Askari General Insurance Company Limited (PSX: AGIC)

AGIC Balance Sheet

Financials in millions PKR. 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	-	2,984	2,408	2,437	411.36	417.28
Investments in Equity & Preferred Securities	-	470.06	241.59	205.86	27.01	3.03
Other Investments	-	223.26	177.48	179.45	168.54	438.56
Total Investments	-	3,975	2,964	2,860	646.76	1,211
Cash & Equivalents	-	418.65	387.82	268.26	299.42	371.76
Reinsurance Recoverable	-	955.57	459.14	426.19	572.42	504.57
Other Receivables	-	1,609	1,486	1,382	1,187	1,131
Property, Plant & Equipment	-	352.97	418	419.58	385.83	287.71
Other Intangible Assets	-	7.56	9.99	0.7	1.03	0.35
Other Current Assets	-	818.36	818.47	702.04	539.93	559.47
Long-Term Deferred Tax Assets	-	8.43	36.32	21.95	13.75	15.59
Long-Term Deferred Charges	-	154.76	108.26	102.36	118.58	124.18
Other Long-Term Assets	-	-	342.34	122.01	2,102	1,223
Total Assets	-	8,301	7,030	6,305	5,866	5,429
Accrued Expenses	-	188.28	167.11	116.54	92.34	119.15
Insurance & Annuity Liabilities	-	153.21	118.92	102.92	95.89	91.7
Unpaid Claims	-	1,451	763.29	639.16	735.25	624.13
Unearned Premiums	-	2,379	2,001	1,864	1,618	1,508
Reinsurance Payable	-	889.53	1,034	833.48	749.28	853.02
Current Portion of Leases	-	54.98	56.79	60.06	45.06	60.54
Current Income Taxes Payable	-	86.83	28.86	-	1.9	0.56
Long-Term Leases	-	103.06	142.97	153.05	164.04	39.85
Other Current Liabilities	-	91.21	74.05	59.29	89.06	66.19
Other Long-Term Liabilities	-	135.07	139.2	114.05	56.23	63.1
Total Liabilities	-	5,548	4,559	3,989	3,685	3,464
Common Stock	-	719.02	719.02	719.02	719.02	719.02
Additional Paid-In Capital	-	121.16	121.16	121.16	121.16	121.16
Retained Earnings	-	1,880	1,655	1,495	1,338	1,124
Comprehensive Income & Other	-	32.65	-23.92	-18.89	3.03	0.34
Shareholders' Equity	2,861	2,753	2,471	2,317	2,182	1,965
Total Liabilities & Equity	-	8,301	7,030	6,305	5,866	5,429
Filing Date Shares Outstanding	71.93	71.9	71.9	71.9	71.9	71.9
Total Common Shares Outstanding	71.93	71.9	71.9	71.9	71.9	71.9
Total Debt	150.63	158.04	199.75	213.11	209.09	100.39
Net Cash (Debt)	568.77	260.61	188.07	55.16	90.33	271.37
Net Cash Growth	138.42%	38.57%	240.98%	-38.94%	-66.72%	196.59%
Net Cash Per Share	7.91	3.62	2.62	0.77	1.26	3.77
Book Value Per Share	39.80	38.29	34.36	32.22	30.34	27.33
Tangible Book Value	2,856	2,746	2,461	2,316	2,181	1,964
Tangible Book Value Per Share	39.71	38.19	34.22	32.21	30.33	27.32
Buildings	-	146.41	146.41	146.41	142.6	142.6
Machinery	-	263.82	235.36	232.03	216.1	211.24
Construction In Progress	-	9.68	7.11	4.35	1.72	4.21
Leasehold Improvements	-	37.46	37.46	37.46	28.74	23.31

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