General Accident Insurance Company Jamaica Limited (JMSE:GENAC)

JMSE:GENAC Balance Sheet

Financials in millions JMD. 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
Investments in Debt Securities	-	72.3	599.51	1,276	732	1,340
Investments in Equity & Preferred Securities	-	691.59	808.78	419.49	451.57	436.57
Other Investments	3,566	2,317	1,535	1,376	1,840	2,340
Total Investments	4,418	4,045	3,900	3,971	3,786	4,896
Cash & Equivalents	2,998	2,146	1,080	786.3	1,444	756.55
Reinsurance Recoverable	3,713	3,051	2,041	1,986	3,281	2,302
Other Receivables	1,959	394.15	712.39	448.41	1,786	1,602
Deferred Policy Acquisition Cost	-	-	-	-	562.6	496.51
Property, Plant & Equipment	1,120	1,113	1,133	890	823.07	793.13
Other Intangible Assets	157.75	166.11	171.84	166.43	180.01	193.61
Other Current Assets	-	1,231	752	726.49	593.65	82.52
Other Long-Term Assets	-	31.83	30.9	48	48	48
Total Assets	14,365	12,179	9,820	9,023	12,504	11,170
Accrued Expenses	-	384.13	230.07	150.39	351.83	321.44
Insurance & Annuity Liabilities	7,715	6,955	5,137	4,843	31.66	19
Unpaid Claims	-	-	-	-	4,839	3,996
Unearned Premiums	-	-	-	-	2,941	2,610
Reinsurance Payable	1,285	-	10.01	51.31	1,066	954.62
Current Portion of Leases	-	78.31	45.16	41.47	54.04	55.89
Current Income Taxes Payable	114.19	99.08	104.9	42.89	1.04	4.78
Long-Term Leases	202.43	138.76	190.55	12.45	49.17	106.63
Long-Term Deferred Tax Liabilities	43.19	43.13	93.6	73.93	50.65	38.05
Other Long-Term Liabilities	652.21	260.22	1.06	143.78	197.81	89.34
Total Liabilities	10,012	7,959	5,812	5,359	9,582	8,195
Common Stock	470.36	470.36	470.36	470.36	470.36	470.36
Retained Earnings	3,128	2,984	2,968	2,630	1,870	1,812
Comprehensive Income & Other	359.76	377.27	206.14	213.93	289.5	294.44
Total Common Equity	3,958	3,832	3,644	3,314	2,629	2,576
Minority Interest	394.66	388.39	363.79	349.79	292.48	398.49
Shareholders' Equity	4,353	4,220	4,008	3,664	2,922	2,975
Total Liabilities & Equity	14,365	12,179	9,820	9,023	12,504	11,170
Filing Date Shares Outstanding	1,031	1,031	1,031	1,031	1,031	1,031
Total Common Shares Outstanding	1,031	1,031	1,031	1,031	1,031	1,031
Total Debt	202.43	217.07	235.71	53.92	103.21	162.52
Net Cash (Debt)	2,795	1,929	843.88	732.38	1,341	594.03
Net Cash Growth	42.74%	128.62%	15.22%	-45.38%	125.74%	9.13%
Net Cash Per Share	2.77	1.87	0.82	0.71	1.30	0.58
Book Value Per Share	3.84	3.72	3.53	3.21	2.55	2.50
Tangible Book Value	3,800	3,666	3,472	3,148	2,449	2,383
Tangible Book Value Per Share	3.69	3.55	3.37	3.05	2.38	2.31
Land	-	781.91	740.62	705.47	601.97	518.69
Machinery	-	436.66	360.43	259.25	322.12	229.4
Construction In Progress	-	-	-	-	-	19.04

Updated Feb 18, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.