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	Jun 30, 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	3,880	2,317	1,535	1,376	1,840	2,340
Total Investments	4,813	4,045	3,900	3,971	3,786	4,896
Cash & Equivalents	2,414	2,146	1,080	786.3	1,444	756.55
Reinsurance Recoverable	2,321	3,051	2,041	1,986	3,281	2,302
Other Receivables	1,503	394.15	712.39	448.41	1,786	1,602
Deferred Policy Acquisition Cost	-	-	-	-	562.6	496.51
Property, Plant & Equipment	1,132	1,113	1,133	890	823.07	793.13
Other Intangible Assets	167.93	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	12,351	12,179	9,820	9,023	12,504	11,170
Accrued Expenses	38.58	384.13	230.07	150.39	351.83	321.44
Insurance & Annuity Liabilities	7,141	6,955	5,137	4,843	31.66	19
Unpaid Claims	-	-	-	-	4,839	3,996
Unearned Premiums	-	-	-	-	2,941	2,610
Reinsurance Payable	-	-	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	-	99.08	104.9	42.89	1.04	4.78
Long-Term Leases	218.52	138.76	190.55	12.45	49.17	106.63
Long-Term Deferred Tax Liabilities	42.51	43.13	93.6	73.93	50.65	38.05
Other Long-Term Liabilities	526.89	260.22	1.06	143.78	197.81	89.34
Total Liabilities	7,968	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	3,165	2,984	2,968	2,630	1,870	1,812
Comprehensive Income & Other	365.89	377.27	206.14	213.93	289.5	294.44
Total Common Equity	4,001	3,832	3,644	3,314	2,629	2,576
Minority Interest	382.27	388.39	363.79	349.79	292.48	398.49
Shareholders' Equity	4,383	4,220	4,008	3,664	2,922	2,975
Total Liabilities & Equity	12,351	12,179	9,820	9,023	12,504	11,170
Filing Date Shares Outstanding	911.7	1,031	1,031	1,031	1,031	1,031
Total Common Shares Outstanding	911.7	1,031	1,031	1,031	1,031	1,031
Total Debt	218.52	217.07	235.71	53.92	103.21	162.52
Net Cash (Debt)	2,195	1,929	843.88	732.38	1,341	594.03
Net Cash Growth	76.65%	128.62%	15.22%	-45.38%	125.74%	9.13%
Net Cash Per Share	2.07	1.87	0.82	0.71	1.30	0.58
Book Value Per Share	4.39	3.72	3.53	3.21	2.55	2.50
Tangible Book Value	3,833	3,666	3,472	3,148	2,449	2,383
Tangible Book Value Per Share	4.20	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 Jun 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.