Talanx AG (ETR:TLX)

Talanx AG Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Debt Securities	117,137	107,765	101,591	107,987	103,693
Investments in Equity & Preferred Securities	2,235	4,877	4,477	6,612	5,025
Policy Loans	-	-	-	101	107
Other Investments	1	1	-	5,452	4,657
Total Investments	143,604	134,610	126,357	125,893	117,525
Cash & Equivalents	5,167	5,102	3,592	4,002	3,477
Reinsurance Recoverable	7,721	7,074	7,492	16,126	13,359
Other Receivables	3,496	2,773	3,108	16,258	16,161
Deferred Policy Acquisition Cost	-	-	-	6,020	5,528
Separate Account Assets	14,138	12,478	11,266	13,687	11,619
Property, Plant & Equipment	933	1,003	1,018	1,006	1,001
Goodwill	1,592	1,611	1,020	1,028	1,040
Other Intangible Assets	693	782	452	889	839
Other Current Assets	766	727	1,408	859	299
Long-Term Deferred Tax Assets	1,206	1,358	1,224	611	323
Other Long-Term Assets	1,103	1,007	1,542	11,145	9,864
Total Assets	180,419	168,525	158,479	197,524	181,035
Accounts Payable	124	132	97	205	173
Accrued Expenses	1,080	780	639	1,438	1,259
Insurance & Annuity Liabilities	139,315	130,264	122,606	127,859	119,282
Unearned Premiums	-	-	-	12,154	10,538
Reinsurance Payable	714	737	564	7,417	6,487
Current Portion of Long-Term Debt	86	290	837	34	11
Current Portion of Leases	90	82	78	75	79
Current Income Taxes Payable	995	513	349	299	327
Long-Term Debt	8,282	8,367	8,230	7,157	5,741
Long-Term Leases	329	366	388	387	358
Long-Term Deferred Tax Liabilities	2,014	2,271	2,296	2,513	2,497
Separate Account Liability	-	-	-	13,687	11,619
Other Current Liabilities	3,003	3,071	2,981	805	128
Other Long-Term Liabilities	4,058	2,982	3,261	3,240	2,894
Total Liabilities	161,924	151,731	144,147	179,579	163,936
Common Stock	323	323	317	316	316
Retained Earnings	10,350	9,049	7,998	8,709	8,062
Comprehensive Income & Other	988	1,075	325	1,751	1,989
Total Common Equity	11,661	10,447	8,640	10,776	10,367
Minority Interest	6,834	6,347	5,692	7,169	6,732
Shareholders' Equity	18,495	16,794	14,332	17,945	17,099
Total Liabilities & Equity	180,419	168,525	158,479	197,524	181,035
Filing Date Shares Outstanding	258.08	258.06	253.35	253.1	252.8
Total Common Shares Outstanding	258.08	258.06	253.35	253.1	252.8
Total Debt	8,787	9,105	9,533	7,653	6,189
Net Cash (Debt)	-3,620	-4,003	-5,941	-3,651	-2,712
Net Cash Per Share	-14.02	-15.72	-23.47	-14.44	-10.73
Book Value Per Share	45.18	40.48	34.10	42.58	41.01
Tangible Book Value	9,376	8,054	7,168	8,859	8,488
Tangible Book Value Per Share	36.33	31.21	28.29	35.00	33.58
Machinery	632	615	521	472	476

Updated Mar 19, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.