Taiwan Fire & Marine Insurance Co., Ltd. (TPE: 2832)

Taiwan Fire & Marine Insurance Balance Sheet

Financials in millions TWD. 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 Debt Securities	5,586	5,492	4,161	2,944	2,567	2,568
Investments in Equity & Preferred Securities	4,500	4,514	4,039	4,633	3,911	3,447
Other Investments	3,272	2,520	2,657	2,381	2,970	2,955
Total Investments	16,166	15,402	13,635	12,434	12,096	11,741
Cash & Equivalents	3,421	3,141	3,075	4,178	3,685	3,415
Reinsurance Recoverable	3,182	2,337	2,263	2,060	1,919	1,920
Other Receivables	949.9	730.4	756.44	668.8	665.46	612.95
Property, Plant & Equipment	396.77	419.65	415.33	511.55	402.16	394.52
Other Intangible Assets	10.38	12.48	14.86	12.07	9.96	4.71
Other Current Assets	663.36	676.8	670.84	683.65	727.92	730.85
Long-Term Deferred Tax Assets	20.25	20.81	19.77	42.78	36.7	29.32
Other Long-Term Assets	72.93	69.84	41.62	51.63	38.33	38.32
Total Assets	24,882	22,810	20,891	20,643	19,581	18,887
Accounts Payable	520.8	27.91	458.92	337.93	486.22	463.82
Accrued Expenses	169.96	686.05	152.99	179.43	139.16	126.03
Insurance & Annuity Liabilities	8.85	6.34	7.07	13.9	7.59	7.15
Unpaid Claims	6,541	5,787	5,442	5,327	5,013	5,034
Unearned Premiums	4,342	4,000	3,833	3,707	3,448	3,216
Reinsurance Payable	593.99	428.5	442.45	385.25	369	390.43
Current Portion of Leases	22.77	29.42	23.16	29.83	29.51	27.41
Current Income Taxes Payable	48.77	190.04	133.53	31.15	38.82	64.96
Long-Term Leases	23.78	34.27	28.5	31.91	41.99	39.23
Long-Term Deferred Tax Liabilities	280.82	275.11	276.69	264.15	266.67	274.09
Other Long-Term Liabilities	109.53	97.75	81.27	70.9	77.92	71.43
Total Liabilities	12,714	11,620	10,945	10,462	10,000	9,799
Common Stock	3,622	3,622	3,622	3,622	3,622	3,622
Additional Paid-In Capital	98.96	98.96	98.96	98.96	98.96	98.96
Retained Earnings	7,858	7,188	6,477	5,890	5,751	5,414
Comprehensive Income & Other	589.93	280.31	-251.87	570.72	108.74	-46.94
Shareholders' Equity	12,169	11,190	9,946	10,181	9,581	9,088
Total Liabilities & Equity	24,882	22,810	20,891	20,643	19,581	18,887
Filing Date Shares Outstanding	362.2	362.2	362.2	362.2	362.2	362.2
Total Common Shares Outstanding	362.2	362.2	362.2	362.2	362.2	362.2
Total Debt	46.55	63.69	51.67	61.74	71.5	66.65
Net Cash (Debt)	3,375	3,078	3,023	4,117	3,613	3,349
Net Cash Growth	7.91%	1.81%	-26.57%	13.94%	7.90%	3.43%
Net Cash Per Share	9.28	8.47	8.32	11.34	9.94	9.21
Book Value Per Share	33.60	30.89	27.46	28.11	26.45	25.09
Tangible Book Value	12,158	11,177	9,931	10,169	9,571	9,083
Tangible Book Value Per Share	33.57	30.86	27.42	28.08	26.42	25.08
Land	261.77	261.77	261.77	335.33	261.77	261.77
Buildings	170.08	170.08	168.83	205.16	166.94	164.73
Machinery	64.14	65.6	66.86	53.32	47.38	50.48
Leasehold Improvements	9.22	9.17	8.77	7.96	7.73	10.89

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