b'44 PROMUTUEL RASSURANCECONSOLIDATED STATEMENTOF FINANCIAL POSITIONAs at December 31, 20212021 2020$ $(in thousands of Canadian dollars)ASSETSCash and investmentsCash and cash equivalents 3,906 1,000Available-for-sale investments 297,294 281,272Loans 26,541 30,954Investment in an associate 14 14Investment in joint ventures 1,114 1,802328,869 315,042Accounts receivable 19,956 20,241Reinsurance and retrocession assetsClaims being settled 35,259 38,403Unearned premiums 11,117 8,61046,376 47,013Prepaid expenses 27 27Deferred premium acquisition costs 15,962 13,995Property and equipment 263 334Right-of-use assets 587 884Deferred tax 1,961 1,849Total assets 414,001 399,385A N N UA L R E P O R T 2021'