Türkiye Sigorta A.S. (IST:TURSG)

Türkiye Sigorta A.S. Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Equity & Preferred Securities	-	6,005	4,234	2,324	1,401	1,139
Other Investments	43,313	15,107	11,332	3,289	883.06	37.43
Total Investments	43,313	40,658	26,399	11,037	3,626	1,360
Cash & Equivalents	27,886	19,584	27,522	7,790	5,589	5,546
Reinsurance Recoverable	-	1,950	1,624	584.7	311.53	94.34
Other Receivables	30,430	17,785	9,712	3,961	3,081	2,264
Property, Plant & Equipment	1,992	1,477	1,228	608.49	352.9	229.76
Other Intangible Assets	-	192.27	66.25	38.66	27.63	17.88
Restricted Cash	-	5,644	4,025	1,244	514.41	989.28
Other Current Assets	-	8,011	5,383	1,958	841.04	541.39
Long-Term Deferred Tax Assets	-	-	331.07	300.84	37.98	24.76
Other Long-Term Assets	20,483	5.61	5.86	6.05	6.01	5.23
Total Assets	124,104	95,308	76,297	27,529	14,387	11,073
Accounts Payable	-	230.95	231.27	83.43	29.47	24.53
Accrued Expenses	-	1,947	1,284	624.82	273.56	197.27
Insurance & Annuity Liabilities	58,084	2,038	2,196	1,486	367.99	260.42
Unpaid Claims	-	20,664	12,592	5,899	3,737	3,176
Unearned Premiums	-	30,653	22,546	8,416	3,256	2,227
Reinsurance Payable	15,438	8,205	3,973	2,975	2,187	1,575
Current Portion of Leases	-	17.83	29.79	11.62	0.16	4.4
Current Income Taxes Payable	-	1,554	280.81	55.45	128.45	16.65
Long-Term Leases	-	12.04	26.63	17.47	13.22	5.79
Long-Term Deferred Tax Liabilities	-	155.83	-	-	-	-
Other Current Liabilities	6,353	1,903	18,539	2,000	65.63	75.74
Other Long-Term Liabilities	11,098	67.76	56.62	36.78	26.81	10.71
Total Liabilities	90,973	67,643	61,902	21,778	10,131	7,605
Common Stock	5,000	5,000	1,162	1,162	1,162	1,162
Additional Paid-In Capital	10,874	678.17	671.1	7.02	7.02	7.02
Retained Earnings	-	16,089	8,138	2,105	1,671	1,077
Comprehensive Income & Other	17,257	5,898	4,424	2,477	1,417	1,223
Shareholders' Equity	33,131	27,665	14,395	5,751	4,256	3,468
Total Liabilities & Equity	124,104	95,308	76,297	27,529	14,387	11,073
Filing Date Shares Outstanding	5,000	5,000	5,000	5,000	5,000	5,000
Total Common Shares Outstanding	5,000	5,000	5,000	5,000	5,000	5,000
Total Debt	-	29.87	56.42	29.09	13.38	10.2
Net Cash (Debt)	27,886	19,554	27,466	7,761	5,576	5,536
Net Cash Growth	21.39%	-28.80%	253.91%	39.18%	0.72%	22.53%
Net Cash Per Share	5.58	3.91	5.49	1.55	1.12	1.11
Book Value Per Share	6.63	5.53	2.88	1.15	0.85	0.69
Tangible Book Value	33,131	27,473	14,329	5,712	4,229	3,450
Tangible Book Value Per Share	6.63	5.49	2.87	1.14	0.85	0.69
Buildings	-	1,197	980	475	285	171.3
Machinery	-	232.76	183.75	121.88	78.25	61.41

Updated Jan 28, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.