Askari General Insurance Company Limited (PSX: AGIC)

PSX: 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	2,085	2,984	2,408	2,437	411.36	417.28
Investments in Equity & Preferred Securities	476.1	470.06	241.59	205.86	27.01	3.03
Other Investments	-	223.26	177.48	179.45	168.54	438.56
Total Investments	3,957	3,975	2,964	2,860	646.76	1,211
Cash & Equivalents	589.25	418.65	387.82	268.26	299.42	371.76
Reinsurance Recoverable	630.87	955.57	459.14	426.19	572.42	504.57
Other Receivables	2,124	1,609	1,486	1,382	1,187	1,131
Property, Plant & Equipment	357.85	352.97	418	419.58	385.83	287.71
Other Intangible Assets	4.81	7.56	9.99	0.7	1.03	0.35
Other Current Assets	775.95	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	193.5	154.76	108.26	102.36	118.58	124.18
Other Long-Term Assets	-	-	342.34	122.01	2,102	1,223
Total Assets	8,634	8,301	7,030	6,305	5,866	5,429
Accrued Expenses	206.7	188.28	167.11	116.54	92.34	119.15
Insurance & Annuity Liabilities	280.99	153.21	118.92	102.92	95.89	91.7
Unpaid Claims	1,135	1,451	763.29	639.16	735.25	624.13
Unearned Premiums	2,781	2,379	2,001	1,864	1,618	1,508
Reinsurance Payable	869.29	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	79.73	86.83	28.86	-	1.9	0.56
Long-Term Leases	138.15	103.06	142.97	153.05	164.04	39.85
Other Current Liabilities	116.03	91.21	74.05	59.29	89.06	66.19
Other Long-Term Liabilities	148	135.07	139.2	114.05	56.23	63.1
Total Liabilities	5,774	5,548	4,559	3,989	3,685	3,464
Common Stock	719.02	719.02	719.02	719.02	719.02	719.02
Additional Paid-In Capital	121.16	121.16	121.16	121.16	121.16	121.16
Retained Earnings	1,970	1,880	1,655	1,495	1,338	1,124
Comprehensive Income & Other	49.58	32.65	-23.92	-18.89	3.03	0.34
Shareholders' Equity	2,859	2,753	2,471	2,317	2,182	1,965
Total Liabilities & Equity	8,634	8,301	7,030	6,305	5,866	5,429
Filing Date Shares Outstanding	71.9	71.9	71.9	71.9	71.9	71.9
Total Common Shares Outstanding	71.9	71.9	71.9	71.9	71.9	71.9
Total Debt	138.15	158.04	199.75	213.11	209.09	100.39
Net Cash (Debt)	451.1	260.61	188.07	55.16	90.33	271.37
Net Cash Growth	89.10%	38.57%	240.98%	-38.94%	-66.72%	196.59%
Net Cash Per Share	6.27	3.62	2.62	0.77	1.26	3.77
Book Value Per Share	39.77	38.29	34.36	32.22	30.34	27.33
Tangible Book Value	2,855	2,746	2,461	2,316	2,181	1,964
Tangible Book Value Per Share	39.70	38.19	34.22	32.21	30.33	27.32
Buildings	146.41	146.41	146.41	146.41	142.6	142.6
Machinery	299.35	263.82	235.36	232.03	216.1	211.24
Construction In Progress	5.58	9.68	7.11	4.35	1.72	4.21
Leasehold Improvements	41.51	37.46	37.46	37.46	28.74	23.31

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