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	Jun 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	381.32	142.86	10.07	13.4	9.33	46.38
Reinsurance Recoverable	100.13	100.51	104.96	127.26	148.63	148.9
Other Receivables	84.39	76.89	26.34	26.31	28.22	26.11
Property, Plant & Equipment	144.87	146.51	157.92	155.44	188.47	191.91
Other Current Assets	1.76	18.36	28.52	34.51	38.16	34.06
Long-Term Deferred Tax Assets	19.65	-	95.1	56	57.01	33.19
Long-Term Deferred Charges	0.4	0.76	5.15	7.25	9.97	6.8
Other Long-Term Assets	57.83	57.01	55.36	55.17	55.36	54.68
Total Assets	836.7	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	71.1	67.43	86.64	4.74	4.29	9.14
Unpaid Claims	99.21	101.14	84.09	46.83	35.47	35.38
Unearned Premiums	3.8	7.04	36.86	51.72	66.51	43.93
Reinsurance Payable	-	-	-	38.82	36.77	30.49
Current Income Taxes Payable	15.99	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	6.43	0.65	0.65	0.51	0.44	1.09
Total Liabilities	197.08	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	-14.78	-166.96	-137.3	-27.4	-69.59	16.36
Comprensive Income & Other	140.57	321.12	353.2	353.82	385.47	291.93
Shareholders' Equity	639.62	667.99	729.72	840.24	829.7	822.11
Total Liabilities & Equity	836.7	859.31	948.19	992.85	985.51	953.84
Filing Date Shares Outstanding	50.04	50	50	50	50	50
Total Common Shares Outstanding	50.04	50	50	50	50	50
Net Cash (Debt)	381.32	142.86	10.07	13.4	9.33	46.38
Net Cash Growth	7710.79%	1318.54%	-24.83%	43.57%	-79.88%	75.24%
Net Cash Per Share	7.65	2.86	0.20	0.27	0.19	0.93
Book Value Per Share	12.78	13.36	14.59	16.80	16.59	16.44
Tangible Book Value	639.62	667.99	729.72	840.24	829.7	822.11
Tangible Book Value Per Share	12.78	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.