Powszechny Zaklad Ubezpieczen SA (WSE: PZU)

PZU Balance Sheet

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

Fiscal Year	TTM	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Sep 30, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018
Investments in Debt Securities	165,234	129,682	118,180	120,690	90,623	72,867
Investments in Equity & Preferred Securities	1,110	1,700	861	677	529	539
Other Investments	14,411	10,139	5,501	5,609	5,518	6,047
Total Investments	216,057	178,862	154,159	156,279	121,862	110,476
Cash & Equivalents	14,946	7,038	6,967	6,841	7,699	17,030
Reinsurance Recoverable	3,569	4,202	2,693	2,438	2,219	1,759
Other Receivables	213,933	217,807	216,949	194,803	194,157	182,573
Deferred Policy Acquisition Cost	-	1,762	1,573	1,550	1,574	1,546
Property, Plant & Equipment	4,264	4,304	4,144	4,188	4,229	3,184
Goodwill	2,836	2,808	2,778	2,776	4,034	3,871
Other Intangible Assets	3,325	3,282	3,403	3,206	3,157	3,180
Restricted Cash	59	8,922	2,480	1,098	89	25
Other Current Assets	2,757	2,719	2,618	1,762	1,887	2,515
Long-Term Deferred Tax Assets	2,433	3,085	3,058	2,511	2,313	2,234
Long-Term Deferred Charges	216	205	110	91	79	72
Other Long-Term Assets	1,985	1,123	1,197	1,431	86	89
Total Assets	466,380	436,119	402,129	378,974	343,385	328,554
Accounts Payable	363	486	652	611	258	367
Accrued Expenses	1,221	2,628	2,190	2,013	2,099	1,670
Insurance & Annuity Liabilities	41,507	24,781	23,914	23,731	23,474	23,293
Unpaid Claims	-	13,356	11,715	10,984	10,298	9,690
Unearned Premiums	-	10,734	9,536	8,751	8,871	8,515
Reinsurance Payable	12	252	228	223	197	269
Current Portion of Long-Term Debt	2,718	14,804	8,235	7,534	7,366	957
Short-Term Debt	11,092	15,383	7,975	5,431	2,442	2,559
Current Income Taxes Payable	1,604	328	147	355	352	570
Long-Term Debt	24,647	15,463	13,587	15,640	16,075	23,733
Long-Term Leases	1,582	1,296	992	1,064	1,066	10
Long-Term Deferred Tax Liabilities	3,127	831	806	949	746	486
Separate Account Liability	-	4,755	5,963	5,920	5,578	5,176
Other Current Liabilities	221,940	273,666	268,013	246,373	219,086	140,100
Other Long-Term Liabilities	98,872	16,724	7,413	5,274	5,548	73,084
Total Liabilities	409,319	396,367	362,135	335,571	304,097	291,147
Common Stock	86	86	86	86	86	86
Additional Paid-In Capital	15,755	538	538	538	538	538
Retained Earnings	10,101	17,449	16,871	16,862	15,570	14,352
Treasury Stock	-4	-4	-5	-9	-7	-11
Comprehensive Income & Other	2,741	-580	-410	1,300	-18	-40
Total Common Equity	28,679	17,489	17,080	18,777	16,169	14,925
Minority Interest	28,382	22,263	22,914	24,626	23,119	22,482
Shareholders' Equity	57,061	39,752	39,994	43,403	39,288	37,407
Total Liabilities & Equity	466,380	436,119	402,129	378,974	343,385	328,554
Filing Date Shares Outstanding	863.38	863.39	863.36	863.35	863.32	863.25
Total Common Shares Outstanding	863.38	863.39	863.36	863.35	863.32	863.25
Total Debt	40,039	46,946	30,789	29,669	26,949	27,259
Net Cash (Debt)	-25,093	-39,908	-23,822	-22,828	-19,250	-10,229
Net Cash Per Share	-29.06	-46.22	-27.59	-26.44	-22.30	-11.85
Book Value Per Share	33.22	20.26	19.78	21.75	18.73	17.29
Tangible Book Value	22,518	11,399	10,899	12,795	8,978	7,874
Tangible Book Value Per Share	26.08	13.20	12.62	14.82	10.40	9.12
Machinery	-	1,936	1,952	1,732	1,485	1,331
Construction In Progress	-	405	283	229	257	198

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