KCLI Balance Sheet

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

Millions USD. 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	2,320	2,348	2,350	2,200	3,082
Investments in Equity & Preferred Securities	3.2	3.24	3.25	7.14	9.72
Policy Loans	87.74	84.91	84.03	82.74	82.06
Other Investments	196.05	113.74	119.06	77.25	87.34
Total Investments	3,250	3,221	3,246	3,100	4,000
Cash & Equivalents	8.43	8.1	9.7	7.77	5.42
Reinsurance Recoverable	737.3	758.92	828.66	886.73	399.95
Other Receivables	29.98	31.15	31.48	29.15	30.3
Deferred Policy Acquisition Cost	254.34	264.53	308.74	327.54	292.03
Separate Account Assets	417	413.43	395.95	381.58	504.98
Property, Plant & Equipment	12.61	13.47	13.28	14.01	16.35
Goodwill	42.3	42.3	42.3	42.3	42.3
Other Intangible Assets	13.3	14.7	16.9	17.7	18.4
Other Current Assets	3.35	3.75	-	-	-
Other Long-Term Assets	180.15	162.85	159.82	158.06	124.12
Total Assets	4,949	4,935	5,053	4,965	5,433
Insurance & Annuity Liabilities	3,633	3,628	3,807	3,875	3,830
Unpaid Claims	57.05	56.23	59.3	56.98	69.79
Separate Account Liability	417	413.43	395.95	381.58	504.98
Other Long-Term Liabilities	176.45	188.36	181.26	160.27	198.02
Total Liabilities	4,283	4,286	4,444	4,473	4,603
Common Stock	23.12	23.12	23.12	23.12	23.12
Additional Paid-In Capital	41.03	41.03	41.03	41.03	41.03
Retained Earnings	903.25	929.44	959.37	910.44	933.34
Treasury Stock	-241.3	-241.3	-241.3	-241.3	-241.3
Comprehensive Income & Other	-60.52	-103.58	-172.86	-241.59	74.25
Shareholders' Equity	665.58	648.7	609.36	491.69	830.43
Total Liabilities & Equity	4,949	4,935	5,053	4,965	5,433
Filing Date Shares Outstanding	9.68	9.68	9.68	9.68	9.68
Total Common Shares Outstanding	9.68	9.68	9.68	9.68	9.68
Net Cash (Debt)	8.43	8.1	9.7	7.77	5.42
Net Cash Growth	4.04%	-16.44%	24.81%	43.35%	-24.77%
Net Cash Per Share	0.87	0.84	1.00	0.80	0.56
Book Value Per Share	68.73	66.99	62.93	50.78	85.76
Tangible Book Value	609.98	591.7	550.16	431.69	769.73
Tangible Book Value Per Share	62.99	61.10	56.81	44.58	79.49
Land	-	-	0.77	0.77	0.77
Buildings	24.31	24.19	22.31	21.82	21.8
Machinery	33.15	33.23	33.07	36.8	36.31

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