Kenya Reinsurance Corporation Limited (NASE: KNRE)

KNRE Balance Sheet

Financials in millions KES. 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	24,873	16,370	17,210	15,607	14,939	14,950
Investments in Equity & Preferred Securities	11,920	11,804	9,505	8,167	7,157	6,941
Other Investments	-	12,942	8,071	-	-	-
Total Investments	50,372	54,691	48,009	36,814	35,048	34,648
Cash & Equivalents	13,005	5,144	5,232	11,597	10,760	7,371
Reinsurance Recoverable	1,103	731.5	707.84	2,066	3,321	2,626
Other Receivables	942.6	369.69	417.1	899.09	571.34	1,342
Deferred Policy Acquisition Cost	-	-	-	979.6	737.69	1,409
Property, Plant & Equipment	117.65	121.84	91.81	68.26	92.73	88.92
Other Intangible Assets	41.69	41.24	57.66	112.8	297.76	473.8
Other Current Assets	20.79	76.66	123.42	107.89	89.4	85.29
Long-Term Deferred Tax Assets	29.96	33.92	100.86	-	-	-
Other Long-Term Assets	44.51	4,768	2,712	2,990	2,320	2,320
Total Assets	65,678	65,978	57,452	55,634	53,237	50,363
Accounts Payable	-	277.87	163.11	259.39	249.34	217.23
Accrued Expenses	-	32.51	32.15	37.09	75.63	63.4
Insurance & Annuity Liabilities	12,628	14,024	13,668	-	-	-
Unearned Premiums	-	-	-	3,668	2,851	5,836
Reinsurance Payable	334.29	2.48	-	12,485	13,665	10,700
Current Income Taxes Payable	405.91	772.62	370.91	84.98	156.1	-
Long-Term Deferred Tax Liabilities	2,038	2,038	1,691	1,569	1,282	1,042
Other Current Liabilities	1,360	655.76	514.48	385.82	384.76	425.34
Total Liabilities	16,782	17,803	16,459	18,538	18,839	18,412
Common Stock	6,999	6,999	6,999	6,999	6,999	6,999
Retained Earnings	39,234	37,638	33,147	29,738	27,247	24,736
Comprehensive Income & Other	2,663	3,537	846.02	357.99	150.7	215.03
Shareholders' Equity	48,896	48,175	40,993	37,095	34,397	31,951
Total Liabilities & Equity	65,678	65,978	57,452	55,634	53,237	50,363
Filing Date Shares Outstanding	2,777	5,600	5,600	5,600	5,600	5,600
Total Common Shares Outstanding	2,777	5,600	5,600	5,600	5,600	5,600
Net Cash (Debt)	12,989	5,144	5,232	11,597	10,760	7,371
Net Cash Growth	-10.65%	-1.68%	-54.88%	7.78%	45.97%	27.15%
Net Cash Per Share	2.32	0.92	0.93	2.07	1.92	1.32
Book Value Per Share	17.60	8.60	7.32	6.62	6.14	5.71
Tangible Book Value	48,854	48,134	40,935	36,983	34,100	31,477
Tangible Book Value Per Share	17.59	8.60	7.31	6.60	6.09	5.62
Machinery	-	510.91	441.55	386.2	381.63	346.64

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