Habib Insurance Company Limited (PSX:HICL)

Habib Insurance Company 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	250	250	250	753.55	130.22	329.94
Investments in Equity & Preferred Securities	2,308	2,009	1,253	821.12	1,210	1,022
Total Investments	2,558	2,259	1,503	1,575	1,341	1,352
Cash & Equivalents	24.93	475.04	661.86	395.78	96.81	194.28
Reinsurance Recoverable	1,459	1,428	1,411	908.89	1,117	1,068
Other Receivables	833.8	947.3	807	817.49	823.11	620.93
Property, Plant & Equipment	99.27	99.41	114.02	56.1	68.89	185.18
Other Intangible Assets	12.61	13.36	0.24	0.45	0.67	2.19
Other Current Assets	506.98	735.07	715.34	558.39	512.53	488.66
Long-Term Deferred Charges	208.58	250.92	217.07	169.58	145.64	106.23
Other Long-Term Assets	458.44	276.09	64.67	62.3	88.02	-
Total Assets	6,162	6,485	5,494	4,544	4,194	4,018
Accrued Expenses	191.9	323.78	257.07	189.04	198.23	113.26
Insurance & Annuity Liabilities	370.55	383.5	373.08	117.21	180.38	114.03
Unpaid Claims	1,109	1,044	1,055	959.57	786.59	819.12
Unearned Premiums	1,451	1,810	1,582	1,419	1,179	959.63
Reinsurance Payable	328.51	381.72	337.47	397.31	243.03	233.49
Current Portion of Leases	-	16.38	19.36	14.54	11.99	24.67
Current Income Taxes Payable	-	-	-	-	-	2.25
Long-Term Leases	25.82	9.38	21.4	16.37	25.54	112.97
Long-Term Deferred Tax Liabilities	271.27	296.89	142.07	17.29	82.02	124.13
Other Current Liabilities	70.15	69.65	69.39	83.54	62.81	63.25
Other Long-Term Liabilities	9.27	10.5	40.22	30.87	37.87	31.54
Total Liabilities	4,068	4,429	3,991	3,375	2,939	2,718
Common Stock	619.37	619.37	619.37	619.37	619.37	619.37
Retained Earnings	777.82	684.35	499.13	448.09	406.77	356.01
Comprehensive Income & Other	697.55	751.7	384.95	100.84	228.93	324.86
Shareholders' Equity	2,095	2,055	1,503	1,168	1,255	1,300
Total Liabilities & Equity	6,162	6,485	5,494	4,544	4,194	4,018
Filing Date Shares Outstanding	123.87	123.87	123.87	123.87	123.87	123.87
Total Common Shares Outstanding	123.87	123.87	123.87	123.87	123.87	123.87
Total Debt	179.95	25.76	40.77	30.91	37.53	137.64
Net Cash (Debt)	-155.03	449.28	621.1	364.87	59.28	56.63
Net Cash Growth	-	-27.66%	70.23%	515.46%	4.68%	-
Net Cash Per Share	-1.25	3.63	5.01	2.95	0.48	0.46
Book Value Per Share	16.91	16.59	12.14	9.43	10.13	10.50
Tangible Book Value	2,082	2,042	1,503	1,168	1,254	1,298
Tangible Book Value Per Share	16.81	16.48	12.13	9.43	10.13	10.48
Machinery	-	155.7	141.93	84.01	79.57	206.11

Updated Oct 30, 2024. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.