Power Corporation of Canada (TSX: POW)

POW 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	12,534	12,123	13,075	37,279	35,245	29,400
Investments in Equity & Preferred Securities	9,350	8,563	7,480	8,767	8,492	7,517
Policy Loans	-	-	-	8,319	8,387	8,601
Total Investments	242,974	236,807	232,259	215,978	207,590	180,251
Cash & Equivalents	11,228	9,144	8,867	8,165	7,100	6,214
Reinsurance Recoverable	17,843	24,600	25,701	21,138	22,121	20,707
Other Receivables	1,171	7,801	6,946	7,565	7,292	7,008
Deferred Policy Acquisition Cost	-	1,308	1,295	945	853	750
Separate Account Assets	481,856	422,956	387,882	357,419	334,032	231,022
Property, Plant & Equipment	5,243	5,082	4,409	3,686	3,217	3,063
Goodwill	14,585	14,630	14,617	12,968	13,963	10,324
Other Intangible Assets	6,825	6,690	8,316	7,607	6,279	5,843
Restricted Cash	-	793	981	1,344	2,940	591
Other Current Assets	2,049	15,260	8,439	5,005	3,079	1,352
Long-Term Deferred Tax Assets	1,863	1,894	1,505	1,131	1,082	802
Other Long-Term Assets	36,906	2,513	3,184	18,682	19,556	9,323
Total Assets	822,543	749,478	704,401	661,633	629,104	477,250
Accounts Payable	-	3,954	3,675	3,840	3,186	3,436
Insurance & Annuity Liabilities	153,349	146,221	137,135	209,538	209,818	175,359
Reinsurance Payable	830	648	537	1,542	1,648	1,433
Current Portion of Long-Term Debt	1,034	937	725	-	-	-
Current Portion of Leases	29.6	117	-	-	-	-
Short-Term Debt	405	734	561	665	1,442	808
Current Income Taxes Payable	-	154	162	311	355	468
Long-Term Debt	18,901	18,532	18,972	17,980	19,231	16,423
Long-Term Leases	196.4	623	916	886	869	1,022
Long-Term Deferred Tax Liabilities	1,202	1,216	1,286	1,593	1,081	1,497
Separate Account Liability	481,856	422,956	387,882	357,419	334,032	231,022
Other Current Liabilities	-	2,932	545	525	493	468
Other Long-Term Liabilities	122,232	107,954	110,205	21,770	15,476	6,172
Total Liabilities	780,035	708,213	663,822	617,905	590,371	440,665
Preferred Stock, Redeemable	950	950	950	954	956	960
Common Stock	9,238	9,284	9,486	9,603	9,557	726
Retained Earnings	10,693	10,005	9,099	10,807	8,651	10,780
Comprehensive Income & Other	2,046	1,904	2,341	2,975	3,043	1,708
Total Common Equity	21,977	21,193	20,926	23,385	21,251	13,214
Minority Interest	19,581	19,122	18,703	19,389	16,526	22,411
Shareholders' Equity	42,508	41,265	40,579	43,728	38,733	36,585
Total Liabilities & Equity	822,543	749,478	704,401	661,633	629,104	477,250
Filing Date Shares Outstanding	645.79	650.04	666.34	674.43	676.56	679.18
Total Common Shares Outstanding	646.34	652.25	667.1	676.62	677.25	426.47
Total Debt	20,566	20,943	21,174	19,531	21,542	18,253
Net Cash (Debt)	-9,338	-11,799	-12,307	-11,366	-14,442	-12,039
Net Cash Per Share	-14.29	-17.79	-18.27	-16.68	-22.30	-27.49
Book Value Per Share	34.00	32.49	31.37	34.56	31.38	30.98
Tangible Book Value	567	-127	-2,007	2,810	1,009	-2,953
Tangible Book Value Per Share	0.88	-0.19	-3.01	4.15	1.49	-6.92

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