Jubilee Life Insurance Company Limited (PSX: JLICL)

JLICL 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	33,701	32,515	27,437	21,289	17,390	16,124
Investments in Equity & Preferred Securities	607.81	536.91	388.74	954.4	1,579	1,727
Other Investments	40.04	78.81	264.08	155.46	1,744	3,200
Total Investments	193,488	187,618	165,462	156,845	162,874	150,591
Cash & Equivalents	4,369	6,025	12,069	24,430	17,843	12,445
Reinsurance Recoverable	-	224.77	564.98	580.36	1,098	314.65
Other Receivables	8,489	6,514	3,518	2,576	2,650	3,609
Property, Plant & Equipment	4,161	4,230	4,520	4,608	4,408	4,505
Other Intangible Assets	51.66	73.52	134.66	182.5	258.05	214.18
Other Current Assets	679.17	733.9	1,002	830.85	779.85	413.11
Other Long-Term Assets	34.93	71.35	581.62	499	510.89	1,269
Total Assets	211,274	205,490	187,853	190,552	190,422	173,361
Accounts Payable	-	58.37	104.79	39.94	53.16	43.6
Accrued Expenses	7.93	3,012	2,724	2,519	2,583	2,385
Insurance & Annuity Liabilities	4,886	4,132	2,961	2,199	2,160	2,279
Unpaid Claims	178,124	12,548	10,910	8,833	7,031	5,114
Unearned Premiums	1,540	1,757	1,553	1,092	1,272	1,165
Reinsurance Payable	584.75	332.34	31.22	2.15	15.24	39.12
Current Portion of Long-Term Debt	250	250	250	250	250	250
Current Portion of Leases	170.4	238.62	56.3	199.93	231.81	223.4
Long-Term Debt	-	125	375	625	875	1,125
Long-Term Leases	824.89	730.43	979.24	841.96	751.25	789.45
Long-Term Deferred Tax Liabilities	1,873	2,002	1,646	1,362	1,440	1,393
Separate Account Liability	-	161,387	149,838	157,730	159,422	146,240
Other Current Liabilities	7,425	3,565	2,482	1,779	112.74	908.03
Other Long-Term Liabilities	-	-	-	-	1,353	-
Total Liabilities	195,686	190,137	173,911	177,483	177,550	161,955
Common Stock	1,004	1,004	872.64	872.64	872.64	793.31
Retained Earnings	14,424	14,206	13,145	12,278	11,922	10,440
Comprensive Income & Other	160.12	143.68	-76.55	-81.71	77.88	172.53
Shareholders' Equity	15,588	15,353	13,941	13,069	12,872	11,406
Total Liabilities & Equity	211,274	205,490	187,853	190,552	190,422	173,361
Filing Date Shares Outstanding	100.41	100.35	100.35	100.35	100.35	100.35
Total Common Shares Outstanding	100.41	100.35	100.35	100.35	100.35	100.35
Total Debt	1,245	1,344	1,661	1,917	2,108	2,388
Net Cash (Debt)	3,124	4,681	10,409	22,513	15,735	10,057
Net Cash Growth	-5.80%	-55.03%	-53.76%	43.07%	56.46%	-54.02%
Net Cash Per Share	31.13	46.65	103.72	224.34	156.80	100.22
Book Value Per Share	155.24	152.99	138.92	130.23	128.27	113.65
Tangible Book Value	15,536	15,280	13,807	12,886	12,614	11,191
Tangible Book Value Per Share	154.73	152.26	137.58	128.41	125.70	111.52
Machinery	-	2,387	2,402	2,262	1,939	1,693
Construction In Progress	-	2,712	2,707	2,688	2,686	2,713
Leasehold Improvements	-	503.95	514.83	490.17	439.12	383.71

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