Great-West Lifeco Inc. (TSX:GWO)

Great-West Lifeco Balance Sheet

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Debt Securities	211,341	205,993	195,465	193,288	169,464
Equity and Preferred Securities	21,515	18,826	15,733	14,301	14,183
Other Investments	10,156	10,688	10,089	10,658	17,049
Total Investments	250,051	243,785	226,810	223,223	205,804
Cash & Equivalents	8,902	10,709	7,742	7,290	6,075
Reinsurance Contract Assets	16,850	17,842	17,332	17,571	38,332
Other Receivables	6,029	5,402	4,863	4,355	6,366
Net Property, Plant & Equipment	1,224	1,135	1,066	1,123	1,158
Other Intangible Assets	4,912	4,958	4,484	6,230	5,514
Goodwill	11,283	11,428	11,249	10,611	9,081
Other Assets	570,616	515,182	445,207	406,779	363,266
Total Assets	862,828	802,163	713,230	672,206	630,488
Claims Reserves	161,644	155,683	144,388	135,438	208,378
Reinsurance Contract Liabilities	919	795	648	537	1,542
Accounts Payable	3,981	3,524	3,216	2,758	3,032
Total Debt	8,792	9,469	9,046	10,509	8,804
Other Liabilities	654,489	600,038	526,081	494,169	378,249
Total Liabilities	829,825	769,509	683,379	643,411	600,005
Preferred Stock	4,420	4,220	4,220	4,220	4,220
Common Stock	5,983	6,071	6,000	5,791	5,748
Additional Paid-in Capital	209	208	234	209	192
Accumulated Other Comprehensive Income	1,742	1,776	890	713	632
Retained Earnings	17,503	17,266	15,492	14,976	16,424
Total Common Shareholders' Equity	29,857	29,541	26,836	25,909	27,216
Minority Interest	3,146	3,113	3,015	2,886	3,267
Shareholders' Equity	33,003	32,654	29,851	28,795	30,483
Total Liabilities & Equity	862,828	802,163	713,230	672,206	630,488
Book Value	29,857	29,541	26,836	25,909	27,216
Book Value Per Share	32.15	31.59	28.75	27.79	29.23
Tangible Book Value	13,662	13,155	11,103	9,068	12,621
Tangible Book Value Per Share	14.71	14.07	11.89	9.73	13.56

Updated Dec 31, 2025. Data Source: Fiscal.ai. Insurance template. Financial Sources.