Askari Life Assurance Company Limited (PSX: ALAC)

ALAC 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	1,518	1,241	1,024	736.71	772.47	492.73
Investments in Equity & Preferred Securities	10.64	9.38	6.29	9.19	10.64	6.82
Policy Loans	5.25	5.38	5.82	6.08	6.61	6.65
Other Investments	536.3	340.79	145.51	131.59	39.84	11.07
Total Investments	2,070	1,597	1,182	883.56	829.56	517.26
Cash & Equivalents	172.55	280.01	254.53	143.77	86.5	112.84
Other Receivables	134.44	146.01	142.14	59.99	43.2	15.91
Property, Plant & Equipment	37.92	46.62	33.21	33.7	62.04	97.53
Other Intangible Assets	-	-	0.01	0.34	1.33	2.22
Other Current Assets	63.27	29.69	12.1	34.02	27.54	24.14
Total Assets	2,478	2,099	1,624	1,155	1,050	769.91
Accrued Expenses	-	78.55	104.35	79.1	37.81	27.41
Insurance & Annuity Liabilities	1,681	1,264	869.67	530.26	374.83	278.88
Unpaid Claims	154.33	176.86	140.55	141.08	116.89	94.91
Unearned Premiums	130.79	71.5	82.93	44.54	9.68	9.58
Current Portion of Leases	-	19.62	10.07	11.1	18	38.69
Current Income Taxes Payable	-	10.1	10.61	5.64	1.9	1.89
Long-Term Leases	20.12	11.49	3.77	6.62	18.47	20.27
Other Long-Term Liabilities	74.91	16.18	7.35	4.91	3.59	2.06
Total Liabilities	2,132	1,702	1,265	846.72	599.3	485.86
Common Stock	1,502	1,502	1,502	1,502	1,502	1,102
Retained Earnings	-1,807	-1,742	-1,573	-1,296	-1,054	-818.97
Comprehensive Income & Other	651.93	636.82	430.78	102.78	2.87	1.3
Shareholders' Equity	346.75	396.77	359.32	308.67	450.87	284.05
Total Liabilities & Equity	2,478	2,099	1,624	1,155	1,050	769.91
Filing Date Shares Outstanding	150.56	150.17	150.17	150.17	150.17	110.17
Total Common Shares Outstanding	150.56	150.17	150.17	150.17	150.17	110.17
Total Debt	20.12	31.11	13.85	17.72	36.47	58.96
Net Cash (Debt)	152.43	248.9	240.68	126.05	50.04	53.89
Net Cash Growth	174.32%	3.42%	90.94%	151.91%	-7.14%	-27.06%
Net Cash Per Share	1.01	1.66	1.60	0.84	0.44	0.49
Book Value Per Share	2.30	2.64	2.39	2.06	3.00	2.58
Tangible Book Value	346.75	396.77	359.31	308.33	449.54	281.83
Tangible Book Value Per Share	2.30	2.64	2.39	2.05	2.99	2.56
Machinery	-	46.6	45.38	34.68	33.83	33.98
Leasehold Improvements	-	18.17	18	18	18.72	18.72

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