Helvetia Holding AG (SWX: HELN)

Helvetia Holding AG Balance Sheet

Financials in millions CHF. 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 Debt Securities	-	-	-	1,872	1,974	2,135
Investments in Equity & Preferred Securities	95.3	133.9	86.6	3,432	3,283	3,252
Other Investments	45,776	27,941	27,314	35,789	37,122	31,033
Total Investments	53,416	50,528	50,054	53,135	54,655	49,241
Cash & Equivalents	1,289	1,893	1,460	1,859	1,849	1,305
Reinsurance Recoverable	1,004	972.2	811.7	2,060	1,654	1,188
Other Receivables	372.6	1,118	1,120	2,487	2,424	2,187
Deferred Policy Acquisition Cost	-	-	-	751.7	669.4	506.9
Separate Account Assets	-	-	-	5,560	4,865	4,266
Property, Plant & Equipment	1,138	1,088	1,055	1,028	1,040	563.6
Goodwill	-	1,118	1,140	1,151	1,148	1,149
Other Intangible Assets	1,562	452.6	493.9	715.6	813	190.8
Other Current Assets	461.9	985.7	718.7	382.6	73.6	6.4
Long-Term Deferred Tax Assets	-	-	-	10.5	31.1	6.2
Other Long-Term Assets	964.8	1,061	647.4	603	499.5	385.7
Total Assets	60,208	59,216	57,500	69,744	69,722	60,996
Accrued Expenses	-	-	-	276.3	314	203.3
Insurance & Annuity Liabilities	49,297	48,526	47,342	45,638	46,303	42,356
Unpaid Claims	-	-	-	6,096	5,561	4,866
Unearned Premiums	-	-	-	2,573	2,313	1,574
Reinsurance Payable	49.5	55.7	46.5	662.8	510.6	405.6
Current Portion of Long-Term Debt	-	87.1	75.9	59	77.9	281.3
Current Portion of Leases	-	26.6	-	-	33.8	-
Current Income Taxes Payable	426.6	33.8	19.3	232.5	180.8	30.6
Long-Term Debt	2,588	2,220	2,357	2,015	2,185	1,240
Long-Term Leases	-	47.9	26.6	90.7	70.7	69.4
Long-Term Deferred Tax Liabilities	-	377	367.1	884.2	873.6	816.7
Other Current Liabilities	1,372	1,477	1,205	112	125.2	98.2
Other Long-Term Liabilities	1,972	1,885	1,456	3,486	3,227	1,788
Total Liabilities	56,067	55,100	53,248	62,554	62,547	54,462
Total Preferred Equity	475	475	475	775	775	700
Common Stock	1.1	1.1	1.1	1.1	1.1	1
Retained Earnings	3,415	3,514	3,546	3,370	3,097	3,506
Treasury Stock	-11.9	-21.4	-13.3	-10.2	-8.4	-11.7
Comprehensive Income & Other	-47.8	-155.9	-74.5	2,566	2,822	2,333
Total Common Equity	3,356	3,338	3,459	5,927	5,912	5,828
Minority Interest	309.2	303.5	318.3	487.9	488	6
Shareholders' Equity	4,141	4,116	4,252	7,189	7,175	6,534
Total Liabilities & Equity	60,208	59,216	57,500	69,744	69,722	60,996
Filing Date Shares Outstanding	52.89	52.84	52.91	52.86	52.78	49.46
Total Common Shares Outstanding	52.89	52.84	52.91	52.86	52.78	49.46
Total Debt	2,588	2,382	2,460	2,165	2,367	1,590
Net Cash (Debt)	-1,298	-489.1	-999.9	-305.8	-518	-285
Net Cash Per Share	-24.55	-9.26	-18.90	-5.79	-10.12	-5.76
Book Value Per Share	63.47	63.16	65.37	112.12	112.01	117.84
Tangible Book Value	1,794	1,767	1,825	4,060	3,952	4,488
Tangible Book Value Per Share	33.92	33.44	34.49	76.81	74.86	90.75
Land	-	9.7	9.8	20.8	20.9	20.7
Machinery	-	235.2	250.9	253.3	248.4	190.7
Construction In Progress	-	197.7	142	99.2	58.9	38.1

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