Power Corporation of Canada (TSX: POW)

POW 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	12,090	12,123	13,075	37,279	35,245	29,400
Investments in Equity & Preferred Securities	9,494	8,563	7,480	8,767	8,492	7,517
Policy Loans	-	-	-	8,319	8,387	8,601
Total Investments	237,344	236,807	232,259	215,978	207,590	180,251
Cash & Equivalents	10,147	9,144	8,867	8,165	7,100	6,214
Reinsurance Recoverable	17,407	24,600	25,701	21,138	22,121	20,707
Other Receivables	1,282	7,801	6,946	7,565	7,292	7,008
Separate Account Assets	449,323	422,956	387,882	357,419	334,032	231,022
Gross Property, Plant & Equipment	-	7,669	6,839	5,781	5,108	4,806
Accumulated Depreciation	-	-2,587	-2,430	-2,095	-1,891	-1,743
Net Property, Plant & Equipment	5,188	5,082	4,409	3,686	3,217	3,063
Goodwill	14,734	14,630	14,617	12,968	13,963	10,324
Other Intangible Assets	6,732	6,690	8,316	7,607	6,279	5,843
Other Current Assets	2,005	15,260	8,439	5,005	3,079	1,352
Deferred Long-Term Tax Assets	1,916	1,894	1,505	1,131	1,082	802
Other Long-Term Assets	29,428	2,513	3,184	18,682	19,556	9,323
Total Assets	775,506	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	145,018	146,221	137,135	209,538	209,818	175,359
Reinsurance Payable	679	648	537	1,542	1,648	1,433
Current Portion of Leases	29.7	112	-	-	-	-
Long-Term Leases	187.8	628	916	886	869	1,022
Separate Account Liability	449,323	422,956	387,882	357,419	334,032	231,022
Current Income Taxes Payable	-	154	162	311	355	468
Other Current Liabilities	-	2,932	545	525	493	468
Deferred Long-Term Tax Liabilities	1,152	1,216	1,286	1,593	1,081	1,497
Other Long-Term Liabilities	117,364	107,954	110,205	21,770	15,476	6,172
Total Liabilities	733,882	708,213	663,822	617,905	590,371	440,665
Common Stock	9,254	9,284	9,486	9,603	9,557	726
Retained Earnings	10,300	10,005	9,099	10,807	8,651	10,780
Comprensive Income & Other	1,920	1,904	2,341	2,975	3,043	1,708
Total Common Equity	21,474	21,193	20,926	23,385	21,251	13,214
Minority Interest	19,200	19,122	18,703	19,389	16,526	22,411
Shareholders' Equity	41,624	41,265	40,579	43,728	38,733	36,585
Total Liabilities & Equity	775,506	749,478	704,401	661,633	629,104	477,250
Total Debt	20,347	20,943	21,174	19,531	21,542	18,253
Net Cash / Debt	-10,199.5	-11,799	-12,307	-11,366	-14,442	-12,039
Net Cash Per Share	-15.46	-17.79	-18.27	-16.68	-22.30	-27.49
Book Value Per Share	33.04	32.49	31.37	34.56	31.38	30.98
Tangible Book Value	8	-127	-2,007	2,810	1,009	-2,953
Tangible Book Value Per Share	0.01	-0.19	-3.01	4.15	1.49	-6.92

Source: S&P Capital IQ. Insurance template.