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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Debt Securities	17,414	16,268	12,052	11,196	8,383	7,754
Investments in Equity & Preferred Securities	243.03	236.88	123.31	107.13	199.71	280.66
Other Investments	1,100	1,041	868	162.13	128.44	127.06
Total Investments	248,987	242,574	187,356	150,207	126,526	123,370
Cash & Equivalents	6,859	6,017	12,563	18,985	28,985	24,397
Reinsurance Recoverable	-	494.37	626.09	337.21	208.9	24.48
Other Receivables	9,227	5,210	5,068	4,908	4,117	3,471
Property, Plant & Equipment	3,657	3,451	3,152	3,018	3,064	2,884
Goodwill	30.98	68.35	30.65	-	-	-
Other Intangible Assets	240.67	261.2	265.3	3.42	18.38	38.7
Other Current Assets	198.2	1,364	1,170	988.57	261.37	294.32
Total Assets	269,200	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	6,546	4,661	3,034	2,828	1,706	1,609
Unpaid Claims	10,165	9,282	7,560	6,105	4,259	4,338
Unearned Premiums	2,161	2,173	1,772	1,202	1,148	1,220
Reinsurance Payable	1,124	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	928.33	512.3	583.2	530.26	534.87	389.91
Long-Term Deferred Tax Liabilities	1,795	1,959	1,574	1,068	884.8	804.23
Separate Account Liability	234,010	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	3,330	47.14	10.08	316.85	300.14	279.17
Total Liabilities	260,061	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	7,323	7,369	5,902	5,337	5,145	5,137
Comprehensive Income & Other	128.92	136.92	46.01	11.46	33.4	38.31
Shareholders' Equity	9,139	9,192	6,948	6,349	6,178	6,175
Total Liabilities & Equity	269,200	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	928.33	614.06	687.2	671.66	649.58	503.51
Net Cash (Debt)	5,931	5,403	11,876	18,314	28,335	23,894
Net Cash Growth	-28.14%	-54.51%	-35.15%	-35.37%	18.59%	-4.26%
Net Cash Per Share	56.48	52.08	118.76	183.14	283.35	238.94
Book Value Per Share	87.03	87.48	69.48	63.49	61.78	61.75
Tangible Book Value	8,867	8,863	6,652	6,345	6,160	6,136
Tangible Book Value Per Share	84.45	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.