IronRock Insurance Company Limited (JMSE: ROC)

ROC Balance Sheet

Financials in millions JMD. 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 Debt Securities	-	-	353.01	459.88	431.17	518.6
Investments in Equity & Preferred Securities	-	-	112.31	123.51	67.04	89.99
Other Investments	1,085	630.52	277.79	147.26	191.87	94.33
Total Investments	1,085	630.52	743.11	730.65	690.07	702.92
Cash & Equivalents	51.93	395.92	142.4	69.64	31.58	104.14
Reinsurance Recoverable	-	426.78	273.9	408.32	362.53	223.98
Other Receivables	70.98	94.34	56.84	260.28	244.15	182.27
Deferred Policy Acquisition Cost	-	-	-	46.85	40.44	36.5
Property, Plant & Equipment	15.26	15.65	18.72	20.49	11.8	18.93
Other Intangible Assets	3.19	2.97	2.55	3.19	3.83	4.48
Long-Term Deferred Tax Assets	-	-	6.32	7.99	15.12	-
Total Assets	1,517	1,566	1,244	1,547	1,400	1,273
Insurance & Annuity Liabilities	708.45	343.43	180.52	199.15	179.47	160.52
Unpaid Claims	-	433.61	350.32	239.24	208.88	163.85
Unearned Premiums	-	-	-	463.61	412.49	371.21
Current Portion of Leases	-	-	-	-	-	5.22
Long-Term Deferred Tax Liabilities	3.51	3.42	-	-	-	-
Other Long-Term Liabilities	42.04	37.37	35.24	25.77	31.58	23.04
Total Liabilities	753.99	817.83	566.08	927.77	832.42	723.83
Common Stock	465.54	485.82	485.82	485.82	485.82	485.82
Additional Paid-In Capital	139.34	139.34	139.34	139.34	139.34	139.34
Retained Earnings	156.95	148.91	72.31	11.38	-42.33	-90.28
Comprehensive Income & Other	1.54	-25.73	-19.71	-16.9	-15.74	14.5
Shareholders' Equity	763.36	748.34	677.76	619.65	567.1	549.38
Total Liabilities & Equity	1,517	1,566	1,244	1,547	1,400	1,273
Filing Date Shares Outstanding	214	214	214	214	214	214
Total Common Shares Outstanding	214	214	214	214	214	214
Total Debt	-	-	-	-	-	5.22
Net Cash (Debt)	51.93	395.92	142.4	69.64	31.58	98.92
Net Cash Growth	-90.01%	178.03%	104.49%	120.50%	-68.08%	61.74%
Net Cash Per Share	0.25	1.85	0.67	0.33	0.15	0.46
Book Value Per Share	3.57	3.50	3.17	2.90	2.65	2.57
Tangible Book Value	760.17	745.37	675.21	616.46	563.27	544.91
Tangible Book Value Per Share	3.55	3.48	3.16	2.88	2.63	2.55
Machinery	-	48.93	47.44	44.62	32.54	30.71
Leasehold Improvements	-	0.83	0.83	0.83	0.83	0.83

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