Sanlam Limited (JSE: SLM)

Sanlam Balance Sheet

Financials in millions ZAR. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Investments in Debt Securities	269,330	249,372	244,635	271,840	261,434	234,509
Investments in Equity & Preferred Securities	215,848	44,473	21,198	22,755	18,773	18,682
Other Investments	377,362	363,062	298,007	310,527	300,756	270,338
Total Investments	884,741	837,759	774,086	815,060	787,129	746,595
Cash & Equivalents	21,867	32,358	54,925	42,081	52,478	53,029
Reinsurance Recoverable	12,115	14,530	18,680	27,175	20,710	15,911
Other Receivables	30,826	30,446	24,664	35,577	31,084	33,839
Deferred Policy Acquisition Cost	2,793	2,822	3,150	3,225	3,374	3,505
Property, Plant & Equipment	3,344	3,739	2,812	5,793	5,958	5,361
Goodwill	6,342	6,906	5,001	16,431	16,703	18,974
Other Intangible Assets	3,450	3,331	945	746	788	926
Restricted Cash	6,038	5,664	626	4,847	3,435	1,740
Other Current Assets	46,986	47,213	111,635	97,371	12,039	9,709
Long-Term Deferred Tax Assets	1,593	1,619	1,630	3,154	2,843	1,872
Other Long-Term Assets	4,108	4,065	-	4,718	6,129	8,768
Total Assets	1,024,203	990,452	998,154	1,056,178	942,670	900,229
Accounts Payable	52,151	49,828	45,375	29,893	26,472	30,880
Accrued Expenses	-	402	690	996	589	662
Insurance & Annuity Liabilities	714,693	681,875	647,049	650,425	632,658	597,231
Unpaid Claims	-	16	16	41,532	34,915	28,401
Unearned Premiums	-	-	-	18,324	16,314	14,370
Reinsurance Payable	5,664	5,686	4,171	5,079	5,261	4,487
Current Portion of Long-Term Debt	-	5,941	5,627	3,605	4,177	621
Current Portion of Leases	-	378	341	506	474	479
Short-Term Debt	-	137	16	1,153	848	2,031
Current Income Taxes Payable	2,634	1,938	1,963	2,556	2,542	2,327
Long-Term Debt	13,756	8,995	9,027	11,511	9,660	10,566
Long-Term Leases	1,434	1,141	1,030	1,318	1,438	1,664
Long-Term Deferred Tax Liabilities	9,307	8,768	6,601	7,311	5,810	5,766
Other Current Liabilities	39,795	43,475	79,285	102,894	24,420	28,656
Other Long-Term Liabilities	87,133	84,967	98,004	95,576	99,326	92,220
Total Liabilities	926,567	893,547	899,196	973,282	865,446	820,869
Common Stock	21	22	22	22	22	23
Additional Paid-In Capital	12,504	13,011	12,762	12,762	12,762	13,429
Retained Earnings	65,554	71,718	69,708	53,756	50,632	60,416
Treasury Stock	-1,942	-6,658	-2,888	-1,671	-1,633	-4,127
Comprehensive Income & Other	12,587	10,437	4,973	4,510	2,929	-2,424
Total Common Equity	88,724	88,530	84,577	69,379	64,712	67,317
Minority Interest	8,912	8,375	14,381	13,517	12,512	12,043
Shareholders' Equity	97,636	96,905	98,958	82,896	77,224	79,360
Total Liabilities & Equity	1,024,203	990,452	998,154	1,056,178	942,670	900,229
Filing Date Shares Outstanding	2,079	2,061	2,043	2,050	2,059	2,066
Total Common Shares Outstanding	2,079	2,061	2,043	2,050	2,059	2,066
Total Debt	15,190	16,592	16,041	18,093	16,597	15,361
Net Cash (Debt)	6,677	15,766	38,884	23,988	35,881	37,668
Net Cash Growth	-33.66%	-59.45%	62.10%	-33.15%	-4.74%	-29.93%
Net Cash Per Share	3.17	7.55	18.71	11.49	17.19	18.02
Book Value Per Share	42.68	42.96	41.40	33.85	31.43	32.58
Tangible Book Value	78,932	78,293	78,631	52,202	47,221	47,417
Tangible Book Value Per Share	37.97	38.00	38.49	25.47	22.93	22.95
Machinery	-	4,601	3,707	4,878	4,782	4,420

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