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AS AT DECEMBER 31

2016 Consolidated Balance Sheet
(in thousands of dollars) Notes 2016 2015
ASSETS
Cash and cash equivalents   $ 189,553 $ 89,010
Restricted cash 25   43,500   -
Investments 5   3,914,500   4,064,932
Accrued investment income     14,597   15,892
Premiums receivable     648,022   601,161
Income taxes receivable     45,913   16,098
Reinsurance receivable and recoverable 7,9   104,691   81,708
Deferred policy acquisition expenses 7   216,700   207,837
Property and equipment 10   39,083   38,632
Deferred income tax assets 11   27,349   41,082
Goodwill and intangible assets 12   167,080   131,575
Other assets 13   69,629   57,129
    $ 5,480,617 $ 5,345,056
LIABILITIES AND EQUITY
Unearned premiums 7 $ 1,077,303 $ 1,022,339
Claim liabilities 7,8   2,399,254   2,309,265
Accounts payable and other liabilities 15   200,978   234,467
      3,677,535   3,566,071
EQUITY
Retained earnings     1,744,539   1,762,205
Accumulated other comprehensive income     58,543   16,780
Total equity 18   1,803,082   1,778,985
    $ 5,480,617 $ 5,345,056
Commitments and contingencies 20        

See accompanying notes.

On behalf of the Board:

John Bowey signature
J.H. Bowey, Director
R.B. Saunders signature
R.B. Saunders, Director