Gjensidige Forsikring ASA (OSL: GJF)

Gjensidige Forsikring ASA Balance Sheet

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

Fiscal Year	TTM	2023	2022	2021	2020	2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Investments in Debt Securities	-	-	-	59.8	151.9	210.7
Investments in Equity & Preferred Securities	438.3	780.5	866.4	1,281	3,760	3,319
Total Investments	68,202	66,980	40,870	38,831	40,407	41,073
Cash & Equivalents	3,253	2,987	3,195	2,348	2,861	2,420
Reinsurance Recoverable	2,927	2,409	1,260	1,043	1,062	1,073
Other Receivables	6,011	4,796	26,384	32,231	31,568	30,654
Separate Account Assets	69,297	59,770	45,916	42,990	34,586	29,989
Property, Plant & Equipment	1,839	1,814	1,636	1,440	1,150	1,265
Goodwill	5,732	5,663	5,294	3,955	3,773	3,555
Other Intangible Assets	2,551	2,479	2,307	1,732	1,132	1,125
Other Current Assets	317.8	714.8	514.8	4,966	1,413	987.3
Long-Term Deferred Tax Assets	273.1	376.9	407.2	24.1	20.7	21.2
Other Long-Term Assets	181.3	292.3	298.5	262.4	338.7	244.1
Total Assets	160,583	148,282	128,083	129,822	118,312	112,406
Accounts Payable	-	334.7	549.5	555.6	234.7	216.3
Accrued Expenses	651.2	3,215	2,913	2,774	2,557	2,311
Insurance & Annuity Liabilities	56,403	51,723	46,464	1,320	1,203	1,120
Unpaid Claims	-	-	-	28,895	28,534	28,165
Unearned Premiums	-	-	-	19,942	18,679	17,395
Reinsurance Payable	30	66.6	27.2	-	-	-
Current Portion of Leases	-	241.1	207.9	205.9	196.6	195.9
Current Income Taxes Payable	-83.1	1,001	1,387	1,523	1,560	1,046
Long-Term Debt	3,434	2,899	2,397	2,396	1,499	1,498
Long-Term Leases	1,422	1,222	1,179	1,065	819.8	929.2
Long-Term Deferred Tax Liabilities	179.5	45.1	53.7	614.2	956.2	1,169
Separate Account Liability	69,297	59,770	45,916	42,990	34,586	29,989
Other Current Liabilities	416.3	398.6	400.7	497.6	767.4	641
Other Long-Term Liabilities	5,136	2,359	1,886	1,127	718	927.4
Total Liabilities	137,658	124,047	104,123	104,617	93,028	86,214
Common Stock	1,000	1,000	1,000	1,000	1,000	1,000
Additional Paid-In Capital	1,591	1,580	1,555	1,531	1,513	1,500
Retained Earnings	19,561	21,793	21,884	23,143	22,976	24,182
Treasury Stock	-0.1	-0.1	-0.1	-0.1	-	-
Comprensive Income & Other	765.5	-147.3	-479.9	-468.7	-205.5	-489.9
Total Common Equity	22,917	24,226	23,959	25,205	25,284	26,192
Minority Interest	7.4	9	0.7	0.7	0.7	0.6
Shareholders' Equity	22,925	24,235	23,960	25,205	25,285	26,192
Total Liabilities & Equity	160,583	148,282	128,083	129,822	118,312	112,406
Filing Date Shares Outstanding	512.72	499.95	499.95	499.96	499.99	499.98
Total Common Shares Outstanding	512.72	499.95	499.95	499.96	499.99	499.98
Total Debt	4,856	4,362	3,784	3,667	2,515	2,624
Net Cash (Debt)	-1,603	-1,375	-588.8	-1,319	345.9	-204
Net Cash Per Share	-3.19	-2.75	-1.18	-2.64	0.69	-0.41
Book Value Per Share	40.76	46.02	45.50	48.00	48.56	50.38
Tangible Book Value	14,635	16,084	16,358	19,518	20,378	21,512
Tangible Book Value Per Share	24.61	29.73	30.29	36.63	38.75	41.02
Machinery	-	466.9	348.2	371.5	370.5	445.5
Construction In Progress	-	194.8	181	90.7	76.5	49.9

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