Habib Insurance Company Limited (PSX: HICL)

Habib Insurance Company 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	250	250	753.55	130.22	329.94	277.87
Investments in Equity & Preferred Securities	1,535	1,253	821.12	1,210	1,022	987.7
Total Investments	1,785	1,503	1,575	1,341	1,352	1,266
Cash & Equivalents	817.66	661.86	395.78	96.81	194.28	121.12
Reinsurance Recoverable	1,230	1,411	908.89	1,117	1,068	810.37
Other Receivables	680.9	817.01	830.64	823.11	620.93	716.62
Property, Plant & Equipment	105.04	114.02	56.1	68.89	185.18	164.83
Other Intangible Assets	0.13	0.24	0.45	0.67	2.19	3.1
Other Current Assets	415.06	705.33	545.24	512.53	488.66	418.08
Long-Term Deferred Charges	141.53	217.07	169.58	145.64	106.23	74.04
Other Long-Term Assets	68.56	64.67	62.3	88.02	-	66.96
Total Assets	5,244	5,494	4,544	4,194	4,018	3,641
Accrued Expenses	152.18	257.07	189.04	198.23	113.26	105.19
Insurance & Annuity Liabilities	301.82	373.08	117.21	180.38	114.03	76.48
Unpaid Claims	1,126	1,055	959.57	786.59	819.12	594.64
Unearned Premiums	1,111	1,582	1,419	1,179	959.63	905.22
Reinsurance Payable	387.66	337.47	397.31	243.03	233.49	200.7
Current Portion of Leases	-	19.36	14.54	11.99	24.67	38.77
Short-Term Debt	-	-	-	-	-	80
Current Income Taxes Payable	-	-	-	-	2.25	9.61
Long-Term Leases	35.43	21.4	16.37	25.54	112.97	89.79
Long-Term Deferred Tax Liabilities	207.78	142.07	17.29	82.02	124.13	101.95
Other Current Liabilities	71.36	69.39	83.54	62.81	63.25	61.07
Other Long-Term Liabilities	36.44	40.22	30.87	37.87	31.54	25.69
Total Liabilities	3,531	3,991	3,375	2,939	2,718	2,391
Common Stock	619.37	619.37	619.37	619.37	619.37	619.37
Retained Earnings	540.3	499.13	448.09	406.77	356.01	355.53
Comprensive Income & Other	553.08	384.95	100.84	228.93	324.86	274.28
Shareholders' Equity	1,713	1,503	1,168	1,255	1,300	1,249
Total Liabilities & Equity	5,244	5,494	4,544	4,194	4,018	3,641
Filing Date Shares Outstanding	123.87	123.87	123.87	123.87	123.87	123.87
Total Common Shares Outstanding	123.87	123.87	123.87	123.87	123.87	123.87
Total Debt	35.43	40.77	30.91	37.53	137.64	208.56
Net Cash (Debt)	782.23	621.1	364.87	59.28	56.63	-87.44
Net Cash Growth	-	70.22%	515.46%	4.68%	-	-
Net Cash Per Share	6.31	5.01	2.95	0.48	0.46	-0.71
Book Value Per Share	13.83	12.14	9.43	10.13	10.50	10.08
Tangible Book Value	1,713	1,503	1,168	1,254	1,298	1,246
Tangible Book Value Per Share	13.83	12.13	9.43	10.13	10.48	10.06
Machinery	-	141.93	84.01	79.57	206.11	72.1

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