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

PSX:UNIC Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Debt Securities	769.53	764.82	634.76	1,218	617.5	80.75
Investments in Equity & Preferred Securities	44.57	47.53	40.86	29.11	30.78	756.91
Other Investments	3,710	1,195	910.38	805.26	980.44	768.44
Total Investments	5,035	2,495	1,918	2,304	1,681	1,637
Cash & Equivalents	328.51	812.96	588.92	894.35	764.87	457.3
Reinsurance Recoverable	2,059	2,525	3,216	3,247	1,737	1,745
Other Receivables	5,775	4,567	2,212	2,369	2,012	1,192
Property, Plant & Equipment	2,143	2,153	1,795	1,505	1,195	1,210
Other Intangible Assets	64.21	28.98	26.66	1.11	1.48	1.98
Other Current Assets	2,791	2,921	3,223	2,347	2,129	1,881
Long-Term Deferred Charges	486.92	518.68	401.48	316.88	375.49	212.91
Other Long-Term Assets	5.38	31.38	480.53	16.51	350.39	1,524
Total Assets	18,688	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	2,991	1,456	1,163	1,082	624.3	906.88
Unpaid Claims	3,031	2,988	3,558	3,758	2,008	1,758
Unearned Premiums	3,355	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	1,117	987.76	539.47	402.45	274.19	185.44
Long-Term Leases	201.81	131.16	17.18	33.98	50.08	52.26
Long-Term Deferred Tax Liabilities	224.43	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	794.3	115.08	44.58	-	29.46	0.54
Total Liabilities	11,714	10,032	8,833	8,319	5,886	5,726
Common Stock	3,468	3,468	3,468	2,950	2,950	2,950
Retained Earnings	2,512	1,978	933.18	1,073	1,103	826.37
Comprehensive Income & Other	994.67	575.5	629.15	658.8	306.56	358.03
Shareholders' Equity	6,974	6,021	5,030	4,682	4,360	4,134
Total Liabilities & Equity	18,688	16,053	13,863	13,000	10,246	9,861
Filing Date Shares Outstanding	415.7	416.1	416.1	354	354	354
Total Common Shares Outstanding	415.7	416.1	416.1	354	354	354
Total Debt	201.81	183.84	48.83	82.83	93.16	91.48
Net Cash (Debt)	126.7	629.12	540.1	811.51	671.72	365.81
Net Cash Growth	-74.48%	16.48%	-33.45%	20.81%	83.62%	152.24%
Net Cash Per Share	0.32	1.57	1.35	2.29	1.90	1.03
Book Value Per Share	16.78	14.47	12.09	13.22	12.32	11.68
Tangible Book Value	6,910	5,992	5,003	4,680	4,358	4,132
Tangible Book Value Per Share	16.62	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.