Nitol Insurance Company Limited (DSE:NITOLINS)

Nitol Insurance Company Balance Sheet

Financials in millions BDT. 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	148.2	147.87	147.49	147	146.56	25
Investments in Equity & Preferred Securities	-	3.74	3.4	3.37	3.7	3.59
Other Investments	219.21	286	420.5	704	792	895
Total Investments	367.41	437.6	571.38	854.37	942.27	923.59
Cash & Equivalents	22.78	26.12	22.47	40.73	35.94	38.19
Reinsurance Recoverable	-	239.76	71.28	84.67	37.43	18.63
Other Receivables	831.33	13.65	17.78	24.5	24.94	32.44
Property, Plant & Equipment	777.72	498.85	515.58	237.45	236.34	251.33
Other Intangible Assets	-	0.43	0.58	0.2	0.27	0.35
Other Current Assets	2.57	714.35	643	716.75	660.08	613.7
Total Assets	2,002	1,931	1,842	1,959	1,937	1,878
Accrued Expenses	-	14.26	13.84	11.79	11.92	12.95
Insurance & Annuity Liabilities	155.83	155.2	145.9	140.16	146.31	194.45
Unpaid Claims	19.35	17.92	17.26	10.36	39.56	30.5
Unearned Premiums	5.66	13.48	10.61	38.46	50.67	80.23
Reinsurance Payable	-	84.47	79.72	148.9	147	129.6
Current Income Taxes Payable	320	316.09	290.26	342.66	320.84	284.38
Long-Term Deferred Tax Liabilities	49.15	47.08	42.36	35.66	31.41	25.74
Other Current Liabilities	144.96	12.39	6.68	12.97	7.82	16.08
Other Long-Term Liabilities	-	0	-	0	-	-
Total Liabilities	713.38	670.89	619	750.78	764.79	783.25
Common Stock	402.08	402.08	402.08	402.08	402.08	402.08
Retained Earnings	820.71	791.49	753.68	737.13	698.11	616.87
Comprehensive Income & Other	65.64	66.3	67.31	68.68	72.3	76.03
Shareholders' Equity	1,288	1,260	1,223	1,208	1,172	1,095
Total Liabilities & Equity	2,002	1,931	1,842	1,959	1,937	1,878
Filing Date Shares Outstanding	42.22	42.22	42.22	42.22	42.22	42.22
Total Common Shares Outstanding	42.22	42.22	42.22	42.22	42.22	42.22
Total Debt	18.43	-	-	-	-	-
Net Cash (Debt)	4.35	26.12	22.47	40.73	35.94	38.19
Net Cash Growth	-93.50%	16.25%	-44.84%	13.32%	-5.89%	37.69%
Net Cash Per Share	0.10	0.62	0.53	0.96	0.85	0.90
Book Value Per Share	30.52	29.84	28.97	28.61	27.77	25.94
Tangible Book Value	1,288	1,259	1,222	1,208	1,172	1,095
Tangible Book Value Per Share	30.52	29.83	28.96	28.61	27.77	25.93
Land	-	242.91	242.85	-	-	-
Buildings	-	244.92	244.81	244.81	-	-
Machinery	-	141.09	139.3	116.29	-	-

Updated Nov 3, 2024. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.