Mutual Benefits Assurance Plc (NGX:MBENEFIT)
Nigeria
· Delayed Price · Currency is NGN 5.10
-0.10 (-1.92%)
At close: Mar 9, 2026
Mutual Benefits Assurance Balance Sheet
Financials in millions NGN. Fiscal year is January - December.
Millions NGN. Fiscal year is Jan - Dec.
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | 2020 - 2016 |
|---|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | 2020 - 2016 |
| Investments in Debt Securities | - | - | - | 3,057 | 3,143 | Upgrade
|
| Investments in Equity & Preferred Securities | 1,113 | 878.03 | 488.71 | 513.05 | 556.61 | Upgrade
|
| Other Investments | 85,291 | 49,243 | 40,111 | 36,333 | 33,275 | Upgrade
|
| Total Investments | 90,939 | 55,979 | 45,154 | 45,249 | 43,141 | Upgrade
|
| Cash & Equivalents | 39,376 | 49,165 | 33,601 | 18,751 | 14,164 | Upgrade
|
| Reinsurance Recoverable | 11,821 | 11,899 | 4,865 | 4,827 | 3,682 | Upgrade
|
| Other Receivables | 10,416 | 18,721 | 18,404 | 16,260 | 15,519 | Upgrade
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| Deferred Policy Acquisition Cost | - | - | - | - | 950.02 | Upgrade
|
| Property, Plant & Equipment | 19,114 | 6,648 | 4,700 | 3,438 | 3,483 | Upgrade
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| Other Intangible Assets | 854.19 | 896.97 | 690.02 | 383.3 | 333.98 | Upgrade
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| Restricted Cash | - | 500 | 500 | 500 | 500 | Upgrade
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| Other Current Assets | - | 1,398 | 895.89 | 414.23 | 1,428 | Upgrade
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| Long-Term Deferred Tax Assets | 647.85 | 723.77 | 694 | 576.27 | 578.48 | Upgrade
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| Other Long-Term Assets | 1,153 | 1,204 | 954.97 | - | - | Upgrade
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| Total Assets | 174,321 | 147,134 | 110,459 | 90,399 | 83,780 | Upgrade
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| Accounts Payable | 2,783 | 1,330 | 1,148 | 736.03 | 830.95 | Upgrade
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| Accrued Expenses | 1,177 | 1,823 | 1,930 | 1,692 | 1,527 | Upgrade
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| Insurance & Annuity Liabilities | 39,592 | 21,600 | 16,957 | 27,252 | 24.65 | Upgrade
|
| Unpaid Claims | 12,459 | 25,411 | 15,809 | - | 14,736 | Upgrade
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| Unearned Premiums | 831.18 | 2,589 | 1,705 | 1,363 | 9,936 | Upgrade
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| Reinsurance Payable | 5,520 | 2,148 | 1,606 | 1,219 | 791.8 | Upgrade
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| Current Portion of Long-Term Debt | - | - | - | - | 1,937 | Upgrade
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| Current Income Taxes Payable | 2,337 | 781.52 | 865.92 | 769.87 | 485.12 | Upgrade
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| Long-Term Debt | 400.87 | 400.87 | 400.87 | 400.87 | 400.87 | Upgrade
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| Long-Term Deferred Tax Liabilities | 659.3 | 652.91 | 3,663 | 1,443 | 1,365 | Upgrade
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| Other Current Liabilities | 18,838 | 16,854 | 16,208 | 18,269 | 14,613 | Upgrade
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| Other Long-Term Liabilities | 20,129 | 18,723 | 20,109 | 18,059 | 17,144 | Upgrade
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| Total Liabilities | 105,140 | 92,348 | 80,458 | 71,456 | 63,904 | Upgrade
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| Common Stock | 10,031 | 10,031 | 10,031 | 10,031 | 10,031 | Upgrade
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| Additional Paid-In Capital | 276.49 | 276.49 | 276.49 | 276.49 | 276.49 | Upgrade
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| Retained Earnings | 41,257 | 23,036 | 10,149 | 4,479 | 5,590 | Upgrade
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| Treasury Stock | -0.25 | -0.25 | -0.25 | -0.25 | -0.25 | Upgrade
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| Comprehensive Income & Other | 14,073 | 16,928 | 7,122 | 3,411 | 2,511 | Upgrade
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| Total Common Equity | 65,638 | 50,271 | 27,579 | 18,197 | 18,409 | Upgrade
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| Minority Interest | 3,544 | 4,514 | 2,422 | 745.86 | 1,467 | Upgrade
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| Shareholders' Equity | 69,182 | 54,786 | 30,001 | 18,943 | 19,876 | Upgrade
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| Total Liabilities & Equity | 174,321 | 147,134 | 110,459 | 90,399 | 83,780 | Upgrade
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| Filing Date Shares Outstanding | 20,061 | 20,061 | 20,061 | 20,061 | 20,061 | Upgrade
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| Total Common Shares Outstanding | 20,061 | 20,061 | 20,061 | 20,061 | 20,061 | Upgrade
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| Total Debt | 400.87 | 400.87 | 400.87 | 400.87 | 2,338 | Upgrade
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| Net Cash (Debt) | 38,975 | 48,764 | 33,201 | 18,350 | 11,826 | Upgrade
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| Net Cash Growth | -20.07% | 46.88% | 80.93% | 55.16% | 57.05% | Upgrade
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| Net Cash Per Share | 1.94 | 2.43 | 1.65 | 0.91 | 0.76 | Upgrade
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| Book Value Per Share | 3.27 | 2.51 | 1.37 | 0.91 | 0.92 | Upgrade
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| Tangible Book Value | 64,784 | 49,374 | 26,889 | 17,814 | 18,075 | Upgrade
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| Tangible Book Value Per Share | 3.23 | 2.46 | 1.34 | 0.89 | 0.90 | Upgrade
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| Land | 1,375 | 1,375 | 1,375 | 1,375 | 414.54 | Upgrade
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| Buildings | 6,249 | 6,110 | 4,132 | 2,865 | 2,813 | Upgrade
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| Machinery | 6,931 | 6,483 | 4,949 | 3,946 | 3,734 | Upgrade
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| Leasehold Improvements | 793.17 | 754.27 | 740.87 | 729.87 | 1,799 | Upgrade
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Source: S&P Capital IQ. Insurance template. Financial Sources.