b'GROUPE PROMUTUEL FDRATION DE SOCITS MUTUELLES DASSURANCE GNRALECONSOLIDATED STATEMENT OF FINANCIAL POSITION(CONT.)As at December 31, 20242024 2023$ $(in thousands of Canadian dollars)LIABILITIESCurrent liabilitiesAccounts payable and accrued liabilities 26,597 26,199Liabilities related to Fonds de garantie 76 94Contract liabilities 1,566 706Short-term debt - 2,000Current portion of lease obligations 2,293 93830,532 29,937Contract liabilities 12 155Deferred income taxes 2,731 429Lease obligations 39,712 41,794Pension plan liabilities - 1,646Total liabilities 72,987 73,961EQUITYRetained earnings 29,204 18,126Accumulated other comprehensive income 9,742 4,854Total equity excluding Fonds de garantie 38,946 22,980Fonds de garantie capital 3,185 3,920Fonds de garantie general reserve 3,534 3,340Total equity related to Fonds de garantie 6,719 7,260 A n n u a l Rep o rt 93Total equity 45,665 30,240Total liabilities and equity 118,652 104,2014 2 0 2 |'