BSM:BIHL Balance Sheet

Financials in millions BWP. Fiscal year is January - December.

Millions BWP. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
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
Investments in Equity & Preferred Securities	3,880	1,457	1,758	1,910	1,973
Other Investments	15,411	-	-	-	-
Total Investments	19,746	19,527	18,962	15,070	14,549
Cash & Equivalents	804.53	210.44	170.58	400.71	137.42
Reinsurance Recoverable	11.26	16.86	17.87	10.27	10.86
Other Receivables	137.9	352.37	588.4	740.2	312.68
Property, Plant & Equipment	187.05	183.64	181.93	187.87	191.34
Goodwill	62.99	-	-	62.99	62.99
Other Intangible Assets	25.6	89.78	97.25	38.21	44.08
Other Current Assets	-	-	-	2,364	2,819
Long-Term Deferred Tax Assets	7.96	-	-	-	-
Total Assets	20,984	20,380	20,018	18,875	18,127
Accounts Payable	295.68	-	-	-	-
Accrued Expenses	-	-	-	398.12	186.76
Insurance & Annuity Liabilities	8,010	8,397	7,962	7,468	10,444
Unpaid Claims	-	-	-	82.93	264.05
Unearned Premiums	-	-	-	-	91.21
Reinsurance Payable	66.26	87.03	54.22	55.76	16.94
Current Portion of Leases	-	-	-	6.72	4.44
Short-Term Debt	148.21	60.23	-	-	-
Current Income Taxes Payable	113.99	0.4	18.62	26.25	3.44
Long-Term Leases	21.04	14.78	12.71	9.49	4.8
Long-Term Deferred Tax Liabilities	2.03	101.92	141.91	73.55	23.78
Separate Account Liability	5,306	4,617	4,505	3,619	3,635
Other Current Liabilities	116.99	44.28	25.43	230.57	101.59
Other Long-Term Liabilities	3,643	3,966	3,661	3,108	-
Total Liabilities	17,723	17,288	16,380	15,079	14,776
Common Stock	204.94	204.94	204.94	154.94	154.94
Retained Earnings	2,864	2,719	3,303	3,716	3,264
Treasury Stock	-	-	-	-71.66	-71.66
Comprehensive Income & Other	183.55	157.46	106.38	-26.08	-14.53
Total Common Equity	3,252	3,082	3,614	3,773	3,332
Minority Interest	8.48	10.5	23.75	22.43	18.73
Shareholders' Equity	3,261	3,092	3,638	3,795	3,351
Total Liabilities & Equity	20,984	20,380	20,018	18,875	18,127
Filing Date Shares Outstanding	286.85	284.87	284.87	282.37	282.37
Total Common Shares Outstanding	286.85	284.87	284.87	282.37	282.37
Total Debt	169.24	75.01	12.71	16.21	9.23
Net Cash (Debt)	635.29	135.44	157.88	384.5	128.18
Net Cash Growth	369.07%	-14.21%	-58.94%	199.96%	-42.46%
Net Cash Per Share	2.22	0.48	0.55	1.37	0.46
Book Value Per Share	11.34	10.82	12.69	13.36	11.80
Tangible Book Value	3,164	2,992	3,517	3,672	3,225
Tangible Book Value Per Share	11.03	10.50	12.35	13.00	11.42
Machinery	-	-	-	82.52	82.93
Leasehold Improvements	-	-	-	66.84	63.33

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.