NIC Holdings Limited (UGSE:NIC)

NIC Holdings Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Debt Securities	-	4,680	5,024	8,749	6,905	5,091
Policy Loans	-	-	-	45.62	37.72	62.5
Other Investments	16,489	11,760	12,711	21,158	8,158	8,101
Total Investments	65,703	74,151	76,042	87,872	70,034	34,468
Cash & Equivalents	10,557	1,056	2,468	1,133	608.2	1,162
Reinsurance Recoverable	-	-	843.89	90.9	9,138	9,634
Other Receivables	2,548	2,197	2,325	2,795	10,734	7,673
Deferred Policy Acquisition Cost	-	-	-	-	1,882	1,529
Property, Plant & Equipment	12,236	12,679	13,404	12,517	11,494	7,565
Other Intangible Assets	-	-	62.03	95.36	126.62	203.67
Restricted Cash	1,466	1,200	1,208	1,301	1,209	760.39
Other Current Assets	-	154.65	213.62	597.21	810.13	39,722
Other Long-Term Assets	-	-	-	-	-	-0
Total Assets	92,511	91,437	96,567	106,402	106,036	102,718
Accrued Expenses	-	8,608	5,858	8,307	7,342	8,163
Insurance & Annuity Liabilities	13,610	2,542	3,882	4,290	4,260	2,634
Unpaid Claims	-	4,262	11,174	9,003	2,171	3,088
Unearned Premiums	-	-	-	-	14,197	12,631
Reinsurance Payable	927.89	1,236	402.24	526.85	7,685	6,766
Current Portion of Long-Term Debt	-	2,754	5,022	3,675	-	-
Current Portion of Leases	-	305.38	524.12	524.12	361.51	358.95
Short-Term Debt	-	3,500	517.17	-	-	-
Current Income Taxes Payable	4,511	4,903	4,640	4,623	5,689	5,575
Long-Term Debt	1,868	-	-	7,510	-	-
Long-Term Leases	-	192.67	468.74	652.61	329.6	929.98
Long-Term Deferred Tax Liabilities	1,889	2,067	2,609	3,104	4,042	3,073
Other Current Liabilities	1,341	1,344	1,349	593.99	1,897	599.04
Other Long-Term Liabilities	27,844	18,020	19,229	19,395	19,317	23,547
Total Liabilities	51,991	49,734	55,676	62,205	67,290	67,365
Common Stock	11,618	10,618	10,618	10,618	7,079	7,079
Additional Paid-In Capital	67.42	67.42	67.42	67.42	3,607	3,607
Retained Earnings	25,653	27,999	27,388	29,185	24,761	21,617
Comprehensive Income & Other	3,182	3,018	2,817	4,327	3,299	3,051
Shareholders' Equity	40,520	41,702	40,891	44,197	38,745	35,353
Total Liabilities & Equity	92,511	91,437	96,567	106,402	106,036	102,718
Filing Date Shares Outstanding	2,308	2,124	2,124	2,124	2,124	2,124
Total Common Shares Outstanding	2,308	2,124	2,124	2,124	2,124	2,124
Total Debt	1,868	6,752	6,532	12,361	691.11	1,289
Net Cash (Debt)	8,690	-5,696	-4,064	-11,228	-82.92	-127.08
Net Cash Per Share	3.92	-2.68	-1.91	-5.29	-0.04	-0.06
Book Value Per Share	17.56	19.64	19.25	20.81	18.24	16.65
Tangible Book Value	40,520	41,702	40,829	44,102	38,619	35,150
Tangible Book Value Per Share	17.56	19.64	19.23	20.77	18.18	16.55
Land	-	4,935	4,935	4,935	4,606	2,548
Buildings	-	6,425	6,425	6,110	5,734	3,172
Machinery	-	4,106	4,172	3,151	3,110	3,091

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.