Legal & General Group Balance Sheet

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

Millions GBP. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Investments in Debt Securities	7,973	8,965	8,032	7,845	296,930
Investments in Equity & Preferred Securities	510	872	616	554	213,424
Policy Loans	-	-	-	-	30
Other Investments	1,857	1,922	2,022	479	-
Total Investments	533,722	506,119	480,877	456,368	520,534
Cash & Equivalents	17,098	16,657	20,513	35,784	16,487
Reinsurance Recoverable	8,840	9,165	7,306	4,713	7,264
Other Receivables	5,637	7,843	7,540	10,905	17,827
Deferred Policy Acquisition Cost	-	-	-	-	26
Property, Plant & Equipment	332	395	433	326	316
Goodwill	54	30	73	71	68
Other Intangible Assets	341	450	477	441	365
Other Current Assets	13,687	948	2,352	2,472	19,125
Long-Term Deferred Tax Assets	1,588	1,741	1,714	1,440	2
Other Long-Term Assets	969	819	810	750	624
Total Assets	582,268	544,167	522,095	513,270	582,638
Accrued Expenses	506	597	508	517	454
Insurance & Annuity Liabilities	93,946	95,648	91,446	78,214	89,825
Reinsurance Payable	2	170	220	52	-
Current Portion of Long-Term Debt	-	-	-	-	101
Current Portion of Leases	22	28	30	29	35
Short-Term Debt	52,367	64,153	59,428	69,525	57,376
Current Income Taxes Payable	161	118	77	69	84
Long-Term Debt	4,834	7,640	6,059	5,504	5,037
Long-Term Leases	53	118	144	148	174
Long-Term Deferred Tax Liabilities	89	197	107	206	251
Other Current Liabilities	73,188	53,639	45,795	49,860	50,206
Other Long-Term Liabilities	354,778	318,336	313,454	302,982	367,101
Total Liabilities	579,956	540,656	517,311	507,737	571,695
Common Stock	142	147	149	149	149
Additional Paid-In Capital	1,052	1,036	1,030	1,018	1,012
Retained Earnings	517	1,714	2,973	3,707	9,228
Treasury Stock	-163	-163	-147	-144	-99
Comprehensive Income & Other	735	814	821	832	691
Total Common Equity	2,283	3,548	4,826	5,562	10,981
Minority Interest	29	-37	-42	-29	-38
Shareholders' Equity	2,312	3,511	4,784	5,533	10,943
Total Liabilities & Equity	582,268	544,167	522,095	513,270	582,638
Filing Date Shares Outstanding	5,628	5,824	5,917	5,912	5,928
Total Common Shares Outstanding	5,628	5,824	5,917	5,912	5,928
Total Debt	57,276	71,939	65,661	75,206	62,723
Net Cash (Debt)	-40,178	-55,282	-45,148	-39,422	-46,236
Net Cash Per Share	-6.61	-9.29	-7.19	-6.28	-7.34
Book Value Per Share	0.32	0.52	0.73	0.86	1.77
Tangible Book Value	1,888	3,068	4,276	5,050	10,548
Tangible Book Value Per Share	0.25	0.44	0.64	0.77	1.70

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