National Reinsurance Corporation of the Philippines (PSE: NRCP)

PSE: NRCP Balance Sheet

Financials in millions PHP. 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	8,663	8,749	7,091	6,861	6,546	5,708
Investments in Equity & Preferred Securities	540.95	462.94	775.25	1,462	1,297	1,466
Other Investments	-	252.83	442.29	20.14	48.61	-
Total Investments	9,861	10,002	8,602	8,347	7,895	7,177
Cash & Equivalents	578.35	271.8	724.73	658.19	950.91	1,005
Reinsurance Recoverable	8,706	8,641	7,782	6,346	5,837	5,671
Other Receivables	148.49	162.63	139.27	57.72	71.06	80.01
Deferred Policy Acquisition Cost	1,133	761.41	701.34	658.34	620.85	595.48
Property, Plant & Equipment	39.82	42.16	45.16	52.04	59.97	70.39
Other Intangible Assets	34.02	0.65	4.73	10.5	17.52	26.82
Other Current Assets	42.57	17.47	46.69	36.57	22.98	25.49
Long-Term Deferred Tax Assets	507.05	523.26	264.79	264.61	251.49	167.52
Other Long-Term Assets	0.14	0.14	0.14	10.06	151.71	163.58
Total Assets	21,050	20,422	18,310	16,441	15,879	14,982
Accounts Payable	176.69	159.22	169.32	146.9	51.74	41.34
Unpaid Claims	9,221	8,983	8,516	7,318	7,081	6,552
Unearned Premiums	2,452	2,226	1,705	1,543	1,546	1,774
Reinsurance Payable	2,101	2,345	2,097	1,597	1,180	1,186
Current Income Taxes Payable	-	260.28	-	-	59.69	31.21
Long-Term Leases	0.34	0.47	0.25	0.62	1.34	2.88
Other Current Liabilities	257.39	189.7	220.79	172	213.53	35.51
Total Liabilities	14,223	14,169	12,710	10,777	10,133	9,623
Common Stock	2,182	2,182	2,182	2,182	2,182	2,182
Additional Paid-In Capital	3,019	3,019	3,019	3,019	3,019	3,019
Retained Earnings	1,682	1,258	721.58	665.88	524.18	404.26
Treasury Stock	-100.53	-100.53	-100.53	-100.53	-100.53	-100.53
Comprehensive Income & Other	44.24	-105.35	-221.82	-102.32	121.49	-145.34
Shareholders' Equity	6,827	6,253	5,600	5,664	5,746	5,360
Total Liabilities & Equity	21,050	20,422	18,310	16,441	15,879	14,982
Filing Date Shares Outstanding	2,124	2,124	2,124	2,124	2,124	2,124
Total Common Shares Outstanding	2,124	2,124	2,124	2,124	2,124	2,124
Total Debt	0.34	0.47	0.25	0.62	1.34	2.88
Net Cash (Debt)	578.01	271.33	724.48	657.57	949.57	1,002
Net Cash Growth	8.19%	-62.55%	10.18%	-30.75%	-5.24%	-13.75%
Net Cash Per Share	0.27	0.13	0.34	0.31	0.45	0.47
Book Value Per Share	3.21	2.94	2.64	2.67	2.71	2.52
Tangible Book Value	6,793	6,252	5,596	5,654	5,729	5,333
Tangible Book Value Per Share	3.20	2.94	2.63	2.66	2.70	2.51
Buildings	101.31	101.31	101.31	101.31	101.31	101.31
Machinery	45.71	41.54	44.94	44.47	43.77	41.68

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