AXA SA Balance Sheet

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

Millions EUR. 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
Debt Securities	401,800	418,195	406,932	389,586	486,564
Equity and Preferred Securities	97,225	90,095	-	-	86,315
Other Investments	45,945	49,179	135,045	128,224	50,685
Total Investments	544,970	557,469	541,977	517,810	623,564
Cash & Equivalents	22,249	18,988	25,384	26,167	25,051
Reinsurance Contract Assets	23,934	26,086	25,222	24,382	36,970
Deferred Acquisition Costs	-	-	-	-	17,825
Other Receivables	10,692	10,721	12,603	11,648	38,323
Net Property, Plant & Equipment	2,147	2,212	2,095	2,231	2,443
Other Intangible Assets	4,410	4,423	4,630	4,720	5,216
Goodwill	17,799	18,141	17,855	17,754	17,167
Other Assets	9,338	15,724	14,620	33,647	8,933
Total Assets	635,539	653,762	644,385	638,357	775,491
Claims Reserves	483,215	489,609	481,141	877,070	559,750
Reinsurance Contract Liabilities	7	6	8	5	-
Accounts Payable	60,710	67,239	65,688	65,988	92,719
Accrued Expenses	1,606	1,291	1,279	1,312	-
Total Debt	28,369	25,609	24,451	25,810	21,698
Other Liabilities	48,988	55,564	72,130	97,014	47,063
Total Liabilities	622,895	639,318	644,697	1,067,200	721,230
Common Stock	-	-	-	-	25,354
Accumulated Other Comprehensive Income	-	-	-	-	38,487
Retained Earnings	9,797	7,886	7,189	5,061	7,294
Total Common Shareholders' Equity	47,171	49,943	49,579	46,072	71,135
Minority Interest	5,986	10,680	10,412	9,418	11,844
Shareholders' Equity	49,557	52,478	52,398	49,090	75,229
Total Liabilities & Equity	635,539	653,762	644,385	638,357	775,491
Book Value	47,171	49,943	49,579	46,072	71,135
Book Value Per Share	22.21	22.73	22.15	20.06	29.79
Tangible Book Value	24,962	27,379	27,094	23,598	48,752
Tangible Book Value Per Share	11.75	12.46	12.11	10.27	20.42