Veritas Kapital Assurance Plc (NGX: VERITASKAP)
Nigeria flag Nigeria · Delayed Price · Currency is NGN
1.190
+0.010 (0.85%)
At close: Feb 4, 2025

Veritas Kapital Assurance Balance Sheet

Millions NGN. Fiscal year is Jan - Dec.
Fiscal Year
FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 2019 - 2015
Period Ending
Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 2019 - 2015
Investments in Debt Securities
---3,0053,377
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Investments in Equity & Preferred Securities
---69.9158.41
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Other Investments
11,0818,1235,502300.88184.99
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Total Investments
11,2358,2375,6153,4213,910
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Cash & Equivalents
10,3726,5574,4005,8824,233
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Reinsurance Recoverable
5,8661,807970.991,1161,026
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Other Receivables
1,7461,322739.98198.05246.45
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Deferred Policy Acquisition Cost
---286.64119.38
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Property, Plant & Equipment
5,6585,4364,5574,7293,791
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Goodwill
316.88316.88316.88316.88316.88
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Other Intangible Assets
517.59422.7568.11102.349.9
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Restricted Cash
363.04363.04364.24364.24364.24
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Other Current Assets
219.0981.0384.4275.9-
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Long-Term Deferred Tax Assets
21.7560.8560.8522.297.32
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Long-Term Deferred Charges
83.0548.0544.6522.25-
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Other Long-Term Assets
28.3528.3528.3528.35158.03
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Total Assets
36,42524,68017,25016,56514,222
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Accrued Expenses
1,045831.73505.38749.01403.57
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Insurance & Annuity Liabilities
17,7106,5943,688489.16807.95
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Unpaid Claims
---2,0061,231
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Unearned Premiums
---2,1461,625
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Current Income Taxes Payable
204.53187.03109.0686.6594.46
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Long-Term Deferred Tax Liabilities
221.72184.7527.4620.74324.76
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Other Current Liabilities
343.44187.18212.4101.9108.94
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Other Long-Term Liabilities
---0--
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Total Liabilities
20,0998,3114,7915,7624,718
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Common Stock
6,9336,9336,9336,9336,933
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Additional Paid-In Capital
663.6663.6663.6663.6663.6
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Retained Earnings
2,7582,909449.0767.45-437.85
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Comprehensive Income & Other
3,8713,8712,5212,4501,851
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Total Common Equity
14,22614,37710,56710,1149,010
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Minority Interest
2,1001,9921,892688.78494.37
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Shareholders' Equity
16,32616,36912,45910,8039,504
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Total Liabilities & Equity
36,42524,68017,25016,56514,222
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Filing Date Shares Outstanding
13,86713,86713,86713,867-
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Total Common Shares Outstanding
13,86713,86713,86713,867-
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Net Cash (Debt)
10,3726,5574,4005,8824,233
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Net Cash Growth
58.19%49.03%-25.20%38.95%-2.78%
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Net Cash Per Share
0.750.470.320.42-
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Book Value Per Share
1.031.040.760.73-
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Tangible Book Value
13,39213,63810,1829,6958,643
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Tangible Book Value Per Share
0.970.980.730.70-
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Land
1,3071,3071,2651,228931.39
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Buildings
3,9833,8472,9643,1512,570
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Machinery
2,0301,7531,4751,5101,412
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Construction In Progress
4.95-191.38-2.36
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Source: S&P Capital IQ. Insurance template. Financial Sources.