Habib Insurance Company Limited (PSX:HICL)

Habib Insurance Company Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Debt Securities	250	250	753.55	130.22	329.94
Investments in Equity & Preferred Securities	2,009	1,253	821.12	1,210	1,022
Total Investments	2,259	1,503	1,575	1,341	1,352
Cash & Equivalents	475.04	661.86	395.78	96.81	194.28
Reinsurance Recoverable	1,428	1,411	908.89	1,117	1,068
Other Receivables	947.3	807	817.49	823.11	620.93
Property, Plant & Equipment	99.41	114.02	56.1	68.89	185.18
Other Intangible Assets	13.36	0.24	0.45	0.67	2.19
Other Current Assets	735.07	715.34	558.39	512.53	488.66
Long-Term Deferred Charges	250.92	217.07	169.58	145.64	106.23
Other Long-Term Assets	276.09	64.67	62.3	88.02	-
Total Assets	6,485	5,494	4,544	4,194	4,018
Accrued Expenses	323.78	257.07	189.04	198.23	113.26
Insurance & Annuity Liabilities	383.5	373.08	117.21	180.38	114.03
Unpaid Claims	1,044	1,055	959.57	786.59	819.12
Unearned Premiums	1,810	1,582	1,419	1,179	959.63
Reinsurance Payable	381.72	337.47	397.31	243.03	233.49
Current Portion of Leases	16.38	19.36	14.54	11.99	24.67
Current Income Taxes Payable	-	-	-	-	2.25
Long-Term Leases	9.38	21.4	16.37	25.54	112.97
Long-Term Deferred Tax Liabilities	296.89	142.07	17.29	82.02	124.13
Other Current Liabilities	69.65	69.39	83.54	62.81	63.25
Other Long-Term Liabilities	10.5	40.22	30.87	37.87	31.54
Total Liabilities	4,429	3,991	3,375	2,939	2,718
Common Stock	619.37	619.37	619.37	619.37	619.37
Retained Earnings	684.35	499.13	448.09	406.77	356.01
Comprehensive Income & Other	751.7	384.95	100.84	228.93	324.86
Shareholders' Equity	2,055	1,503	1,168	1,255	1,300
Total Liabilities & Equity	6,485	5,494	4,544	4,194	4,018
Filing Date Shares Outstanding	123.87	123.87	123.87	123.87	123.87
Total Common Shares Outstanding	123.87	123.87	123.87	123.87	123.87
Total Debt	25.76	40.77	30.91	37.53	137.64
Net Cash (Debt)	449.28	621.1	364.87	59.28	56.63
Net Cash Growth	-27.66%	70.23%	515.46%	4.68%	-
Net Cash Per Share	3.63	5.01	2.95	0.48	0.46
Book Value Per Share	16.59	12.14	9.43	10.13	10.50
Tangible Book Value	2,042	1,503	1,168	1,254	1,298
Tangible Book Value Per Share	16.48	12.13	9.43	10.13	10.48
Machinery	155.7	141.93	84.01	79.57	206.11

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