MAPFRE Middlesea p.l.c. (MSE:MMS)

MAPFRE Middlesea p.l.c. Balance Sheet

Financials in millions EUR. 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
Investments in Debt Securities	65.23	88.61	9.74	5.58	1.53
Investments in Equity & Preferred Securities	5.23	23.92	23.6	23.48	26.07
Policy Loans	-	-	-	8.04	8.21
Other Investments	33.46	73.18	114.57	201.75	218.45
Total Investments	2,264	2,261	2,110	2,552	2,396
Cash & Equivalents	81.9	47.98	137.29	71.44	97.06
Reinsurance Recoverable	11.82	13.36	23.59	33.63	32.49
Other Receivables	28.56	28.81	32.97	27.33	29.83
Deferred Policy Acquisition Cost	2	0.81	0.31	8.59	8.34
Property, Plant & Equipment	18.82	18.78	19.09	19.46	18.84
Other Intangible Assets	32.41	29.92	27.84	22.46	17.38
Other Current Assets	5.27	7.61	8.14	4.67	5.8
Long-Term Deferred Tax Assets	2.53	2.12	8.75	2.31	2.35
Other Long-Term Assets	6.2	2.8	2.16	90.24	79.11
Total Assets	2,454	2,413	2,370	2,832	2,687
Accrued Expenses	16.45	17.12	13.54	14.15	12.12
Insurance & Annuity Liabilities	2,028	2,064	2,051	2,406	2,318
Unpaid Claims	-	-	-	101.48	96.43
Unearned Premiums	-	-	-	37.95	34.97
Reinsurance Payable	17.07	15.49	10.75	0.17	0.17
Current Portion of Leases	0.4	0.4	0.4	0.4	0.03
Current Income Taxes Payable	2.44	3.8	42.57	0.84	1.84
Long-Term Leases	1.39	1.26	1.13	1.47	0.99
Long-Term Deferred Tax Liabilities	14.34	14.08	18.79	42.6	37.47
Other Current Liabilities	6.82	-	-	0.78	0.17
Other Long-Term Liabilities	181.64	123.92	72.23	0.22	0.26
Total Liabilities	2,270	2,242	2,212	2,610	2,506
Common Stock	19.32	19.32	19.32	19.32	19.32
Additional Paid-In Capital	0.69	0.69	0.69	0.69	0.69
Retained Earnings	75.54	67.52	59.95	46.21	41.77
Comprehensive Income & Other	0.8	0.64	0.27	44.82	38.83
Total Common Equity	96.35	88.17	80.22	111.04	100.6
Minority Interest	87.17	82.69	78.1	110.93	80.7
Shareholders' Equity	183.52	170.86	158.33	221.97	181.3
Total Liabilities & Equity	2,454	2,413	2,370	2,832	2,687
Filing Date Shares Outstanding	92	92	92	92	92
Total Common Shares Outstanding	92	92	92	92	92
Total Debt	1.79	1.66	1.53	1.87	1.02
Net Cash (Debt)	80.11	46.31	135.76	69.58	96.04
Net Cash Growth	72.97%	-65.88%	95.12%	-27.55%	36.92%
Net Cash Per Share	0.87	0.50	1.48	0.76	1.04
Book Value Per Share	1.05	0.96	0.87	1.21	1.09
Tangible Book Value	63.94	58.25	52.38	88.58	83.22
Tangible Book Value Per Share	0.69	0.63	0.57	0.96	0.90
Land	14.31	14.07	13.9	14.2	14.42
Machinery	9.16	9.45	9.14	8.39	7.84
Leasehold Improvements	3.5	4.38	4.22	3.64	3.37

Updated Jul 29, 2024. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.