KCLI Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	2,313	2,320	2,348	2,350	2,200	3,082
Investments in Equity & Preferred Securities	3.15	3.2	3.24	3.25	7.14	9.72
Policy Loans	89.33	87.74	84.91	84.03	82.74	82.06
Other Investments	120.39	196.05	113.74	119.06	77.25	87.34
Total Investments	3,177	3,250	3,221	3,246	3,100	4,000
Cash & Equivalents	7.97	8.43	8.1	9.7	7.77	5.42
Reinsurance Recoverable	729.94	737.3	758.92	828.66	886.73	399.95
Other Receivables	31.41	29.98	31.15	31.48	29.15	30.3
Deferred Policy Acquisition Cost	250.96	254.34	264.53	308.74	327.54	292.03
Separate Account Assets	390.47	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	3.1	3.35	3.75	-	-	-
Other Long-Term Assets	250.19	180.15	162.85	159.82	158.06	124.12
Total Assets	4,841	4,949	4,935	5,053	4,965	5,433
Insurance & Annuity Liabilities	3,600	3,633	3,628	3,807	3,875	3,830
Unpaid Claims	57.93	57.05	56.23	59.3	56.98	69.79
Separate Account Liability	390.47	417	413.43	395.95	381.58	504.98
Other Long-Term Liabilities	129.22	176.45	188.36	181.26	160.27	198.02
Total Liabilities	4,177	4,283	4,286	4,444	4,473	4,603
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	911.08	903.25	929.44	959.37	910.44	933.34
Treasury Stock	-241.3	-241.3	-241.3	-241.3	-241.3	-241.3
Comprehensive Income & Other	-70.25	-60.52	-103.58	-172.86	-241.59	74.25
Shareholders' Equity	663.68	665.58	648.7	609.36	491.69	830.43
Total Liabilities & Equity	4,841	4,949	4,935	5,053	4,965	5,433
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)	7.97	8.43	8.1	9.7	7.77	5.42
Net Cash Growth	13.35%	4.04%	-16.44%	24.81%	43.35%	-24.77%
Net Cash Per Share	0.82	0.87	0.84	1.00	0.80	0.56
Book Value Per Share	68.54	68.73	66.99	62.93	50.78	85.76
Tangible Book Value	663.68	609.98	591.7	550.16	431.69	769.73
Tangible Book Value Per Share	68.54	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.