Phoenix Group Holdings plc (LON:PHNX)

Phoenix Group Holdings Balance Sheet

Financials in millions GBP. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Debt Securities	86,859	-	-	79,182	100,547	105,971
Investments in Equity & Preferred Securities	98,196	96,355	87,977	77,066	87,412	83,034
Other Investments	79,675	166,267	167,797	75,389	85,995	89,248
Total Investments	273,927	274,387	266,724	243,366	288,018	295,745
Cash & Equivalents	9,977	198	174	242	405	414
Reinsurance Recoverable	15,098	14,452	14,548	13,136	18,638	19,242
Other Receivables	4,098	1,734	1,592	1,585	1,703	1,937
Deferred Policy Acquisition Cost	1,531	1,744	1,994	2,184	4,431	5,094
Property, Plant & Equipment	73	91	106	125	130	119
Goodwill	10	10	10	10	10	57
Other Intangible Assets	130	128	106	112	232	171
Restricted Cash	-	11,250	8,722	12,295	9,665	11,192
Other Current Assets	4,708	3,499	5,033	7,608	10,319	343
Long-Term Deferred Tax Assets	209	146	143	158	-	-
Other Long-Term Assets	210	218	241	219	248	11
Total Assets	309,971	307,857	299,393	281,040	333,799	334,325
Accrued Expenses	465	566	564	494	525	459
Insurance & Annuity Liabilities	115,175	115,949	115,874	107,615	132,529	137,344
Reinsurance Payable	-	-	-	-	3,712	4,214
Current Portion of Long-Term Debt	-	287	90	62	467	322
Current Portion of Leases	-	13	9	11	10	11
Current Income Taxes Payable	20	21	41	34	19	-
Long-Term Debt	3,414	5,940	6,090	8,227	4,260	4,343
Long-Term Leases	52	51	65	81	89	73
Long-Term Deferred Tax Liabilities	266	198	320	309	1,399	1,036
Other Current Liabilities	180,828	179,625	168,808	155,665	179,884	174,177
Other Long-Term Liabilities	6,693	1,605	1,148	1,680	905	2,356
Total Liabilities	308,179	305,611	295,608	276,803	327,030	326,453
Common Stock	100	100	100	100	100	100
Additional Paid-In Capital	18	16	16	10	6	4
Retained Earnings	-61	375	715	1,162	3,775	4,970
Comprehensive Income & Other	1,205	1,216	2,405	2,433	2,428	2,457
Total Common Equity	1,262	1,707	3,236	3,705	6,309	7,531
Minority Interest	530	539	549	532	460	341
Shareholders' Equity	1,792	2,246	3,785	4,237	6,769	7,872
Total Liabilities & Equity	309,971	307,857	299,393	281,040	333,799	334,325
Filing Date Shares Outstanding	1,002	998.31	998.92	998.28	997.67	998.28
Total Common Shares Outstanding	1,002	998.26	998.91	998.26	997.65	998.28
Total Debt	3,466	6,291	6,254	8,381	4,826	4,749
Net Cash (Debt)	6,511	-6,093	-6,080	-8,139	-4,421	-4,335
Net Cash Per Share	6.50	-6.09	-6.06	-8.15	-4.43	-5.12
Book Value Per Share	1.26	1.22	2.74	3.71	6.32	7.54
Tangible Book Value	1,122	1,569	3,120	3,583	6,067	7,303
Tangible Book Value Per Share	1.12	1.08	2.63	3.59	6.08	7.32
Machinery	-	82	75	67	59	54

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.