Manulife Financial Corporation (TSX: MFC)

Manulife Financial Balance Sheet

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Investments in Debt Securities	200,103	212,149	203,842	224,139	218,724	198,122
Investments in Equity & Preferred Securities	43,951	44,437	40,902	48,483	40,150	37,033
Policy Loans	-	-	-	6,397	6,398	6,471
Other Investments	77,101	72,380	67,430	57,732	54,523	52,557
Total Investments	389,867	397,658	381,275	415,157	406,719	370,143
Cash & Equivalents	21,481	20,338	19,153	22,594	26,167	20,300
Reinsurance Recoverable	54,070	42,651	45,871	44,579	45,836	41,446
Other Receivables	5,494	6,315	7,224	7,101	5,943	5,541
Separate Account Assets	402,109	377,544	348,562	399,788	367,436	343,108
Gross Property, Plant & Equipment	-	2,648	3,263	2,219	2,226	2,340
Accumulated Depreciation	-	-57	-411	-407	-376	-414
Net Property, Plant & Equipment	2,598	2,591	2,852	1,812	1,850	1,926
Goodwill	-	5,919	6,014	5,651	5,714	5,743
Other Intangible Assets	10,399	4,391	4,505	4,264	4,215	4,232
Other Current Assets	2,715	2,733	2,669	2,532	2,058	3,867
Deferred Long-Term Tax Assets	6,467	6,739	6,708	5,254	4,842	4,574
Other Long-Term Assets	12,019	8,695	8,856	8,911	9,569	8,250
Total Assets	907,219	875,574	833,689	917,643	880,349	809,130
Insurance & Annuity Liabilities	383,114	379,812	364,928	395,392	388,842	354,265
Reinsurance Payable	2,987	2,831	2,391	-	-	-
Current Portion of Leases	-	100	-	-	-	-
Long-Term Leases	-	250	-	-	-	-
Separate Account Liability	402,109	377,544	348,562	399,788	367,436	343,108
Current Income Taxes Payable	-	147	195	357	-	-
Other Current Liabilities	-	16,814	-	-	-	-
Deferred Long-Term Tax Liabilities	1,818	1,697	1,536	2,769	2,614	1,972
Other Long-Term Liabilities	43,129	25,738	43,470	40,777	41,806	39,619
Total Liabilities	857,327	826,847	785,463	858,774	827,343	759,024
Common Stock	21,488	21,527	22,178	23,093	23,042	23,127
Additional Paid-In Capital	217	222	238	262	261	254
Retained Earnings	4,779	4,819	3,947	23,492	18,887	15,488
Comprensive Income & Other	19,581	18,229	17,937	7,118	5,539	6,204
Total Common Equity	46,065	44,797	44,300	53,965	47,729	45,073
Minority Interest	1,328	1,431	1,427	1,694	1,455	1,211
Shareholders' Equity	49,892	48,727	48,226	58,869	53,006	50,106
Total Liabilities & Equity	907,219	875,574	833,689	917,643	880,349	809,130
Total Debt	24,170	22,264	24,381	19,691	26,645	20,060
Net Cash / Debt	-2,689	-1,926	-5,228	2,903	-478	240
Net Cash Per Share	-1.47	-1.05	-2.73	1.49	-0.25	0.12
Book Value Per Share	25.58	24.80	23.84	27.78	24.60	23.13
Tangible Book Value	35,666	34,487	33,781	44,050	37,800	35,098
Tangible Book Value Per Share	19.80	19.10	18.18	22.68	19.48	18.01

Source: S&P Capital IQ. Insurance template.