East West Insurance Company Limited (PSX: EWIC)

EWIC 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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Investments in Debt Securities	1,334	498.38	486.42	252.64	139.88	213.92
Investments in Equity & Preferred Securities	2,440	193.74	190.38	218.53	222.92	214.83
Total Investments	3,819	2,946	2,007	1,604	1,004	945.96
Cash & Equivalents	339.36	338.94	221.62	191.3	411.77	370.1
Reinsurance Recoverable	821.1	1,736	1,696	1,025	714.74	770.57
Other Receivables	1,405	335.42	299.1	325.28	481.39	253.58
Property, Plant & Equipment	230.11	202.79	128.78	115.34	128.69	146.14
Other Intangible Assets	0.81	0.82	0.87	0.95	1.05	1.2
Other Current Assets	696.11	983.2	881.47	621.43	685.67	719.9
Long-Term Deferred Tax Assets	-	22.02	10.89	-	-	-
Long-Term Deferred Charges	364.81	322.83	378.29	329.2	290.58	328.92
Other Long-Term Assets	431.93	542.16	369.48	321.73	242.91	103.84
Total Assets	8,109	7,430	5,993	4,534	3,961	3,640
Accrued Expenses	204.19	160.2	83.8	108.71	75.11	49.46
Insurance & Annuity Liabilities	139.65	95.45	63.4	59.18	42	38.61
Unpaid Claims	1,165	1,282	1,457	798.28	652.59	596.06
Unearned Premiums	1,785	1,714	1,657	1,502	1,412	1,418
Reinsurance Payable	20.68	79.21	33.17	3.67	17.12	18.64
Current Portion of Long-Term Debt	-	9.93	5.92	10.42	8.66	17.96
Current Portion of Leases	-	-	-	-	5.38	8.51
Current Income Taxes Payable	-	115.09	106.93	69.76	65.25	31.71
Long-Term Leases	40.24	41.08	19.94	-	-	5.47
Long-Term Deferred Tax Liabilities	16.52	-	-	0.25	5.72	3.94
Other Current Liabilities	-	2.7	2.02	2.11	6.92	4.98
Other Long-Term Liabilities	941.81	602.63	94.93	15.92	18.49	18.89
Total Liabilities	4,316	4,105	3,526	2,573	2,313	2,215
Common Stock	2,023	1,759	1,759	1,361	1,183	1,029
Retained Earnings	639.55	1,381	798.09	671.95	536.99	459.97
Comprensive Income & Other	1,131	185.38	-89.49	-71.87	-71.58	-63.67
Shareholders' Equity	3,794	3,326	2,468	1,961	1,649	1,425
Total Liabilities & Equity	8,109	7,430	5,993	4,534	3,961	3,640
Filing Date Shares Outstanding	200.49	175.89	175.89	149.69	149.69	149.69
Total Common Shares Outstanding	200.49	175.89	175.89	149.69	149.69	149.69
Total Debt	40.24	51.01	25.85	10.42	14.03	31.94
Net Cash (Debt)	299.12	287.92	195.76	180.88	397.73	338.16
Net Cash Growth	186.61%	47.08%	8.23%	-54.52%	17.62%	359.81%
Net Cash Per Share	1.70	1.64	1.11	1.04	2.66	2.26
Book Value Per Share	18.92	18.91	14.03	13.10	11.01	9.52
Tangible Book Value	3,793	3,325	2,467	1,960	1,648	1,424
Tangible Book Value Per Share	18.92	18.90	14.02	13.09	11.01	9.51
Buildings	-	62.08	62.08	62.08	62.08	62.08
Machinery	-	326.79	256.42	249.31	219.49	224.48

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