Storebrand ASA (OSL: STB)

Storebrand 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	300,159	292,407	275,894	294,886	293,506	268,062
Investments in Equity & Preferred Securities	52,934	341,689	279,442	285,854	237,280	198,615
Other Investments	422,179	58,809	56,484	61,355	70,135	52,408
Total Investments	809,701	727,287	646,991	675,471	633,038	548,500
Cash & Equivalents	11,732	15,054	14,620	3,610	2,878	3,160
Reinsurance Recoverable	310	42,575	1,425	45	80	95
Other Receivables	91,146	88,109	79,294	81,148	70,636	65,932
Property, Plant & Equipment	2,528	1,261	1,174	2,925	3,006	2,450
Goodwill	-	3,447	2,954	2,764	2,247	2,162
Other Intangible Assets	5,860	2,287	2,658	1,772	1,408	1,311
Other Current Assets	3,552	8,385	7,671	4,915	9,976	5,314
Long-Term Deferred Tax Assets	2,498	3,134	2,979	1,104	1,780	1,430
Long-Term Deferred Charges	-	751	722	-	-	-
Other Long-Term Assets	44,886	4,650	9,161	2,131	2,714	2,816
Total Assets	972,213	896,940	769,649	775,885	727,763	633,170
Accounts Payable	-	306	273	286	173	169
Accrued Expenses	-	41,740	2,029	6,444	3,952	1,763
Insurance & Annuity Liabilities	322,523	318,225	303,277	35,805	30,977	25,670
Unpaid Claims	-	-	-	933	650	594
Unearned Premiums	-	-	-	573,861	534,676	475,928
Reinsurance Payable	19	-	38	-	-	6
Current Portion of Long-Term Debt	2,110	10,699	403	7,160	4,079	4,215
Current Portion of Leases	-	-	3	-	-	-
Current Income Taxes Payable	-	237	167	320	211	29
Long-Term Debt	49,001	41,740	43,376	29,707	27,333	23,885
Long-Term Leases	773	1,170	1,106	1,210	1,355	1,037
Long-Term Deferred Tax Liabilities	1,232	1,232	1,311	832	849	768
Other Current Liabilities	79,962	38,798	38,571	26,526	27,388	20,509
Other Long-Term Liabilities	486,438	413,090	349,414	54,911	59,845	44,933
Total Liabilities	942,227	867,409	740,130	738,176	691,840	599,772
Common Stock	2,240	2,327	2,360	2,360	2,339	2,339
Additional Paid-In Capital	10,842	10,842	10,842	10,841	10,521	10,522
Retained Earnings	15,821	16,045	16,029	23,250	21,631	19,354
Treasury Stock	-40	-91	-39	-9	-2	-5
Comprensive Income & Other	1,123	408	327	1,267	1,434	1,136
Total Common Equity	29,986	29,531	29,519	37,709	35,923	33,346
Minority Interest	-	-	-	-	-	52
Shareholders' Equity	29,986	29,531	29,519	37,709	35,923	33,398
Total Liabilities & Equity	972,213	896,940	769,649	775,885	727,763	633,170
Filing Date Shares Outstanding	440.03	447.32	464.21	470.14	467.4	466.87
Total Common Shares Outstanding	440.03	447.32	464.21	470.14	467.4	466.87
Total Debt	51,884	53,609	44,888	38,077	32,767	29,137
Net Cash (Debt)	-40,152	-38,555	-30,268	-34,467	-29,889	-25,977
Net Cash Per Share	-89.54	-84.18	-64.62	-73.79	-63.97	-55.65
Book Value Per Share	67.34	65.11	62.89	79.73	76.37	70.94
Tangible Book Value	24,126	23,797	23,907	33,173	32,268	29,873
Tangible Book Value Per Share	54.03	52.29	50.80	70.08	68.55	63.50

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