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	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	-	88.61	9.74	5.58	1.53	4.78
Investments in Equity & Preferred Securities	22.11	23.92	23.6	23.48	26.07	27.62
Policy Loans	-	-	-	8.04	8.21	8.36
Other Investments	2,128	73.22	114.57	201.75	218.45	247.95
Total Investments	2,256	2,261	2,110	2,552	2,396	2,365
Cash & Equivalents	56.68	47.98	137.29	71.44	97.06	70.99
Reinsurance Recoverable	12.93	13.36	23.59	33.63	32.49	30.71
Other Receivables	41.51	28.81	32.97	27.33	29.83	28.56
Deferred Policy Acquisition Cost	-	0.81	0.31	8.59	8.34	8.11
Property, Plant & Equipment	18.78	18.78	19.09	19.46	18.84	18.41
Other Intangible Assets	31.58	29.92	27.84	22.46	17.38	13.74
Other Current Assets	-	7.61	8.14	4.67	5.8	3.86
Long-Term Deferred Tax Assets	2.31	2.12	8.75	2.31	2.35	2.19
Other Long-Term Assets	-	2.76	2.16	90.24	79.11	74.78
Total Assets	2,420	2,413	2,370	2,832	2,687	2,616
Accrued Expenses	-	17.12	13.54	14.15	12.12	11.71
Insurance & Annuity Liabilities	2,021	2,064	2,051	2,406	2,318	2,283
Unpaid Claims	-	-	-	101.48	96.43	85.39
Unearned Premiums	-	-	-	37.95	34.97	34.51
Reinsurance Payable	15.66	15.49	10.75	0.17	0.17	0.17
Current Portion of Leases	-	0.4	0.4	0.4	0.03	-
Current Income Taxes Payable	4.32	3.8	42.57	0.84	1.84	0.83
Long-Term Leases	1.87	1.26	1.13	1.47	0.99	0.85
Long-Term Deferred Tax Liabilities	14.11	14.08	18.79	42.6	37.47	33.22
Other Current Liabilities	0.72	-	-	0.78	0.17	0.12
Other Long-Term Liabilities	187.68	123.92	72.23	0.22	0.26	0.26
Total Liabilities	2,246	2,242	2,212	2,610	2,506	2,453
Common Stock	19.32	19.32	19.32	19.32	19.32	19.32
Additional Paid-In Capital	0.69	0.69	0.69	0.69	0.69	0.69
Retained Earnings	69.05	67.52	59.95	46.21	41.77	32.63
Comprehensive Income & Other	0.61	0.64	0.27	44.82	38.83	36.86
Total Common Equity	89.67	88.17	80.22	111.04	100.6	89.51
Minority Interest	84.49	82.69	78.1	110.93	80.7	73.68
Shareholders' Equity	174.17	170.86	158.33	221.97	181.3	163.19
Total Liabilities & Equity	2,420	2,413	2,370	2,832	2,687	2,616
Filing Date Shares Outstanding	91.36	92	92	92	92	92
Total Common Shares Outstanding	91.36	92	92	92	92	92
Total Debt	1.87	1.66	1.53	1.87	1.02	0.85
Net Cash (Debt)	54.81	46.31	135.76	69.58	96.04	70.14
Net Cash Growth	-26.84%	-65.88%	95.12%	-27.55%	36.92%	-0.35%
Net Cash Per Share	0.60	0.50	1.48	0.76	1.04	0.76
Book Value Per Share	0.98	0.96	0.87	1.21	1.09	0.97
Tangible Book Value	58.1	58.25	52.38	88.58	83.22	75.76
Tangible Book Value Per Share	0.64	0.63	0.57	0.96	0.90	0.82
Land	-	14.07	13.9	14.2	14.42	14.26
Machinery	-	9.45	9.14	8.39	7.84	7.21
Leasehold Improvements	-	4.38	4.22	3.64	3.37	3.16

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