COFACE SA (COFAF)

COFACE Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Debt Securities	-	2,558	2,248	2,786	2,519	2,369
Investments in Equity & Preferred Securities	-	157.91	121.98	117.89	597.88	529.45
Total Investments	3,423	3,242	3,199	2,905	3,117	2,899
Cash & Equivalents	468.5	507.83	495.56	553.79	362.44	400.97
Reinsurance Recoverable	398.55	393.64	384.81	356.22	636.88	777.61
Other Receivables	3,626	3,530	3,402	3,337	3,479	3,040
Deferred Policy Acquisition Cost	-	-	-	-	38.9	35.49
Property, Plant & Equipment	84.65	85.36	81.82	91.09	102.06	109.1
Goodwill	156.09	159.26	157.69	158.44	158.06	156.31
Other Intangible Assets	82.32	0.22	0.28	0.4	0.25	0.41
Other Current Assets	2.76	27.19	2.4	10.33	10.46	7.24
Long-Term Deferred Tax Assets	60.46	54.51	89.9	90.69	58.35	49.25
Long-Term Deferred Charges	-	80.96	81.74	80	71.65	74.14
Other Long-Term Assets	-	3.32	3.67	3.53	3.75	3.67
Total Assets	8,302	8,084	7,898	7,586	8,039	7,553
Accrued Expenses	-	106.83	107.14	101.72	107.24	57.74
Insurance & Annuity Liabilities	1,511	44.38	72.94	100.28	277.58	260.73
Unpaid Claims	-	1,456	1,395	1,332	1,351	1,373
Unearned Premiums	-	-	-	-	287.5	255.38
Reinsurance Payable	-	-	-	-	229.47	329.3
Current Portion of Long-Term Debt	-	5.86	239.7	11.52	11.34	11.19
Short-Term Debt	3,258	3,125	2,893	2,927	2,699	2,318
Current Income Taxes Payable	80.67	70.84	51.92	61.68	80.71	70.62
Long-Term Debt	607.58	592.84	592.05	522.76	379.22	378.63
Long-Term Leases	68.22	70.53	67.62	74.62	81.93	88.12
Long-Term Deferred Tax Liabilities	103.22	118.25	143.89	125.44	120.33	110.51
Other Current Liabilities	0.06	4.11	0.03	0.22	3.48	0.03
Other Long-Term Liabilities	438.02	228.48	220.08	248.99	200.22	229.46
Total Liabilities	6,066	5,888	5,845	5,565	5,898	5,554
Common Stock	300.36	300.36	300.36	300.36	300.36	304.06
Additional Paid-In Capital	723.52	723.52	723.5	723.5	810.42	810.42
Retained Earnings	1,290	1,252	1,163	1,095	884.34	754.84
Treasury Stock	-	-24.32	-23.61	-19.15	-15.72	-15.82
Comprehensive Income & Other	-80.27	-57.87	-112.83	-80.97	161.64	144.81
Total Common Equity	2,234	2,194	2,051	2,019	2,141	1,998
Minority Interest	2.25	2.22	2.17	2.27	0.31	0.27
Shareholders' Equity	2,236	2,196	2,053	2,021	2,141	1,999
Total Liabilities & Equity	8,302	8,084	7,898	7,586	8,039	7,553
Filing Date Shares Outstanding	147.9	149.31	149.01	149.06	149.03	148.96
Total Common Shares Outstanding	147.9	149.31	149.01	149.06	149.03	149.69
Total Debt	3,933	3,794	3,792	3,536	3,171	2,796
Net Cash (Debt)	-3,465	-3,286	-3,297	-2,983	-2,809	-2,395
Net Cash Per Share	-23.26	-22.03	-22.12	-20.01	-18.85	-15.93
Book Value Per Share	15.10	14.69	13.76	13.54	14.37	13.35
Tangible Book Value	1,996	2,034	1,893	1,860	1,983	1,842
Tangible Book Value Per Share	13.49	13.62	12.70	12.48	13.30	12.30
Land	-	7.14	7.14	7.14	7.14	7.14
Buildings	-	75.84	75.85	75.85	78.14	78.14

Updated Feb 20, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.