M&G plc (LON: MNG)

M&G plc Balance Sheet

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Investments in Debt Securities	70,683	70,683	62,821	81,059	85,439	85,434
Investments in Equity & Preferred Securities	66,535	66,535	70,540	74,538	68,875	72,912
Policy Loans	1	1	2	2	2	2
Total Investments	154,502	154,502	151,764	179,516	177,750	181,861
Cash & Equivalents	5,590	5,590	4,884	6,908	6,776	6,046
Reinsurance Recoverable	1,099	1,099	1,082	1,669	11,761	11,958
Other Receivables	4,693	4,693	4,034	4,610	5,142	4,869
Gross Property, Plant & Equipment	2,851	2,851	2,592	3,107	2,419	1,824
Accumulated Depreciation	-786	-786	-639	-571	-353	-319
Net Property, Plant & Equipment	2,065	2,065	1,953	2,536	2,066	1,505
Goodwill	1,519	1,519	1,535	1,391	1,355	1,363
Other Intangible Assets	296	296	342	224	140	76
Other Current Assets	19,373	19,373	24,933	22,029	23,472	18,302
Deferred Long-Term Tax Assets	443	443	445	119	108	78
Other Long-Term Assets	19	19	155	38	58	81
Total Assets	189,622	189,622	191,158	219,134	228,726	226,243
Accounts Payable	3,943	3,943	4,607	3,836	2,169	2,907
Accrued Expenses	1,327	1,327	1,424	1,529	1,386	1,513
Insurance & Annuity Liabilities	142,135	142,135	141,976	63,379	76,836	78,672
Reinsurance Payable	357	357	348	299	344	231
Current Portion of Leases	29	29	35	25	22	32
Long-Term Leases	358	358	385	388	332	328
Current Income Taxes Payable	97	97	58	359	276	298
Other Current Liabilities	17,723	17,723	18,449	3,573	6,926	5,721
Deferred Long-Term Tax Liabilities	682	682	795	1,419	916	1,065
Other Long-Term Liabilities	10,452	10,452	11,185	129,885	125,394	122,709
Total Liabilities	185,538	185,538	186,847	213,789	223,141	221,112
Common Stock	119	119	119	130	130	130
Additional Paid-In Capital	379	379	370	370	370	370
Retained Earnings	15,223	15,223	15,504	16,550	16,853	16,342
Treasury Stock	-21	-21	-47	-1	-1	-1
Comprensive Income & Other	-11,659	-11,659	-11,683	-11,753	-11,775	-11,716
Total Common Equity	4,041	4,041	4,263	5,296	5,577	5,125
Minority Interest	43	43	48	49	8	6
Shareholders' Equity	4,084	4,084	4,311	5,345	5,585	5,131
Total Liabilities & Equity	189,622	189,622	191,158	219,134	228,726	226,243
Total Debt	8,476	8,476	7,957	9,343	8,621	7,859
Net Cash / Debt	-2,886	-2,886	-3,073	-2,435	-1,845	-1,813
Net Cash Per Share	-1.20	-1.20	-1.24	-0.95	-0.71	-0.70
Book Value Per Share	1.74	1.74	1.85	2.08	2.20	1.98
Tangible Book Value	2,226	2,226	2,386	3,681	4,082	3,686
Tangible Book Value Per Share	0.96	0.96	1.03	1.45	1.61	1.43

Source: S&P Capital IQ. Insurance template.