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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Debt Securities	1,668	1,582	1.27	1.25	1.48	1.93
Other Investments	-	-	-	-	209.07	2,794
Total Investments	2,278	2,201	547.85	501.42	712.48	3,287
Cash & Equivalents	12,398	11,875	8,259	4,506	3,109	3,369
Reinsurance Recoverable	3,698	2,113	1,667	1,527	1,730	1,111
Other Receivables	2,021	989.37	891.23	934.74	684.93	399.28
Deferred Policy Acquisition Cost	-	-	-	285.14	224.8	157.23
Property, Plant & Equipment	4,640	4,637	3,951	3,931	3,931	860.82
Other Intangible Assets	517.45	539.05	551.83	606.5	654.74	684.33
Restricted Cash	315	315	315	315	315	315
Other Current Assets	602.05	211.12	188.27	121.93	142.86	295.53
Other Long-Term Assets	333.14	435.02	378.18	338.59	401.13	248.77
Total Assets	26,804	23,316	16,749	13,067	11,906	10,728
Accounts Payable	-	-	-	-	-	15.92
Accrued Expenses	359.21	447.65	310.19	205.43	206.36	85.48
Insurance & Annuity Liabilities	5,417	2,394	2,010	-	-	-
Unpaid Claims	3,555	4,138	2,950	2,380	2,243	1,722
Unearned Premiums	265.39	819.98	202.76	1,723	1,396	1,050
Reinsurance Payable	1,176	-	19.71	10.62	42.08	5.37
Current Income Taxes Payable	427.15	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	457.33	636.98	411.47	295.71	358.35	85.22
Other Long-Term Liabilities	0	-0	-	-	-	3,329
Total Liabilities	12,565	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	8,165	7,725	4,427	2,020	1,644	1,474
Comprehensive Income & Other	467.65	316.44	62.67	62.65	62.81	63.11
Total Common Equity	13,991	13,400	9,849	7,442	7,066	3,961
Minority Interest	246.96	247.19	266.89	279.71	262.73	241.79
Shareholders' Equity	14,238	13,647	10,115	7,721	7,329	4,203
Total Liabilities & Equity	26,804	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	28.28	39.59	-	-	-	-
Net Cash (Debt)	12,370	11,836	8,259	4,506	3,109	3,369
Net Cash Growth	-4.13%	43.30%	83.28%	44.95%	-7.73%	-
Net Cash Per Share	2.13	2.04	1.42	0.78	0.54	1.20
Book Value Per Share	2.41	2.31	1.69	1.28	1.22	1.41
Tangible Book Value	13,474	12,861	9,297	6,835	6,411	3,276
Tangible Book Value Per Share	2.32	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	1,552	1,430	1,149	990.1	910.12	739.11

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