Shaheen Insurance Company Limited (PSX:SHNI)

Paycor HCM Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Debt Securities	410.52	283.74	-	-	87.18	87.43
Investments in Equity & Preferred Securities	396.51	388.93	114.74	164.04	66.78	62.74
Other Investments	-	56.14	30.1	27.19	-	27
Total Investments	976.35	898.01	312.17	358.48	309.21	312.79
Cash & Equivalents	250.23	294.99	722.76	477.82	396.63	391.23
Reinsurance Recoverable	548.98	397.81	228.73	146.98	72.45	85.3
Other Receivables	72.42	75.72	49.16	38.03	91.21	119.66
Property, Plant & Equipment	119.96	115.79	76.26	55.78	39.93	22.02
Other Intangible Assets	0.43	0.5	-	-	-	0.03
Other Current Assets	27.09	63.25	57.19	28.13	30.51	43.86
Long-Term Deferred Charges	64.61	93.44	42.57	29.15	15.51	16.24
Other Long-Term Assets	120.51	94.5	131.79	103.07	138.36	100.85
Total Assets	2,181	2,034	1,621	1,237	1,094	1,092
Accrued Expenses	156.79	178.88	154.98	109.57	102.08	97.24
Insurance & Annuity Liabilities	0.34	0.34	0.34	0.34	0.34	0.54
Unpaid Claims	235.87	196.68	207.56	128.96	85.85	127.31
Unearned Premiums	488.84	478.59	263.29	160.17	99.52	96.65
Reinsurance Payable	90.17	55.43	32.3	54.77	64.97	76.47
Current Portion of Leases	-	7.14	6.83	6.83	6.81	17.16
Current Income Taxes Payable	30.66	29.29	22.94	-	0.12	0.05
Long-Term Leases	21.37	9.25	12.58	12.48	19.65	-
Other Current Liabilities	8.79	6.88	5.43	6.9	6.2	8.72
Other Long-Term Liabilities	102.59	45.51	57.76	17.88	17.33	9.65
Total Liabilities	1,137	1,026	776.02	505.51	406.52	436.16
Common Stock	645	645	600	600	600	600
Retained Earnings	378.2	349.64	244.37	128.06	74.69	43.61
Comprehensive Income & Other	20.64	13.06	0.24	3.86	12.6	12.2
Shareholders' Equity	1,044	1,008	844.61	731.93	687.29	655.81
Total Liabilities & Equity	2,181	2,034	1,621	1,237	1,094	1,092
Filing Date Shares Outstanding	80.63	80.63	80.63	80.63	80.63	80.63
Total Common Shares Outstanding	80.63	80.63	80.63	80.63	80.63	80.63
Total Debt	21.37	16.39	19.42	19.32	26.46	17.16
Net Cash (Debt)	228.86	278.6	703.34	458.5	370.17	374.06
Net Cash Growth	-69.63%	-60.39%	53.40%	23.86%	-1.04%	-1.00%
Net Cash Per Share	2.84	3.46	8.72	5.69	4.59	4.64
Book Value Per Share	12.95	12.50	10.48	9.08	8.52	8.13
Tangible Book Value	1,043	1,007	844.61	731.93	687.29	655.78
Tangible Book Value Per Share	12.94	12.49	10.48	9.08	8.52	8.13
Machinery	-	188	142.2	106.77	86.37	80.99
Construction In Progress	-	1.37	0.16	6.53	2.2	-
Leasehold Improvements	-	2.66	-	-	-	-

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