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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Investments in Debt Securities	2,007	1,537	368.56	259.08	347.66	20
Investments in Equity & Preferred Securities	7,642	5,269	4,225	5,514	5,643	4,141
Other Investments	-	-	-	-	150	525
Total Investments	9,649	6,806	4,593	5,773	6,141	4,686
Cash & Equivalents	1,346	1,545	1,554	974.54	882.78	650.21
Reinsurance Recoverable	1,392	2,271	1,274	1,010	1,220	367.39
Other Receivables	1,597	575.19	444.89	231.06	215.72	234.77
Separate Account Assets	538.77	449.65	383.21	273.91	195.35	138.33
Property, Plant & Equipment	336.75	230.14	221.32	147.63	159.79	120.57
Other Current Assets	1,704	1,211	870.23	721.73	657.24	665.9
Long-Term Deferred Charges	299.36	187.68	144.92	95.2	92.42	81.52
Other Long-Term Assets	184.41	5.79	48.89	91.02	98.02	89.58
Total Assets	17,049	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	1,254	839.31	532.08	780.52	511.31	428.67
Unpaid Claims	1,865	2,421	1,535	1,170	1,412	545.17
Unearned Premiums	3,691	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	422.27	131.83	30.52	-	4.13	0.79
Long-Term Leases	74.2	40.85	68.97	43.97	62.41	19.49
Long-Term Deferred Tax Liabilities	1,545	956.25	346.37	546.29	833.77	426.87
Other Current Liabilities	54.67	748.82	702.39	470.06	273.37	224.94
Other Long-Term Liabilities	1,387	55.83	37	37.29	34.42	29.12
Total Liabilities	10,435	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	2,609	1,758	1,875	1,864	1,841	1,808
Comprehensive Income & Other	2,511	1,519	776.8	1,464	2,086	1,127
Shareholders' Equity	6,614	4,771	3,585	4,176	4,775	3,707
Total Liabilities & Equity	17,049	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	74.2	76.18	99.85	60.18	73.02	25.77
Net Cash (Debt)	1,272	1,469	1,454	914.36	809.76	624.44
Net Cash Growth	-18.19%	1.02%	59.00%	12.92%	29.68%	-52.98%
Net Cash Per Share	8.52	9.83	9.73	6.12	5.42	4.18
Book Value Per Share	44.27	31.93	23.99	27.95	31.96	24.81
Tangible Book Value	6,614	4,771	3,585	4,176	4,775	3,707
Tangible Book Value Per Share	44.27	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.