Prestige Assurance Plc (NGX:PRESTIGE)

Prestige Assurance 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	14,285	10,007	7,312	3,690	2,514	2,432
Investments in Equity & Preferred Securities	4,817	4,817	4,540	2,799	2,458	2,230
Other Investments	-	3,697	106.43	5.48	852.69	504.04
Total Investments	22,630	21,951	14,926	9,391	8,636	7,915
Cash & Equivalents	4,164	1,763	2,859	3,428	4,312	1,370
Reinsurance Recoverable	12,340	11,172	7,408	6,721	5,871	3,198
Other Receivables	1,384	834.43	638.3	235.7	332.98	440.69
Deferred Policy Acquisition Cost	-	-	-	-	355.13	258.87
Property, Plant & Equipment	1,688	1,706	1,496	1,489	1,456	1,440
Other Intangible Assets	45.37	50.05	60.03	37.06	23.28	28.18
Restricted Cash	300	300	300	300	300	3,621
Other Current Assets	168.94	228.73	162.47	135.42	93.73	76.99
Other Long-Term Assets	-0	-	-	301.52	199.2	156.49
Total Assets	42,721	38,004	27,851	22,039	21,579	18,505
Accrued Expenses	383.13	429.05	273.77	150.74	137.73	174.48
Insurance & Annuity Liabilities	21,255	45.29	8.16	28.62	0.32	32.59
Unpaid Claims	-	9,273	6,083	4,926	5,034	3,224
Unearned Premiums	-	7,241	4,211	2,881	2,317	1,922
Reinsurance Payable	-59.42	-	54.05	3.65	-	8.29
Current Portion of Leases	1.93	1.08	14.21	6.55	6.78	10.04
Current Income Taxes Payable	76.71	165.77	90.28	121.64	88.5	78.28
Long-Term Deferred Tax Liabilities	387.62	387.62	624.77	469.93	454.07	453.54
Other Current Liabilities	494.75	762.86	246.47	131.73	338.29	3.18
Total Liabilities	22,822	18,630	11,902	8,915	8,584	6,102
Common Stock	6,626	6,626	6,626	6,626	6,626	6,626
Additional Paid-In Capital	36.62	36.62	36.62	36.62	36.62	36.62
Retained Earnings	8,136	7,611	4,625	3,315	3,542	3,158
Comprehensive Income & Other	5,100	5,100	4,662	3,146	2,791	2,582
Shareholders' Equity	19,899	19,375	15,950	13,124	12,996	12,403
Total Liabilities & Equity	42,721	38,004	27,851	22,039	21,579	18,505
Filing Date Shares Outstanding	13,253	13,253	13,253	13,253	13,253	13,253
Total Common Shares Outstanding	13,253	13,253	13,253	13,253	13,253	13,253
Total Debt	1.93	1.08	14.21	6.55	6.78	10.04
Net Cash (Debt)	4,162	1,762	2,845	3,421	4,305	1,360
Net Cash Growth	68.69%	-38.08%	-16.83%	-20.53%	216.66%	76.87%
Net Cash Per Share	0.31	0.13	0.21	0.26	0.32	0.20
Book Value Per Share	1.50	1.46	1.20	0.99	0.98	0.94
Tangible Book Value	19,853	19,325	15,890	13,087	12,972	12,375
Tangible Book Value Per Share	1.50	1.46	1.20	0.99	0.98	0.93
Land	450	450	450	450	450	450
Buildings	1,124	1,124	925.28	925.28	902.25	902.25
Machinery	905.56	824.7	711.9	647.44	588.05	480.64

Updated Jan 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.