Sagicor Financial Company Ltd. (TSX: SFC)

Sagicor Financial Company Balance Sheet

Financials in millions USD. 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	955.1	952.99	1,089	5,276	4,270	4,218
Investments in Equity & Preferred Securities	69.59	68.38	61.31	55.78	166.85	231.85
Policy Loans	-	-	-	153.84	151.04	151.53
Other Investments	342.33	282.95	146.58	277.52	184.42	73.29
Total Investments	16,713	15,910	7,837	7,569	6,362	5,840
Cash & Equivalents	330.47	486.64	368.14	359.98	359.97	273.07
Reinsurance Recoverable	3,081	3,213	516.57	630.72	715.74	724.24
Other Receivables	1,051	747.63	712.38	633.09	638.2	679.71
Separate Account Assets	482.22	492.27	-	-	-	-
Property, Plant & Equipment	196.54	195.54	178.86	266.78	266.57	289.87
Goodwill	-	45.03	74.97	57	58.39	63.33
Other Intangible Assets	89.51	48.14	30.34	32.11	37.49	43.54
Restricted Cash	99.04	95.56	80.07	78.14	79.64	88.4
Other Current Assets	60.03	89.45	33.68	39.35	38.18	34.66
Long-Term Deferred Tax Assets	-	268.73	83.08	12.98	7.05	6.49
Other Long-Term Assets	920.67	792.94	705.89	699.1	703.09	685.42
Total Assets	23,024	22,385	10,621	10,378	9,266	8,729
Accounts Payable	320.58	250.69	160.32	180.07	181.8	175.01
Insurance & Annuity Liabilities	16,471	15,775	6,286	4,746	4,074	3,489
Unpaid Claims	-	-	-	61.8	63.14	68.99
Unearned Premiums	-	-	-	60.66	58.07	59.09
Reinsurance Payable	8.46	14.8	31.45	65.89	69.23	50.58
Current Portion of Long-Term Debt	-	50.36	46.58	57.21	5.32	14.39
Current Portion of Leases	-	9.42	7.39	8.26	8.56	7.75
Short-Term Debt	827.01	968.51	656.49	599.03	576.58	612.96
Current Income Taxes Payable	15.54	25.99	16.11	10.22	16.26	5.69
Long-Term Debt	1,864	1,810	1,126	1,138	854.82	827.93
Long-Term Leases	36.25	28.57	25.9	24.57	31.05	27.95
Long-Term Deferred Tax Liabilities	-	4.39	4.13	44.28	42.54	37.92
Separate Account Liability	482.22	492.27	-	272.31	253.23	288.5
Other Current Liabilities	383.1	394.25	395.07	1.29	1.13	1.34
Other Long-Term Liabilities	1,289	1,158	1,064	1,354	1,299	1,239
Total Liabilities	21,697	21,056	9,885	8,712	7,608	6,979
Common Stock	1.39	1.41	1.43	1.43	1.46	1.48
Additional Paid-In Capital	714.15	725.03	734.92	737.11	753.49	762.02
Retained Earnings	336.17	317.91	-191.22	455.9	369.7	399.58
Treasury Stock	-	-0	-0	-0	-0	-0
Comprehensive Income & Other	-99.39	-73.42	-115.44	-59.89	-13.26	-7.8
Total Common Equity	952.32	970.93	429.69	1,135	1,111	1,155
Minority Interest	374.12	358.09	306.73	531.66	546.82	594.51
Shareholders' Equity	1,326	1,329	736.42	1,666	1,658	1,750
Total Liabilities & Equity	23,024	22,385	10,621	10,378	9,266	8,729
Filing Date Shares Outstanding	140.8	141	142.72	143.13	146.33	147.79
Total Common Shares Outstanding	140.8	141	142.72	143.13	146.33	147.79
Total Debt	2,728	2,867	1,862	1,827	1,476	1,491
Net Cash (Debt)	-2,397	-2,380	-1,494	-1,467	-1,116	-1,218
Net Cash Per Share	-16.52	-16.42	-10.45	-9.99	-7.45	-14.98
Book Value Per Share	6.76	6.89	3.01	7.93	7.60	7.82
Tangible Book Value	862.81	877.77	324.38	1,045	1,016	1,048
Tangible Book Value Per Share	6.13	6.23	2.27	7.30	6.94	7.09
Land	-	35.88	34.39	35.05	35.25	35.64
Machinery	-	164.21	162.59	164.91	161.71	165.29

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