Allianz SE Balance Sheet

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

Millions EUR. 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	-	456,506	443,660	430,452	552,486
Investments in Equity & Preferred Securities	-	48,647	47,775	49,065	98,468
Other Investments	753,487	34,799	32,341	27,855	5,426
Total Investments	753,487	664,276	636,861	611,184	685,265
Cash & Equivalents	29,854	21,835	18,920	17,722	17,037
Reinsurance Recoverable	27,797	28,770	24,719	25,605	62,679
Other Receivables	223	87,271	88,140	82,873	144,974
Deferred Policy Acquisition Cost	-	-	-	-	23,756
Separate Account Assets	158,203	146,470	152,872	141,034	158,346
Property, Plant & Equipment	-	6,558	6,723	10,353	9,741
Goodwill	-	17,063	16,621	16,255	15,945
Other Intangible Assets	18,623	5,778	5,521	2,187	2,787
Restricted Cash	-	2,833	2,652	2,423	3,807
Other Current Assets	-	50,301	17,023	13,530	7,269
Long-Term Deferred Tax Assets	5,161	6,055	5,992	6,369	1,910
Other Long-Term Assets	30,928	7,368	7,130	6,362	5,913
Total Assets	1,024,276	1,044,578	983,174	935,897	1,139,429
Accrued Expenses	-	6,891	6,358	6,011	8,799
Insurance & Annuity Liabilities	800,677	706,438	689,076	657,773	724,595
Unpaid Claims	-	94,073	87,868	83,026	-
Unearned Premiums	-	-	-	-	27,501
Reinsurance Payable	497	316	231	257	35,556
Current Portion of Long-Term Debt	-	476	-	-	-
Current Portion of Leases	-	463	461	373	403
Short-Term Debt	-	1,420	1,103	1,123	7,106
Current Income Taxes Payable	-	2,261	1,980	1,743	2,519
Long-Term Debt	-	30,350	28,880	28,375	30,106
Long-Term Leases	-	2,129	2,269	2,367	2,387
Long-Term Deferred Tax Liabilities	2,436	2,257	2,124	2,158	5,626
Separate Account Liability	-	-	-	-	158,346
Other Current Liabilities	-	48,366	14,987	11,085	24,500
Other Long-Term Liabilities	154,317	76,070	76,936	74,267	15,985
Total Liabilities	957,927	980,502	921,614	877,162	1,055,207
Common Stock	1,170	1,170	1,170	1,170	1,170
Additional Paid-In Capital	27,732	27,732	27,732	27,732	27,732
Retained Earnings	36,243	33,317	30,464	29,354	32,817
Treasury Stock	-	-	-	-	-32
Comprehensive Income & Other	-2,423	-1,932	-1,127	-3,841	18,265
Total Common Equity	62,722	60,287	58,239	54,415	79,952
Minority Interest	3,627	3,789	3,321	4,320	4,270
Shareholders' Equity	66,349	64,076	61,560	58,735	84,222
Total Liabilities & Equity	1,024,276	1,044,578	983,174	935,897	1,139,429
Filing Date Shares Outstanding	380.24	385.92	391.46	401.59	408.22
Total Common Shares Outstanding	380.24	385.92	391.46	401.59	408.22
Total Debt	-	34,838	32,713	32,238	40,002
Net Cash (Debt)	29,854	-13,003	-13,793	-14,516	-22,965
Net Cash Per Share	77.96	-33.46	-34.80	-35.73	-55.78
Book Value Per Share	164.95	156.22	148.77	135.50	195.86
Tangible Book Value	44,099	37,446	36,097	35,973	61,220
Tangible Book Value Per Share	115.98	97.03	92.21	89.58	149.97
Machinery	-	3,972	3,999	3,893	3,889

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.