Talanx AG (ETR:TLX)

Talanx AG Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Investments in Debt Securities	121,691	116,611	117,137	107,765	101,591	107,987
Investments in Equity & Preferred Securities	2,753	2,487	2,235	4,877	4,477	6,612
Policy Loans	-	-	-	-	-	101
Other Investments	3	-	1	1	-	5,452
Total Investments	150,974	143,759	143,604	134,610	126,357	125,893
Cash & Equivalents	4,358	5,260	5,167	5,102	3,592	4,002
Reinsurance Recoverable	7,661	7,548	7,721	7,074	7,492	16,126
Other Receivables	1,012	3,005	3,496	2,773	3,108	16,258
Deferred Policy Acquisition Cost	-	-	-	-	-	6,020
Separate Account Assets	16,192	14,839	14,138	12,478	11,266	13,687
Property, Plant & Equipment	-	877	933	1,003	1,018	1,006
Goodwill	1,632	1,578	1,592	1,611	1,020	1,028
Other Intangible Assets	647	668	693	782	452	889
Other Current Assets	499	877	766	727	1,408	859
Long-Term Deferred Tax Assets	1,169	1,093	1,206	1,358	1,224	611
Other Long-Term Assets	5,039	1,310	1,103	1,007	1,542	11,145
Total Assets	189,183	180,814	180,419	168,525	158,479	197,524

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	-	179	124	132	97	205
Accrued Expenses	-	1,199	1,080	780	639	1,438
Insurance & Annuity Liabilities	143,751	137,316	139,315	130,264	122,606	127,859
Unearned Premiums	-	-	-	-	-	12,154
Reinsurance Payable	428	671	714	737	564	7,417
Current Portion of Long-Term Debt	-	1,438	86	290	837	34
Current Portion of Leases	-	83	90	82	78	75
Current Income Taxes Payable	1,573	907	995	513	349	299
Long-Term Debt	8,898	6,461	8,282	8,367	8,230	7,157
Long-Term Leases	-	284	329	366	388	387
Long-Term Deferred Tax Liabilities	2,478	2,411	2,014	2,271	2,296	2,513
Separate Account Liability	-	-	-	-	-	13,687
Other Current Liabilities	31	3,172	3,003	3,071	2,981	805
Other Long-Term Liabilities	8,449	4,057	4,058	2,982	3,261	3,240
Total Liabilities	167,134	159,917	161,924	151,731	144,147	179,579

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	323	323	323	323	317	316
Retained Earnings	12,926	12,350	10,350	9,049	7,998	8,709
Comprehensive Income & Other	1,166	795	988	1,075	325	1,751
Total Common Equity	14,415	13,468	11,661	10,447	8,640	10,776
Minority Interest	7,634	7,429	6,834	6,347	5,692	7,169
Shareholders' Equity	22,049	20,897	18,495	16,794	14,332	17,945
Total Liabilities & Equity	189,183	180,814	180,419	168,525	158,479	197,524

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Filing Date Shares Outstanding	258.23	258.13	258.08	258.06	253.35	253.1
Total Common Shares Outstanding	258.23	258.13	258.08	258.06	253.35	253.1
Total Debt	8,898	8,266	8,787	9,105	9,533	7,653
Net Cash (Debt)	-4,540	-3,006	-3,620	-4,003	-5,941	-3,651
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-17.58	-11.64	-14.02	-15.72	-23.47	-14.44
Book Value Per Share	55.82	52.17	45.18	40.48	34.10	42.58
Tangible Book Value	12,136	11,222	9,376	8,054	7,168	8,859
Tangible Book Value Per Share	47.00	43.47	36.33	31.21	28.29	35.00
Machinery	-	510	632	615	521	472

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 25, 2026

Data Sources Report a data error