Tune Protect Group Berhad (KLSE: TUNEPRO)

Tune Protect Group Berhad Balance Sheet

Financials in millions MYR. 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	29.6	34.97	37.99	55.64	69.04	69.41
Other Investments	730.56	313.32	8.11	8.2	9.16	7.47
Total Investments	760.16	732.61	713.44	761.01	864.9	827.9
Cash & Equivalents	28.85	72.47	48.53	65	34.17	39.41
Reinsurance Recoverable	355.38	340.44	445.84	746.63	711.55	567.19
Other Receivables	85.81	35.19	44.1	53.03	50.64	84.71
Property, Plant & Equipment	9.32	10.27	7.2	7.95	9.85	6.53
Goodwill	24.17	24.17	24.17	24.17	24.17	24.17
Other Intangible Assets	36.63	38.37	29.05	19.64	5.92	4.4
Other Current Assets	-	3.07	3.1	2.03	1.15	1.65
Long-Term Deferred Tax Assets	1.11	0.47	1.09	1.99	1.47	2.18
Other Long-Term Assets	-	36.84	40.21	44.52	47.88	48.76
Total Assets	1,301	1,294	1,357	1,726	1,752	1,607
Accrued Expenses	-	17	26.83	60.77	40.15	41.24
Insurance & Annuity Liabilities	677.38	649.56	709.67	-	-	-
Unpaid Claims	-	-	-	791.51	779.05	618.42
Unearned Premiums	-	-	-	119.71	123.02	165.16
Reinsurance Payable	0.75	0.67	0.75	48.45	55.26	51.75
Current Portion of Leases	-	1.01	0.37	0.73	0.59	0.35
Current Income Taxes Payable	-	0.7	0.4	0.49	0.35	1.15
Long-Term Leases	6.53	6.21	3.06	3.47	5.52	1.97
Long-Term Deferred Tax Liabilities	-	-	-	0.16	0.14	0.57
Other Current Liabilities	55.67	42.58	37.77	34.13	26.6	28.25
Total Liabilities	740.32	717.71	779.04	1,060	1,031	908.86
Common Stock	249.38	248.76	248.52	248.52	248.52	248.52
Retained Earnings	252.92	266.22	267.16	298.64	313.63	295.24
Comprensive Income & Other	7.12	8.2	10.19	13.16	12.88	15.24
Total Common Equity	509.42	523.17	525.87	560.32	575.03	559
Minority Interest	51.69	53	51.81	106.05	146	139.04
Shareholders' Equity	561.1	576.17	577.68	666.36	721.03	698.04
Total Liabilities & Equity	1,301	1,294	1,357	1,726	1,752	1,607
Filing Date Shares Outstanding	753.64	753.64	751.76	751.76	751.76	751.76
Total Common Shares Outstanding	753.64	752.26	751.76	751.76	751.76	751.76
Total Debt	6.53	7.22	3.42	4.2	6.11	2.32
Net Cash (Debt)	22.32	65.25	45.11	60.81	28.07	37.1
Net Cash Growth	69.78%	44.64%	-25.81%	116.66%	-24.35%	41.04%
Net Cash Per Share	0.03	0.09	0.06	0.08	0.04	0.05
Book Value Per Share	0.68	0.70	0.70	0.75	0.76	0.74
Tangible Book Value	448.62	460.64	472.66	516.51	544.94	530.43
Tangible Book Value Per Share	0.60	0.61	0.63	0.69	0.72	0.71
Machinery	-	11.18	10.57	10.01	11.24	10.19

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