1.96	2.75	0.78	0.56	0.55
Book Value Per Share	3.55	2.77	1.44	0.58	0.43	0.35
Tangible Book Value	35,324	27,473	14,329	5,712	4,229	3,450
Tangible Book Value Per Share	3.53	2.75	1.43	0.57	0.42	0.35
Buildings	-	1,197	980	475	285	171.3
Machinery	235.04	232.76	183.75	121.88	78.25	61.41

Updated Jan 28, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.