Provati Insurance Company Limited (DSE:PROVATIINS)

Provati Insurance Company Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Mar 31, 2025	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Investments in Equity & Preferred Securities	-	75.28	134.13	149.91	54.8	12.82
Other Investments	164.78	616.48	631.05	-	-	-
Total Investments	164.78	691.76	765.18	149.91	54.8	12.82
Cash & Equivalents	706.63	168.2	124.42	767.54	672.35	550.33
Reinsurance Recoverable	430.73	286.68	157.75	25.77	64.19	157.58
Other Receivables	81.7	25.79	33.83	26.76	25.55	21.17
Property, Plant & Equipment	328.94	232.21	220.85	186.27	169.19	146.99
Other Intangible Assets	-	2.63	2.17	1.65	0.65	0.67
Other Current Assets	86.38	65.64	56.2	21.87	41.81	151.88
Other Long-Term Assets	-0	242.46	243.6	213.39	112.36	25.9
Total Assets	1,799	1,715	1,604	1,393	1,141	1,067
Accrued Expenses	-	15.93	15.82	14	13.18	11.9
Insurance & Annuity Liabilities	336.43	360.26	365.3	329.41	305.09	259.11
Unpaid Claims	296.24	236.34	166.06	111.01	56.53	73.35
Unearned Premiums	65.77	61.78	65.03	63.69	61.9	57.22
Short-Term Debt	77.48	122.07	80.18	56.4	0.22	-0.06
Current Income Taxes Payable	-	68.08	68.56	34.44	54.55	82.68
Long-Term Deferred Tax Liabilities	-	0.06	1.66	1.41	1.34	1.12
Other Current Liabilities	7.98	2.8	2.04	-	2.65	1.64
Other Long-Term Liabilities	-0	1.79	1.46	2.97	15.14	15.14
Total Liabilities	908.41	869.11	770.36	616.82	513.9	504.79
Common Stock	403.12	403.12	403.12	347.52	297.03	297.03
Retained Earnings	40.64	440.64	402.24	416.71	327.48	262.69
Comprehensive Income & Other	446.99	2.5	28.28	12.11	2.5	2.83
Shareholders' Equity	890.75	846.27	833.64	776.33	627.01	562.54
Total Liabilities & Equity	1,799	1,715	1,604	1,393	1,141	1,067
Filing Date Shares Outstanding	40.79	40.31	40.31	40.31	40.31	40.31
Total Common Shares Outstanding	40.79	40.31	40.31	40.31	40.31	40.31
Total Debt	77.48	122.07	80.18	56.4	0.22	-0.06
Net Cash (Debt)	629.15	46.14	44.24	711.14	672.13	550.38
Net Cash Growth	1263.66%	4.29%	-93.78%	5.80%	22.12%	28.38%
Net Cash Per Share	15.43	1.14	1.10	17.64	16.67	13.65
Book Value Per Share	21.84	20.99	20.68	19.26	15.55	13.95
Tangible Book Value	890.75	843.63	831.47	774.68	626.36	561.86
Tangible Book Value Per Share	21.84	20.93	20.63	19.22	15.54	13.94
Land	-	78.7	78.7	78.7	78.7	78.7
Buildings	-	20.4	20.4	20.4	20.4	20.4
Machinery	-	228.73	205.69	172.35	145.54	128.11

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