Standard Life 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	99,681	88,322	-	79,182	100,547
Investments in Equity & Preferred Securities	110,770	96,355	87,977	77,066	87,412
Other Investments	83,446	82,708	167,797	75,389	85,995
Total Investments	302,668	274,355	266,724	243,366	288,018
Cash & Equivalents	134	198	174	242	405
Reinsurance Recoverable	16,465	14,484	14,548	13,136	18,638
Other Receivables	1,247	1,734	1,592	1,585	1,703
Deferred Policy Acquisition Cost	1,535	1,744	1,994	2,184	4,431
Property, Plant & Equipment	74	91	106	125	130
Goodwill	10	10	10	10	10
Other Intangible Assets	128	128	106	112	232
Restricted Cash	9,064	11,250	8,722	12,295	9,665
Other Current Assets	381	3,499	5,033	7,608	10,319
Long-Term Deferred Tax Assets	327	146	143	158	-
Other Long-Term Assets	208	218	241	219	248
Total Assets	332,241	307,857	299,393	281,040	333,799
Accrued Expenses	511	564	564	494	525
Insurance & Annuity Liabilities	120,506	115,949	115,874	107,615	132,529
Reinsurance Payable	-	-	-	-	3,712
Current Portion of Long-Term Debt	4,710	2,892	90	62	467
Current Portion of Leases	12	13	9	11	10
Current Income Taxes Payable	18	21	41	34	19
Long-Term Debt	2,821	3,335	3,802	8,227	4,260
Long-Term Leases	47	51	65	81	89
Long-Term Deferred Tax Liabilities	490	198	320	309	1,399
Other Current Liabilities	197,932	181,050	172,100	155,665	179,884
Other Long-Term Liabilities	2,579	180	144	1,680	905
Total Liabilities	330,949	305,611	295,608	276,803	327,030
Common Stock	101	100	100	100	100
Additional Paid-In Capital	20	16	16	10	6
Retained Earnings	-584	375	715	1,162	3,775
Comprehensive Income & Other	1,201	1,216	2,405	2,433	2,428
Total Common Equity	738	1,707	3,236	3,705	6,309
Minority Interest	554	539	549	532	460
Shareholders' Equity	1,292	2,246	3,785	4,237	6,769
Total Liabilities & Equity	332,241	307,857	299,393	281,040	333,799
Filing Date Shares Outstanding	1,002	998.31	998.92	998.28	997.67
Total Common Shares Outstanding	1,002	998.26	998.91	998.26	997.65
Total Debt	7,590	6,291	3,966	8,381	4,826
Net Cash (Debt)	-7,456	-6,093	-3,792	-8,139	-4,421
Net Cash Per Share	-7.45	-6.09	-3.78	-8.15	-4.43
Book Value Per Share	0.24	1.22	2.74	3.71	6.32
Tangible Book Value	600	1,569	3,120	3,583	6,067
Tangible Book Value Per Share	0.11	1.08	2.63	3.59	6.08
Machinery	80	82	75	67	59

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