|
For the three months ended |
For the years ended |
||||
|---|---|---|---|---|---|
|
(In millions of canadian dollars, except per share amounts or as otherwise noted) |
Dec. 31 |
Sept. 30 |
Dec. 31 |
Dec. 31 |
Dec. 31 |
|
Revenues |
11,729 |
15,422 |
12,661 |
48,841 |
48,098 |
|
Net earnings attributable to participating shareholders |
179 |
359 |
229 |
1,108 |
1,287 |
|
Net earnings per participating share |
0.42 |
0.84 |
0.49 |
2.53 |
2.77 |
|
Adjusted net earnings attributable to participating shareholders(1) |
317 |
332 |
283 |
1,313 |
1,438 |
|
Adjusted net earnings per participating share(1) |
0.74 |
0.78 |
0.60 |
3.00 |
3.09 |
|
Dividends declared per participating share |
0.8100(2) |
0.4050 |
0.3820 |
2.0020(2) |
1.5045 |
|
Consolidated assets |
477,250 |
472,204 |
452,303 |
477,250 |
452,303 |
|
Shareholders’ equity |
14,174 |
13,893 |
15,118 |
14,174 |
15,118 |
|
Book value per participating share |
30.98 |
30.34 |
30.38 |
30.98 |
30.38 |
|
Participating shares outstanding (in millions) |
426.5 |
426.2 |
466.0 |
426.5 |
466.0 |
(1) Adjusted net earnings attribuable to common shareholders and adjusted net earnings per common share are non-IFRS financial measures. Refer to the "Non-IFRS Financial Measures and Presentation" section of the Corporation’s most recent Management’s Discussion and Analysis for the definition of non-IFRS financial measures and their reconciliation with IFRS financial measures.
(2) Following the reorganization announcement, a dividend of $0.4050 was declared in the fourth quarter of 2019, payable March 31, 2020.
|
As at and for the years ended December 31 [in millions of Canadian dollars, except as otherwise noted] |
2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|
|
Consolidated Balance Sheets |
|||||
|
Cash and cash equivalents |
6,805 |
6,441 | 5,903 | 5,182 |
5,085 |
|
Total assets |
477,250 |
452,303 | 445,521 | 422,724 |
422,859 |
|
Shareholders’ equity |
14,174 |
15,118 | 14,615 | 13,864 |
13,978 |
|
Consolidated Statements of Earnings |
|||||
|
Revenues |
|||||
|
Total net premiums |
24,489 |
35,440 | 33,880 | 31,125 |
24,501 |
|
Net investment income |
13,442 |
3,069 | 8,074 | 10,335 |
4,869 |
|
Fee income |
10,081 |
8,776 | 8,510 | 7,794 |
7,692 |
| Other revenues |
829 |
813 | 898 | 1,496 |
1,203 |
| Total revenues |
48,841 |
48,098 | 51,362 | 50,750 |
38,265 |
|
Expenses |
|||||
|
Total paid or credited to policyholders |
33,091 |
32,068 | 35,643 | 34,675 |
22,842 |
|
Commissions |
3,480 |
3,512 | 3,712 | 3,590 |
3,133 |
|
Operating and administrative expenses |
8,341 |
8,175 | 8,132 | 8,023 |
7,239 |
|
Financing charges |
544 |
462 | 512 | 490 |
480 |
|
Total expenses |
45,456 |
44,217 | 47,999 | 46,778 |
33,694 |
|
Earnings before investments in jointly controlled corporations and associates, and income taxes |
3,385 |
3,881 | 3,363 | 3,972 |
4,571 |
|
Share of earnings (losses) of investments in jointly controlled corporations and associates |
212 |
164 | 214 | (122) |
213 |
|
Earnings before income taxes |
3,597 |
4,045 | 3,577 | 3,850 |
4,784 |
|
Income taxes |
554 |
578 | 543 | 587 |
685 |
|
Net earnings |
3,043 |
3,467 | 3,034 | 3,263 |
4,099 |
|
Attributable to |
|||||
|
Non-controlling interests |
1,883 |
2,128 | 1,696 | 2,129 |
2,261 |
|
Non-participating shareholders |
52 |
52 | 52 | 52 |
52 |
|
Participating shareholders |
1,108 |
1,287 | 1,286 | 1,082 |
1,786 |
|
3,043 |
3,467 | 3,034 | 3,263 |
4,099 |
|
|
Per share |
|||||
|
Net earnings attributable to participating shareholders |
2.53 |
2.77 | 2.77 | 2.33 |
3.86 |
|
Adjusted net earnings attributable to participating shareholders(1) |
3.00 |
3.09 | 3.36 | 2.64 |
3.40 |
|
Dividends declared on participating shares |
2.00 |
1.50 | 1.41 | 1.32 |
1.22 |
|
Book value per participating share |
30.98 |
30.38 | 29.40 | 27.84 |
28.08 |
|
Market price (Participating shares) |
|||||
|
High |
34.42 |
32.56 | 33.68 | 31.03 |
34.57 |
|
Low |
24.47 |
23.57 | 28.65 | 26.77 |
27.15 |
|
Year-end |
33.45 |
24.53 | 32.37 | 30.05 |
28.94 |
(1) Adjusted net earnings attribuable to participating shareholders per share is a non-IFRS financial measure. Refer to the "Non-IFRS Financial Measures and Presentation" section of the Corporation's most recent Management's Discussion and Analysis for the definition of non-IFRS financial measures and their reconciliation with IFRS financial measures.
