FWD Group Holdings Limited (HKG:1828)

FWD Group Holdings Balance Sheet

Financials in millions USD. 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	31,408	29,029	30,815	37,156	37,839
Investments in Equity & Preferred Securities	438	383	407	332	307
Policy Loans	-	-	-	793	856
Other Investments	9,551	9,073	8,506	202	171
Total Investments	43,735	41,632	42,510	47,467	45,653
Cash & Equivalents	1,687	2,008	1,474	2,652	2,730
Reinsurance Recoverable	2,696	2,876	725	3,404	3,232
Other Receivables	1,163	1,425	1,201	816	1,147
Deferred Policy Acquisition Cost	-	-	-	4,010	3,738
Property, Plant & Equipment	139	146	139	159	194
Goodwill	1,507	1,535	1,529	1,560	1,615
Other Intangible Assets	1,578	1,619	1,678	1,788	1,916
Restricted Cash	95	59	15	11	50
Other Current Assets	936	1,053	1,081	1,039	1,405
Long-Term Deferred Tax Assets	176	321	238	9	5
Other Long-Term Assets	-	-	-	738	865
Total Assets	53,712	52,674	50,590	63,653	62,550
Accounts Payable	732	632	853	1,380	1,376
Insurance & Annuity Liabilities	41,646	40,073	37,019	44,598	43,024
Reinsurance Payable	366	304	463	358	385
Current Portion of Long-Term Debt	996	1,222	-	-	12
Current Portion of Leases	40	54	49	29	66
Short-Term Debt	226	174	396	191	429
Current Income Taxes Payable	147	425	385	22	51
Long-Term Debt	1,797	1,309	2,216	2,212	3,457
Long-Term Leases	66	68	64	99	79
Long-Term Deferred Tax Liabilities	172	136	269	341	578
Other Current Liabilities	256	242	51	161	604
Other Long-Term Liabilities	454	403	336	1,932	2,107
Total Liabilities	46,898	45,042	42,101	54,706	54,325
Common Stock	12	12	9	8	19
Additional Paid-In Capital	8,998	8,998	6,402	6,011	4,026
Retained Earnings	-2,139	-1,956	-438	-283	-390
Comprehensive Income & Other	-118	528	798	1,518	2,850
Total Common Equity	6,753	7,582	6,771	7,254	6,505
Minority Interest	61	50	1,718	1,693	1,720
Shareholders' Equity	6,814	7,632	8,489	8,947	8,225
Total Liabilities & Equity	53,712	52,674	50,590	63,653	62,550
Filing Date Shares Outstanding	939.95	939.95	939.95	876.16	648.89
Total Common Shares Outstanding	939.95	939.95	939.95	876.16	1,949
Total Debt	3,125	2,827	2,725	2,531	4,043
Net Cash (Debt)	-1,438	-819	-1,251	121	-1,313
Net Cash Per Share	-1.53	-0.87	-1.33	0.14	-0.67
Book Value Per Share	6.40	6.63	5.76	6.45	2.51
Tangible Book Value	3,668	4,428	3,564	3,906	2,974
Tangible Book Value Per Share	3.11	3.28	2.35	2.62	0.70
Machinery	90	93	92	89	90
Leasehold Improvements	69	59	59	69	70

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