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	Sep 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	1,773	1,253	821.12	1,210	1,022	987.7
Total Investments	2,023	1,503	1,575	1,341	1,352	1,266
Cash & Equivalents	243.38	661.86	395.78	96.81	194.28	121.12
Reinsurance Recoverable	1,577	1,411	908.89	1,117	1,068	810.37
Other Receivables	918.87	817.01	830.64	823.11	620.93	716.62
Property, Plant & Equipment	107.37	114.02	56.1	68.89	185.18	164.83
Other Intangible Assets	14.11	0.24	0.45	0.67	2.19	3.1
Other Current Assets	845.96	705.33	545.24	512.53	488.66	418.08
Long-Term Deferred Charges	222.32	217.07	169.58	145.64	106.23	74.04
Other Long-Term Assets	274.35	64.67	62.3	88.02	-	66.96
Total Assets	6,226	5,494	4,544	4,194	4,018	3,641
Accrued Expenses	240.65	257.07	189.04	198.23	113.26	105.19
Insurance & Annuity Liabilities	368.31	373.08	117.21	180.38	114.03	76.48
Unpaid Claims	1,195	1,055	959.57	786.59	819.12	594.64
Unearned Premiums	1,617	1,582	1,419	1,179	959.63	905.22
Reinsurance Payable	506.48	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	145.71	-	-	-	-	80
Current Income Taxes Payable	-	-	-	-	2.25	9.61
Long-Term Leases	29.22	21.4	16.37	25.54	112.97	89.79
Long-Term Deferred Tax Liabilities	205.52	142.07	17.29	82.02	124.13	101.95
Other Current Liabilities	70.06	69.39	83.54	62.81	63.25	61.07
Other Long-Term Liabilities	37.18	40.22	30.87	37.87	31.54	25.69
Total Liabilities	4,522	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	548.4	499.13	448.09	406.77	356.01	355.53
Comprehensive Income & Other	536.72	384.95	100.84	228.93	324.86	274.28
Shareholders' Equity	1,704	1,503	1,168	1,255	1,300	1,249
Total Liabilities & Equity	6,226	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	174.93	40.77	30.91	37.53	137.64	208.56
Net Cash (Debt)	68.45	621.1	364.87	59.28	56.63	-87.44
Net Cash Growth	-	70.23%	515.46%	4.68%	-	-
Net Cash Per Share	0.55	5.01	2.95	0.48	0.46	-0.71
Book Value Per Share	13.76	12.14	9.43	10.13	10.50	10.08
Tangible Book Value	1,690	1,503	1,168	1,254	1,298	1,246
Tangible Book Value Per Share	13.65	12.13	9.43	10.13	10.48	10.06
Machinery	-	141.93	84.01	79.57	206.11	72.1

Updated Oct 30, 2024. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.