Atlas Insurance Limited (PSX: ATIL)

Atlas Insurance 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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Investments in Debt Securities	1,659	1,537	368.56	259.08	347.66	20
Investments in Equity & Preferred Securities	6,899	5,269	4,225	5,514	5,643	4,141
Other Investments	-	-	-	-	150	525
Total Investments	8,559	6,806	4,593	5,773	6,141	4,686
Cash & Equivalents	1,414	1,545	1,554	974.54	882.78	650.21
Reinsurance Recoverable	2,207	2,271	1,274	1,010	1,220	367.39
Other Receivables	285.24	575.19	444.89	231.06	215.72	234.77
Separate Account Assets	509.42	449.65	383.21	273.91	195.35	138.33
Property, Plant & Equipment	326.38	230.14	221.32	147.63	159.79	120.57
Other Current Assets	1,297	1,211	870.23	721.73	657.24	665.9
Long-Term Deferred Charges	218.69	187.68	144.92	95.2	92.42	81.52
Other Long-Term Assets	186.37	5.79	48.89	91.02	98.02	89.58
Total Assets	15,002	13,281	9,534	9,318	9,662	7,034
Accrued Expenses	-	467.33	477.17	310.93	234.29	219.26
Insurance & Annuity Liabilities	1,147	839.31	532.08	780.52	511.31	428.67
Unpaid Claims	2,174	2,421	1,535	1,170	1,412	545.17
Unearned Premiums	2,546	2,726	2,107	1,720	1,473	1,398
Current Portion of Leases	-	35.34	30.88	16.21	10.61	6.29
Current Income Taxes Payable	422.62	131.83	30.52	-	4.13	0.79
Long-Term Leases	85.46	40.85	68.97	43.97	62.41	19.49
Long-Term Deferred Tax Liabilities	1,368	956.25	346.37	546.29	833.77	426.87
Other Current Liabilities	80.62	748.82	702.39	470.06	273.37	224.94
Other Long-Term Liabilities	1,166	55.83	37	37.29	34.42	29.12
Total Liabilities	9,115	8,510	5,949	5,141	4,887	3,327
Common Stock	1,494	1,494	933.85	848.95	848.95	771.78
Retained Earnings	2,196	1,758	1,875	1,864	1,841	1,808
Comprensive Income & Other	2,197	1,519	776.8	1,464	2,086	1,127
Shareholders' Equity	5,887	4,771	3,585	4,176	4,775	3,707
Total Liabilities & Equity	15,002	13,281	9,534	9,318	9,662	7,034
Filing Date Shares Outstanding	149.42	149.42	149.42	149.42	149.42	149.42
Total Common Shares Outstanding	149.42	149.42	149.42	149.42	149.42	149.42
Total Debt	85.46	76.18	99.85	60.18	73.02	25.77
Net Cash (Debt)	1,328	1,469	1,454	914.36	809.76	624.44
Net Cash Growth	8.93%	1.02%	59.00%	12.92%	29.68%	-52.98%
Net Cash Per Share	8.89	9.83	9.73	6.12	5.42	4.18
Book Value Per Share	39.40	31.93	23.99	27.95	31.96	24.81
Tangible Book Value	5,887	4,771	3,585	4,176	4,775	3,707
Tangible Book Value Per Share	39.40	31.93	23.99	27.95	31.96	24.81
Buildings	-	8.5	8.5	8.5	8.5	8.5
Machinery	-	272.87	212.02	164.38	143.51	138.03
Construction In Progress	-	-	-	-	-	2.54
Leasehold Improvements	-	20.73	20.73	20.73	20.73	20.73

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