Zambia Reinsurance PLC (LUSE:ZMRE)

Zambia Reinsurance Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Other Investments	86.17	59.01	72.75	65.76	46.17
Total Investments	92.47	64.91	78.35	65.76	46.17
Cash & Equivalents	2.38	17.56	1.48	5.47	11.46
Reinsurance Recoverable	76.53	43.8	29.72	6.66	7.95
Other Receivables	25.88	12.59	21.07	18.14	26.88
Deferred Policy Acquisition Cost	-	-	-	-	1.31
Property, Plant & Equipment	12.53	12.51	10.34	8.65	8.84
Other Current Assets	0.01	0.28	0.06	0.1	0.12
Long-Term Deferred Tax Assets	-	-	-	3.15	-
Other Long-Term Assets	-	-	-	5.04	5
Total Assets	209.8	151.65	141.02	112.96	107.75
Accrued Expenses	2.25	2.72	3.57	2.36	2.46
Insurance & Annuity Liabilities	57	33.45	39.49	-	-
Unpaid Claims	-	-	-	4.85	4.87
Unearned Premiums	-	-	-	4.25	4.38
Reinsurance Payable	9.56	6.27	7.47	6.81	6.19
Current Portion of Leases	0.01	0.01	-	-	-
Current Income Taxes Payable	4.28	0.4	-	1.28	-
Long-Term Leases	0.52	0.53	0.55	-	-
Long-Term Deferred Tax Liabilities	0.1	2.31	0.56	-	0.07
Other Current Liabilities	0.64	0.56	0.56	0.43	0.4
Other Long-Term Liabilities	-	-	-	0.7	-
Total Liabilities	74.35	46.26	52.2	20.68	18.37
Common Stock	45	45	45	45	45
Additional Paid-In Capital	24.98	24.98	24.98	24.98	24.98
Retained Earnings	50.65	24.21	10.73	16.76	15.35
Comprehensive Income & Other	14.82	11.2	8.12	5.55	4.05
Shareholders' Equity	135.45	105.39	88.82	92.28	89.38
Total Liabilities & Equity	209.8	151.65	141.02	112.96	107.75
Filing Date Shares Outstanding	45	45	45	45	45
Total Common Shares Outstanding	45	45	45	45	45
Total Debt	0.53	0.54	0.55	-	-
Net Cash (Debt)	1.85	17.02	0.93	5.47	11.46
Net Cash Growth	-89.14%	1728.83%	-82.98%	-52.28%	1401.20%
Net Cash Per Share	0.04	0.38	0.02	0.12	0.25
Book Value Per Share	3.01	2.34	1.97	2.05	1.99
Tangible Book Value	135.45	105.39	88.82	92.28	89.38
Tangible Book Value Per Share	3.01	2.34	1.97	2.05	1.99
Land	-	-	-	-	7.82
Buildings	8.32	8.32	8.32	7.82	-
Machinery	7.15	6.12	4.44	3.98	4.43
Construction In Progress	0.99	0.99	0.29	-	-

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.