The Universal Insurance Company Limited (PSX: UVIC)

UVIC 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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Investments in Equity & Preferred Securities	-	270.08	363.56	371.68	285.34	255.49
Total Investments	46.34	316.42	464.77	517.5	450.37	411.83
Cash & Equivalents	325.31	142.86	10.07	13.4	9.33	46.38
Reinsurance Recoverable	99.68	100.51	104.96	127.26	148.63	148.9
Other Receivables	32.26	76.89	26.34	26.31	28.22	26.11
Property, Plant & Equipment	264.32	146.51	157.92	155.44	188.47	191.91
Other Current Assets	1.97	18.36	28.52	34.51	38.16	34.06
Long-Term Deferred Tax Assets	18.6	-	95.1	56	57.01	33.19
Long-Term Deferred Charges	1.13	0.76	5.15	7.25	9.97	6.8
Other Long-Term Assets	58.38	57.01	55.36	55.17	55.36	54.68
Total Assets	847.98	859.31	948.19	992.85	985.51	953.84
Accrued Expenses	-	7.81	9.57	8.94	11.22	10.61
Insurance & Annuity Liabilities	64.89	67.43	86.64	4.74	4.29	9.14
Unpaid Claims	98.83	101.14	84.09	46.83	35.47	35.38
Unearned Premiums	12.07	7.04	36.86	51.72	66.51	43.93
Reinsurance Payable	-	-	-	38.82	36.77	30.49
Current Income Taxes Payable	14.35	0.04	0.11	0.02	0.21	-
Long-Term Deferred Tax Liabilities	-	6.65	-	-	-	-
Other Current Liabilities	0.56	0.56	0.56	0.56	0.56	1.09
Other Long-Term Liabilities	8.06	0.65	0.65	0.51	0.44	1.09
Total Liabilities	198.75	191.32	218.47	152.6	155.81	131.73
Common Stock	500	500	500	500	500	500
Additional Paid-In Capital	13.82	13.82	13.82	13.82	13.82	13.82
Retained Earnings	-4.99	-166.96	-137.3	-27.4	-69.59	16.36
Comprehensive Income & Other	140.4	321.12	353.2	353.82	385.47	291.93
Shareholders' Equity	649.23	667.99	729.72	840.24	829.7	822.11
Total Liabilities & Equity	847.98	859.31	948.19	992.85	985.51	953.84
Filing Date Shares Outstanding	50.23	50	50	50	50	50
Total Common Shares Outstanding	50.23	50	50	50	50	50
Net Cash (Debt)	325.31	142.86	10.07	13.4	9.33	46.38
Net Cash Growth	2080.63%	1318.54%	-24.83%	43.57%	-79.88%	75.24%
Net Cash Per Share	6.61	2.86	0.20	0.27	0.19	0.93
Book Value Per Share	12.92	13.36	14.59	16.80	16.59	16.44
Tangible Book Value	649.23	667.99	729.72	840.24	829.7	822.11
Tangible Book Value Per Share	12.92	13.36	14.59	16.80	16.59	16.44
Land	-	115.6	115.6	115.6	145.6	145.6
Buildings	-	32.76	49.22	49.22	49.22	49.22
Machinery	-	49.86	51.44	47.49	48.53	48.89

Source: S&P Capital IQ. Insurance template. Financial Sources.