EFU Life Assurance Limited (PSX:EFUL)

EFU Life Assurance Balance Sheet

Financials in millions PKR. 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	192,550	16,268	12,052	11,196	8,383	7,754
Investments in Equity & Preferred Securities	47,275	236.88	123.31	107.13	199.71	280.66
Other Investments	6,756	1,041	868	162.13	128.44	127.06
Total Investments	246,580	242,574	187,356	150,207	126,526	123,370
Cash & Equivalents	3,800	6,017	12,563	18,985	28,985	24,397
Reinsurance Recoverable	-	494.37	626.09	337.21	208.9	24.48
Other Receivables	9,075	5,210	5,068	4,908	4,117	3,471
Property, Plant & Equipment	3,601	3,451	3,152	3,018	3,064	2,884
Goodwill	-	68.35	30.65	-	-	-
Other Intangible Assets	307.84	261.2	265.3	3.42	18.38	38.7
Other Current Assets	288.07	1,364	1,170	988.57	261.37	294.32
Total Assets	263,653	259,439	210,232	178,447	163,180	154,480
Accounts Payable	-	101.51	238.68	-	-	-
Accrued Expenses	-	2,191	1,862	2,024	2,123	1,747
Insurance & Annuity Liabilities	245,910	4,661	3,034	2,828	1,706	1,609
Unpaid Claims	-	9,282	7,560	6,105	4,259	4,338
Unearned Premiums	2,214	2,173	1,772	1,202	1,148	1,220
Reinsurance Payable	898.19	192.42	202.22	363.89	76.24	183.44
Current Portion of Leases	-	101.77	104	141.4	114.71	113.61
Long-Term Leases	850.95	512.3	583.2	530.26	534.87	389.91
Long-Term Deferred Tax Liabilities	1,805	1,959	1,574	1,068	884.8	804.23
Separate Account Liability	-	228,314	185,931	157,450	145,792	137,565
Other Current Liabilities	-	712.11	413.06	67.88	61.87	53.98
Other Long-Term Liabilities	3,278	47.14	10.08	316.85	300.14	279.17
Total Liabilities	254,956	250,247	203,284	172,098	157,002	148,305
Common Stock	1,050	1,050	1,000	1,000	1,000	1,000
Additional Paid-In Capital	636.32	636.32	-	-	-	-
Retained Earnings	6,908	7,369	5,902	5,337	5,145	5,137
Comprehensive Income & Other	103	136.92	46.01	11.46	33.4	38.31
Shareholders' Equity	8,698	9,192	6,948	6,349	6,178	6,175
Total Liabilities & Equity	263,653	259,439	210,232	178,447	163,180	154,480
Filing Date Shares Outstanding	105	105.08	100	100	100	100
Total Common Shares Outstanding	105	105.08	100	100	100	100
Total Debt	850.95	614.06	687.2	671.66	649.58	503.51
Net Cash (Debt)	2,949	5,403	11,876	18,314	28,335	23,894
Net Cash Growth	-65.63%	-54.51%	-35.15%	-35.37%	18.59%	-4.26%
Net Cash Per Share	28.09	52.08	118.76	183.14	283.35	238.94
Book Value Per Share	82.83	87.48	69.48	63.49	61.78	61.75
Tangible Book Value	8,390	8,863	6,652	6,345	6,160	6,136
Tangible Book Value Per Share	79.90	84.35	66.52	63.45	61.60	61.36
Land	-	126.51	126.51	126.51	126.51	126.51
Buildings	-	1,365	1,367	1,367	1,367	1,367
Machinery	-	3,558	2,689	2,376	2,184	1,906
Leasehold Improvements	-	513.02	471.34	462.95	421.3	362.54

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