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v3.22.4

Consolidated Statements of Financial Position - CAD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021
--- | --- | ---
Assets |  |
Cash and short-term securities | $ 19,153 | $ 22,594
Debt securities | 203,904 | 224,139
Public equities | 23,519 | 28,067
Mortgages | 54,638 | 52,014
Private placements | 47,057 | 42,842
Policy loans | 6,894 | 6,397
Loans to Bank clients | 2,781 | 2,506
Real estate | 13,272 | 13,233
Other invested assets | 42,783 | 35,306
Total invested assets (note 4) | 414,001 | 427,098
Other assets |  |
Accrued investment income | 2,813 | 2,641
Outstanding premiums | 1,448 | 1,294
Derivatives (note 5) | 8,588 | 17,503
Reinsurance assets (notes 7 and 8) | 47,712 | 44,579
Deferred tax assets (note 17) | 5,423 | 5,254
Goodwill and intangible assets (note 6) | 10,519 | 9,915
Miscellaneous | 9,875 | 9,571
Total other assets | 86,378 | 90,757
Segregated funds net assets (note 23) | 348,562 | 399,788
Total assets | 848,941 | 917,643
Liabilities |  |
Insurance contract liabilities (note 7) | 371,405 | 392,275
Investment contract liabilities (note 8) | 3,248 | 3,117
Deposits from Bank clients | 22,507 | 20,720
Derivatives (note 5) | 14,289 | 10,038
Deferred tax liabilities (note 17) | 2,774 | 2,769
Other liabilities | 17,421 | 18,205
Financial liabilities | 431,644 | 447,124
Long-term debt (note 10) | 6,234 | 4,882
Capital instruments (note 11) | 6,122 | 6,980
Segregated funds net liabilities (note 23) | 348,562 | 399,788
Total liabilities | 792,562 | 858,774
Equity |  |
Contributed surplus | 238 | 262
Shareholders' and other equity holders' retained earnings | 27,010 | 23,492
Shareholders' accumulated other comprehensive income (loss) ("AOCI"): |  |
Pension and other post-employment plans | (97) | (114)
Available-for-sale securities | (6,472) | 848
Cash flow hedges | 8 | (156)
Real estate revaluation reserve | 22 | 23
Translation of foreign operations | 6,514 | 4,579
Total shareholders' and other equity | 56,061 | 58,408
Participating policyholders' equity | (1,346) | (1,233)
Non-controlling interests | 1,664 | 1,694
Total equity | 56,379 | 58,869
Total liabilities and equity | 848,941 | 917,643
Preferred shares and other equity [Member] |  |
Equity |  |
Issued shares (note 12) | 6,660 | 6,381
Shareholders' accumulated other comprehensive income (loss) ("AOCI"): |  |
Total equity | 6,660 | 6,381
Common shares [Member] |  |
Equity |  |
Issued shares (note 12) | 22,178 | 23,093
Shareholders' accumulated other comprehensive income (loss) ("AOCI"): |  |
Total equity | $ 22,178 | $ 23,093

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- Definition The amount of equity in a subsidiary not attributable, directly or indirectly, to a parent. [Refer: Subsidiaries [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 12 -IssueDate 2022-03-24 -Paragraph 12 -Subparagraph f -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=12&code=ifrs-tx-2022-en-r&anchor=para_12_f&doctype=Standard -URIDate 2022-03-24 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 10 -IssueDate 2022-03-24 -Paragraph 22 -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=10&code=ifrs-tx-2022-en-r&anchor=para_22&doctype=Standard -URIDate 2022-03-24 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 1 -IssueDate 2022-03-24 -Paragraph 54 -Subparagraph q -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2022-en-r&anchor=para_54_q&doctype=Standard -URIDate 2022-03-24 + Details
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- Definition The amount of a cedant’s net contractual rights under a reinsurance contract. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Note Expiry date 2023-01-01 -Name IFRS -Number 4 -IssueDate 2022-03-24 -Paragraph 37 -Subparagraph e -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=4&code=ifrs-tx-2022-en-b&anchor=para_37_e&doctype=Standard&book=b -URIDate 2022-03-24 + Details
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