Manulife Financial Corporation (TSX:MFC)

Manulife Financial Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Debt Securities	210,621	212,149	203,842	224,139	218,724
Investments in Equity & Preferred Securities	64,824	51,709	40,902	48,483	40,150
Policy Loans	-	-	-	6,397	6,398
Other Investments	71,243	65,108	67,430	57,732	54,523
Total Investments	416,917	397,658	381,275	415,157	406,719
Cash & Equivalents	25,789	20,338	19,153	22,594	26,167
Reinsurance Recoverable	59,015	42,651	45,871	44,579	45,836
Other Receivables	6,451	6,315	7,224	7,101	5,943
Separate Account Assets	435,988	377,544	348,562	399,788	367,436
Property, Plant & Equipment	2,674	2,591	2,852	1,812	1,850
Goodwill	6,275	5,919	6,014	5,651	5,714
Other Intangible Assets	4,777	4,391	4,505	4,264	4,215
Other Current Assets	3,474	2,733	2,669	2,532	2,058
Long-Term Deferred Tax Assets	5,884	6,739	6,708	5,254	4,842
Other Long-Term Assets	11,574	8,695	8,856	8,911	9,569
Total Assets	978,818	875,574	833,689	917,643	880,349
Insurance & Annuity Liabilities	396,401	367,996	354,849	395,392	388,842
Reinsurance Payable	2,669	2,831	2,391	-	-
Current Portion of Long-Term Debt	-	594	-	-	-
Current Portion of Leases	105	-	-	-	-
Current Income Taxes Payable	453	147	195	357	-
Long-Term Debt	25,115	21,320	24,381	19,691	26,645
Long-Term Leases	250	-	-	-	-
Long-Term Deferred Tax Liabilities	1,890	1,697	1,536	2,769	2,614
Separate Account Liability	435,988	377,544	348,562	399,788	367,436
Other Current Liabilities	15,695	43	-	-	-
Other Long-Term Liabilities	47,292	54,675	53,549	40,777	41,806
Total Liabilities	925,858	826,847	785,463	858,774	827,343
Preferred Stock, Convertible	2,499	2,499	2,499	3,210	3,822
Common Stock	20,681	21,527	22,178	23,093	23,042
Additional Paid-In Capital	204	222	238	262	261
Retained Earnings	4,764	4,819	3,947	23,492	18,887
Comprehensive Income & Other	23,391	18,229	17,937	7,118	5,539
Total Common Equity	49,040	44,797	44,300	53,965	47,729
Minority Interest	1,421	1,431	1,427	1,694	1,455
Shareholders' Equity	52,960	48,727	48,226	58,869	53,006
Total Liabilities & Equity	978,818	875,574	833,689	917,643	880,349
Filing Date Shares Outstanding	1,723	1,806	1,858	1,943	1,940
Total Common Shares Outstanding	1,729	1,806	1,858	1,943	1,940
Total Debt	25,470	21,914	24,381	19,691	26,645
Net Cash (Debt)	319	-1,576	-5,228	2,903	-478
Net Cash Per Share	0.18	-0.86	-2.73	1.49	-0.25
Book Value Per Share	28.37	24.80	23.84	27.78	24.60
Tangible Book Value	37,988	34,487	33,781	44,050	37,800
Tangible Book Value Per Share	21.97	19.10	18.18	22.68	19.48

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