EFU Life Assurance Limited (PSX:EFUL)

EFU Life Assurance Balance Sheet

Financials in millions PKR. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Debt Securities	18,024	16,268	12,052	11,196	8,383	7,754
Investments in Equity & Preferred Securities	320.45	236.88	123.31	107.13	199.71	280.66
Other Investments	1,121	1,041	868	162.13	128.44	127.06
Total Investments	264,972	242,574	187,356	150,207	126,526	123,370
Cash & Equivalents	8,919	6,017	12,563	18,985	28,985	24,397
Reinsurance Recoverable	-	494.37	626.09	337.21	208.9	24.48
Other Receivables	10,493	5,210	5,068	4,908	4,117	3,471
Property, Plant & Equipment	3,612	3,451	3,152	3,018	3,064	2,884
Goodwill	30.98	68.35	30.65	-	-	-
Other Intangible Assets	210.4	261.2	265.3	3.42	18.38	38.7
Other Current Assets	262.68	1,364	1,170	988.57	261.37	294.32
Total Assets	288,500	259,439	210,232	178,447	163,180	154,480
Accounts Payable	-	101.51	238.68	-	-	-
Accrued Expenses	-	2,191	1,862	2,024	2,123	1,747
Insurance & Annuity Liabilities	8,080	4,661	3,034	2,828	1,706	1,609
Unpaid Claims	9,466	9,282	7,560	6,105	4,259	4,338
Unearned Premiums	2,083	2,173	1,772	1,202	1,148	1,220
Reinsurance Payable	404.48	192.42	202.22	363.89	76.24	183.44
Current Portion of Leases	-	101.77	104	141.4	114.71	113.61
Long-Term Leases	899.55	512.3	583.2	530.26	534.87	389.91
Long-Term Deferred Tax Liabilities	1,973	1,959	1,574	1,068	884.8	804.23
Separate Account Liability	252,831	228,314	185,931	157,450	145,792	137,565
Other Current Liabilities	-	712.11	413.06	67.88	61.87	53.98
Other Long-Term Liabilities	3,125	47.14	10.08	316.85	300.14	279.17
Total Liabilities	278,862	250,247	203,284	172,098	157,002	148,305
Common Stock	1,050	1,050	1,000	1,000	1,000	1,000
Additional Paid-In Capital	636.32	636.32	-	-	-	-
Retained Earnings	7,765	7,369	5,902	5,337	5,145	5,137
Comprehensive Income & Other	186.94	136.92	46.01	11.46	33.4	38.31
Shareholders' Equity	9,638	9,192	6,948	6,349	6,178	6,175
Total Liabilities & Equity	288,500	259,439	210,232	178,447	163,180	154,480
Filing Date Shares Outstanding	105	105.08	100	100	100	100
Total Common Shares Outstanding	105	105.08	100	100	100	100
Total Debt	899.55	614.06	687.2	671.66	649.58	503.51
Net Cash (Debt)	8,019	5,403	11,876	18,314	28,335	23,894
Net Cash Growth	0.61%	-54.51%	-35.15%	-35.37%	18.59%	-4.26%
Net Cash Per Share	76.37	52.08	118.76	183.14	283.35	238.94
Book Value Per Share	91.79	87.48	69.48	63.49	61.78	61.75
Tangible Book Value	9,396	8,863	6,652	6,345	6,160	6,136
Tangible Book Value Per Share	89.49	84.35	66.52	63.45	61.60	61.36
Land	-	126.51	126.51	126.51	126.51	126.51
Buildings	-	1,365	1,367	1,367	1,367	1,367
Machinery	-	3,558	2,689	2,376	2,184	1,906
Leasehold Improvements	-	513.02	471.34	462.95	421.3	362.54

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.