Guardian Holdings Balance Sheet

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

Millions TTD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Investments in Debt Securities	6,793	5,331	5,438	5,553	-
Investments in Equity & Preferred Securities	357.16	326.2	308.78	313.1	299.49
Policy Loans	-	-	-	-	47.66
Other Investments	19,824	19,546	18,813	17,300	23,661
Total Investments	30,211	28,228	27,581	25,817	26,050
Cash & Equivalents	3,662	4,015	2,926	3,567	3,688
Reinsurance Recoverable	1,564	795.12	718.36	840.73	1,101
Other Receivables	2,479	1,940	1,645	1,671	1,525
Deferred Policy Acquisition Cost	-	-	-	-	130.99
Property, Plant & Equipment	763.09	681.37	767.85	798.63	762.3
Goodwill	410.49	411.45	552.97	547.63	530.53
Other Intangible Assets	349.6	199.18	133.41	120.81	278.31
Restricted Cash	34.36	31.51	29.68	41.74	96.34
Other Current Assets	117.22	411.55	167.42	96.12	258.58
Long-Term Deferred Tax Assets	110.56	145.17	141.16	116.69	76.93
Other Long-Term Assets	85.53	80.31	92.99	111.91	61.61
Total Assets	39,813	36,959	34,774	33,753	34,578
Accounts Payable	421.08	424.44	410.95	501.1	935.7
Accrued Expenses	318.26	270.44	237.68	268.76	-
Insurance & Annuity Liabilities	23,930	23,074	22,279	21,618	17,230
Unpaid Claims	-	-	-	-	1,229
Unearned Premiums	-	-	-	-	1,045
Reinsurance Payable	422.47	140.3	130.38	437.41	427.19
Current Portion of Long-Term Debt	469.9	298.52	216.12	278.4	211.31
Current Portion of Leases	12.75	14.41	18.01	14.73	22.39
Short-Term Debt	-	-	5.48	-	10.31
Current Income Taxes Payable	148.6	247.66	186.48	274	275.52
Long-Term Debt	2,958	3,363	3,048	3,027	3,300
Long-Term Leases	30.88	35.54	50	39.56	73.86
Long-Term Deferred Tax Liabilities	312.53	330.53	277.92	236.09	252.34
Other Current Liabilities	1,646	1,627	1,686	1,564	1,825
Other Long-Term Liabilities	2,535	2,377	2,301	2,392	2,576
Total Liabilities	33,384	32,372	30,997	30,814	29,594
Common Stock	1,970	1,970	1,970	1,970	1,970
Retained Earnings	3,870	2,992	2,340	1,815	3,826
Comprehensive Income & Other	570.3	-388.3	-544.86	-857.04	-821.98
Total Common Equity	6,410	4,574	3,765	2,928	4,974
Minority Interest	19.27	13.24	11.93	11.16	9
Shareholders' Equity	6,429	4,587	3,777	2,939	4,983
Total Liabilities & Equity	39,813	36,959	34,774	33,753	34,578
Filing Date Shares Outstanding	231.99	232.02	232.02	232.02	232.02
Total Common Shares Outstanding	231.99	232.02	232.02	232.02	232.02
Total Debt	3,471	3,711	3,338	3,360	3,618
Net Cash (Debt)	191.05	304.23	-411.71	207.81	70.29
Net Cash Growth	-37.20%	-	-	195.66%	-79.34%
Net Cash Per Share	0.82	1.31	-1.77	0.90	0.30
Book Value Per Share	27.63	19.71	16.23	12.62	21.44
Tangible Book Value	5,650	3,963	3,078	2,259	4,166
Tangible Book Value Per Share	24.35	17.08	13.27	9.74	17.95
Machinery	564.45	561.94	629.38	663.87	677.89
Construction In Progress	36.92	46.81	80.24	73.16	46.98

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.