TPL Insurance Balance Sheet

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

Millions PKR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Investments in Debt Securities	252.85	-	250	250	221.29
Investments in Equity & Preferred Securities	-	340.01	282.72	326.72	406.56
Other Investments	1,468	-	-	2.5	102.5
Total Investments	1,721	548.75	669.45	740.59	936.36
Cash & Equivalents	2,995	3,757	3,342	2,396	1,376
Reinsurance Recoverable	1,155	1,070	1,018	836.34	657.44
Other Receivables	1,873	1,121	978.13	717.31	764.48
Property, Plant & Equipment	350.22	313.17	289.56	410.06	383.87
Other Intangible Assets	22.56	8.25	11.27	11.98	17.32
Other Current Assets	416.64	573.89	493.14	447.45	344.86
Long-Term Deferred Tax Assets	-	-	4.72	-	-
Long-Term Deferred Charges	263.03	298.54	260.64	238.89	181.25
Other Long-Term Assets	-	248.33	241.11	173.15	124.09
Total Assets	8,829	7,939	7,309	5,971	4,786
Accrued Expenses	-	320.16	444.39	228.35	279.44
Insurance & Annuity Liabilities	467.03	474.22	439.39	380.39	325.37
Unpaid Claims	1,347	1,066	972.67	837.96	598.42
Unearned Premiums	2,791	2,586	2,120	1,991	1,778
Current Portion of Leases	-	87.49	61.47	115.38	160.96
Current Income Taxes Payable	145.75	183.5	189.22	0.48	0.48
Long-Term Leases	122.84	52.52	68.75	119.91	38.47
Long-Term Deferred Tax Liabilities	-	37.25	-	10.38	36.89
Other Current Liabilities	-	381.44	374.9	143.04	40.82
Other Long-Term Liabilities	1,166	-	-	-	-
Total Liabilities	6,040	5,188	4,670	3,827	3,259
Common Stock	1,986	1,984	1,984	1,984	1,172
Additional Paid-In Capital	42.8	42.8	42.8	42.8	221.16
Retained Earnings	637.73	486.93	415.3	-116.54	-134.8
Comprehensive Income & Other	121.56	236.89	196.22	234.14	268.61
Shareholders' Equity	2,789	2,751	2,638	2,144	1,527
Total Liabilities & Equity	8,829	7,939	7,309	5,971	4,786
Filing Date Shares Outstanding	403.35	198.39	198.39	198.39	158.21
Total Common Shares Outstanding	403.35	198.39	198.39	198.39	158.21
Total Debt	122.84	140.01	130.22	235.29	199.42
Net Cash (Debt)	2,873	3,617	3,212	2,160	1,177
Net Cash Growth	-20.58%	12.60%	48.68%	83.56%	37.04%
Net Cash Per Share	11.96	18.23	16.19	12.34	7.88
Book Value Per Share	6.91	13.86	13.30	10.81	9.65
Tangible Book Value	2,766	2,742	2,627	2,132	1,510
Tangible Book Value Per Share	6.86	13.82	13.24	10.75	9.54
Machinery	-	354.6	312.69	275.49	263.27
Construction In Progress	-	-	-	3.6	-
Leasehold Improvements	-	87.14	87.14	84.53	62.45

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.