Reliance Insurance Company Limited (PSX: RICL)

RICL 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	0.09	0.09	5.1	5.11	-	60.04
Investments in Equity & Preferred Securities	561.24	585.69	423.65	365.36	363.16	347.21
Other Investments	43.42	42.63	42.59	38.57	38.14	19.06
Total Investments	1,072	981.91	813.77	835.64	774.71	776.6
Cash & Equivalents	145.46	121.93	113.96	123.33	181.22	190.46
Reinsurance Recoverable	212.96	190.83	164.06	182.65	182.23	113.11
Other Receivables	667.12	561.92	402.28	311.73	239.29	215.58
Property, Plant & Equipment	104.27	87.16	72.74	73.4	70.21	83.03
Other Current Assets	187.36	195.64	156.01	175.62	140.87	146.93
Long-Term Deferred Tax Assets	-	-	20.41	6.96	2.54	-
Long-Term Deferred Charges	85.2	103.12	80.63	70.84	59.77	69.76
Other Long-Term Assets	70	70	65	67.54	63.14	-
Total Assets	2,545	2,313	1,889	1,848	1,714	1,595
Accrued Expenses	15.51	17.15	14.36	9.37	9.89	3.08
Insurance & Annuity Liabilities	-	-	-	-	-	2.17
Unpaid Claims	269.88	230.15	188.53	212.98	223.49	153.32
Unearned Premiums	431.86	479.46	370.84	337.15	300.24	326.79
Reinsurance Payable	164.94	216.6	186.79	195.48	147.24	122.87
Current Income Taxes Payable	66.03	23.9	8.92	1.09	4.64	7.07
Long-Term Deferred Tax Liabilities	40.2	30.16	-	0.02	-	4.37
Other Current Liabilities	6.85	4.53	3.42	2.17	2.17	2.17
Other Long-Term Liabilities	82.23	66.96	40.21	26.68	18.6	18.68
Total Liabilities	1,105	1,090	828.6	799.63	716.34	661.96
Common Stock	665.38	665.38	633.69	603.52	561.41	561.41
Retained Earnings	712.11	535.05	426.52	442.76	431.86	363.36
Comprehensive Income & Other	62.47	21.99	0.05	1.78	4.36	8.75
Shareholders' Equity	1,440	1,222	1,060	1,048	997.63	933.53
Total Liabilities & Equity	2,545	2,313	1,889	1,848	1,714	1,595
Filing Date Shares Outstanding	66.54	66.54	66.54	66.54	66.54	66.54
Total Common Shares Outstanding	66.54	66.54	66.54	66.54	66.54	66.54
Net Cash (Debt)	145.46	121.93	113.96	123.33	181.22	190.46
Net Cash Growth	8.77%	6.99%	-7.60%	-31.94%	-4.86%	11.24%
Net Cash Per Share	2.19	1.83	1.71	1.85	2.72	2.86
Book Value Per Share	21.64	18.37	15.93	15.75	14.99	14.03
Tangible Book Value	1,440	1,222	1,060	1,048	997.63	933.53
Tangible Book Value Per Share	21.64	18.37	15.93	15.75	14.99	14.03
Land	-	26.25	25.81	30.22	30.22	30.22
Machinery	-	99.5	102.21	173.08	169.87	172.42

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