Kenya Reinsurance Corporation Limited (NASE:KNRE)

NASE:KNRE 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	25,285	16,370	17,210	15,607	14,939
Investments in Equity & Preferred Securities	11,175	11,804	9,505	8,167	7,157
Other Investments	-	12,942	8,071	-	-
Total Investments	50,345	54,691	48,009	36,814	35,048
Cash & Equivalents	14,908	5,144	5,232	11,597	10,760
Reinsurance Recoverable	606.16	731.5	707.84	2,066	3,321
Other Receivables	645	369.69	417.1	899.09	571.34
Deferred Policy Acquisition Cost	-	-	-	979.6	737.69
Property, Plant & Equipment	81.78	121.84	91.81	68.26	92.73
Other Intangible Assets	46.28	41.24	57.66	112.8	297.76
Other Current Assets	18.53	76.66	123.42	107.89	89.4
Long-Term Deferred Tax Assets	101.51	33.92	100.86	-	-
Other Long-Term Assets	60.54	4,768	2,712	2,990	2,320
Total Assets	66,813	65,978	57,452	55,634	53,237
Accounts Payable	-	277.87	163.11	259.39	249.34
Accrued Expenses	-	32.51	32.15	37.09	75.63
Insurance & Annuity Liabilities	13,777	14,024	13,668	-	-
Unearned Premiums	-	-	-	3,668	2,851
Reinsurance Payable	1,023	2.48	-	12,485	13,665
Current Income Taxes Payable	-	772.62	370.91	84.98	156.1
Long-Term Deferred Tax Liabilities	1,420	2,038	1,691	1,569	1,282
Other Current Liabilities	921.63	655.76	514.48	385.82	384.76
Total Liabilities	17,141	17,803	16,459	18,538	18,839
Common Stock	13,999	6,999	6,999	6,999	6,999
Retained Earnings	34,250	37,638	33,147	29,738	27,247
Comprehensive Income & Other	1,423	3,537	846.02	357.99	150.7
Shareholders' Equity	49,672	48,175	40,993	37,095	34,397
Total Liabilities & Equity	66,813	65,978	57,452	55,634	53,237
Filing Date Shares Outstanding	8,456	5,600	5,600	5,600	5,600
Total Common Shares Outstanding	8,456	5,600	5,600	5,600	5,600
Net Cash (Debt)	14,908	5,144	5,232	11,597	10,760
Net Cash Growth	189.81%	-1.68%	-54.88%	7.78%	45.97%
Net Cash Per Share	2.65	0.92	0.93	2.07	1.92
Book Value Per Share	5.87	8.60	7.32	6.62	6.14
Tangible Book Value	49,626	48,134	40,935	36,983	34,100
Tangible Book Value Per Share	5.87	8.60	7.31	6.60	6.09
Machinery	-	510.91	441.55	386.2	381.63

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