The Hanover Insurance Group, Inc. (FRA:AF4)

FRA:AF4 Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Debt Securities	9,499	8,542	7,985	7,482	7,724	7,454
Investments in Equity & Preferred Securities	183.2	157.7	130.9	241.9	661.3	598.5
Other Investments	428.8	405	425.5	397.5	333.4	325.6
Total Investments	10,367	9,410	8,913	8,510	9,153	8,846
Cash & Equivalents	915.7	435.5	316.1	305	230.9	120.6
Reinsurance Recoverable	1,975	1,995	2,056	1,965	1,907	1,874
Other Receivables	2,004	1,871	1,764	1,656	1,519	1,391
Deferred Policy Acquisition Cost	708.3	662.8	620.8	604.8	552	477.5
Goodwill	178.8	178.8	178.8	178.8	178.8	178.8
Other Current Assets	91.5	85.7	86.6	84.1	107.1	110.2
Long-Term Deferred Tax Assets	94.1	174.2	173.3	199.2	-	-
Other Long-Term Assets	439.2	462.6	504	493	606.3	445.7
Total Assets	16,774	15,275	14,613	13,995	14,254	13,444
Accrued Expenses	702.5	757.8	775.9	731.7	907.7	687.5
Unpaid Claims	7,707	7,461	7,308	7,013	6,448	6,024
Unearned Premiums	3,509	3,283	3,103	2,954	2,735	2,483
Reinsurance Payable	41.7	37.7	64.3	70.3	55.1	48.4
Current Portion of Long-Term Debt	436.8	61.8	-	-	-	-
Long-Term Debt	843	722.3	783.2	782.4	781.6	780.8
Long-Term Deferred Tax Liabilities	-	-	-	-	60.8	97.3
Other Current Liabilities	108.9	108.6	113	110.2	121.7	120.8
Total Liabilities	13,348	12,433	12,147	11,661	11,109	10,242
Common Stock	0.6	0.6	0.6	0.6	0.6	0.6
Additional Paid-In Capital	2,005	1,974	1,939	1,913	1,887	1,857
Retained Earnings	3,577	3,210	2,909	2,993	2,983	2,668
Treasury Stock	-1,958	-1,886	-1,866	-1,871	-1,848	-1,696
Comprehensive Income & Other	-198.3	-456.3	-517.2	-701.5	122.2	372.5
Shareholders' Equity	3,426	2,842	2,466	2,334	3,145	3,202
Total Liabilities & Equity	16,774	15,275	14,613	13,995	14,254	13,444
Filing Date Shares Outstanding	35.58	35.93	35.82	35.6	35.48	36.39
Total Common Shares Outstanding	35.7	35.9	35.8	35.6	35.5	36.4
Total Debt	1,280	784.1	783.2	782.4	781.6	780.8
Net Cash (Debt)	-364.1	-348.6	-467.1	-477.4	-550.7	-660.2
Net Cash Per Share	-9.98	-9.58	-12.94	-13.22	-15.13	-17.33
Book Value Per Share	95.97	79.16	68.87	65.55	88.59	87.97
Tangible Book Value	3,248	2,663	2,287	2,155	2,966	3,023
Tangible Book Value Per Share	90.97	74.18	63.88	60.53	83.55	83.06

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