EFU General Insurance Limited (PSX: EFUG)

EFU General 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	28,964	24,476	21,827	17,717	17,875	15,049
Investments in Equity & Preferred Securities	4,764	24,042	20,305	4,033	4,888	3,667
Other Investments	9,601	8,392	14,965	25,051	19,927	20,240
Total Investments	247,847	216,211	183,578	167,696	160,161	131,442
Cash & Equivalents	6,140	7,405	6,198	5,854	6,664	7,016
Reinsurance Recoverable	8,333	7,694	6,848	4,279	3,954	4,121
Other Receivables	15,176	13,833	11,548	9,477	7,482	8,862
Property, Plant & Equipment	9,615	9,673	9,208	8,653	8,051	7,791
Goodwill	4,825	4,904	5,189	7,157	7,981	7,981
Other Intangible Assets	599.94	667.44	862.58	1,259	38.7	24.73
Restricted Cash	39	26	45	45	57	-
Other Current Assets	14,242	15,226	10,834	6,773	5,876	6,632
Long-Term Deferred Tax Assets	2.37	8.64	5.57	4.37	1.01	0.72
Long-Term Deferred Charges	182.82	163.57	163.44	149.5	125.05	117.29
Other Long-Term Assets	299.4	278.96	235	235	259.45	233.69
Total Assets	307,302	276,090	234,715	211,582	200,652	174,222
Accrued Expenses	4,017	3,533	3,418	3,326	2,738	2,415
Insurance & Annuity Liabilities	5,457	3,745	3,552	2,220	2,051	1,714
Unpaid Claims	20,755	18,335	15,389	11,345	11,450	9,724
Unearned Premiums	21,961	21,789	15,651	11,828	10,827	10,613
Reinsurance Payable	7,668	9,674	8,048	4,886	4,743	6,326
Current Portion of Leases	-	138.99	182.75	158.55	148.93	528.81
Long-Term Leases	784.53	651.19	602.11	630.36	455.14	-
Long-Term Deferred Tax Liabilities	4,627	3,954	2,933	3,357	3,297	2,778
Separate Account Liability	209,968	185,931	158,534	145,792	136,899	113,717
Other Current Liabilities	2,729	2,643	2,636	2,173	1,842	1,581
Total Liabilities	278,043	250,444	211,033	185,795	174,519	149,485
Common Stock	2,000	2,000	2,000	2,000	2,000	2,000
Retained Earnings	16,010	14,438	13,120	14,971	15,222	14,758
Comprehensive Income & Other	5,961	4,879	4,283	4,391	4,780	3,908
Total Common Equity	23,971	21,317	19,402	21,363	22,002	20,666
Minority Interest	5,288	4,329	4,280	4,425	4,131	4,071
Shareholders' Equity	29,258	25,646	23,682	25,788	26,133	24,737
Total Liabilities & Equity	307,302	276,090	234,715	211,582	200,652	174,222
Filing Date Shares Outstanding	200	200	200	200	200	200
Total Common Shares Outstanding	200	200	200	200	200	200
Total Debt	784.53	790.18	784.86	788.91	604.07	528.81
Net Cash (Debt)	5,355	6,615	5,413	5,065	6,060	6,487
Net Cash Growth	-25.10%	22.21%	6.87%	-16.43%	-6.58%	6.22%
Net Cash Per Share	26.78	33.08	27.06	25.32	30.30	32.44
Book Value Per Share	119.85	106.59	97.01	106.81	110.01	103.33
Tangible Book Value	18,545	15,746	13,351	12,946	13,982	12,660
Tangible Book Value Per Share	92.73	78.73	66.76	64.73	69.91	63.30
Land	-	3,282	2,782	2,722	2,590	2,440
Buildings	-	5,192	5,254	4,520	3,944	3,430
Machinery	-	4,430	3,882	3,632	3,328	3,626
Leasehold Improvements	-	412.56	396.13	355.99	295.07	272.73

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