VOYAGER FINANCIAL STATEMENTS AS OF 06.30.24
VOYAGER CAPTIVE PROGRAM BALANCE SHEETS (Unaudited)
June 30,
November 30,
June 30,
12 month % Change
2024
2023
2023
ASSETS
Loss fund balance Cash collateral balance Non working deposits Premium receivable Assessments receivable
$
37,374,819 24,726,275 4,130,157 12,542,810 351,152 2,818,757
$
34,070,203 23,415,029 3,898,186 4,328,706 797,651 1,942,221
$
40,666,295 -8.09% 24,983,433 -1.03%
3,974,207
3.92%
12,718,403 -1.38%
238,311 2,602,197
47.35% 8.32%
Deferred assessments receivable
Total assets
81,943,970
68,451,996
$
85,182,846 -3.80%
LIABILITIES AND PROGRAM EQUITY Liabilities Unpaid loss and loss adjustment expenses
$
11,548,623 9,927,424 13,212,370
$
11,300,624 9,700,414 5,212,315
$
11,963,241 -3.47%
Incurred but not reported losses
9,565,703
3.78%
Unearned premiums
13,940,889 -5.23%
Total liabilities
34,688,417
26,213,353
35,469,833 -2.20%
Program equity Paid-in capital
25,614,950 21,640,603
24,741,067 17,497,576
25,833,877 -0.85% 23,879,136 -9.37% 0.00% 49,713,013 -4.94%
Retained earnings (accumulated deficit)
Total program equity
47,255,553
42,238,643
Total liabilities and program equity
81,943,970
68,451,996
$
85,182,846 -3.80%
20
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