iA Financial Corporation Inc. (TSX: IAG)

iA Financial Corporation 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	31,289	29,940	26,117	32,893	32,099	27,508
Investments in Equity & Preferred Securities	3,817	3,260	3,724	3,525	3,067	2,950
Policy Loans	-	-	-	1,040	881	900
Other Investments	1,155	981	867	938	802	503
Total Investments	39,524	37,950	34,753	42,653	41,566	37,664
Cash & Equivalents	2,097	1,379	1,358	1,546	1,949	1,108
Reinsurance Recoverable	2,781	2,312	2,048	2,404	2,115	1,145
Other Receivables	2,415	4,374	4,038	2,954	2,650	2,275
Separate Account Assets	49,856	41,837	37,334	39,577	32,804	27,868
Property, Plant & Equipment	315	320	337	369	390	394
Goodwill	1,423	1,318	1,318	1,267	1,224	606
Other Intangible Assets	1,945	1,847	1,784	1,708	1,621	1,110
Other Current Assets	707	2,046	1,291	1,464	1,661	737
Long-Term Deferred Tax Assets	419	270	112	27	38	28
Long-Term Deferred Charges	-	49	46	598	441	160
Other Long-Term Assets	4,238	144	9	92	7	53
Total Assets	105,720	93,846	84,428	94,659	86,466	73,148
Accounts Payable	-	1,381	1,077	1,669	1,316	988
Insurance & Annuity Liabilities	35,609	37,047	31,613	37,226	37,193	31,384
Unpaid Claims	-	2,633	2,422	-	-	-
Unearned Premiums	-	-	-	2,690	2,096	1,447
Reinsurance Payable	4	8	233	293	204	163
Current Portion of Long-Term Debt	3	175	193	635	205	209
Current Portion of Leases	-	19	20	21	22	19
Short-Term Debt	1,667	565	1,264	214	162	133
Current Income Taxes Payable	-	200	115	126	96	76
Long-Term Debt	1,607	1,586	1,763	1,658	2,296	2,094
Long-Term Leases	-	88	90	102	119	118
Long-Term Deferred Tax Liabilities	312	319	362	441	382	287
Separate Account Liability	49,856	41,837	37,334	39,577	32,804	27,868
Other Current Liabilities	704	561	466	2,465	2,463	1,881
Other Long-Term Liabilities	8,632	189	177	69	215	77
Total Liabilities	98,394	86,808	77,301	87,414	79,953	67,018
Common Stock	1,525	1,603	1,675	1,706	1,674	1,666
Additional Paid-In Capital	16	17	17	17	20	18
Retained Earnings	5,174	5,060	4,889	4,963	4,170	3,823
Comprehensive Income & Other	11	-17	21	34	124	98
Total Common Equity	6,726	6,663	6,602	6,720	5,988	5,605
Minority Interest	600	375	525	525	525	525
Shareholders' Equity	7,326	7,038	7,127	7,245	6,513	6,130
Total Liabilities & Equity	105,720	93,846	84,428	94,659	86,466	73,148
Filing Date Shares Outstanding	93.9	99.64	104.77	107.56	107.06	106.97
Total Common Shares Outstanding	93.9	99.64	104.77	107.56	107.06	106.97
Total Debt	3,277	2,433	3,330	2,630	2,804	2,573
Net Cash (Debt)	-1,180	-1,054	-1,972	-1,084	-855	-1,465
Net Cash Per Share	-12.07	-10.23	-18.43	-10.04	-7.99	-13.69
Book Value Per Share	71.63	66.87	63.01	62.48	55.93	52.40
Tangible Book Value	3,358	3,498	3,500	3,745	3,143	3,889
Tangible Book Value Per Share	35.76	35.11	33.41	34.82	29.36	36.36
Land	-	37	39	48	48	49

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