ageas SA/NV (AGESY)

ageas Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Investments in Debt Securities	45,949	46,718	45,269	53,937	58,522	59,090
Investments in Equity & Preferred Securities	7,774	7,502	7,148	10,995	9,801	9,362
Policy Loans	-	-	-	527	462	403
Other Investments	-	-	-	2	3	3
Total Investments	82,873	79,164	76,532	77,112	79,139	76,879
Cash & Equivalents	2,236	1,875	1,176	1,937	2,241	3,745
Reinsurance Recoverable	675	653	677	937	751	776
Other Receivables	5,881	9,856	9,509	7,962	7,873	7,777
Deferred Policy Acquisition Cost	-	-	-	418	408	425
Separate Account Assets	-	-	-	18,899	17,088	16,429
Property, Plant & Equipment	2,442	2,411	2,227	1,732	1,827	1,719
Goodwill	-	607	603	616	602	614
Other Intangible Assets	1,574	873	813	673	582	531
Other Current Assets	150	279	4,462	456	560	202
Long-Term Deferred Tax Assets	960	901	1,174	100	98	106
Long-Term Deferred Charges	-	-	-	114	96	88
Other Long-Term Assets	-	74	119	183	153	158
Total Assets	96,791	96,693	97,292	111,139	111,418	109,449
Accounts Payable	-	236	236	213	261	213
Accrued Expenses	2,527	527	404	910	906	820
Insurance & Annuity Liabilities	63,518	64,054	62,572	59,339	61,645	61,004
Unpaid Claims	-	-	-	6,110	5,747	6,020
Unearned Premiums	-	-	-	1,730	1,614	1,578
Reinsurance Payable	93	-	-	25	31	17
Current Portion of Long-Term Debt	-	249	235	834	27	54
Current Portion of Leases	-	78	67	80	82	76
Short-Term Debt	2,560	2,560	2,135	2,078	2,319	1,451
Current Income Taxes Payable	-	58	87	16	89	50
Long-Term Debt	3,549	3,300	3,248	2,906	3,796	4,124
Long-Term Leases	660	578	563	480	488	430
Long-Term Deferred Tax Liabilities	404	412	417	971	1,105	1,119
Separate Account Liability	-	-	-	18,901	17,090	16,438
Other Current Liabilities	-	139	4,190	151	118	130
Other Long-Term Liabilities	14,938	14,956	14,282	1,101	1,142	1,344
Total Liabilities	88,249	88,194	89,356	96,967	97,644	95,968
Common Stock	1,502	1,502	1,502	1,502	1,502	1,502
Additional Paid-In Capital	2,051	2,051	2,051	2,051	2,051	2,051
Retained Earnings	660	959	1,143	845	1,141	979
Comprehensive Income & Other	3,326	2,910	2,279	7,516	6,861	6,689
Total Common Equity	7,539	7,422	6,975	11,914	11,555	11,221
Minority Interest	1,003	1,077	961	2,258	2,219	2,260
Shareholders' Equity	8,542	8,499	7,936	14,172	13,774	13,481
Total Liabilities & Equity	96,791	96,693	97,292	111,139	111,418	109,449
Filing Date Shares Outstanding	184	183.67	183.66	185.74	186.96	190.55
Total Common Shares Outstanding	184	183.67	183.66	185.74	186.96	190.55
Total Debt	6,769	6,765	6,248	6,378	6,712	6,135
Net Cash (Debt)	-4,533	-4,890	-5,072	-4,441	-4,471	-2,390
Net Cash Per Share	-24.64	-26.60	-27.52	-23.76	-23.77	-12.41
Book Value Per Share	40.97	40.41	37.98	64.14	61.80	58.89
Tangible Book Value	5,965	5,942	5,559	10,625	10,371	10,076
Tangible Book Value Per Share	32.42	32.35	30.27	57.20	55.47	52.88
Land	-	2,508	2,322	1,889	1,928	1,811
Machinery	-	443	370	334	345	382
Construction In Progress	-	-	-	-	-	2
Leasehold Improvements	-	62	47	28	28	28

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