Sunu Assurances Nigeria Plc (NGX:SUNUASSUR)

Sunu Assurances Nigeria Balance Sheet

Financials in millions NGN. 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 Debt Securities	2,107	1,582	1.27	1.25	1.48	1.93
Other Investments	-	-	-	-	209.07	2,794
Total Investments	2,711	2,201	547.85	501.42	712.48	3,287
Cash & Equivalents	13,002	11,875	8,259	4,506	3,109	3,369
Reinsurance Recoverable	3,706	2,113	1,667	1,527	1,730	1,111
Other Receivables	1,979	989.37	891.23	934.74	684.93	399.28
Deferred Policy Acquisition Cost	-	-	-	285.14	224.8	157.23
Property, Plant & Equipment	4,762	4,637	3,951	3,931	3,931	860.82
Other Intangible Assets	528.25	539.05	551.83	606.5	654.74	684.33
Restricted Cash	315	315	315	315	315	315
Other Current Assets	492.4	211.12	188.27	121.93	142.86	295.53
Other Long-Term Assets	293.36	435.02	378.18	338.59	401.13	248.77
Total Assets	27,790	23,316	16,749	13,067	11,906	10,728
Accounts Payable	-	-	-	-	-	15.92
Accrued Expenses	534.35	447.65	310.19	205.43	206.36	85.48
Insurance & Annuity Liabilities	5,472	2,394	2,010	-	-	-
Unpaid Claims	3,530	4,138	2,950	2,380	2,243	1,722
Unearned Premiums	301.84	819.98	202.76	1,723	1,396	1,050
Reinsurance Payable	1,280	-	19.71	10.62	42.08	5.37
Current Income Taxes Payable	730.26	542.31	116.33	113.57	110.05	55.9
Long-Term Leases	-	39.59	-	-	-	-
Long-Term Deferred Tax Liabilities	256.62	256.62	137.23	119.71	119.79	91.04
Other Current Liabilities	569.15	636.98	411.47	295.71	358.35	85.22
Other Long-Term Liabilities	-	-0	-	-	-	3,329
Total Liabilities	13,388	9,668	6,633	5,346	4,577	6,526
Common Stock	2,905	2,905	2,905	2,905	2,905	1,400
Additional Paid-In Capital	2,453	2,453	2,453	2,453	2,453	1,023
Retained Earnings	8,461	7,725	4,427	2,020	1,644	1,474
Comprehensive Income & Other	316.44	316.44	62.67	62.65	62.81	63.11
Total Common Equity	14,136	13,400	9,849	7,442	7,066	3,961
Minority Interest	265.96	247.19	266.89	279.71	262.73	241.79
Shareholders' Equity	14,402	13,647	10,115	7,721	7,329	4,203
Total Liabilities & Equity	27,790	23,316	16,749	13,067	11,906	10,728
Filing Date Shares Outstanding	5,811	5,811	5,811	5,811	5,811	2,800
Total Common Shares Outstanding	5,811	5,811	5,811	5,811	5,811	2,800
Total Debt	31.16	39.59	-	-	-	-
Net Cash (Debt)	12,971	11,836	8,259	4,506	3,109	3,369
Net Cash Growth	16.51%	43.30%	83.28%	44.95%	-7.73%	-
Net Cash Per Share	2.23	2.04	1.42	0.78	0.54	1.20
Book Value Per Share	2.43	2.31	1.69	1.28	1.22	1.41
Tangible Book Value	13,608	12,861	9,297	6,835	6,411	3,276
Tangible Book Value Per Share	2.34	2.21	1.60	1.18	1.10	1.17
Land	1,384	1,200	1,200	1,200	1,200	199.81
Buildings	2,698	2,882	2,509	2,507	2,474	473.19
Machinery	1,607	1,430	1,149	990.1	910.12	739.11

Updated Jan 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.