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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Investments in Debt Securities	1,624	498.38	486.42	252.64	139.88	213.92
Investments in Equity & Preferred Securities	2,590	193.74	190.38	218.53	222.92	214.83
Total Investments	4,258	2,946	2,007	1,604	1,004	945.96
Cash & Equivalents	326.74	338.94	221.62	191.3	411.77	370.1
Reinsurance Recoverable	826.01	1,736	1,696	1,025	714.74	770.57
Other Receivables	1,325	335.42	299.1	325.28	481.39	253.58
Property, Plant & Equipment	227.26	202.79	128.78	115.34	128.69	146.14
Other Intangible Assets	0.79	0.82	0.87	0.95	1.05	1.2
Other Current Assets	729.46	983.2	881.47	621.43	685.67	719.9
Long-Term Deferred Tax Assets	6.41	22.02	10.89	-	-	-
Long-Term Deferred Charges	425.5	322.83	378.29	329.2	290.58	328.92
Other Long-Term Assets	367.71	542.16	369.48	321.73	242.91	103.84
Total Assets	8,493	7,430	5,993	4,534	3,961	3,640
Accrued Expenses	-	160.2	83.8	108.71	75.11	49.46
Insurance & Annuity Liabilities	166.24	95.45	63.4	59.18	42	38.61
Unpaid Claims	1,211	1,282	1,457	798.28	652.59	596.06
Unearned Premiums	1,943	1,714	1,657	1,502	1,412	1,418
Reinsurance Payable	48.09	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	231.69	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	-	-	-	0.25	5.72	3.94
Other Current Liabilities	-	2.7	2.02	2.11	6.92	4.98
Other Long-Term Liabilities	924.58	602.63	94.93	15.92	18.49	18.89
Total Liabilities	4,567	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	771.38	1,381	798.09	671.95	536.99	459.97
Comprehensive Income & Other	1,132	185.38	-89.49	-71.87	-71.58	-63.67
Shareholders' Equity	3,926	3,326	2,468	1,961	1,649	1,425
Total Liabilities & Equity	8,493	7,430	5,993	4,534	3,961	3,640
Filing Date Shares Outstanding	202.81	193.48	193.48	164.66	164.66	164.66
Total Common Shares Outstanding	202.81	193.48	193.48	164.66	164.66	164.66
Total Debt	40.24	51.01	25.85	10.42	14.03	31.94
Net Cash (Debt)	286.5	287.92	195.76	180.88	397.73	338.16
Net Cash Growth	55.85%	47.08%	8.23%	-54.52%	17.62%	359.81%
Net Cash Per Share	1.48	1.49	1.01	0.95	2.42	2.05
Book Value Per Share	19.36	17.19	12.75	11.91	10.01	8.66
Tangible Book Value	3,925	3,325	2,467	1,960	1,648	1,424
Tangible Book Value Per Share	19.35	17.18	12.75	11.90	10.01	8.65
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.