E-L Financial Corporation Limited (ELFIF)

E-L Financial Corporation Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Investments in Debt Securities	7,988	7,456	6,745	8,149	8,028	7,510
Investments in Equity & Preferred Securities	9,274	8,318	7,285	8,283	7,491	6,923
Policy Loans	60.91	47.17	50.04	109.73	116.87	121.88
Other Investments	0.67	4.96	9.03	5	5	-
Total Investments	17,417	15,925	14,203	16,705	15,806	14,770
Cash & Equivalents	329.3	440.86	302.95	636.1	427.76	303.09
Reinsurance Recoverable	289.76	281.36	310.04	-	-	-
Other Receivables	78.26	53.87	120.9	111.69	167.2	93.69
Separate Account Assets	9,331	8,813	8,566	9,257	8,457	8,499
Property, Plant & Equipment	3.36	13.91	14.68	16.81	21.04	25.24
Goodwill	24.99	24.95	24.47	-	-	-
Other Intangible Assets	60.68	61.51	60.57	28.51	27.98	22.36
Other Current Assets	9.38	13.83	9.78	6.3	5.38	2.93
Long-Term Deferred Tax Assets	93.68	89.44	89.62	-	-	-
Other Long-Term Assets	65.18	42.21	45.54	29.16	32.53	33.26
Total Assets	27,703	25,760	23,747	26,791	24,945	23,749
Accounts Payable	-	83.88	107.92	73.33	64.58	74.45
Insurance & Annuity Liabilities	6,812	6,708	6,145	7,281	7,331	6,237
Reinsurance Payable	253.44	253.23	217.06	253.33	384.76	698.37
Current Income Taxes Payable	-	19.94	-	52.72	9.83	44.59
Long-Term Debt	598.78	733.37	702.92	602.16	602.27	464.1
Long-Term Deferred Tax Liabilities	484.68	351.57	247.44	373.75	321.59	268.47
Separate Account Liability	9,331	8,813	8,566	9,257	8,457	8,499
Other Current Liabilities	16.87	16.87	12.78	13.14	8.52	8.91
Other Long-Term Liabilities	772.49	517.23	355.81	263.31	43.36	28.88
Total Liabilities	18,269	17,497	16,355	18,196	17,295	16,366
Preferred Stock, Convertible	300	300	300	300	300	300
Common Stock	62.35	62.35	64.06	66.66	66.79	72.39
Retained Earnings	7,747	6,729	5,949	6,853	6,051	5,878
Comprehensive Income & Other	87.64	68.92	48.3	96.09	100.56	64.27
Total Common Equity	7,897	6,860	6,062	7,016	6,218	6,015
Minority Interest	1,237	1,102	1,030	1,279	1,132	1,068
Shareholders' Equity	9,434	8,262	7,392	8,595	7,650	7,383
Total Liabilities & Equity	27,703	25,760	23,747	26,791	24,945	23,749
Filing Date Shares Outstanding	3.39	3.42	3.46	3.61	3.62	3.93
Total Common Shares Outstanding	3.39	3.42	3.46	3.61	3.62	3.93
Total Debt	598.78	733.37	702.92	602.16	602.27	464.1
Net Cash (Debt)	-269.49	-292.51	-399.97	33.94	-174.51	-161.01
Net Cash Per Share	-72.97	-78.17	-112.60	8.49	-41.80	-37.11
Book Value Per Share	2327.25	2003.53	1749.80	1944.14	1719.71	1531.71
Tangible Book Value	7,811	6,773	5,977	6,987	6,190	5,993
Tangible Book Value Per Share	2302.00	1978.28	1725.25	1936.24	1711.97	1526.01

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