Life Insurance Corporation of India (NSE: LICI)

LICI Balance Sheet

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Total Investments	-	626,084	281,971	53,533	5,518	4,008
Cash & Equivalents	-	418,245	454,986	447,243	360,783	631,526
Reinsurance Recoverable	-	35,640	36,628	52.74	5.87	-
Other Receivables	-	2,349,362	2,225,516	2,092,857	2,035,117	2,374,347
Separate Account Assets	-	48,952,390	42,054,737	39,114,227	34,984,407	29,579,078
Property, Plant & Equipment	-	40,637	38,213	35,495	34,466	107,166
Goodwill	-	-	-	-	-	33,284
Other Intangible Assets	-	111.2	154	211.98	273.99	5,267
Other Current Assets	-	385,195	429,449	557,370	544,921	1,941,965
Other Long-Term Assets	-	352,810	263,259	239,587	329,750	321,699
Total Assets	-	53,160,471	45,784,914	42,540,578	38,295,242	34,998,341
Accounts Payable	-	111,929	75,884	67,635	162,249	155,231
Accrued Expenses	-	126,353	115,550	188,666	151,355	121,346
Insurance & Annuity Liabilities	-	51,338,780	44,431,406	41,460,806	37,068,298	31,274,656
Unpaid Claims	-	78,460	70,259	102,739	105,027	108,617
Unearned Premiums	-	14,947	14,339	13,170	15,740	19,482
Reinsurance Payable	-	945.8	442.5	-126.51	-326.55	464.34
Short-Term Debt	-	11.2	21.1	11.5	13.46	7.66
Current Income Taxes Payable	-	-	-	14.35	6.61	-25.61
Long-Term Debt	-	-	-	12.89	36.65	2,534,136
Separate Account Liability	-	349,015	261,789	239,086	329,592	325,353
Other Current Liabilities	-	294,809	310,765	334,820	392,880	447,287
Other Long-Term Liabilities	-	16,226	40,959	19,168	539.97	805.41
Total Liabilities	-	52,331,475	45,321,414	42,426,003	38,225,410	34,987,360
Common Stock	-	63,250	63,250	63,250	1,000	1,000
Additional Paid-In Capital	-	21	21	21.02	21.02	21.02
Retained Earnings	-	757,481	392,593	42,169	63,484	6,953
Comprensive Income & Other	-	6,717	6,464	7,932	4,335	2,044
Total Common Equity	827,469	827,469	462,329	113,372	68,840	10,018
Minority Interest	-	1,527	1,171	1,203	992.76	962.84
Shareholders' Equity	828,996	828,996	463,500	114,575	69,832	10,981
Total Liabilities & Equity	-	53,160,471	45,784,914	42,540,578	38,295,242	34,998,341
Filing Date Shares Outstanding	7,503	6,325	6,325	6,325	6,325	6,325
Total Common Shares Outstanding	7,503	6,325	6,325	6,325	6,325	6,325
Total Debt	11.2	11.2	21.1	24.38	50.11	2,534,144
Net Cash (Debt)	418,234	418,234	454,965	447,219	360,733	-1,902,617
Net Cash Growth	-8.07%	-8.07%	1.73%	23.98%	-	-
Net Cash Per Share	60.46	66.12	71.93	70.71	57.03	-300.81
Book Value Per Share	130.83	130.83	73.10	17.92	10.88	1.58
Tangible Book Value	827,358	827,358	462,175	113,160	68,566	-28,534
Tangible Book Value Per Share	130.81	130.81	73.07	17.89	10.84	-4.51
Land	-	1,435	1,719	2,352	1,783	25,555
Buildings	-	36,640	34,214	32,514	30,998	74,365
Machinery	-	42,698	40,393	37,339	35,355	42,297
Construction In Progress	-	4,025	3,315	1,988	1,483	7,342

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