Santam Ltd (JSE: SNT)

Santam 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 Equity & Preferred Securities	2,828	2,572	2,063	3,975	3,743	4,135
Other Investments	35,539	30,221	24,795	24,388	20,610	18,826
Total Investments	50,106	46,320	38,132	35,123	33,312	28,717
Cash & Equivalents	5,819	4,819	5,387	4,496	4,383	4,642
Reinsurance Recoverable	7,695	10,087	14,005	15,278	9,405	7,194
Other Receivables	3,542	3,639	3,508	7,931	6,411	5,880
Deferred Policy Acquisition Cost	-	-	-	961	839	727
Property, Plant & Equipment	827	877	640	702	760	984
Goodwill	-	782	751	685	685	676
Other Intangible Assets	1,186	444	322	304	283	272
Other Current Assets	-	-	-	-	-	35
Long-Term Deferred Tax Assets	326	162	139	78	102	107
Other Long-Term Assets	-	-	1,768	-	-	-
Total Assets	69,501	67,130	64,652	65,558	56,180	49,234
Accounts Payable	3,155	1,673	1,934	1,732	2,029	2,079
Accrued Expenses	-	1,157	921	2,102	1,651	1,691
Insurance & Annuity Liabilities	2,888	2,310	1,753	141	158	182
Unpaid Claims	-	-	-	21,949	16,411	12,317
Unearned Premiums	33,001	32,340	34,468	14,091	12,460	10,890
Reinsurance Payable	-	-	-	966	1,412	1,508
Current Portion of Long-Term Debt	-	45	31	19	29	25
Current Portion of Leases	-	-	-	189	206	220
Short-Term Debt	835	690	739	926	867	785
Current Income Taxes Payable	60	238	334	405	171	269
Long-Term Debt	3,058	3,008	2,508	2,533	3,063	2,055
Long-Term Leases	813	824	669	575	576	758
Long-Term Deferred Tax Liabilities	1,172	1,103	100	85	104	78
Other Current Liabilities	114	5,085	4,271	443	563	203
Other Long-Term Liabilities	6,291	1,462	1,246	6,779	5,871	5,622
Total Liabilities	57,163	55,724	53,118	53,496	46,088	39,171
Common Stock	103	103	103	103	103	103
Retained Earnings	12,111	10,228	10,458	10,895	8,880	9,525
Treasury Stock	-869	-845	-713	-570	-527	-482
Comprehensive Income & Other	6	1,206	1,016	1,004	900	396
Total Common Equity	11,351	10,692	10,864	11,432	9,356	9,542
Minority Interest	987	714	670	630	736	521
Shareholders' Equity	12,338	11,406	11,534	12,062	10,092	10,063
Total Liabilities & Equity	69,501	67,130	64,652	65,558	56,180	49,234
Filing Date Shares Outstanding	109.63	109.14	109.6	110.16	110.32	110.48
Total Common Shares Outstanding	109.63	109.14	109.6	110.16	110.32	110.48
Total Debt	4,706	4,567	3,947	4,242	4,741	3,843
Net Cash (Debt)	1,113	252	1,440	254	-358	799
Net Cash Growth	371.61%	-82.50%	466.93%	-	-	1.52%
Net Cash Per Share	10.11	2.29	13.05	2.29	-3.23	7.19
Book Value Per Share	103.54	97.97	99.13	103.78	84.81	86.37
Tangible Book Value	10,165	9,466	9,791	10,443	8,388	8,594
Tangible Book Value Per Share	92.72	86.74	89.34	94.80	76.04	77.79
Machinery	-	824	619	567	547	494

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