Regency Alliance Insurance Plc (NGX: REGALINS)

REGALINS Balance Sheet

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

Fiscal Year	TTM	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Sep 30, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018
Investments in Equity & Preferred Securities	-	-	-	40.1	45.76	46.69
Other Investments	116	6,759	4,431	5,031	3,122	2,562
Total Investments	8,538	7,934	5,670	6,333	4,345	3,954
Cash & Equivalents	1,734	1,533	2,256	1,998	2,552	1,986
Reinsurance Recoverable	1,322	349.53	1,255	1,347	1,395	1,707
Other Receivables	452.92	533.96	457.89	459.88	487.97	396.58
Deferred Policy Acquisition Cost	-	151.39	124.38	253.83	160.68	223.22
Property, Plant & Equipment	1,088	887.12	805.11	820.61	869.87	964.85
Other Intangible Assets	44.41	20.88	21.6	11.49	17.05	25.61
Other Current Assets	34.33	1,127	979.23	1,098	133	179.39
Long-Term Deferred Tax Assets	-	-	-	-	8.33	5.11
Other Long-Term Assets	300	300	300	424.11	406.44	410.89
Total Assets	13,514	12,836	11,869	12,746	10,374	9,853
Accounts Payable	109.91	113.26	104.46	434.01	280.69	293.57
Accrued Expenses	66.73	157.62	67.76	234.48	239.62	212.73
Unpaid Claims	3,890	2,134	2,679	2,619	1,296	1,373
Unearned Premiums	305.22	2,533	1,674	1,756	1,733	1,821
Reinsurance Payable	47.55	15.45	4.55	6.53	-	-
Short-Term Debt	-	-	-	-	16.7	8.25
Current Income Taxes Payable	197.35	156.74	142.85	225.83	262.32	189.31
Long-Term Deferred Tax Liabilities	140.97	100.93	103.48	94	99.5	47.5
Other Current Liabilities	127.11	91.12	98.55	75.27	70.88	36.08
Other Long-Term Liabilities	266.88	266.88	266.88	266.88	21.88	21.88
Total Liabilities	5,157	5,575	5,146	5,718	4,024	4,011
Common Stock	3,334	3,334	3,334	3,334	3,334	3,334
Retained Earnings	4,999	3,905	3,367	3,068	2,442	1,765
Comprehensive Income & Other	0	-	-	71.16	-12.39	195.56
Total Common Equity	8,334	7,239	6,702	6,474	5,764	5,295
Minority Interest	22.89	22.57	22.06	553.6	585.68	546.5
Shareholders' Equity	8,357	7,262	6,724	7,027	6,350	5,842
Total Liabilities & Equity	13,514	12,836	11,869	12,746	10,374	9,853
Filing Date Shares Outstanding	12,004	12,004	12,004	12,004	12,004	12,004
Total Common Shares Outstanding	12,004	12,004	12,004	12,004	12,004	12,004
Total Debt	-	-	-	-	16.7	8.25
Net Cash (Debt)	1,734	1,533	2,256	1,998	2,535	1,978
Net Cash Growth	-30.49%	-32.07%	12.90%	-21.17%	28.15%	1.96%
Net Cash Per Share	0.14	0.13	0.19	0.17	0.21	0.16
Book Value Per Share	0.69	0.60	0.56	0.54	0.48	0.44
Tangible Book Value	8,289	7,218	6,680	6,462	5,747	5,270
Tangible Book Value Per Share	0.69	0.60	0.56	0.54	0.48	0.44
Land	494.4	494.4	494.4	494.4	491.4	-
Buildings	574.12	433.69	342.89	385.98	380.41	-
Machinery	819.36	749.52	748.72	1,253	1,262	-

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