TPL Insurance Balance Sheet

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

Millions PKR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	56.95	63.97	340.01	282.72	326.72	406.56
Other Investments	1,499	-	-	-	2.5	102.5
Total Investments	1,808	63.97	548.75	669.45	740.59	936.36
Cash & Equivalents	3,562	4,399	3,757	3,342	2,396	1,376
Reinsurance Recoverable	1,110	1,509	1,070	1,018	836.34	657.44
Other Receivables	2,106	1,395	1,101	978.13	717.31	764.48
Property, Plant & Equipment	293.62	350.22	313.17	289.56	410.06	383.87
Other Intangible Assets	24.72	22.56	8.25	11.27	11.98	17.32
Other Current Assets	444.15	540.55	593.56	493.14	447.45	344.86
Long-Term Deferred Tax Assets	34.46	31.84	-	4.72	-	-
Long-Term Deferred Charges	242.85	263.03	298.54	260.64	238.89	181.25
Other Long-Term Assets	-	252.85	248.33	241.11	173.15	124.09
Total Assets	9,626	8,829	7,939	7,309	5,971	4,786
Accrued Expenses	-	474.29	320.16	444.39	228.35	279.44
Insurance & Annuity Liabilities	464.07	467.03	474.22	439.39	380.39	325.37
Unpaid Claims	1,447	1,361	1,072	972.67	837.96	598.42
Unearned Premiums	3,123	2,791	2,586	2,120	1,991	1,778
Current Portion of Leases	-	65.97	64.9	61.47	115.38	160.96
Current Income Taxes Payable	138.55	146.23	183.5	189.22	0.48	0.48
Long-Term Leases	88.7	56.87	75.11	68.75	119.91	38.47
Long-Term Deferred Tax Liabilities	-	-	37.25	-	10.38	36.89
Other Current Liabilities	-	677.2	375.26	374.9	143.04	40.82
Other Long-Term Liabilities	1,595	-	-	-	-	-
Total Liabilities	6,856	6,040	5,188	4,670	3,827	3,259
Common Stock	1,986	1,986	1,984	1,984	1,984	1,172
Additional Paid-In Capital	42.8	42.8	42.8	42.8	42.8	221.16
Retained Earnings	624.58	637.73	486.93	415.3	-116.54	-134.8
Comprehensive Income & Other	116.6	121.56	236.89	196.22	234.14	268.61
Shareholders' Equity	2,770	2,789	2,751	2,638	2,144	1,527
Total Liabilities & Equity	9,626	8,829	7,939	7,309	5,971	4,786
Filing Date Shares Outstanding	202.63	198.64	196.4	198.39	198.39	158.21
Total Common Shares Outstanding	202.63	198.64	196.4	198.39	198.39	158.21
Total Debt	88.7	122.84	140.01	130.22	235.29	199.42
Net Cash (Debt)	3,473	4,276	3,617	3,212	2,160	1,177
Net Cash Growth	-8.74%	18.23%	12.60%	48.68%	83.56%	37.04%
Net Cash Per Share	17.31	21.53	18.21	16.19	12.34	7.88
Book Value Per Share	13.67	14.04	14.00	13.30	10.81	9.65
Tangible Book Value	2,746	2,766	2,742	2,627	2,132	1,510
Tangible Book Value Per Share	13.55	13.92	13.96	13.24	10.75	9.54
Machinery	-	351.42	354.6	312.69	275.49	263.27
Construction In Progress	-	-	-	-	3.6	-
Leasehold Improvements	-	91.35	87.14	87.14	84.53	62.45

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.