Phoenix Group Holdings plc (LON: PHNX)

Phoenix Group Holdings 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	88,888	88,888	79,182	100,547	105,971	73,332
Investments in Equity & Preferred Securities	87,977	87,977	77,066	87,412	83,034	59,492
Other Investments	78,909	78,909	75,389	85,995	89,248	69,415
Total Investments	266,724	266,724	243,366	288,018	295,745	215,417
Cash & Equivalents	174	174	242	405	414	265
Reinsurance Recoverable	14,548	14,548	13,136	18,638	19,242	16,255
Other Receivables	1,592	1,592	1,585	1,703	1,937	1,291
Gross Property, Plant & Equipment	199	199	195	184	167	129
Accumulated Depreciation	-93	-93	-70	-54	-48	-20
Net Property, Plant & Equipment	106	106	125	130	119	109
Goodwill	10	10	10	10	57	57
Other Intangible Assets	106	106	112	232	171	189
Other Current Assets	5,033	5,033	7,608	10,319	343	274
Deferred Long-Term Tax Assets	143	143	158	-	-	-
Other Long-Term Assets	230	230	219	248	11	396
Total Assets	299,308	299,308	281,040	333,799	334,325	242,677
Accrued Expenses	572	572	494	525	459	326
Insurance & Annuity Liabilities	115,888	115,888	107,615	132,529	137,344	97,900
Reinsurance Payable	-	-	-	3,712	4,214	4,314
Current Portion of Leases	9	9	11	10	11	11
Long-Term Leases	65	65	81	89	73	73
Current Income Taxes Payable	41	41	34	19	-	-
Other Current Liabilities	169,018	169,018	155,665	179,884	174,177	127,593
Deferred Long-Term Tax Liabilities	257	257	309	1,399	1,036	873
Other Long-Term Liabilities	1,148	1,148	1,680	905	2,356	1,938
Total Liabilities	295,769	295,769	276,803	327,030	326,453	237,084
Common Stock	100	100	100	100	100	72
Additional Paid-In Capital	16	16	10	6	4	2
Retained Earnings	469	469	1,162	3,775	4,970	4,651
Comprensive Income & Other	2,405	2,405	2,433	2,428	2,457	554
Total Common Equity	2,990	2,990	3,705	6,309	7,531	5,279
Minority Interest	549	549	532	460	341	314
Shareholders' Equity	3,539	3,539	4,237	6,769	7,872	5,593
Total Liabilities & Equity	299,308	299,308	281,040	333,799	334,325	242,677
Total Debt	6,254	6,254	8,381	4,826	4,749	2,346
Net Cash / Debt	-6,080	-6,080	-8,139	-4,421	-4,335	-2,081
Net Cash Per Share	-6.06	-6.06	-8.15	-4.43	-5.12	-2.88
Book Value Per Share	2.99	2.99	3.71	6.32	7.54	7.33
Tangible Book Value	2,874	2,874	3,583	6,067	7,303	5,033
Tangible Book Value Per Share	2.88	2.88	3.59	6.08	7.32	6.99

Source: S&P Capital IQ. Insurance template.