Below are the financial statements of IGM Financial, 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 millions of CAD | 2024 | 2023 |
|---|---|---|
| Revenues | — | — |
| Wealth management | 2,436.1a | 2,199.68a |
| Asset management | 1,002.68a | 949.04a |
| Dealer compensation expense | -329.17a | -314.11a |
| Net asset management | 673.51a | 634.93a |
| Net investment income and other | 53.04a | 37.65a |
| Gain on sale of Lifeco shares | 0a | 172.98a |
| Proportionate share of associates’ earnings | 212.78a | 200.14a |
| Expenses | — | — |
| Advisory and business development | -1,120.73a | -1,006.25a |
| Operations and support | -837.66a | -905.7a |
| Sub-advisory | -78.06a | -65.73a |
| Interest | -129.38a | -123.23a |
| Earnings before income taxes | 1,209.61a | 1,144.46a |
| Income taxes | -272.17a | -215.08a |
| Net earnings from continuing operations | 937.44a | 929.38a |
| Net earnings from discontinued operations | 0a | 223.13a |
| Net earnings | 937.44a | 1,152.51a |
| Non-controlling interest | -3.93a | -3.62a |
| Net earnings available to common shareholders | 933.51a | 1,148.89a |
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