SEDAR Interim Financial Statements

[
  {
    "companyName": "SAGICOR FINANCIAL COMPANY LTD.",
    "reportingPeriodEnd": "2025-09-30",
    "reportStatus": "Unaudited",
    "auditorName": null,
    "auditorKeyMatters": [],
    "balanceSheet": {
      "cash": 506536,
      "restrictedCash": 113057,
      "financialInvestments": 18651558,
      "financialInvestmentsRepledged": 886055,
      "reinsuranceContractAssets": 2920740,
      "insuranceContractAssets": 8203,
      "miscellaneousAssetsAndReceivables": 293635,
      "incomeTaxAssets": 301219,
      "associatesAndJointVentures": 71216,
      "intangibleAssets": 83235,
      "investmentProperty": 72982,
      "propertyPlantAndEquipment": 216951,
      "segregatedFundsAssets": 449531,
      "totalAssets": 24574918,
      "accountsPayableAndAccruedLiabilities": 288765,
      "incomeTaxLiabilities": 20052,
      "investmentContractLiabilities": 469349,
      "reinsuranceContractLiabilities": 12439,
      "insuranceContractLiabilities": 17474975,
      "depositAndSecurityLiabilities": 3316409,
      "leaseLiabilities": 58001,
      "notesAndLoansPayable": 976426,
      "otherLiabilities": 72323,
      "insuranceContractLiabilitiesOnAccountOfSegregatedFundPolicyholders": 449531,
      "totalLiabilities": 23138270,
      "shareCapital": 1354,
      "sharePremium": 700726,
      "reserves": -119551,
      "retainedEarnings": 466657,
      "totalShareholdersEquity": 1049186,
      "nonControllingInterests": 387462,
      "totalEquity": 1436648,
      "totalCurrentAssets": null,
      "totalCurrentLiabilities": null,
      "cashPerShare": 3.731,
      "workingCapitalPerShare": null
    },
    "incomeStatement": {
      "insuranceRevenue": 1103444,
      "insuranceServiceExpenses": -782354,
      "netExpenseFromReinsuranceContractsHeld": -129016,
      "insuranceServiceResult": 192074,
      "gainOnDerecognitionOfAmortisedCostInvestments": 6,
      "gainLossOnDerecognitionOfAssetsCarriedAtFvtoci": 16,
      "interestIncomeEarnedFromFinancialAssetsMeasuredAtAmortisedCostAndFvtoci": 197472,
      "creditImpairmentLoss": -6564,
      "netGainOnFvtplInvestments": 957840,
      "otherInvestmentIncome": 5762,
      "netInvestmentIncome": 1154532,
      "financeExpensesFromInsuranceContractsIssued": -900375,
      "financeIncomeFromReinsuranceContractsHeld": 58344,
      "netInsuranceFinanceExpenses": -842031,
      "netInvestmentResultBeforeSegregatedFunds": 312501,
      "netInvestmentIncomeForSegregatedFunds": 42575,
      "financeExpensesFromInsuranceContractsIssuedForSegregatedFunds": -42575,
      "netInvestmentResultForSegregatedFunds": 0,
      "totalInvestmentResult": 312501,
      "netInsuranceAndInvestmentResult": 504575,
      "gainLossArisingOnDivestiture": 0,
      "feesAndOtherIncome": 99621,
      "shareOfIncomeOfAssociatesAndJointVentures": 4302,
      "otherOperatingExpenses": -269630,
      "otherInterestAndFinanceCosts": -153763,
      "incomeBeforeTaxes": 185105,
      "incomeTaxes": -60811,
      "netIncomeForThePeriod": 124294,
      "netIncomeAttributableToCommonShareholders": 81326,
      "netIncomeAttributableToNonControllingInterests": 42968,
      "basicEarningsPerCommonShareCents": 59.9,
      "fullyDilutedEarningsPerCommonShareCents": 58.2
    },
    "cashFlowStatement": {
      "operatingActivities": {
        "incomeBeforeTaxes": 185105,
        "adjustmentsForNonCashItemsInterestAndDividends": 111128,
        "interestAndDividendsReceived": 421972,
        "interestPaid": -135969,
        "incomeTaxesPaid": -35659,
        "netChangeInInvestments": -978413,
        "netChangeInOperatingAssets": 116173,
        "netChangeInOperatingLiabilities": 416301,
        "netCashFlowsOperatingActivities": 100638
      },
      "investingActivities": {
        "propertyPlantAndEquipmentNet": -6252,
        "associatesAndJointVentures": -575,
        "dividendsReceivedFromAssociatesAndJointVentures": 2476,
        "intangibleAssetsNet": -3557,
        "netCashFlowsInvestingActivities": -7908
      },
      "financingActivities": {
        "repurchaseOfCommonShares": -3123,
        "movementInTreasuryShares": 29,
        "sharesIssuedToNonControllingInterest": 1294,
        "notesAndLoansPayableNet": 3685,
        "leaseLiabilityPrincipalPaid": -6906,
        "dividendsPaidToCommonShareholders": -27483,
        "dividendsPaidToNonControllingInterests": -9664,
        "netCashFlowsFinancingActivities": -42168
      },
      "effectOfExchangeRateChanges": -3642,
      "netChangeInCashAndCashEquivalents": 46920,
      "cashAndCashEquivalentsBeginningOfPeriod": 927709,
      "cashAndCashEquivalentsEndOfPeriod": 974629
    },
    "investmentsAndOtherAssets": [
      {
        "type": "Financial Investments",
        "description": "Financial investments at fair value and amortised cost",
        "ownershipPercentage": null,
        "value": 18651558,
        "notes": "Includes debt securities, equity securities, mortgage loans, finance loans, deposits, and derivative instruments."
      },
      {
        "type": "Associates and Joint Ventures",
        "description": "Investments in associates and joint ventures",
        "ownershipPercentage": null,
        "value": 71216,
        "notes": ""
      },
      {
        "type": "Investment Property",
        "description": "Investment property held at fair value",
        "ownershipPercentage": null,
        "value": 72982,
        "notes": "Valued using Level 3 inputs (independent valuations)."
      }
    ],
    "shareStructure": {
      "authorizedShares": null,
      "issuedShares": null,
      "classesOfShares": [
        "Common"
      ],
      "warrants": [],
      "options": [],
      "rightsConvertibleInstruments": null
    },
    "managementCompensation": {
      "currency": "USD",
      "periods": {},
      "namedIndividuals": [],
      "otherRelatedPartyTransactions": []
    },
    "subsequentEvents": [
      {
        "eventDate": "2025-11-12",
        "description": "Board of Directors declared a quarterly dividend of US $0.0675 per common share payable on December 16, 2025.",
        "impactValue": null
      },
      {
        "eventDate": "2025-10-28",
        "description": "Hurricane Melissa impacted the northern Caribbean, including Jamaica. The Group expects to be impacted through increased P&C claims net of reinsurance and expected credit losses. No reliable estimates of financial loss or economic impact are yet available.",
        "impactValue": null
      }
    ]
  }
]