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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Debt Securities	175.43	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	182.74	286	420.5	704	792	895
Total Investments	358.18	437.6	571.38	854.37	942.27	923.59
Cash & Equivalents	19.4	26.12	22.47	40.73	35.94	38.19
Reinsurance Recoverable	-	239.76	71.28	84.67	37.43	18.63
Other Receivables	885.71	13.65	17.78	24.5	24.94	32.44
Property, Plant & Equipment	773.45	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	3.02	714.35	643	716.75	660.08	613.7
Total Assets	2,040	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	157.4	155.2	145.9	140.16	146.31	194.45
Unpaid Claims	19.67	17.92	17.26	10.36	39.56	30.5
Unearned Premiums	2.45	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	326.57	316.09	290.26	342.66	320.84	284.38
Long-Term Deferred Tax Liabilities	49.92	47.08	42.36	35.66	31.41	25.74
Other Current Liabilities	182.47	12.39	6.68	12.97	7.82	16.08
Other Long-Term Liabilities	-	0	-	0	-	-
Total Liabilities	757.23	670.89	619	750.78	764.79	783.25
Common Stock	422.18	402.08	402.08	402.08	402.08	402.08
Retained Earnings	795.04	791.49	753.68	737.13	698.11	616.87
Comprehensive Income & Other	65.31	66.3	67.31	68.68	72.3	76.03
Shareholders' Equity	1,283	1,260	1,223	1,208	1,172	1,095
Total Liabilities & Equity	2,040	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	18.75	-	-	-	-	-
Net Cash (Debt)	0.65	26.12	22.47	40.73	35.94	38.19
Net Cash Growth	309.56%	16.25%	-44.84%	13.32%	-5.89%	37.69%
Net Cash Per Share	0.02	0.62	0.53	0.96	0.85	0.90
Book Value Per Share	30.38	29.84	28.97	28.61	27.77	25.94
Tangible Book Value	1,283	1,259	1,222	1,208	1,172	1,095
Tangible Book Value Per Share	30.38	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 Sep 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.