Great-West Lifeco Inc

Common Name

Great-West Lifeco

Country

Canada

Sector

Financial Services

Industry

Insurance - Life

Employees

33,250

Ticker

GWO

Exchange

TORONTO STOCK EXCHANGE

Website

www.greatwestlifeco.com

Description

Great-West Lifeco Inc. is a prominent financial services holding company primarily focused on life insurance products, retirement savings, and investment funds. Operating as a part of the Power Corpor... Show more

Income Statement Balance Sheet

Financial Statements of Great-West Lifeco

Below are the financial statements of Great-West Lifeco, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

All figures in billions of CAD	2024 as of 2024-12-31	2023 as of 2023-12-31
Assets	—	—
Cash and cash equivalents	10.71^a	7.74^a
Bonds	167.11^a	157.05^a
Mortgage loans	38.88^a	38.41^a
Stocks	18.83^a	15.73^a
Investment properties	8.26^a	7.87^a
Insurance contract assets	1.19^a	1.19^a
Reinsurance contract held assets	17.84^a	17.33^a
Assets held for sale	0^a	4.47^a
Goodwill	11.43^a	11.25^a
Intangible assets	4.96^a	4.48^a
Derivative financial instruments	2.43^a	2.22^a
Owner occupied properties	0.79^a	0.73^a
Fixed assets	0.35^a	0.34^a
Accounts and interest receivable	5.4^a	4.86^a
Other assets	15.27^a	14.48^a
Current income taxes	0.27^a	0.26^a
Deferred tax assets	2.07^a	1.85^a
Investments on account of segregated fund policyholders	496.39^a	422.96^a
Total assets	802.16^a	713.23^a
Liabilities	—	—
Insurance contract liabilities	155.68^a	144.39^a
Investment contract liabilities	90.16^a	88.92^a
Reinsurance contract held liabilities	0.8^a	0.65^a
Liabilities held for sale	0^a	2.41^a
Debentures and other debt instruments	9.47^a	9.05^a
Derivative financial instruments	2.14^a	1.29^a
Accounts payable	3.52^a	3.22^a
Other liabilities	10.23^a	9.59^a
Current income taxes	0.29^a	0.14^a
Deferred tax liabilities	0.83^a	0.79^a
Insurance contracts on account of segregated fund policyholders	66.34^a	60.3^a
Investment contracts on account of segregated fund policyholders	430.04^a	362.65^a
Total liabilities	769.51^a	683.38^a
Equity	—	—
Non-controlling interests	—	—
Participating account surplus in subsidiaries	3.04^a	2.85^a
Non-controlling interests in subsidiaries	0.07^a	0.17^a
Shareholders' equity	—	—
Share capital	—	—
Limited recourse capital notes	1.5^a	1.5^a
Preferred shares	2.72^a	2.72^a
Common shares	6.07^a	6^a
Accumulated surplus	17.27^a	15.49^a
Accumulated other comprehensive income	1.78^a	0.89^a
Contributed surplus	0.21^a	0.23^a
Total equity	32.65^a	29.85^a
Total liabilities and equity	802.16^a	713.23^a

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Verified Sources Behind Great-West Lifeco’s Financial Fundamentals Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Great-West Lifeco’s data sources below and access millions more through our Disclosure Search.

a. Great-West Lifeco's Annual Report 2024

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Great-West Lifeco Inc

Financial Statements of Great-West Lifeco

Verified Sources Behind Great-West Lifeco’s Financial Fundamentals Data

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