EFU Life Assurance Balance Sheet

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

Millions PKR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Investments in Debt Securities	194,482	19,296	16,268	12,052	11,196	8,383
Investments in Equity & Preferred Securities	57,156	458.96	236.88	123.31	107.13	199.71
Other Investments	14,970	1,512	1,041	868	162.13	128.44
Total Investments	266,608	273,487	242,574	187,356	150,207	126,526
Cash & Equivalents	4,373	9,235	6,017	12,563	18,985	28,985
Reinsurance Recoverable	-	1,070	494.37	626.09	337.21	208.9
Other Receivables	12,608	8,564	5,455	5,080	4,908	4,117
Property, Plant & Equipment	3,946	4,005	3,451	3,152	3,018	3,064
Goodwill	-	30.98	30.98	30.65	-	-
Other Intangible Assets	226.1	228.36	294.18	265.3	3.42	18.38
Other Current Assets	292.91	1,390	1,121	1,158	988.57	261.37
Other Long-Term Assets	-0	-	-	-	-	-
Total Assets	288,055	298,012	259,437	210,232	178,447	163,180
Accounts Payable	-	115.7	101.51	238.68	-	-
Accrued Expenses	-	3,028	2,191	1,862	2,024	2,123
Insurance & Annuity Liabilities	267,529	8,301	4,711	3,034	2,828	1,706
Unpaid Claims	-	10,569	9,232	7,560	6,105	4,259
Unearned Premiums	2,049	2,375	2,173	1,772	1,202	1,148
Reinsurance Payable	620.69	525.64	192.42	202.22	363.89	76.24
Current Portion of Leases	-	384.19	101.77	104	141.4	114.71
Long-Term Leases	1,138	747.34	512.3	583.2	530.26	534.87
Long-Term Deferred Tax Liabilities	2,064	2,240	1,959	1,574	1,068	884.8
Separate Account Liability	-	258,825	228,314	185,931	157,450	145,792
Other Current Liabilities	-	740.55	712.11	413.06	67.88	61.87
Other Long-Term Liabilities	5,270	40.74	47.14	10.08	316.85	300.14
Total Liabilities	278,671	287,893	250,247	203,284	172,098	157,002
Common Stock	1,050	1,050	1,050	1,000	1,000	1,000
Additional Paid-In Capital	636.32	636.32	636.32	-	-	-
Retained Earnings	7,526	8,234	7,367	5,902	5,337	5,145
Comprehensive Income & Other	171.45	199.67	136.92	46.01	11.46	33.4
Shareholders' Equity	9,384	10,120	9,190	6,948	6,349	6,178
Total Liabilities & Equity	288,055	298,012	259,437	210,232	178,447	163,180
Filing Date Shares Outstanding	105	105	105	100	100	100
Total Common Shares Outstanding	105	105	105	100	100	100
Total Debt	1,138	1,132	614.06	687.2	671.66	649.58
Net Cash (Debt)	3,235	8,104	5,403	11,876	18,314	28,335
Net Cash Growth	-1.88%	49.99%	-54.51%	-35.15%	-35.37%	18.59%
Net Cash Per Share	30.72	77.18	52.08	118.76	183.14	283.35
Book Value Per Share	89.37	96.38	87.52	69.48	63.49	61.78
Tangible Book Value	9,158	9,860	8,865	6,652	6,345	6,160
Tangible Book Value Per Share	87.22	93.91	84.42	66.52	63.45	61.60
Land	-	126.51	126.51	126.51	126.51	126.51
Buildings	-	1,365	1,365	1,367	1,367	1,367
Machinery	-	4,062	3,558	2,689	2,376	2,184
Leasehold Improvements	-	551.46	513.02	471.34	462.95	421.3

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