Sun Life Financial Inc. (LON: 0VJA)

Sun Life Financial Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 29, 2024	Dec 30, 2023	Dec 30, 2022	Dec 30, 2021	Dec 30, 2020	Dec 30, 2019
Investments in Debt Securities	14,197	14,313	16,545	12,729	11,255	13,712
Investments in Equity & Preferred Securities	1,838	1,725	1,652	1,575	262	313
Policy Loans	-	-	-	3,261	3,265	3,218
Other Investments	5,598	12,364	11,259	8,776	5,312	5,201
Total Investments	129,692	120,938	121,188	139,848	131,989	122,557
Cash & Equivalents	10,389	11,170	9,378	7,826	10,654	6,715
Reinsurance Recoverable	5,978	5,794	6,115	3,683	3,843	4,024
Other Receivables	43,138	44,177	40,534	39,580	37,457	35,075
Deferred Policy Acquisition Cost	-	152	158	172	150	139
Separate Account Assets	145,072	128,452	125,292	139,996	125,921	116,973
Property, Plant & Equipment	-	1,451	1,360	1,307	1,394	1,400
Goodwill	9,108	8,969	8,705	6,517	6,072	5,832
Other Intangible Assets	5,071	5,174	4,724	3,370	2,477	2,083
Other Current Assets	1,724	2,901	2,480	1,047	1,076	669
Long-Term Deferred Tax Assets	4,099	3,878	3,466	1,848	1,634	1,455
Other Long-Term Assets	6,981	185	208	176	344	280
Total Assets	361,252	333,241	323,608	345,370	323,011	297,202
Accounts Payable	-	2,493	2,354	1,866	2,438	1,830
Accrued Expenses	-	4,433	4,002	4,265	3,723	3,251
Insurance & Annuity Liabilities	144,300	135,669	131,294	147,811	145,773	131,184
Reinsurance Payable	1,690	1,623	1,603	-	-	-
Current Portion of Long-Term Debt	-	2,405	2,339	441	638	-
Current Portion of Leases	-	188	168	151	157	-
Short-Term Debt	182	2,705	2,731	2,457	2,214	1,880
Long-Term Debt	12,212	12,892	13,464	11,207	7,634	8,630
Long-Term Leases	-	801	784	699	707	902
Long-Term Deferred Tax Liabilities	285	281	468	322	383	406
Separate Account Liability	145,072	128,452	125,292	139,996	125,921	116,973
Other Long-Term Liabilities	31,583	16,744	15,954	7,554	6,936	6,963
Total Liabilities	335,324	309,041	300,721	317,297	297,149	272,694
Preferred Stock, Redeemable	2,239	2,239	2,239	2,239	2,257	2,257
Common Stock	8,215	8,327	8,311	8,305	8,262	8,289
Additional Paid-In Capital	96	94	90	71	72	73
Retained Earnings	13,108	12,157	11,729	14,713	12,289	11,318
Comprehensive Income & Other	2,191	1,222	428	2,686	2,957	2,552
Total Common Equity	23,610	21,800	20,558	25,775	23,580	22,232
Minority Interest	79	161	90	59	25	19
Shareholders' Equity	25,928	24,200	22,887	28,073	25,862	24,508
Total Liabilities & Equity	361,252	333,241	323,608	345,370	323,011	297,202
Filing Date Shares Outstanding	576.5	584.63	586.4	586	585.13	587.9
Total Common Shares Outstanding	576.5	584.6	586.4	586	585.1	587.8
Total Debt	12,394	18,991	19,486	14,955	11,350	11,412
Net Cash (Debt)	-2,005	-7,821	-10,108	-7,129	-696	-4,697
Net Cash Per Share	-3.43	-13.28	-17.16	-12.08	-1.18	-7.87
Book Value Per Share	40.95	37.29	35.06	43.98	40.30	37.82
Tangible Book Value	9,431	7,657	7,129	15,888	15,031	14,317
Tangible Book Value Per Share	16.36	13.10	12.16	27.11	25.69	24.36

Source: S&P Capital IQ. Insurance template. Financial Sources.