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 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	9,277	8,820	8,749	7,091	6,861	6,546
Investments in Equity & Preferred Securities	435.48	484.01	462.94	775.25	1,462	1,297
Other Investments	-	-	252.83	442.29	20.14	48.61
Total Investments	10,207	9,756	10,002	8,602	8,347	7,895
Cash & Equivalents	601.16	449.74	271.8	724.73	658.19	950.91
Reinsurance Recoverable	8,499	8,875	8,343	7,782	6,346	5,837
Other Receivables	174.33	180.68	162.63	139.27	57.72	71.06
Deferred Policy Acquisition Cost	1,134	1,097	761.41	701.34	658.34	620.85
Property, Plant & Equipment	35.73	38.24	42.16	45.16	52.04	59.97
Other Intangible Assets	53.52	34.02	0.65	4.73	10.5	17.52
Other Current Assets	28.28	25.13	17.47	46.69	36.57	22.98
Long-Term Deferred Tax Assets	544.75	582.26	523.26	264.79	264.61	251.49
Other Long-Term Assets	0.14	0.14	0.14	0.14	10.06	151.71
Total Assets	21,278	21,038	20,124	18,310	16,441	15,879
Accounts Payable	202.36	222.24	159.22	169.32	146.9	51.74
Unpaid Claims	10,011	9,832	8,730	8,516	7,318	7,081
Unearned Premiums	1,810	1,863	2,226	1,705	1,543	1,546
Reinsurance Payable	2,014	2,090	2,302	2,097	1,597	1,180
Current Income Taxes Payable	81.67	81.67	260.28	-	-	59.69
Long-Term Leases	0.25	0.29	0.47	0.25	0.62	1.34
Other Current Liabilities	69.22	75.68	189.7	220.79	172	213.53
Total Liabilities	14,202	14,173	13,871	12,710	10,777	10,133
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	2,004	1,809	1,258	721.58	665.88	524.18
Treasury Stock	-100.53	-100.53	-100.53	-100.53	-100.53	-100.53
Comprehensive Income & Other	-27.89	-45.25	-105.35	-221.82	-102.32	121.49
Shareholders' Equity	7,076	6,864	6,253	5,600	5,664	5,746
Total Liabilities & Equity	21,278	21,038	20,124	18,310	16,441	15,879
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	0.25	0.29	0.47	0.25	0.62	1.34
Net Cash (Debt)	600.91	449.45	271.33	724.48	657.57	949.57
Net Cash Growth	5.78%	65.64%	-62.55%	10.17%	-30.75%	-5.24%
Net Cash Per Share	0.28	0.21	0.13	0.34	0.31	0.45
Book Value Per Share	3.33	3.23	2.94	2.64	2.67	2.71
Tangible Book Value	7,023	6,830	6,252	5,596	5,654	5,729
Tangible Book Value Per Share	3.31	3.22	2.94	2.63	2.66	2.70
Buildings	101.31	101.31	101.31	101.31	101.31	101.31
Machinery	46.88	46.74	41.54	44.94	44.47	43.77

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