Askari Life Assurance Company Limited (PSX:ALAC)

PSX:ALAC Balance Sheet

Financials in millions PKR. 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	1,810	1,241	1,024	736.71	772.47
Investments in Equity & Preferred Securities	14.13	9.38	6.29	9.19	10.64
Policy Loans	5.11	5.38	5.82	6.08	6.61
Other Investments	634.47	340.79	145.51	131.59	39.84
Total Investments	2,464	1,597	1,182	883.56	829.56
Cash & Equivalents	244.91	280.01	254.53	143.77	86.5
Other Receivables	168.51	146.01	142.14	59.99	43.2
Property, Plant & Equipment	35.84	46.62	33.21	33.7	62.04
Other Intangible Assets	-	-	0.01	0.34	1.33
Other Current Assets	36.61	29.69	12.1	34.02	27.54
Total Assets	2,950	2,099	1,624	1,155	1,050
Accrued Expenses	110.64	77.88	104.35	79.1	37.81
Insurance & Annuity Liabilities	1,843	1,264	869.67	530.26	374.83
Unpaid Claims	151.31	176.86	140.55	141.08	116.89
Unearned Premiums	198.79	71.5	82.93	44.54	9.68
Current Portion of Leases	11.97	19.62	10.07	11.1	18
Current Income Taxes Payable	12.58	10.1	10.61	5.64	1.9
Long-Term Leases	7.65	11.49	3.77	6.62	18.47
Other Long-Term Liabilities	27.48	16.86	7.35	4.91	3.59
Total Liabilities	2,440	1,702	1,265	846.72	599.3
Common Stock	1,502	1,502	1,502	1,502	1,502
Retained Earnings	-1,728	-1,742	-1,573	-1,296	-1,054
Comprehensive Income & Other	736	636.82	430.78	102.78	2.87
Shareholders' Equity	509.43	396.77	359.32	308.67	450.87
Total Liabilities & Equity	2,950	2,099	1,624	1,155	1,050
Filing Date Shares Outstanding	150.17	150.17	150.17	150.17	150.17
Total Common Shares Outstanding	150.17	150.17	150.17	150.17	150.17
Total Debt	19.62	31.11	13.85	17.72	36.47
Net Cash (Debt)	225.29	248.9	240.68	126.05	50.04
Net Cash Growth	-9.49%	3.42%	90.94%	151.91%	-7.14%
Net Cash Per Share	1.50	1.66	1.60	0.84	0.44
Book Value Per Share	3.39	2.64	2.39	2.06	3.00
Tangible Book Value	509.43	396.77	359.31	308.33	449.54
Tangible Book Value Per Share	3.39	2.64	2.39	2.05	2.99
Machinery	56.96	46.6	45.38	34.68	33.83
Leasehold Improvements	18.17	18.17	18	18	18.72

Updated Oct 31, 2024. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.