Regency Alliance Insurance Plc (NGX: REGALINS)

NGX: REGALINS 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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Investments in Debt Securities	8,419	7,827	6,620	-	-	-
Investments in Equity & Preferred Securities	-	-	-	-	40.1	45.76
Other Investments	756.32	746.82	104.44	4,431	5,031	3,122
Total Investments	10,916	10,306	7,899	5,670	6,333	4,345
Cash & Equivalents	1,168	1,328	1,525	2,256	1,998	2,552
Reinsurance Recoverable	987.72	1,149	1,177	1,255	1,347	1,395
Other Receivables	546.26	578.16	531.48	457.89	459.88	487.97
Deferred Policy Acquisition Cost	-	-	-	124.38	253.83	160.68
Property, Plant & Equipment	5,624	5,093	887.12	805.11	820.61	869.87
Other Intangible Assets	59.64	62.52	20.88	21.6	11.49	17.05
Other Current Assets	39.16	38.49	30.81	979.23	1,098	133
Long-Term Deferred Tax Assets	-	-	-	-	-	8.33
Other Long-Term Assets	300	300	300	300	424.11	406.44
Total Assets	19,640	18,855	12,371	11,869	12,746	10,374
Accounts Payable	116.19	106.46	113.26	104.46	434.01	280.69
Accrued Expenses	307.81	367.18	173.08	67.76	234.48	239.62
Unpaid Claims	4,574	4,600	4,433	2,679	2,619	1,296
Unearned Premiums	-	-	-	1,674	1,756	1,733
Reinsurance Payable	-	-	-	4.55	6.53	-
Short-Term Debt	-	-	-	-	-	16.7
Current Income Taxes Payable	299.99	180.06	166.47	142.85	225.83	262.32
Long-Term Deferred Tax Liabilities	1,382	1,437	100.93	103.48	94	99.5
Other Current Liabilities	99.76	93.6	91.12	98.55	75.27	70.88
Other Long-Term Liabilities	266.38	266.38	266.88	266.88	266.88	21.88
Total Liabilities	7,051	7,054	5,349	5,146	5,718	4,024
Common Stock	3,334	3,334	3,334	3,334	3,334	3,334
Retained Earnings	6,392	5,605	3,666	3,367	3,068	2,442
Comprehensive Income & Other	2,839	2,839	-	-	71.16	-12.39
Total Common Equity	12,565	11,778	7,000	6,702	6,474	5,764
Minority Interest	23.9	22.25	21.64	22.06	553.6	585.68
Shareholders' Equity	12,589	11,801	7,022	6,724	7,027	6,350
Total Liabilities & Equity	19,640	18,855	12,371	11,869	12,746	10,374
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
Net Cash (Debt)	1,168	1,328	1,525	2,256	1,998	2,535
Net Cash Growth	-32.64%	-12.89%	-32.41%	12.90%	-21.17%	28.15%
Net Cash Per Share	0.10	0.11	0.13	0.19	0.17	0.21
Book Value Per Share	1.05	0.98	0.58	0.56	0.54	0.48
Tangible Book Value	12,506	11,716	6,979	6,680	6,462	5,747
Tangible Book Value Per Share	1.04	0.98	0.58	0.56	0.54	0.48
Land	2,600	2,600	494.4	494.4	494.4	491.4
Buildings	2,590	2,505	433.69	342.89	385.98	380.41
Machinery	1,388	816.56	749.53	748.72	1,253	1,262

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