TPL Insurance Limited (PSX: TPLI)

TPL Insurance 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	-	250	250	221.29	247.99	125
Investments in Equity & Preferred Securities	195.04	282.72	326.72	406.56	90.28	58.7
Other Investments	-	-	2.5	102.5	352.5	30
Total Investments	339.08	669.45	740.59	936.36	748.86	213.7
Cash & Equivalents	3,725	3,342	2,396	1,376	988.39	1,122
Reinsurance Recoverable	784.13	1,018	836.34	657.44	467.87	107.12
Other Receivables	1,498	978.13	717.31	764.48	375.2	537.94
Property, Plant & Equipment	312.9	289.56	410.06	383.87	248.94	419.57
Other Intangible Assets	8.13	11.27	11.98	17.32	8.61	9.57
Other Current Assets	798.62	493.14	447.45	344.86	370.46	259.26
Long-Term Deferred Tax Assets	30.71	4.72	-	-	16.42	44.06
Long-Term Deferred Charges	284.27	260.64	238.89	181.25	179.51	156.75
Other Long-Term Assets	244.7	241.11	173.15	124.09	96.91	95.68
Total Assets	8,025	7,309	5,971	4,786	3,501	2,966
Accrued Expenses	416.35	444.39	228.35	279.44	211.61	125.3
Insurance & Annuity Liabilities	661.88	439.39	380.39	325.37	277.54	208.89
Unpaid Claims	1,131	972.67	837.96	598.42	539.1	260.08
Unearned Premiums	2,568	2,120	1,991	1,778	1,461	1,266
Current Portion of Leases	-	61.47	115.38	160.96	126.49	100.83
Current Income Taxes Payable	183.52	189.22	0.48	0.48	0.57	17.73
Long-Term Leases	161.75	68.75	119.91	38.47	3.07	175.79
Long-Term Deferred Tax Liabilities	-	-	10.38	36.89	-	-
Other Current Liabilities	291.89	374.9	143.04	40.82	41.38	57.12
Total Liabilities	5,414	4,670	3,827	3,259	2,661	2,212
Common Stock	1,984	1,984	1,984	1,172	938.66	938.66
Additional Paid-In Capital	42.8	42.8	42.8	221.16	8.03	8.03
Retained Earnings	450.3	415.3	-116.54	-134.8	-125.11	-164.9
Comprehensive Income & Other	133.95	196.22	234.14	268.61	18.77	-27.74
Shareholders' Equity	2,611	2,638	2,144	1,527	840.35	754.05
Total Liabilities & Equity	8,025	7,309	5,971	4,786	3,501	2,966
Filing Date Shares Outstanding	100.62	198.39	198.39	158.21	126.72	126.72
Total Common Shares Outstanding	100.62	198.39	198.39	158.21	126.72	126.72
Total Debt	161.75	130.22	235.29	199.42	129.55	276.62
Net Cash (Debt)	3,563	3,212	2,160	1,177	858.83	845.82
Net Cash Growth	11.46%	48.68%	83.56%	37.04%	1.54%	40.52%
Net Cash Per Share	13.45	16.19	12.34	7.88	6.78	6.67
Book Value Per Share	25.95	13.30	10.81	9.65	6.63	5.95
Tangible Book Value	2,603	2,627	2,132	1,510	831.74	744.49
Tangible Book Value Per Share	25.87	13.24	10.75	9.54	6.56	5.88
Machinery	-	312.69	275.49	263.27	191.14	183.13
Construction In Progress	-	-	3.6	-	-	2.61
Leasehold Improvements	-	87.14	84.53	62.45	36.62	34.04

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