Below are the financial statements of Sun Life 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 billions of CAD | 2024 as of 2024-12-31 | 2023 as of 2023-12-31 |
---|---|---|
Assets | — | — |
Cash, cash equivalents and short-term securities | 13.87a | 13.17a |
Debt securities | 81.96a | 75.49a |
Equity securities | 9.97a | 7.14a |
Mortgages and loans | 57.62a | 54.6a |
Derivative assets | 1.97a | 2.18a |
Other financial invested assets | 13.31a | 10.36a |
Financial assets | 178.7a | 162.95a |
Investment properties | 9.29a | 9.72a |
Other non-financial invested assets | 1.83a | 1.66a |
Invested assets | 189.82a | 174.33a |
Other assets | 7.02a | 6.46a |
Reinsurance contract held assets | 6.32a | 5.79a |
Insurance contract assets | 0.36a | 0.18a |
Deferred tax assets | 3.91a | 3.88a |
Intangible assets | 5.06a | 5.17a |
Goodwill | 9.46a | 8.97a |
Total general fund assets | 221.94a | 204.79a |
Investments for account of segregated fund holders | 148.79a | 128.45a |
Total assets | 370.72a | 333.24a |
Liabilities and equity | — | — |
Liabilities | — | — |
Insurance contract liabilities excluding those for account of segregated fund holders | 147.27a | 135.67a |
Reinsurance contract held liabilities | 1.83a | 1.62a |
Investment contract liabilities | 11.68a | 11.67a |
Derivative liabilities | 2.08a | 1.31a |
Deferred tax liabilities | 0.29a | 0.28a |
Other liabilities | 26.29a | 23.66a |
Senior debentures | 0.2a | 0.2a |
Subordinated debt | 6.18a | 6.18a |
Total general fund liabilities | 195.81a | 180.59a |
Insurance contract liabilities for account of segregated fund holders | 20.1a | 19.04a |
Investment contract liabilities for account of segregated fund holders | 128.69a | 109.41a |
Total liabilities | 344.59a | 309.04a |
Equity | — | — |
Issued share capital and contributed surplus | 10.53a | 10.66a |
Shareholders’ retained earnings and accumulated other comprehensive income | 15.03a | 12.92a |
Total shareholders’ equity | 25.56a | 23.58a |
Equity in the participating account | 0.5a | 0.46a |
Non-controlling interests’ equity | 0.08a | 0.16a |
Total equity | 26.13a | 24.2a |
Total liabilities and equity | 370.72a | 333.24a |
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