TPL Insurance Limited (PSX:TPLI)

TPL Insurance Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Debt Securities	-	250	250	221.29	247.99
Investments in Equity & Preferred Securities	340.01	282.72	326.72	406.56	90.28
Other Investments	-	-	2.5	102.5	352.5
Total Investments	548.75	669.45	740.59	936.36	748.86
Cash & Equivalents	3,757	3,342	2,396	1,376	988.39
Reinsurance Recoverable	1,070	1,018	836.34	657.44	467.87
Other Receivables	1,121	978.13	717.31	764.48	375.2
Property, Plant & Equipment	313.17	289.56	410.06	383.87	248.94
Other Intangible Assets	8.25	11.27	11.98	17.32	8.61
Other Current Assets	573.89	493.14	447.45	344.86	370.46
Long-Term Deferred Tax Assets	-	4.72	-	-	16.42
Long-Term Deferred Charges	298.54	260.64	238.89	181.25	179.51
Other Long-Term Assets	248.33	241.11	173.15	124.09	96.91
Total Assets	7,939	7,309	5,971	4,786	3,501
Accrued Expenses	320.16	444.39	228.35	279.44	211.61
Insurance & Annuity Liabilities	474.22	439.39	380.39	325.37	277.54
Unpaid Claims	1,066	972.67	837.96	598.42	539.1
Unearned Premiums	2,586	2,120	1,991	1,778	1,461
Current Portion of Leases	87.49	61.47	115.38	160.96	126.49
Current Income Taxes Payable	183.5	189.22	0.48	0.48	0.57
Long-Term Leases	52.52	68.75	119.91	38.47	3.07
Long-Term Deferred Tax Liabilities	37.25	-	10.38	36.89	-
Other Current Liabilities	381.44	374.9	143.04	40.82	41.38
Total Liabilities	5,188	4,670	3,827	3,259	2,661
Common Stock	1,984	1,984	1,984	1,172	938.66
Additional Paid-In Capital	42.8	42.8	42.8	221.16	8.03
Retained Earnings	486.93	415.3	-116.54	-134.8	-125.11
Comprehensive Income & Other	236.89	196.22	234.14	268.61	18.77
Shareholders' Equity	2,751	2,638	2,144	1,527	840.35
Total Liabilities & Equity	7,939	7,309	5,971	4,786	3,501
Filing Date Shares Outstanding	198.39	198.39	198.39	158.21	126.72
Total Common Shares Outstanding	198.39	198.39	198.39	158.21	126.72
Total Debt	140.01	130.22	235.29	199.42	129.55
Net Cash (Debt)	3,617	3,212	2,160	1,177	858.83
Net Cash Growth	12.60%	48.68%	83.56%	37.04%	1.54%
Net Cash Per Share	18.23	16.19	12.34	7.88	6.78
Book Value Per Share	13.86	13.30	10.81	9.65	6.63
Tangible Book Value	2,742	2,627	2,132	1,510	831.74
Tangible Book Value Per Share	13.82	13.24	10.75	9.54	6.56
Machinery	354.6	312.69	275.49	263.27	191.14
Construction In Progress	-	-	3.6	-	-
Leasehold Improvements	87.14	87.14	84.53	62.45	36.62

Updated Feb 25, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.