Guinea Insurance Plc (NGX:GUINEAINS)

Guinea Insurance Balance Sheet

Financials in millions NGN. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Equity & Preferred Securities	720.72	720.72	339.29	299.06	288.53	263.23
Other Investments	1,938	1,838	1,745	1,425	972.44	886.04
Total Investments	3,612	3,509	2,314	1,907	1,367	1,234
Cash & Equivalents	1,487	1,314	1,026	387	383.57	671.66
Reinsurance Recoverable	533.57	571.37	355.33	305.87	176.52	175.32
Other Receivables	75.63	99.7	13.85	2.63	5.84	10.49
Deferred Policy Acquisition Cost	-	-	-	-	67.56	62.93
Property, Plant & Equipment	1,051	951.75	842.07	863.62	934	842.23
Other Intangible Assets	37.89	40.87	52.95	3.51	4.9	4
Other Current Assets	121.98	90.55	65.7	340.67	194.8	170.2
Other Long-Term Assets	333.65	333.66	333.65	333.65	333.65	333.65
Total Assets	7,254	6,911	5,003	4,144	3,468	3,505
Accrued Expenses	82.59	21	70.68	107.06	130.52	47.58
Insurance & Annuity Liabilities	776.38	476.43	387.07	333.84	11.25	15.74
Unpaid Claims	771.2	940.01	685.12	517.84	370.32	499.04
Unearned Premiums	0.18	0.18	146.21	-	447.99	419.44
Reinsurance Payable	-	-	-	-	23.41	-
Current Income Taxes Payable	62.3	56.83	40.03	26.99	20.37	87.06
Long-Term Deferred Tax Liabilities	58.57	56.59	108.04	110.01	110.01	110.01
Other Current Liabilities	140.18	138.56	63.16	49.9	74.34	53.39
Other Long-Term Liabilities	0	-0	-	901.4	151.4	151.4
Total Liabilities	1,903	1,690	1,506	2,066	1,348	1,387
Common Stock	3,971	3,971	3,971	3,070	3,070	3,070
Additional Paid-In Capital	337.55	337.55	337.55	337.55	337.55	337.55
Retained Earnings	-55.93	-186.23	-1,123	-1,601	-1,492	-1,468
Comprehensive Income & Other	1,098	1,098	311.29	271.07	203.71	178.42
Shareholders' Equity	5,351	5,221	3,497	2,078	2,120	2,118
Total Liabilities & Equity	7,254	6,911	5,003	4,144	3,468	3,505
Filing Date Shares Outstanding	7,943	7,943	7,943	6,140	6,140	6,140
Total Common Shares Outstanding	7,943	7,943	7,943	6,140	6,140	6,140
Net Cash (Debt)	1,487	1,314	1,026	387	383.57	671.66
Net Cash Growth	25.35%	28.04%	165.10%	0.90%	-42.89%	-1.31%
Net Cash Per Share	0.19	0.17	0.13	0.06	0.06	0.11
Book Value Per Share	0.67	0.66	0.44	0.34	0.35	0.34
Tangible Book Value	5,313	5,180	3,444	2,075	2,115	2,114
Tangible Book Value Per Share	0.67	0.65	0.43	0.34	0.34	0.34
Land	138	138	276	276	276	276
Buildings	660	660	527.3	527.3	527.3	525
Machinery	775.94	651.91	555.84	519.35	546.49	424.68

Updated Feb 7, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.