TPL Life Insurance Balance Sheet

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

Millions PKR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2013	FY 2012	FY 2011
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '13 Dec 31, 2013	Dec '12 Dec 31, 2012	Dec '11 Dec 31, 2011
Investments in Debt Securities	251.61	221.96	85.32	275.36	202.28	140.01
Other Investments	101.64	107.03	85	184.73	-	-
Total Investments	380.94	329.19	224.2	460.09	475.22	414.72
Cash & Equivalents	800.73	702.13	559.05	109.66	42.2	93.48
Reinsurance Recoverable	-	-	-	0.99	1.47	1.77
Other Receivables	192.92	105.33	226.69	122.03	150.9	80.63
Property, Plant & Equipment	3.53	5.36	10.1	8.12	9.14	4.11
Other Intangible Assets	28.57	31.34	37.21	3.94	2.54	0.67
Other Current Assets	52.09	73.39	64.29	26.75	17.79	10.67
Total Assets	1,459	1,247	1,122	731.58	699.26	606.06
Accrued Expenses	128.48	47.62	63.87	7.17	6.57	4.76
Insurance & Annuity Liabilities	578.51	205.53	171.55	270.23	283.18	118.13
Unpaid Claims	156.27	138.45	100.28	131.28	78.94	44.45
Unearned Premiums	3.12	6.36	16.63	2.65	0.91	0.38
Reinsurance Payable	-	240.63	256.61	1.11	1.11	1.11
Current Portion of Leases	-	1.51	1.12	-	0.44	0.33
Long-Term Leases	3.47	3.11	4.56	-	-	0.44
Other Current Liabilities	134.4	121.17	93.84	1.61	1.69	1.12
Other Long-Term Liabilities	50.26	151.25	138.37	-	-	-
Total Liabilities	1,217	955.09	870.54	431.05	385.63	179.01
Common Stock	2,245	2,245	2,090	500	500	500
Retained Earnings	-2,413	-2,254	-1,914	-199.47	-186.37	-72.95
Comprehensive Income & Other	410	300.86	75	-	-	-
Shareholders' Equity	241.66	291.64	251	300.53	313.63	427.05
Total Liabilities & Equity	1,459	1,247	1,122	731.58	699.26	606.06
Filing Date Shares Outstanding	224.5	224.5	197.98	50	50	50
Total Common Shares Outstanding	224.5	224.5	197.98	50	50	50
Total Debt	3.47	4.62	5.68	-	0.44	0.77
Net Cash (Debt)	797.26	697.52	553.37	109.66	41.76	92.71
Net Cash Growth	44.07%	26.05%	404.60%	162.61%	-54.96%	6.08%
Net Cash Per Share	3.62	3.16	2.80	2.20	0.84	1.85
Book Value Per Share	1.08	1.30	1.27	6.01	6.27	8.54
Tangible Book Value	213.09	260.31	213.79	296.59	311.09	426.38
Tangible Book Value Per Share	0.95	1.16	1.08	5.93	6.22	8.53
Machinery	-	32.92	32.76	-	20.94	12.63
Leasehold Improvements	-	0.43	0.43	-	-	-

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