CIG Pannonia Life Insurance OJSC (FRA:0CKA) Scaled Net Operating Assets : 0.14 (As of Sep. 2024)

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What is CIG Pannonia Life Insurance OJSC Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

CIG Pannonia Life Insurance OJSC's operating assets for the quarter that ended in Sep. 2024 was €408.92 Mil. CIG Pannonia Life Insurance OJSC's operating liabilities for the quarter that ended in Sep. 2024 was €355.55 Mil. CIG Pannonia Life Insurance OJSC's Total Assets for the quarter that ended in Jun. 2024 was €386.06 Mil. Therefore, CIG Pannonia Life Insurance OJSC's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.14.

CIG Pannonia Life Insurance OJSC Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

CIG Pannonia Life Insurance OJSC's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2023 )
=	(Operating Assets (A: Dec. 2023 )	-	Operating Liabilities (A: Dec. 2023 ))	/	Total Assets (A: Dec. 2022 )
=	(343.019	-	291.998)	/	301.334
=	0.17

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	349.05	-	6.031
=	343.019

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	292.758	-	0.76	-	0
=	291.998

CIG Pannonia Life Insurance OJSC's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Sep. 2024 )
=	(Operating Assets (Q: Sep. 2024 )	-	Operating Liabilities (Q: Sep. 2024 ))	/	Total Assets (Q: Jun. 2024 )
=	(408.921	-	355.549)	/	386.059
=	0.14

where

	Operating Assets		(Q: Sep. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	413.886	-	4.965
=	408.921

	Operating Liabilities		(Q: Sep. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	356.086	-	0.537	-	0
=	355.549

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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CIG Pannonia Life Insurance OJSC Business Description

Industry

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Traded in Other Exchanges

CIGPANNONIA:Hungary

Address

11 Konyves Kalman Korut, Building B, Nepliget Center Business Center, Budapest, HUN, 1097

Website

https://www.cigpannonia.hu

CIG Pannonia Life Insurance OJSC is an insurance company. The company mainly sells various insurance products including unit-linked life insurance, term life insurance, endowment insurance, health insurance, casco, freight liability and suretyship insurance and also offers investment fund management and portfolio management. The company carries its activities in Hungary, Romania, Slovakia, and Italy. In addition, the company sells riders and non-life insurance products.