MANULIFE FINANCIAL CORPMFC

Market cap

P/E ratio

	Dec 31, 2017	Dec 31, 2018	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023
Cash and cash equivalents	15,965	16,215	20,300	26,167	22,594	19,153	20,338
Debt securities	174,000	185,594	198,122	218,724	224,139	203,904	212,149
Public equities	21,545	19,179	22,851	23,722	28,067	23,519	25,531
Private placements	32,132	35,754	37,979	40,756	42,842	47,057	45,606
Loans to Bank clients	1,737	1,793	1,740	1,976	2,506	2,781	2,436
Real estate	13,810	12,777	12,928	12,832	13,233	13,272	13,049
Other invested assets	24,483	27,543	28,760	30,195	35,306	42,783	45,680
Total invested assets	334,222	353,664	378,527	410,977	427,098	414,001	417,210
Accrued investment income	-	-	-	-	2,641	2,813	2,678
Derivatives (note 4)	15,569	13,703	19,449	27,793	17,503	8,588	8,546
Insurance contract assets (note 6)	-	-	-	-	-	-	145
Reinsurance contract held assets (note 6)	-	-	-	-	-	-	42,651
Deferred tax assets	4,569	4,318	4,574	4,842	5,254	5,423	6,739
Intangible assets and goodwill	9,840	10,097	9,975	9,929	9,915	10,519	10,310
Miscellaneous	7,337	8,431	8,250	9,569	9,571	9,875	9,751
Total other assets	71,004	83,398	87,495	101,936	90,757	86,378	80,820
Segregated funds net assets (note 22)	324,307	313,209	343,108	367,436	399,788	348,562	377,544
Total assets	729,533	750,271	809,130	880,349	917,643	848,941	875,574
Insurance contracts that are liabilities	-	-	-	-	-	-	367,996
Reinsurance contract held liabilities (note 6)	-	-	-	-	48	38	2,831
Investment contracts liabilities	3,126	3,265	3,104	3,288	3,117	3,248	11,816
Deposits from customers	18,131	19,684	21,488	20,889	20,720	22,507	21,616
Derivatives (note 4)	7,822	7,803	10,284	14,962	10,038	14,289	11,730
Deferred tax liabilities	1,281	1,814	1,972	2,614	2,769	2,774	1,697
Other liabilities	14,926	15,190	16,244	18,607	18,205	17,421	18,879
Long-term debt (note 9)	4,785	4,769	4,543	6,164	4,882	6,234	6,071
Debt instruments issued	8,387	8,732	7,120	7,829	6,980	6,122	6,667
Total liabilities, excluding those for account of segregated fund holders	-	-	-	-	-	-	449,303
Total liabilities	687,370	703,120	759,024	827,343	858,774	792,562	826,847
Preferred shares and other equity	-	-	-	-	6,381	6,660	6,660
Common shares	22,989	22,961	23,127	23,042	23,093	22,178	21,527
Contributed surplus	277	265	254	261	262	238	222
Retained earnings	10,083	12,704	15,488	18,887	23,492	27,010	4,819
Insurance finance income (expenses)	-	-	-	-	-	-	30,010
Reinsurance finance income (expenses)	-	-	-	-	-	-	-4,634
Fair value through other comprehensive income (“OCI”) investments	-	-	-	-	-	-	-16,262
Total	4,381	7,010	5,398	4,993	4,579	6,514	4,801
Other	-	-	-	-	-	-	-104
Total shareholders and other equity holders’ equity	41,013	45,964	49,138	52,335	58,408	56,061	47,039
Participating Policyholders Equity	221	94	-243	-784	-1,233	-1,346	257
Non-controlling interests	929	1,093	1,211	1,455	1,694	1,664	1,431
Preferred shares and other equity	-	-	-	-	6,381	6,660	6,660
Common shares	22,989	22,961	23,127	23,042	23,093	22,178	21,527
Total equity	42,163	47,151	50,106	53,006	58,869	56,379	48,727
Total liabilities and equity	729,533	750,271	809,130	880,349	917,643	848,941	875,574