Donegal Group Inc. (DGICB)

Donegal Group Balance Sheet

Financials in millions USD. 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	1,318	1,269	1,212	1,201	1,142	1,041
Investments in Equity & Preferred Securities	35.96	25.9	35.1	63.42	58.56	55.48
Other Investments	15.8	32.31	57.32	12.69	20.9	14.03
Total Investments	1,369	1,327	1,305	1,277	1,221	1,111
Cash & Equivalents	28.65	23.79	25.12	57.71	103.09	49.32
Reinsurance Recoverable	434.08	441.43	456.52	455.41	408.91	367.02
Other Receivables	224.84	201.05	191.22	202.41	180.69	172.8
Deferred Policy Acquisition Cost	78.48	75.04	73.17	68.03	59.16	59.28
Property, Plant & Equipment	2.52	2.63	2.76	2.96	4.39	4.56
Goodwill	5.63	5.63	5.63	5.63	5.63	5.63
Other Intangible Assets	0.96	0.96	0.96	0.96	0.96	0.96
Other Current Assets	185.36	168.72	160.59	176.94	169.42	142.48
Long-Term Deferred Tax Assets	16.29	19.53	21.6	6.69	5.68	8.51
Other Long-Term Assets	0.06	0.45	1.12	1.61	1.39	2.05
Total Assets	2,346	2,266	2,243	2,255	2,161	1,923
Accounts Payable	-	-	-	-	-	0
Accrued Expenses	2.99	3.95	4.23	4.03	29.12	28.45
Unpaid Claims	1,135	1,126	1,121	1,078	962.01	869.67
Unearned Premiums	646.87	599.41	577.65	572.96	537.19	510.15
Reinsurance Payable	3.39	8.76	3.5	3.95	3.23	2.12
Current Income Taxes Payable	-	-	-	-	-	0.08
Long-Term Debt	35	35	35	35	90	40
Other Current Liabilities	-	5.57	5.3	23.03	4.44	4.08
Other Long-Term Liabilities	9.66	7.7	13.04	7.56	16.76	17.59
Total Liabilities	1,833	1,787	1,760	1,724	1,643	1,472
Common Stock	0.37	0.36	0.36	0.34	0.33	0.32
Additional Paid-In Capital	342.19	335.69	325.6	304.89	289.15	268.15
Retained Earnings	232.99	217.79	240.56	263.75	258.39	223.27
Treasury Stock	-41.23	-41.23	-41.23	-41.23	-41.23	-41.23
Comprehensive Income & Other	-20.95	-32.88	-41.7	3.28	11.13	0.5
Shareholders' Equity	513.37	479.75	483.59	531.04	517.77	451.02
Total Liabilities & Equity	2,346	2,266	2,243	2,255	2,161	1,923
Filing Date Shares Outstanding	33.9	33.39	32.74	31.36	30.28	28.85
Total Common Shares Outstanding	33.73	33.34	32.69	31.33	30.23	28.78
Total Debt	35	35	35	35	90	40
Net Cash (Debt)	-6.35	-11.21	-9.88	22.71	13.09	9.32
Net Cash Growth	-	-	-	73.43%	40.51%	-
Net Cash Per Share	-0.19	-0.34	-0.31	0.73	0.44	0.32
Book Value Per Share	15.22	14.39	14.79	16.95	17.13	15.67
Tangible Book Value	506.79	473.16	477.01	524.45	511.19	444.43
Tangible Book Value Per Share	15.03	14.19	14.59	16.74	16.91	15.44
Machinery	-	8.33	8.29	8.71	9.11	8.96

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