Adamjee Life Assurance Company Limited (PSX: ALIFE)

ALIFE 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	-	-	-	-	690.27	651.84
Investments in Equity & Preferred Securities	214.94	-	12.39	19.65	21.24	23.16
Policy Loans	7.93	35.98	42.16	39.5	29.91	32.79
Other Investments	-	-	1,001	-	-	-
Total Investments	94,050	79,634	60,009	41,554	31,270	22,352
Cash & Equivalents	3,533	4,002	6,592	17,306	17,917	16,846
Reinsurance Recoverable	14.97	52.36	26.36	109.71	205.99	-
Other Receivables	2,840	1,355	713.32	365.18	426.7	295.58
Property, Plant & Equipment	247.74	292.66	339.95	334.38	362.58	501.67
Other Intangible Assets	36.64	25.91	26.58	35.66	39.19	62.31
Other Current Assets	1,259	727.6	1,458	2,115	517.47	376.23
Other Long-Term Assets	-	-	-	98.41	100	-
Total Assets	101,981	86,090	69,166	61,918	50,839	40,434
Accounts Payable	-	232.84	152.7	30.52	237.17	847.47
Accrued Expenses	747.8	743.07	726.22	701.73	829.18	623.44
Insurance & Annuity Liabilities	1,742	1,485	1,305	913.49	909.26	36,736
Unpaid Claims	4,397	3,606	3,313	1,736	1,296	-
Unearned Premiums	218.24	246.28	367.17	431.26	325.03	261.05
Reinsurance Payable	-	-	-	-	130.64	125.27
Current Portion of Long-Term Debt	-	-	-	84.89	89.14	-
Current Portion of Leases	24.02	71.51	63.34	53.18	57.87	90.73
Current Income Taxes Payable	18.12	17.46	38.71	12.9	14.63	11.18
Long-Term Debt	-	-	-	-	75.34	-
Long-Term Leases	17.87	31.94	96.26	176.66	213.57	270.64
Long-Term Deferred Tax Liabilities	1,183	657.3	376.64	231.52	206.58	96.04
Separate Account Liability	88,562	74,570	58,966	54,284	44,828	-
Other Current Liabilities	0.04	0.04	-	-	-	-
Other Long-Term Liabilities	6.88	9.53	8.13	7.83	10.03	15.57
Total Liabilities	96,936	81,672	65,418	58,668	49,349	39,114
Common Stock	2,500	2,500	2,500	2,500	935.49	935.49
Retained Earnings	2,556	1,917	1,253	753.97	554.26	386.86
Comprehensive Income & Other	-11.77	0.5	-5	-4.24	0.86	-3.06
Shareholders' Equity	5,045	4,418	3,748	3,250	1,491	1,319
Total Liabilities & Equity	101,981	86,090	69,166	61,918	50,839	40,434
Filing Date Shares Outstanding	250	250	250	250	93.55	93.55
Total Common Shares Outstanding	250	250	250	250	93.55	93.55
Total Debt	41.9	103.46	159.59	314.73	435.92	361.38
Net Cash (Debt)	3,491	3,898	6,432	16,991	17,481	16,484
Net Cash Growth	-57.25%	-39.40%	-62.14%	-2.80%	6.05%	14.62%
Net Cash Per Share	13.96	15.59	25.73	100.94	186.87	176.21
Book Value Per Share	20.18	17.67	14.99	13.00	15.93	14.10
Tangible Book Value	5,008	4,392	3,722	3,214	1,451	1,257
Tangible Book Value Per Share	20.03	17.57	14.89	12.86	15.52	13.44
Machinery	-	424.45	389.32	285.85	249.24	246.54
Construction In Progress	-	2.57	3.17	24.94	16.95	1.4
Leasehold Improvements	-	71.59	64.75	52.02	45.54	60.71

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