AXA Mansard Insurance Plc (NGX: MANSARD)

AXA Mansard Insurance Balance Sheet

Financials in millions NGN. 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	88,869	39,895	30,333	26,165	22,213	17,666
Investments in Equity & Preferred Securities	-	-	-	293.57	243.68	182.6
Other Investments	-	2,238	4,432	8,649	8,646	14,143
Total Investments	124,861	74,063	57,475	53,322	50,204	53,095
Cash & Equivalents	23,080	26,173	13,470	17,343	20,252	17,911
Reinsurance Recoverable	36,223	17,792	12,260	7,000	5,007	7,680
Other Receivables	18,977	12,562	13,304	10,552	7,035	5,761
Deferred Policy Acquisition Cost	-	-	-	752.95	415.72	331.05
Property, Plant & Equipment	4,900	5,013	3,883	3,600	3,327	2,526
Goodwill	12	12	12	12	12	938.53
Other Intangible Assets	938.24	943.75	433.6	388.65	318.02	641.77
Restricted Cash	500	500	500	500	500	500
Other Current Assets	-	-	-	6,218	2,884	2,904
Long-Term Deferred Charges	3,109	1,573	1,451	-	-	-
Other Long-Term Assets	2,410	2,497	2,505	4,375	4,485	-
Total Assets	215,011	141,129	105,293	104,065	94,440	92,289
Accrued Expenses	11,443	9,246	6,187	6,295	3,861	4,647
Insurance & Annuity Liabilities	98,394	55,202	42,320	9,857	8,070	6,587
Unpaid Claims	-	-	-	13,785	11,611	11,107
Unearned Premiums	1,587	5,796	2,812	19,226	14,332	16,744
Reinsurance Payable	11,980	1,972	1,525	1,124	835.63	2,646
Current Portion of Long-Term Debt	9,972	5,181	2,104	2,377	2,945	-
Current Portion of Leases	494.38	429.14	283.93	-	-	-
Current Income Taxes Payable	1,977	1,858	1,130	1,962	1,649	935.55
Long-Term Debt	76.69	76.69	76.69	76.69	49.68	6,966
Long-Term Leases	988.76	858.28	567.86	888.57	653.86	256.91
Long-Term Deferred Tax Liabilities	2,772	2,581	855.63	932.57	818.67	841.5
Separate Account Liability	2,998	9,713	9,065	6,868	5,154	4,276
Other Current Liabilities	2,533	2,626	2,603	4,449	4,549	65.93
Other Long-Term Liabilities	2,853	2,916	1,853	898.22	976.39	6,004
Total Liabilities	150,229	99,709	72,185	69,671	56,746	62,210
Common Stock	18,000	18,000	18,000	18,000	18,000	5,250
Additional Paid-In Capital	78.26	78.26	78.26	78.26	-	4,443
Retained Earnings	46,454	20,705	12,178	12,168	10,816	12,139
Treasury Stock	-111.48	-111.48	-111.48	-111.48	-304.92	-304.92
Comprensive Income & Other	-5,541	-1,923	-1,143	-62.33	5,432	3,733
Total Common Equity	58,880	36,749	29,002	30,072	33,943	25,260
Minority Interest	5,902	4,671	4,107	4,321	3,751	4,819
Shareholders' Equity	64,782	41,420	33,108	34,393	37,693	30,079
Total Liabilities & Equity	215,011	141,129	105,293	104,065	94,440	92,289
Filing Date Shares Outstanding	8,944	8,944	8,944	8,944	8,848	8,848
Total Common Shares Outstanding	8,944	8,944	8,944	8,944	8,848	8,848
Total Debt	11,532	6,545	3,033	3,343	3,648	7,223
Net Cash (Debt)	11,548	19,628	10,437	14,001	16,603	10,689
Net Cash Growth	-19.18%	88.06%	-25.45%	-15.68%	55.34%	512.37%
Net Cash Per Share	1.28	2.18	1.16	1.56	1.84	1.19
Book Value Per Share	6.58	4.11	3.24	3.36	3.84	2.85
Tangible Book Value	57,930	35,793	28,556	29,672	33,613	23,680
Tangible Book Value Per Share	6.48	4.00	3.19	3.32	3.80	2.68
Land	389.66	389.66	389.66	389.66	389.66	389.66
Buildings	657.17	657.17	657.17	657.17	657.17	657.17
Machinery	7,876	7,378	6,152	5,208	4,308	3,808
Construction In Progress	381.29	381.29	167.15	100.69	91.65	61.55

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