Meghna Insurance Company Limited (DSE:MEGHNAINS)

Meghna Insurance Company Balance Sheet

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

Fiscal Year	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Investments in Debt Securities	84.05	55.1	25	25	25
Other Investments	543.49	553.45	387.47	258.87	228.42
Total Investments	627.54	608.55	412.47	283.87	253.42
Cash & Equivalents	72.74	116.34	234.79	144.34	116.59
Reinsurance Recoverable	147.57	135.87	122.97	111.28	99.49
Other Receivables	30	19.61	8.7	5.96	6.12
Property, Plant & Equipment	270.49	287.71	260.57	261.19	208.31
Other Intangible Assets	0.13	0.16	0.12	0.15	0.19
Other Current Assets	209.85	203.33	183.35	127.78	115.48
Long-Term Deferred Tax Assets	-	0.07	-	-	-
Other Long-Term Assets	0	-	-	0	-
Total Assets	1,358	1,372	1,223	934.56	799.61
Accrued Expenses	150.41	127.4	131.7	76.02	21.43
Insurance & Annuity Liabilities	279.1	330.21	215.56	176.13	156.46
Unpaid Claims	49.89	59.81	60.2	141.6	62.24
Unearned Premiums	29.41	53.25	131.7	50.48	27.7
Reinsurance Payable	118.89	96.4	214.8	155.43	181.08
Current Portion of Leases	5.11	6.53	7.25	7.81	-
Short-Term Debt	-	-	-	17.44	49.48
Current Income Taxes Payable	104.21	84.07	61.42	55.34	52.35
Long-Term Debt	0.04	0.04	0.04	33.53	49.5
Long-Term Leases	6.42	7.78	10.67	6.57	-
Long-Term Deferred Tax Liabilities	4.35	-	0.57	2.16	0.81
Other Current Liabilities	8.92	14.35	0.36	0.28	1.14
Other Long-Term Liabilities	17.42	17.42	1.15	5.11	0.31
Total Liabilities	774.17	797.25	835.43	727.92	602.51
Common Stock	400	400	240	79.35	69
Retained Earnings	191.62	178.75	145.72	125.39	128.67
Comprehensive Income & Other	-7.48	-4.35	1.82	1.9	-0.57
Shareholders' Equity	584.14	574.4	387.54	206.64	197.1
Total Liabilities & Equity	1,358	1,372	1,223	934.56	799.61
Filing Date Shares Outstanding	40	40	21.67	7.94	7.94
Total Common Shares Outstanding	40	40	21.67	7.94	7.94
Total Debt	11.57	14.35	17.96	65.36	98.98
Net Cash (Debt)	61.17	101.99	216.83	78.98	17.61
Net Cash Growth	-40.03%	-52.96%	174.54%	348.58%	-
Net Cash Per Share	1.53	3.06	10.01	9.95	2.22
Book Value Per Share	14.60	14.36	17.88	26.04	24.84
Tangible Book Value	584.01	574.24	387.42	206.49	196.91
Tangible Book Value Per Share	14.60	14.36	17.88	26.02	24.82
Land	162.05	162.05	162.05	162.05	162.05
Buildings	18.56	18.56	18.56	18.56	18.56
Machinery	139.31	137.21	124.24	116.05	87.02

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.