Erie Indemnity Company Balance Sheet

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

Millions USD. 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
Cash & Equivalents	540.55	274.84	131.51	142.09	183.7	161.24
Short-Term Investments	59.83	44.6	82.02	24.27	38.4	17.72
Cash & Short-Term Investments	600.38	319.44	213.53	166.36	222.1	178.96
Cash Growth	143.82%	49.60%	28.36%	-25.10%	24.11%	-51.88%
Accounts Receivable	791.41	718.13	634.8	533.24	485.43	500.78
Receivables	805.8	718.13	702.58	602.71	485.43	500.78
Prepaid Expenses	59.39	83.9	1.53	9.73	56.21	52.56
Restricted Cash	28	23.56	12.54	-	-	-
Total Current Assets	1,498	1,145	930.19	778.8	763.73	732.3
Property, Plant & Equipment	557.61	513.49	442.61	413.87	374.8	265.34
Long-Term Investments	1,029	1,082	963.48	942.95	995.43	1,005
Long-Term Deferred Tax Assets	-	-	-	-	0.15	12.34
Other Long-Term Assets	144.72	59.04	69.95	43.3	49.27	40.08
Total Assets	3,324	2,889	2,472	2,239	2,242	2,117
Accounts Payable	200	185.07	170.89	163.19	136.29	149.95
Accrued Expenses	531.73	503.6	437.5	409.95	405.85	390.57
Short-Term Debt	54.33	7.51	-	-	-	-
Current Portion of Long-Term Debt	-	-	-	-	2.1	2.03
Current Unearned Revenue	47.95	42.76	41.21	36.55	34.94	36.92
Other Current Liabilities	63.57	63.57	59.38	55.42	51.69	48.2
Total Current Liabilities	897.57	802.51	708.98	665.11	630.86	627.67
Long-Term Debt	-	-	-	-	91.73	93.83
Long-Term Unearned Revenue	23.36	21.17	19.91	17.9	17.69	18.88
Pension & Post-Retirement Benefits	31.07	28.07	26.26	51.22	130.38	164.35
Long-Term Deferred Tax Liabilities	19.78	6.42	11.48	14.08	-	-
Other Long-Term Liabilities	43.68	43.19	42.5	42.74	28.91	24.35
Total Liabilities	1,015	901.36	809.13	791.05	899.58	929.07
Common Stock	2.17	2.17	2.17	2.17	2.17	2.17
Additional Paid-In Capital	16.49	16.47	16.47	16.48	16.5	16.49
Retained Earnings	3,468	3,162	2,804	2,583	2,495	2,394
Treasury Stock	-1,171	-1,169	-1,169	-1,169	-1,168	-1,164
Comprehensive Income & Other	-6.64	-24.61	9.68	15.45	-3.55	-60.56
Total Common Equity	2,309	1,987	1,663	1,448	1,342	1,188
Shareholders' Equity	2,309	1,987	1,663	1,448	1,342	1,188
Total Liabilities & Equity	3,324	2,889	2,472	2,239	2,242	2,117
Total Debt	54.33	7.51	-	-	93.83	95.86
Net Cash (Debt)	546.06	311.93	213.53	166.36	128.27	83.09
Net Cash Growth	129.11%	46.08%	28.36%	29.70%	54.37%	-67.05%
Net Cash Per Share	10.44	5.96	4.08	3.18	2.45	1.59
Filing Date Shares Outstanding	52.29	52.29	52.29	52.29	52.29	52.29
Total Common Shares Outstanding	52.29	52.29	52.29	52.29	52.29	52.29
Working Capital	600.33	342.52	221.21	113.69	132.87	104.63
Book Value Per Share	44.16	38.00	31.80	27.70	25.67	22.72
Tangible Book Value	2,309	1,987	1,663	1,448	1,342	1,188
Tangible Book Value Per Share	44.16	38.00	31.80	27.70	25.67	22.72
Land	-	233.65	216.58	213.26	211.62	121.33
Machinery	-	75.07	68.39	65.22	63.99	58.42
Construction In Progress	-	127.92	87.27	63.32	34.57	47.28
Leasehold Improvements	-	1.38	1.38	1.39	1.34	1.31

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