iA Financial Corporation Balance Sheet

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Investments in Debt Securities	32,074	32,690	29,940	26,117	32,893	32,099
Investments in Equity & Preferred Securities	4,713	3,873	3,260	3,724	3,525	3,067
Policy Loans	-	-	-	-	1,040	881
Other Investments	1,673	1,509	981	867	938	802
Total Investments	41,507	41,118	37,950	34,753	42,653	41,566
Cash & Equivalents	2,324	1,566	1,379	1,358	1,546	1,949
Reinsurance Recoverable	3,330	3,382	2,312	2,048	2,404	2,115
Other Receivables	2,365	4,743	4,374	4,038	2,954	2,650
Separate Account Assets	61,056	52,575	41,837	37,334	39,577	32,804
Property, Plant & Equipment	260	317	320	337	369	390
Goodwill	1,507	1,490	1,318	1,318	1,267	1,224
Other Intangible Assets	1,952	1,964	1,847	1,784	1,708	1,621
Other Current Assets	710	1,963	2,046	1,291	1,464	1,661
Long-Term Deferred Tax Assets	672	459	270	112	27	38
Long-Term Deferred Charges	-	46	49	46	598	441
Other Long-Term Assets	4,206	238	144	9	92	7
Total Assets	119,889	109,861	93,846	84,428	94,659	86,466
Accounts Payable	-	1,360	1,381	1,077	1,669	1,316
Insurance & Annuity Liabilities	37,504	40,287	37,047	31,613	37,226	37,193
Unpaid Claims	-	2,959	2,633	2,422	-	-
Unearned Premiums	-	-	-	-	2,690	2,096
Reinsurance Payable	-	-	8	233	293	204
Current Portion of Long-Term Debt	2	485	175	193	635	205
Current Portion of Leases	-	21	19	20	21	22
Short-Term Debt	1,318	1,599	565	1,264	214	162
Current Income Taxes Payable	-	65	200	115	126	96
Long-Term Debt	1,541	1,500	1,586	1,763	1,658	2,296
Long-Term Leases	-	80	88	90	102	119
Long-Term Deferred Tax Liabilities	352	327	319	362	441	382
Separate Account Liability	61,056	52,575	41,837	37,334	39,577	32,804
Other Current Liabilities	763	696	561	466	2,465	2,463
Other Long-Term Liabilities	9,041	237	189	177	69	215
Total Liabilities	111,577	102,394	86,808	77,301	87,414	79,953
Common Stock	1,518	1,524	1,603	1,675	1,706	1,674
Additional Paid-In Capital	16	16	17	17	17	20
Retained Earnings	5,753	5,253	5,060	4,889	4,963	4,170
Comprehensive Income & Other	25	74	-17	21	34	124
Total Common Equity	7,312	6,867	6,663	6,602	6,720	5,988
Minority Interest	1,000	600	375	525	525	525
Shareholders' Equity	8,312	7,467	7,038	7,127	7,245	6,513
Total Liabilities & Equity	119,889	109,861	93,846	84,428	94,659	86,466
Filing Date Shares Outstanding	92.14	93.46	99.64	104.77	107.56	107.06
Total Common Shares Outstanding	92.32	93.46	99.64	104.77	107.56	107.06
Total Debt	2,861	3,685	2,433	3,330	2,630	2,804
Net Cash (Debt)	-537	-2,119	-1,054	-1,972	-1,084	-855
Net Cash Per Share	-5.73	-22.07	-10.23	-18.43	-10.04	-7.99
Book Value Per Share	79.20	73.48	66.87	63.01	62.48	55.93
Tangible Book Value	3,853	3,413	3,498	3,500	3,745	3,143
Tangible Book Value Per Share	41.73	36.52	35.11	33.41	34.82	29.36
Land	-	37	37	39	48	48

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.