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	Jun 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	229.3	282.72	326.72	406.56	90.28	58.7
Other Investments	-0	-	2.5	102.5	352.5	30
Total Investments	376.03	669.45	740.59	936.36	748.86	213.7
Cash & Equivalents	3,581	3,342	2,396	1,376	988.39	1,122
Reinsurance Recoverable	916.9	1,018	836.34	657.44	467.87	107.12
Other Receivables	1,390	978.13	717.31	764.48	375.2	537.94
Property, Plant & Equipment	289.03	289.56	410.06	383.87	248.94	419.57
Other Intangible Assets	9.17	11.27	11.98	17.32	8.61	9.57
Other Current Assets	718.39	493.14	447.45	344.86	370.46	259.26
Long-Term Deferred Tax Assets	17.57	4.72	-	-	16.42	44.06
Long-Term Deferred Charges	281.39	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	7,825	7,309	5,971	4,786	3,501	2,966
Accrued Expenses	403	444.39	228.35	279.44	211.61	125.3
Insurance & Annuity Liabilities	559.68	439.39	380.39	325.37	277.54	208.89
Unpaid Claims	1,253	972.67	837.96	598.42	539.1	260.08
Unearned Premiums	2,402	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	185.75	189.22	0.48	0.48	0.57	17.73
Long-Term Leases	144.87	68.75	119.91	38.47	3.07	175.79
Long-Term Deferred Tax Liabilities	-	-	10.38	36.89	-	-
Other Current Liabilities	234.41	374.9	143.04	40.82	41.38	57.12
Total Liabilities	5,182	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	457.35	415.3	-116.54	-134.8	-125.11	-164.9
Comprensive Income & Other	158.28	196.22	234.14	268.61	18.77	-27.74
Shareholders' Equity	2,642	2,638	2,144	1,527	840.35	754.05
Total Liabilities & Equity	7,825	7,309	5,971	4,786	3,501	2,966
Filing Date Shares Outstanding	197.41	198.39	198.39	158.21	126.72	126.72
Total Common Shares Outstanding	197.41	198.39	198.39	158.21	126.72	126.72
Total Debt	144.87	130.22	235.29	199.42	129.55	276.62
Net Cash (Debt)	3,437	3,212	2,160	1,177	858.83	845.82
Net Cash Growth	52.49%	48.68%	83.56%	37.04%	1.54%	40.52%
Net Cash Per Share	17.50	16.19	12.34	7.88	6.78	6.67
Book Value Per Share	13.39	13.30	10.81	9.65	6.63	5.95
Tangible Book Value	2,633	2,627	2,132	1,510	831.74	744.49
Tangible Book Value Per Share	13.34	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.