b'COMBINED FINANCIAL OVERVIEW(CONT.)As at December 31, 20242024 2023$ $(in thousands of Canadian dollars)ASSETSInvestments, loans and cash 1,861,000 1,625,000Tangible capital and intangible assets 89,000 75,000Right-of-use assets 53,000 54,000Assets under reinsurance treaties held 27,000 59,000Other assets 56,000 46,0002,086,000 1,859,000LIABILITIESLiabilities under insurance contracts 577,000 565,000Accounts payable 54,000 45,000Lease obligations 58,000 55,000Other liabilities 24,000 61,000713,000 726,000EQUITYCapital, reserves, and retained earnings 1,373,000 1,133,0002,086,000 1,859,000rt o Rep l a u n n A 334 2 0 2 |'