Mutual Benefits Assurance Plc (NGX:MBENEFIT)

HashiCorp 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Debt Securities	-	-	-	3,057	3,143	21,808
Investments in Equity & Preferred Securities	497.21	878.03	488.71	513.05	556.61	231.93
Other Investments	360.72	50,345	41,213	36,395	33,275	18,887
Total Investments	6,703	57,081	46,255	45,312	43,141	47,815
Cash & Equivalents	50,656	49,165	33,601	18,751	14,164	11,420
Reinsurance Recoverable	11,932	11,899	4,865	4,827	3,682	3,790
Other Receivables	8,102	17,859	17,362	16,097	15,519	13,577
Deferred Policy Acquisition Cost	-	-	-	-	950.02	587.98
Property, Plant & Equipment	6,948	6,648	4,700	3,438	3,483	3,423
Other Intangible Assets	918.12	896.97	690.02	383.3	333.98	46.85
Restricted Cash	500	500	500	500	500	500
Other Current Assets	406.72	1,158	836.13	515.31	1,428	1,097
Long-Term Deferred Tax Assets	723.77	723.77	694	576.27	578.48	612.08
Other Long-Term Assets	77,325	1,204	954.97	-	-	-
Total Assets	164,215	147,134	110,459	90,399	83,780	82,869
Accounts Payable	3,146	1,330	1,148	736.03	830.95	-
Accrued Expenses	-	1,823	1,930	1,692	1,527	2,687
Insurance & Annuity Liabilities	47,227	21,600	16,957	27,252	24.65	25.02
Unpaid Claims	-	25,411	15,809	-	14,736	12,014
Unearned Premiums	-	2,589	1,705	1,363	9,936	6,695
Reinsurance Payable	3,542	2,148	1,606	1,219	791.8	674.67
Current Portion of Long-Term Debt	-	-	-	-	1,937	2,585
Current Income Taxes Payable	852.83	781.52	865.92	769.87	485.12	904.7
Long-Term Debt	400.87	400.87	400.87	400.87	400.87	1,306
Long-Term Deferred Tax Liabilities	652.91	652.91	3,663	1,443	1,365	1,529
Other Current Liabilities	1,282	16,854	16,208	18,269	14,613	12,378
Other Long-Term Liabilities	40,589	18,723	20,109	18,059	17,144	17,353
Total Liabilities	97,693	92,348	80,458	71,456	63,904	58,181
Common Stock	10,031	10,031	10,031	10,031	10,031	5,586
Additional Paid-In Capital	276.49	276.49	276.49	276.49	276.49	-
Retained Earnings	33,573	23,036	10,149	4,479	5,590	11,166
Treasury Stock	-0.25	-0.25	-0.25	-0.25	-0.25	-0.25
Comprehensive Income & Other	17,258	16,928	7,122	3,411	2,511	6,603
Total Common Equity	61,138	50,271	27,579	18,197	18,409	23,355
Minority Interest	5,384	4,514	2,422	745.86	1,467	1,334
Shareholders' Equity	66,523	54,786	30,001	18,943	19,876	24,689
Total Liabilities & Equity	164,215	147,134	110,459	90,399	83,780	82,869
Filing Date Shares Outstanding	-	20,061	20,061	20,061	20,061	11,172
Total Common Shares Outstanding	-	20,061	20,061	20,061	20,061	11,172
Total Debt	400.87	400.87	400.87	400.87	2,338	3,890
Net Cash (Debt)	50,255	48,764	33,201	18,350	11,826	7,530
Net Cash Growth	13.33%	46.88%	80.93%	55.16%	57.05%	10947.39%
Net Cash Per Share	-	2.43	1.65	0.91	0.76	0.67
Book Value Per Share	-	2.51	1.37	0.91	0.92	2.09
Tangible Book Value	60,220	49,374	26,889	17,814	18,075	23,308
Tangible Book Value Per Share	-	2.46	1.34	0.89	0.90	2.09
Land	-	1,375	1,375	1,375	414.54	414.55
Buildings	-	6,110	4,132	2,865	2,813	2,665
Machinery	-	6,483	4,949	3,946	3,734	3,512
Leasehold Improvements	-	754.27	740.87	729.87	1,799	1,799

Updated Mar 13, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.