The CIC Insurance Group Plc (NASE:CIC)

The CIC Insurance Group Balance Sheet

Financials in millions KES. 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	-	13,777	16,961	11,396	9,759
Investments in Equity & Preferred Securities	-	128.46	130.34	119.79	134.8
Policy Loans	-	-	-	594.68	546.35
Other Investments	43,282	2,989	2,521	3,100	3,552
Total Investments	47,009	26,814	29,714	25,718	24,555
Cash & Equivalents	823.33	4,866	3,804	3,643	2,069
Reinsurance Recoverable	5,059	3,734	3,728	4,995	5,106
Other Receivables	-	960.45	658.42	1,854	2,012
Deferred Policy Acquisition Cost	-	-	-	557.43	558.57
Property, Plant & Equipment	1,401	1,385	1,197	1,070	1,154
Goodwill	-	98.15	98.15	98.15	98.15
Other Intangible Assets	-	203.25	186.83	215.58	171.96
Other Current Assets	5,056	207.03	124.51	82.35	98.83
Long-Term Deferred Tax Assets	-	1,381	1,164	1,206	952.75
Other Long-Term Assets	2,590	10,651	2,804	2,102	2,010
Total Assets	61,938	50,299	43,479	41,541	38,786
Accrued Expenses	-	483.39	572.43	52.38	50.48
Insurance & Annuity Liabilities	41,842	34,227	29,036	9,056	7,333
Unpaid Claims	-	-	-	5,828	6,688
Unearned Premiums	-	237.84	258.19	4,811	4,699
Reinsurance Payable	-	-	-	563.31	866.27
Current Portion of Long-Term Debt	5,271	5,081	-	-	3,956
Current Portion of Leases	-	108.89	112.13	71.11	97.98
Current Income Taxes Payable	-	229.81	115.94	215.1	78.7
Long-Term Debt	-	-	4,572	4,364	-
Long-Term Leases	-	200.69	151.06	95.91	107.96
Long-Term Deferred Tax Liabilities	-	663.54	288.39	485.04	508.62
Separate Account Liability	98.92	141.27	137.02	546.55	523.66
Other Current Liabilities	-	1,313	864.73	7,440	1,516
Other Long-Term Liabilities	3,711	-	-	-	4,732
Total Liabilities	50,924	42,687	36,108	33,557	31,158
Common Stock	2,616	2,616	2,616	2,616	2,616
Additional Paid-In Capital	162.18	162.18	162.18	162.18	162.18
Retained Earnings	8,294	6,644	5,491	5,619	5,030
Comprehensive Income & Other	-	-1,729	-864.87	-427.15	-148.01
Total Common Equity	11,072	7,693	7,404	7,970	7,660
Minority Interest	-58.02	-80.64	-32.09	14.16	-31.25
Shareholders' Equity	11,014	7,612	7,371	7,984	7,628
Total Liabilities & Equity	61,938	50,299	43,479	41,541	38,786
Filing Date Shares Outstanding	2,616	2,616	2,616	2,616	2,616
Total Common Shares Outstanding	2,616	2,616	2,616	2,616	2,616
Total Debt	5,271	5,391	4,835	4,531	4,162
Net Cash (Debt)	-4,448	-524.92	-1,031	-887.77	-2,092
Net Cash Per Share	-1.62	-0.20	-0.39	-0.34	-0.80
Book Value Per Share	4.23	2.94	2.83	3.05	2.93
Tangible Book Value	11,072	7,391	7,119	7,656	7,390
Tangible Book Value Per Share	4.23	2.83	2.72	2.93	2.83
Buildings	-	821.88	830.82	743.25	744.56
Machinery	-	1,563	1,384	1,370	1,296
Leasehold Improvements	-	4.73	3.88	3.78	3.78

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