Sanlam Limited (JSE:SLM)

Sanlam Balance Sheet

Financials in millions ZAR. 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	368,212	428,981	347,804	249,372	244,635	271,840
Investments in Equity & Preferred Securities	254,587	49,466	48,755	44,473	21,198	22,755
Other Investments	485,202	426,396	376,631	366,166	298,007	310,527
Total Investments	1,143,529	1,166,578	1,009,418	854,812	774,086	815,060
Cash & Equivalents	41,467	57,487	54,051	27,237	54,925	42,081
Reinsurance Recoverable	11,281	10,650	11,233	14,530	18,680	27,175
Other Receivables	43,825	35,394	27,760	30,446	24,664	35,577
Deferred Policy Acquisition Cost	2,765	2,772	2,768	2,822	3,150	3,225
Property, Plant & Equipment	3,173	3,925	3,997	3,739	2,812	5,793
Goodwill	6,566	6,610	6,703	6,906	5,001	16,431
Other Intangible Assets	1,755	2,466	4,366	3,331	945	746
Restricted Cash	-	-	-	-	626	4,847
Other Current Assets	1,952	2,873	6,837	47,213	111,635	97,371
Long-Term Deferred Tax Assets	665	695	1,409	1,619	1,630	3,154
Other Long-Term Assets	4,057	6,248	5,002	4,065	-	4,718
Total Assets	1,261,035	1,295,698	1,133,544	996,720	998,154	1,056,178

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	72,956	67,901	59,638	56,096	45,375	29,893
Accrued Expenses	-	169	92	402	690	996
Insurance & Annuity Liabilities	952,136	924,473	787,559	681,875	647,049	650,425
Unpaid Claims	-	16	16	16	16	41,532
Unearned Premiums	-	-	-	-	-	18,324
Reinsurance Payable	4,730	4,903	5,185	5,686	4,171	5,079
Current Portion of Long-Term Debt	-	6,059	8,636	5,941	5,627	3,605
Current Portion of Leases	-	438	516	378	341	506
Short-Term Debt	-	1	4	137	16	1,153
Current Income Taxes Payable	2,073	1,777	3,180	1,938	1,963	2,556
Long-Term Debt	19,984	12,519	11,133	8,995	9,027	11,511
Long-Term Leases	1,564	1,082	1,169	1,141	1,030	1,318
Long-Term Deferred Tax Liabilities	10,189	9,174	8,925	8,768	6,601	7,311
Other Current Liabilities	88	14,310	5,756	43,381	79,285	102,894
Other Long-Term Liabilities	83,726	141,353	131,579	85,061	98,004	95,576
Total Liabilities	1,147,446	1,184,176	1,023,389	899,815	899,196	973,282

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	21	21	21	22	22	22
Additional Paid-In Capital	12,505	12,505	12,505	13,011	12,762	12,762
Retained Earnings	85,096	82,587	77,779	71,148	69,708	53,756
Treasury Stock	-2,192	-1,860	-1,872	-6,658	-2,888	-1,671
Comprehensive Income & Other	7,641	8,408	12,528	11,007	4,973	4,510
Total Common Equity	103,071	101,661	100,961	88,530	84,577	69,379
Minority Interest	10,518	9,861	9,194	8,375	14,381	13,517
Shareholders' Equity	113,589	111,522	110,155	96,905	98,958	82,896
Total Liabilities & Equity	1,261,035	1,295,698	1,133,544	996,720	998,154	1,056,178

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	2,090	2,090	2,088	2,061	2,043	2,050
Total Common Shares Outstanding	2,090	2,090	2,088	2,061	2,043	2,050
Total Debt	21,548	20,099	21,458	16,592	16,041	18,093
Net Cash (Debt)	19,919	37,388	32,593	10,645	38,884	23,988
Net Cash Growth	10.48%	14.71%	206.18%	-72.62%	62.10%	-33.15%
Net Cash Per Share	9.42	17.69	15.44	5.10	18.71	11.49
Book Value Per Share	49.32	48.65	48.36	42.96	41.40	33.85
Tangible Book Value	94,750	92,585	89,892	78,293	78,631	52,202
Tangible Book Value Per Share	45.33	44.31	43.06	38.00	38.49	25.47
Machinery	-	4,502	4,719	4,601	3,707	4,878

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 six months for this company.

Update frequency:

Semi-annually

Last checked:

Sep 28, 2026

Data Sources Report a data error