Coronation Insurance Balance Sheet

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

Millions NGN. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Investments in Debt Securities	-	27,646	26,738	13,198	9,078	8,115
Investments in Equity & Preferred Securities	6,818	13,425	16,355	13,574	10,734	12,829
Total Investments	55,981	50,871	43,134	26,937	19,959	21,027
Cash & Equivalents	32,525	18,211	14,886	8,159	5,838	7,058
Reinsurance Recoverable	14,295	7,928	5,917	4,146	4,089	4,309
Other Receivables	9,684	3,223	84.18	1,647	808.88	262.1
Deferred Policy Acquisition Cost	-	-	-	-	-	276.63
Property, Plant & Equipment	7,074	7,514	7,563	3,944	3,628	3,539
Other Intangible Assets	2,355	2,652	2,823	1,586	839.45	444.89
Restricted Cash	3,746	1,823	951.42	1,058	813.04	725.06
Other Current Assets	-	5,878	1,057	214.64	145.13	1,304
Long-Term Deferred Tax Assets	-	-	29.42	-	271.34	239.05
Long-Term Deferred Charges	-	-	353.25	321.91	227.39	470.57
Other Long-Term Assets	-0	-	-	-	145.8	145.8
Total Assets	125,659	98,100	76,798	48,014	36,765	39,802
Accounts Payable	-	-	-	-	947.83	1,132
Accrued Expenses	-	959.8	1,273	1,278	1,316	765.29
Insurance & Annuity Liabilities	47,377	21,836	13,392	9,154	5,244	819.29
Unpaid Claims	-	11,743	9,051	5,809	6,846	9,795
Unearned Premiums	-	457.4	4,231	548.22	301.77	4,081
Reinsurance Payable	2.75	-	4.23	1,475	788.99	276.18
Current Portion of Leases	-	387.71	-	-	-	6.71
Current Income Taxes Payable	1,793	2,052	1,126	534.32	385.36	260.04
Long-Term Leases	398.17	167.03	756.87	-	20.67	16.78
Long-Term Deferred Tax Liabilities	915.97	946.45	837.58	202.61	-	-
Other Current Liabilities	-	10,483	6,221	4,111	330.09	968.54
Other Long-Term Liabilities	12,097	575.62	145.52	380.9	1,019	91.69
Total Liabilities	62,584	49,608	37,039	23,627	17,199	18,213
Common Stock	11,996	11,996	11,996	11,996	11,996	11,996
Additional Paid-In Capital	4,613	4,613	4,613	4,613	4,613	4,613
Retained Earnings	36,278	22,389	14,873	2,963	1,144	3,227
Comprehensive Income & Other	10,188	9,495	8,277	4,815	1,814	1,752
Shareholders' Equity	63,074	48,492	39,759	24,386	19,566	21,589
Total Liabilities & Equity	125,659	98,100	76,798	48,014	36,765	39,802
Filing Date Shares Outstanding	-	23,992	23,992	23,992	23,992	23,992
Total Common Shares Outstanding	-	23,992	23,992	23,992	23,992	23,992
Total Debt	398.17	554.74	756.87	-	20.67	23.49
Net Cash (Debt)	32,127	17,657	14,129	8,159	5,818	7,035
Net Cash Growth	93.90%	24.97%	73.17%	40.24%	-17.30%	202.43%
Net Cash Per Share	-	0.74	0.59	0.34	0.24	0.29
Book Value Per Share	-	2.02	1.66	1.02	0.82	0.90
Tangible Book Value	60,720	45,841	36,936	22,800	18,727	21,144
Tangible Book Value Per Share	-	1.91	1.54	0.95	0.78	0.88
Land	-	1,750	1,750	446.47	446.47	446.47
Buildings	-	3,550	3,550	2,518	2,518	2,518
Machinery	-	6,570	5,584	4,050	3,490	3,024
Construction In Progress	-	0.88	44.03	213.2	101.47	124.23