The United Insurance Company of Pakistan Limited (PSX:UNIC)

PSX:UNIC 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	764.82	634.76	1,218	617.5	80.75
Investments in Equity & Preferred Securities	47.53	40.86	29.11	30.78	756.91
Other Investments	1,195	910.38	805.26	980.44	768.44
Total Investments	2,495	1,918	2,304	1,681	1,637
Cash & Equivalents	812.96	588.92	894.35	764.87	457.3
Reinsurance Recoverable	2,525	3,216	3,247	1,737	1,745
Other Receivables	4,567	2,212	2,369	2,012	1,192
Property, Plant & Equipment	2,153	1,795	1,505	1,195	1,210
Other Intangible Assets	28.98	26.66	1.11	1.48	1.98
Other Current Assets	2,921	3,223	2,347	2,129	1,881
Long-Term Deferred Charges	518.68	401.48	316.88	375.49	212.91
Other Long-Term Assets	31.38	480.53	16.51	350.39	1,524
Total Assets	16,053	13,863	13,000	10,246	9,861
Accrued Expenses	571.92	466.59	230.81	151.68	43.99
Insurance & Annuity Liabilities	1,456	1,163	1,082	624.3	906.88
Unpaid Claims	2,988	3,558	3,758	2,008	1,758
Unearned Premiums	3,356	2,613	2,468	2,436	2,519
Current Portion of Leases	52.68	31.65	48.85	43.08	39.22
Current Income Taxes Payable	987.76	539.47	402.45	274.19	185.44
Long-Term Leases	131.16	17.18	33.98	50.08	52.26
Long-Term Deferred Tax Liabilities	229.37	193.16	150.56	126.53	151.34
Other Current Liabilities	143.91	206.61	143.82	142.67	69.25
Other Long-Term Liabilities	115.08	44.58	-	29.46	0.54
Total Liabilities	10,032	8,833	8,319	5,886	5,726
Common Stock	3,468	3,468	2,950	2,950	2,950
Retained Earnings	1,978	933.18	1,073	1,103	826.37
Comprehensive Income & Other	575.5	629.15	658.8	306.56	358.03
Shareholders' Equity	6,021	5,030	4,682	4,360	4,134
Total Liabilities & Equity	16,053	13,863	13,000	10,246	9,861
Filing Date Shares Outstanding	416.1	416.1	354	354	354
Total Common Shares Outstanding	416.1	416.1	354	354	354
Total Debt	183.84	48.83	82.83	93.16	91.48
Net Cash (Debt)	629.12	540.1	811.51	671.72	365.81
Net Cash Growth	16.48%	-33.45%	20.81%	83.62%	152.24%
Net Cash Per Share	1.57	1.35	2.29	1.90	1.03
Book Value Per Share	14.47	12.09	13.22	12.32	11.68
Tangible Book Value	5,992	5,003	4,680	4,358	4,132
Tangible Book Value Per Share	14.40	12.02	13.22	12.31	11.67
Land	574.14	574.14	474.14	364.62	364.1
Buildings	443.01	443.01	352.71	261.38	261.38
Machinery	2,402	1,924	1,484	1,325	1,296
Construction In Progress	5.94	22.43	20.24	71.85	21.18

Updated Oct 31, 2024. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.