EFU Life Assurance Limited (PSX: EFUL)

EFU Life Assurance 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	14,519	19,178	11,196	8,383	7,754	6,288
Investments in Equity & Preferred Securities	184.3	123.31	107.13	199.71	280.66	250.88
Other Investments	974.21	868	162.13	128.44	127.06	144.87
Total Investments	218,452	187,356	150,207	126,526	123,370	96,406
Cash & Equivalents	8,631	12,563	18,985	28,985	24,397	25,373
Reinsurance Recoverable	-	626.09	337.21	208.9	24.48	23.41
Other Receivables	8,041	5,173	4,908	4,117	3,471	4,434
Property, Plant & Equipment	3,306	3,152	3,018	3,064	2,884	2,884
Goodwill	-	78.21	-	-	-	-
Other Intangible Assets	409	190.13	3.42	18.38	38.7	24.73
Other Current Assets	141.44	1,065	988.57	261.37	294.32	144.66
Total Assets	238,980	210,204	178,447	163,180	154,480	129,290
Accrued Expenses	1,896	1,862	2,024	2,123	1,747	1,546
Insurance & Annuity Liabilities	4,569	3,034	2,828	1,706	1,609	1,320
Unpaid Claims	8,855	7,560	6,105	4,259	4,338	3,450
Unearned Premiums	1,678	1,772	1,202	1,148	1,220	969.35
Reinsurance Payable	338.69	202.22	363.89	76.24	183.44	258.03
Current Portion of Leases	-	104	141.4	114.71	113.61	-
Long-Term Leases	660.65	583.2	530.26	534.87	389.91	415.11
Long-Term Deferred Tax Liabilities	1,718	1,544	1,068	884.8	804.23	743.18
Separate Account Liability	209,968	185,931	157,450	145,792	137,565	114,384
Other Current Liabilities	87.3	75.26	67.88	61.87	53.98	47.44
Other Long-Term Liabilities	808.4	586.56	316.85	300.14	279.17	248.44
Total Liabilities	230,579	203,255	172,098	157,002	148,305	123,382
Common Stock	1,050	1,000	1,000	1,000	1,000	1,000
Retained Earnings	6,630	5,903	5,337	5,145	5,137	4,857
Comprehensive Income & Other	85.4	46.01	11.46	33.4	38.31	50.99
Shareholders' Equity	8,401	6,949	6,349	6,178	6,175	5,908
Total Liabilities & Equity	238,980	210,204	178,447	163,180	154,480	129,290
Filing Date Shares Outstanding	102.58	100	100	100	100	100
Total Common Shares Outstanding	102.58	100	100	100	100	100
Total Debt	660.65	687.2	671.66	649.58	503.51	415.11
Net Cash (Debt)	7,970	11,876	18,314	28,335	23,894	24,957
Net Cash Growth	-49.97%	-35.15%	-35.37%	18.59%	-4.26%	25.82%
Net Cash Per Share	77.78	118.76	183.14	283.35	238.94	249.57
Book Value Per Share	81.90	69.49	63.49	61.78	61.75	59.08
Tangible Book Value	7,992	6,681	6,345	6,160	6,136	5,883
Tangible Book Value Per Share	77.91	66.81	63.45	61.60	61.36	58.83
Land	-	126.51	126.51	126.51	126.51	126.51
Buildings	-	1,367	1,367	1,367	1,367	1,354
Machinery	-	2,689	2,376	2,184	1,906	1,714
Leasehold Improvements	-	471.34	462.95	421.3	362.54	342.46

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