IGI Holdings Limited (PSX: IGIHL)

IGI Holdings 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	18,694	5,142	7,205	7,485	5,531	7,941
Investments in Equity & Preferred Securities	61,373	67,548	51,422	48,317	49,417	54,457
Policy Loans	201.43	195.95	175.14	178.71	171.81	167.97
Other Investments	12,971	21,237	13,325	14,549	16,348	12,174
Total Investments	93,240	94,122	72,127	70,530	71,468	74,739
Cash & Equivalents	3,439	4,437	1,168	1,474	1,259	660.29
Reinsurance Recoverable	8,229	9,584	8,162	3,424	3,262	1,928
Other Receivables	7,077	3,766	3,257	2,888	2,460	2,916
Property, Plant & Equipment	480.38	896.67	795.24	875.06	916.47	785.72
Other Intangible Assets	453.76	392.67	373.84	418.7	470.64	539.99
Other Current Assets	4,290	3,873	2,948	2,605	2,087	1,775
Other Long-Term Assets	23.55	28.26	36.32	29.21	17.5	339.39
Total Assets	117,232	117,101	88,868	82,244	81,941	83,684
Accounts Payable	543.38	757.86	463.78	580.17	376.08	280.84
Accrued Expenses	1,315	1,318	913.1	637.25	778.17	732.29
Insurance & Annuity Liabilities	28,375	22,916	17,995	18,513	17,937	16,618
Unpaid Claims	9,820	8,099	7,380	3,247	3,273	2,097
Unearned Premiums	3,744	4,297	3,395	3,229	2,525	2,101
Reinsurance Payable	3,589	3,575	1,977	1,639	1,651	1,380
Current Portion of Long-Term Debt	-	-	-	300	466.67	633.33
Current Portion of Leases	2.2	45.18	71.54	80.1	72.86	69.47
Short-Term Debt	2,554	2,617	2,492	3,040	2,801	2,614
Long-Term Debt	-	-	-	-	300	766.67
Long-Term Leases	26.44	38.15	97.2	215.58	226.18	158.55
Long-Term Deferred Tax Liabilities	3,618	3,218	1,589	933.33	948.37	1,261
Other Current Liabilities	2,752	4,002	1,322	1,792	1,331	1,213
Other Long-Term Liabilities	-0	-	-	-	-	-
Total Liabilities	56,393	50,939	37,778	34,262	32,745	29,969
Common Stock	1,426	1,426	1,426	1,426	1,426	1,426
Additional Paid-In Capital	434.05	434.05	434.05	434.05	434.05	434.05
Retained Earnings	24,691	25,310	20,079	17,935	17,230	17,202
Comprensive Income & Other	33,956	38,679	28,873	27,909	29,760	34,289
Total Common Equity	60,507	65,850	50,813	47,704	48,851	53,351
Minority Interest	331.79	312.68	277.01	277.67	345.6	363.6
Shareholders' Equity	60,839	66,162	51,090	47,982	49,196	53,715
Total Liabilities & Equity	117,232	117,101	88,868	82,244	81,941	83,684
Filing Date Shares Outstanding	142.63	142.63	142.63	142.63	142.63	142.63
Total Common Shares Outstanding	142.63	142.63	142.63	142.63	142.63	142.63
Total Debt	2,583	2,700	2,660	3,636	3,866	4,242
Net Cash (Debt)	855.99	1,737	-1,492	-2,162	-2,607	-3,582
Net Cash Growth	-67.35%	-	-	-	-	-
Net Cash Per Share	6.00	12.18	-10.46	-15.16	-18.28	-25.11
Book Value Per Share	424.23	461.68	356.25	334.46	342.50	374.05
Tangible Book Value	60,054	65,457	50,439	47,286	48,380	52,811
Tangible Book Value Per Share	421.04	458.93	353.63	331.53	339.20	370.27
Buildings	-	533.99	531.76	569.59	553.5	545.02
Machinery	-	787.7	602.38	495.08	488.1	395.2
Construction In Progress	-	69.44	17.53	12.35	45.23	29.58

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