KCLI Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Investments in Debt Securities	2,383	2,348	2,350	2,200	3,082	3,116
Investments in Equity & Preferred Securities	3.21	3.24	3.25	7.14	9.72	9.85
Policy Loans	87.25	84.91	84.03	82.74	82.06	84.45
Other Investments	123.69	113.74	119.06	77.25	87.34	129.95
Total Investments	3,250	3,221	3,246	3,100	4,000	4,107
Cash & Equivalents	9.35	8.1	9.7	7.77	5.42	7.2
Reinsurance Recoverable	754.84	781.67	828.66	886.73	399.95	391.44
Other Receivables	32.15	33.05	31.48	29.15	30.3	31.41
Deferred Policy Acquisition Cost	284.39	302.13	308.74	327.54	292.03	276.43
Separate Account Assets	427.51	413.43	395.95	381.58	504.98	463.04
Property, Plant & Equipment	-	13.47	13.28	14.01	16.35	19.38
Goodwill	-	42.3	42.3	42.3	42.3	42.3
Other Intangible Assets	-	16.1	16.9	17.7	18.4	19.2
Other Long-Term Assets	256.92	187.27	159.82	158.06	124.12	105.57
Total Assets	5,015	5,019	5,053	4,965	5,433	5,463
Insurance & Annuity Liabilities	3,745	3,778	3,807	3,875	3,830	3,790
Unpaid Claims	54.47	56.23	59.3	56.98	69.79	71.34
Separate Account Liability	427.51	413.43	395.95	381.58	504.98	463.04
Other Long-Term Liabilities	178.75	189.48	181.26	160.27	198.02	229.44
Total Liabilities	4,406	4,438	4,444	4,473	4,603	4,554
Common Stock	23.12	23.12	23.12	23.12	23.12	23.12
Additional Paid-In Capital	41.03	41.03	41.03	41.03	41.03	41.03
Retained Earnings	921.87	948.99	959.37	910.44	933.34	933.09
Treasury Stock	-241.3	-241.3	-241.3	-241.3	-241.3	-241.3
Comprehensive Income & Other	-135.9	-190.38	-172.86	-241.59	74.25	152.8
Shareholders' Equity	608.82	581.45	609.36	491.69	830.43	908.74
Total Liabilities & Equity	5,015	5,019	5,053	4,965	5,433	5,463
Filing Date Shares Outstanding	9.68	9.68	9.68	9.68	9.68	9.68
Total Common Shares Outstanding	9.68	9.68	9.68	9.68	9.68	9.68
Net Cash (Debt)	9.35	8.1	9.7	7.77	5.42	7.2
Net Cash Growth	23.39%	-16.44%	24.81%	43.35%	-24.77%	-49.40%
Net Cash Per Share	0.97	0.84	1.00	0.80	0.56	0.74
Book Value Per Share	62.87	60.05	62.93	50.78	85.76	93.84
Tangible Book Value	608.82	523.05	550.16	431.69	769.73	847.24
Tangible Book Value Per Share	62.87	54.01	56.81	44.58	79.49	87.49
Land	-	0.77	0.77	0.77	0.77	0.77
Buildings	-	23.42	22.31	21.82	21.8	21.59
Machinery	-	33.23	33.07	36.8	36.31	35.96

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