Intact Financial Corporation (IFCZF)

Intact Financial 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	27,603	26,848	25,309	24,791	13,414	11,765
Investments in Equity & Preferred Securities	8,370	6,996	6,864	8,293	6,142	6,243
Other Investments	2,709	2,129	2,402	1,298	435	257
Total Investments	39,216	36,453	35,051	35,016	19,991	18,265
Cash & Equivalents	1,108	1,171	1,010	2,276	917	936
Reinsurance Recoverable	5,242	5,217	5,004	6,016	1,670	1,588
Other Receivables	1,728	1,760	1,948	9,711	4,573	4,422
Deferred Policy Acquisition Cost	-	-	-	2,024	1,089	1,026
Property, Plant & Equipment	832	799	778	774	520	538
Goodwill	4,414	4,085	3,350	3,066	2,813	2,626
Other Intangible Assets	5,047	5,047	4,700	4,636	2,514	2,523
Other Current Assets	294	249	282	1,076	800	154
Long-Term Deferred Tax Assets	652	811	722	584	179	175
Other Long-Term Assets	520	387	896	1,170	53	39
Total Assets	59,300	55,979	53,741	66,349	35,119	32,292
Accounts Payable	788	452	468	516	276	191
Accrued Expenses	817	839	773	1,916	928	707
Insurance & Annuity Liabilities	8,043	8,642	9,691	704	475	363
Unpaid Claims	23,980	21,711	19,439	25,116	12,780	11,846
Unearned Premiums	-	-	-	11,703	6,256	5,960
Reinsurance Payable	-	-	-	1,378	79	71
Current Portion of Long-Term Debt	302	390	15	479	510	-
Current Portion of Leases	-	120	112	120	83	69
Short-Term Debt	474	274	135	439	-	20
Current Income Taxes Payable	102	205	28	131	149	150
Long-Term Debt	4,341	4,426	4,387	4,337	2,531	2,362
Long-Term Leases	661	540	510	518	364	392
Long-Term Deferred Tax Liabilities	558	726	805	698	279	286
Other Current Liabilities	378	91	141	207	46	242
Other Long-Term Liabilities	782	775	848	940	465	548
Total Liabilities	41,520	39,504	37,613	49,566	25,536	23,545
Preferred Stock, Redeemable	1,322	1,322	1,322	1,175	1,175	1,028
Common Stock	8,126	8,099	7,542	7,576	3,265	3,265
Additional Paid-In Capital	271	290	269	211	187	170
Retained Earnings	7,616	6,503	7,801	6,183	4,547	3,959
Comprehensive Income & Other	445	-24	-1,091	529	409	325
Total Common Equity	16,458	14,868	14,521	14,499	8,408	7,719
Minority Interest	-	285	285	1,109	-	-
Shareholders' Equity	17,780	16,475	16,128	16,783	9,583	8,747
Total Liabilities & Equity	59,300	55,979	53,741	66,349	35,119	32,292
Filing Date Shares Outstanding	178.36	178.32	175.26	176.08	143.02	143.02
Total Common Shares Outstanding	178.36	178.32	175.26	176.08	143.02	143.02
Total Debt	5,778	5,750	5,159	5,893	3,488	2,843
Net Cash (Debt)	-4,670	-4,579	-4,149	-3,617	-2,571	-1,907
Net Cash Per Share	-26.16	-25.99	-23.63	-22.27	-17.98	-13.67
Book Value Per Share	92.27	83.38	82.86	82.34	58.79	53.97
Tangible Book Value	6,997	5,736	6,471	6,797	3,081	2,570
Tangible Book Value Per Share	39.23	32.17	36.92	38.60	21.54	17.97

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