National Reinsurance Corporation of the Philippines (PSE:NRCP)

PSE:NRCP Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Debt Securities	8,820	8,749	7,091	6,861	6,546
Investments in Equity & Preferred Securities	484.01	462.94	775.25	1,462	1,297
Other Investments	-	252.83	442.29	20.14	48.61
Total Investments	9,756	10,002	8,602	8,347	7,895
Cash & Equivalents	449.74	271.8	724.73	658.19	950.91
Reinsurance Recoverable	8,875	8,343	7,782	6,346	5,837
Other Receivables	180.68	162.63	139.27	57.72	71.06
Deferred Policy Acquisition Cost	1,097	761.41	701.34	658.34	620.85
Property, Plant & Equipment	38.24	42.16	45.16	52.04	59.97
Other Intangible Assets	34.02	0.65	4.73	10.5	17.52
Other Current Assets	25.13	17.47	46.69	36.57	22.98
Long-Term Deferred Tax Assets	582.26	523.26	264.79	264.61	251.49
Other Long-Term Assets	0.14	0.14	0.14	10.06	151.71
Total Assets	21,038	20,124	18,310	16,441	15,879
Accounts Payable	222.24	159.22	169.32	146.9	51.74
Unpaid Claims	9,832	8,730	8,516	7,318	7,081
Unearned Premiums	1,863	2,226	1,705	1,543	1,546
Reinsurance Payable	2,090	2,302	2,097	1,597	1,180
Current Income Taxes Payable	81.67	260.28	-	-	59.69
Long-Term Leases	0.29	0.47	0.25	0.62	1.34
Other Current Liabilities	75.68	189.7	220.79	172	213.53
Total Liabilities	14,173	13,871	12,710	10,777	10,133
Common Stock	2,182	2,182	2,182	2,182	2,182
Additional Paid-In Capital	3,019	3,019	3,019	3,019	3,019
Retained Earnings	1,809	1,258	721.58	665.88	524.18
Treasury Stock	-100.53	-100.53	-100.53	-100.53	-100.53
Comprehensive Income & Other	-45.25	-105.35	-221.82	-102.32	121.49
Shareholders' Equity	6,864	6,253	5,600	5,664	5,746
Total Liabilities & Equity	21,038	20,124	18,310	16,441	15,879
Filing Date Shares Outstanding	2,124	2,124	2,124	2,124	2,124
Total Common Shares Outstanding	2,124	2,124	2,124	2,124	2,124
Total Debt	0.29	0.47	0.25	0.62	1.34
Net Cash (Debt)	449.45	271.33	724.48	657.57	949.57
Net Cash Growth	65.64%	-62.55%	10.17%	-30.75%	-5.24%
Net Cash Per Share	0.21	0.13	0.34	0.31	0.45
Book Value Per Share	3.23	2.94	2.64	2.67	2.71
Tangible Book Value	6,830	6,252	5,596	5,654	5,729
Tangible Book Value Per Share	3.22	2.94	2.63	2.66	2.70
Buildings	101.31	101.31	101.31	101.31	101.31
Machinery	46.74	41.54	44.94	44.47	43.77

Updated Nov 19, 2024. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.