Storebrand ASA (OSL: STB)

Storebrand ASA Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Investments in Debt Securities	309,063	292,407	275,894	294,886	293,506	268,062
Investments in Equity & Preferred Securities	55,255	341,689	279,442	285,854	237,280	198,615
Other Investments	447,745	58,809	56,484	61,355	70,135	52,408
Total Investments	848,840	727,287	646,991	675,471	633,038	548,500
Cash & Equivalents	11,765	15,054	14,620	3,610	2,878	3,160
Reinsurance Recoverable	303	42,575	1,425	45	80	95
Other Receivables	93,035	88,109	79,294	81,148	70,636	65,932
Property, Plant & Equipment	2,584	1,261	1,174	2,925	3,006	2,450
Goodwill	-	3,447	2,954	2,764	2,247	2,162
Other Intangible Assets	5,771	2,287	2,658	1,772	1,408	1,311
Other Current Assets	4,028	8,385	7,671	4,915	9,976	5,314
Long-Term Deferred Tax Assets	2,426	3,134	2,979	1,104	1,780	1,430
Long-Term Deferred Charges	-	751	722	-	-	-
Other Long-Term Assets	46,705	4,650	9,161	2,131	2,714	2,816
Total Assets	1,015,457	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	331,724	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	1,828	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	50,232	41,740	43,376	29,707	27,333	23,885
Long-Term Leases	792	1,170	1,106	1,210	1,355	1,037
Long-Term Deferred Tax Liabilities	1,303	1,232	1,311	832	849	768
Other Current Liabilities	83,868	38,798	38,571	26,526	27,388	20,509
Other Long-Term Liabilities	514,847	413,090	349,414	54,911	59,845	44,933
Total Liabilities	984,785	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	16,688	16,045	16,029	23,250	21,631	19,354
Treasury Stock	-59	-91	-39	-9	-2	-5
Comprehensive Income & Other	961	408	327	1,267	1,434	1,136
Total Common Equity	30,672	29,531	29,519	37,709	35,923	33,346
Minority Interest	-	-	-	-	-	52
Shareholders' Equity	30,672	29,531	29,519	37,709	35,923	33,398
Total Liabilities & Equity	1,015,457	896,940	769,649	775,885	727,763	633,170
Filing Date Shares Outstanding	436.26	447.32	464.21	470.14	467.4	466.87
Total Common Shares Outstanding	436.26	447.32	464.21	470.14	467.4	466.87
Total Debt	52,852	53,609	44,888	38,077	32,767	29,137
Net Cash (Debt)	-41,087	-38,555	-30,268	-34,467	-29,889	-25,977
Net Cash Per Share	-92.54	-84.18	-64.62	-73.79	-63.97	-55.65
Book Value Per Share	69.50	65.11	62.89	79.73	76.37	70.94
Tangible Book Value	24,901	23,797	23,907	33,173	32,268	29,873
Tangible Book Value Per Share	56.27	52.29	50.80	70.08	68.55	63.50

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