PEX:PICO Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Investments in Equity & Preferred Securities	-	-	-	0.33	0.31
Other Investments	4.88	4.97	4.54	3.26	-
Total Investments	22.63	20.47	19.76	18.61	14.86
Cash & Equivalents	2.37	1.5	2.84	4.55	7.25
Reinsurance Recoverable	25.14	21.75	9.76	7.52	0.2
Other Receivables	0.61	0.38	0.39	19.92	46.69
Property, Plant & Equipment	9.26	6.96	7.11	6.58	6.53
Restricted Cash	-	-	-	-	1.96
Other Current Assets	1.83	1.68	1.77	1.79	2.43
Long-Term Deferred Tax Assets	2.75	2.22	1.95	1.94	-
Other Long-Term Assets	2.5	3.05	3.43	2.96	1.08
Total Assets	67.11	58.01	47.02	63.87	83.13
Accounts Payable	-	-	-	-	4.96
Accrued Expenses	-	-	-	1.64	4.82
Insurance & Annuity Liabilities	29.89	26.44	15.01	32.18	-
Unpaid Claims	-	-	-	0.51	22.33
Unearned Premiums	-	-	-	-	21.47
Reinsurance Payable	-	-	-	-	1.97
Current Portion of Long-Term Debt	1.09	0.74	2.98	3.52	0.46
Current Portion of Leases	0.06	0.09	0.09	-	-
Short-Term Debt	5.24	3.41	4.13	-	-
Current Income Taxes Payable	5.39	6.02	5.39	4.67	2.08
Long-Term Debt	-	0.3	1.08	3.8	1.21
Long-Term Leases	0.47	0.52	0.34	-	-
Long-Term Deferred Tax Liabilities	0.14	0.12	0.13	0.41	-
Other Current Liabilities	3.9	3.32	3.12	0.81	6.1
Total Liabilities	49.15	43.18	34.56	49.57	67.57
Common Stock	11	9	9	9	9
Retained Earnings	4.38	5.5	3.04	4.57	4.65
Comprehensive Income & Other	2.58	0.33	0.41	0.72	1.9
Shareholders' Equity	17.95	14.82	12.46	14.29	15.56
Total Liabilities & Equity	67.11	58.01	47.02	63.87	83.13
Filing Date Shares Outstanding	11	9.02	9.02	9.02	9.02
Total Common Shares Outstanding	11	9.02	9.02	9.02	9.02
Total Debt	6.85	5.06	8.62	7.32	1.68
Net Cash (Debt)	-4.48	-3.56	-5.78	-2.77	5.57
Net Cash Growth	-	-	-	-	12.22%
Net Cash Per Share	-0.44	-0.39	-0.59	-0.32	0.67
Book Value Per Share	1.63	1.64	1.38	1.58	1.72
Tangible Book Value	17.95	14.82	12.46	14.29	15.56
Tangible Book Value Per Share	1.63	1.64	1.38	1.58	1.72
Buildings	-	-	-	5.99	6.15
Machinery	-	-	-	2.42	2.1

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.