Discovery Limited (JSE: DSY)

Discovery Balance Sheet

Financials in millions ZAR. Fiscal year is July - June.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Dec 31, 2023	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020	Jun 30, 2019
Investments in Debt Securities	-	6,856	5,205	4,109	439	25
Investments in Equity & Preferred Securities	7,867	7,024	6,008	3,459	2,713	1,950
Other Investments	10,257	3,054	1,956	1,495	2,084	1,918
Total Investments	173,296	172,360	154,663	140,000	107,950	94,098
Cash & Equivalents	14,507	20,370	19,775	20,013	17,909	9,403
Reinsurance Recoverable	791	10,052	7,678	5,998	5,980	4,759
Other Receivables	13,658	12,429	10,708	8,840	7,535	4,690
Deferred Policy Acquisition Cost	-	799	640	585	632	536
Property, Plant & Equipment	3,918	3,910	3,811	4,188	4,643	4,212
Goodwill	5,353	5,406	4,912	4,879	5,070	4,642
Other Intangible Assets	7,094	6,611	6,162	5,940	5,854	5,063
Other Current Assets	157	1,262	1,301	1,233	1,564	1,049
Long-Term Deferred Tax Assets	5,359	4,404	4,455	3,948	3,511	2,372
Other Long-Term Assets	37,791	64,324	57,262	51,070	49,680	49,409
Total Assets	261,924	301,927	271,367	246,694	210,328	180,233
Accounts Payable	-	190	580	376	148	49
Accrued Expenses	-	1,888	1,765	1,597	1,529	1,604
Insurance & Annuity Liabilities	99,527	99,008	93,460	87,539	70,383	60,582
Unpaid Claims	-	16,497	14,780	13,308	11,044	9,810
Unearned Premiums	-	1,005	1,161	1,250	1,693	669
Reinsurance Payable	5,684	15,769	13,843	12,973	13,132	11,161
Current Portion of Long-Term Debt	2,228	505	3,457	659	-	1,438
Current Portion of Leases	-	-	-	-	-	357
Short-Term Debt	-	36	864	21	29	-
Current Income Taxes Payable	37	165	527	369	793	276
Long-Term Debt	13,998	15,824	12,284	15,146	15,980	9,759
Long-Term Leases	4,265	4,225	4,120	4,263	4,380	3,291
Long-Term Deferred Tax Liabilities	6,687	9,559	9,335	8,814	8,514	8,697
Other Current Liabilities	21,980	61,316	48,263	36,525	26,308	20,959
Other Long-Term Liabilities	54,721	11,310	12,429	16,659	11,034	8,065
Total Liabilities	209,718	237,953	217,812	200,275	165,775	137,150
Preferred Stock, Redeemable	779	800	800	800	800	800
Total Preferred Equity	779	779	779	779	779	779
Common Stock	10,794	1	1	1	1	1
Additional Paid-In Capital	-	12,102	11,588	11,121	10,214	10,214
Retained Earnings	36,769	44,218	38,972	33,550	30,353	31,710
Treasury Stock	-	-1,752	-1,411	-971	-67	-73
Comprensive Income & Other	3,860	8,622	3,621	1,935	3,269	452
Total Common Equity	51,423	63,191	52,771	45,636	43,770	42,304
Minority Interest	4	4	5	4	4	-
Shareholders' Equity	52,206	63,974	53,555	46,419	44,553	43,083
Total Liabilities & Equity	261,924	301,927	271,367	246,694	210,328	180,233
Filing Date Shares Outstanding	662.1	658.42	656.96	656.8	656.64	656.6
Total Common Shares Outstanding	662.1	658.42	656.96	656.8	656.64	656.6
Total Debt	20,491	20,590	20,725	20,089	20,389	14,845
Net Cash (Debt)	-5,984	-220	-950	-76	-2,480	-5,442
Net Cash Per Share	-9.07	-0.33	-1.43	-0.11	-3.75	-8.34
Book Value Per Share	77.67	95.97	80.33	69.48	66.66	64.43
Tangible Book Value	38,976	51,174	41,697	34,817	32,846	32,599
Tangible Book Value Per Share	58.87	77.72	63.47	53.01	50.02	49.65
Land	-	4,076	3,969	4,011	4,081	3,345
Machinery	-	1,674	1,375	1,470	1,682	1,348
Leasehold Improvements	-	1,112	1,018	1,015	1,145	1,089

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