Summary - Funding Rounds

Founding Date

1891

The Great-West Life Assurance Company Revenue Breakdown

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The Great-West Life Assurance Company revenue breakdown by business segment: 11.2% from Individual Customer, 25.9% from Group Customer, 60.5% from Europe/Reinsurance and 2.4% from Other

The Great-West Life Assurance Company Income Statement

Annual

CADFY, 2015FY, 2016FY, 2017

Revenue

27.0b37.5b38.6b

Revenue growth, %

39%3%

General and administrative expense

642.0m689.0m705.0m

Operating expense total

4.5b5.1b5.2b

Depreciation and amortization

130.0m149.0m159.0m

Interest expense

48.0m50.0m52.0m

Pre tax profit

3.2b3.2b2.7b

Income tax expense

343.0m357.0m224.0m

Net Income

2.8b2.9b2.5b

The Great-West Life Assurance Company Balance Sheet

Annual

CADFY, 2015FY, 2016FY, 2017

Cash

2.2b2.5b2.6b

Current Assets

120.8b120.8b126.7b

PP&E

207.0m215.0m210.0m

Goodwill

5.7b5.8b6.0b

Total Assets

318.8b318.2b341.4b

Accounts Payable

1.0b1.4b1.7b

Total Debt

611.0m869.0m602.0m

Total Liabilities

297.4b297.0b318.8b

Common Stock

8.5b8.5b8.9b

Retained Earnings

8.9b9.8b10.6b

Total Equity

21.5b21.2b22.6b

Debt to Equity Ratio

0 x0 x0 x

Debt to Assets Ratio

0 x0 x0 x

Financial Leverage

14.9 x15 x15.1 x

The Great-West Life Assurance Company Cash Flow

Annual

CADFY, 2015FY, 2016FY, 2017

Net Income

2.8b2.9b2.5b

Cash From Operating Activities

3.6b4.0b5.6b

Cash From Investing Activities

(1.8b)(2.2b)(4.0b)

Dividends Paid

(1.8b)(1.8b)(1.6b)

Cash From Financing Activities

(1.8b)(1.5b)(1.5b)

Net Change in Cash

250.0m226.0m161.0m

Interest Paid

46.0m47.0m52.0m

The Great-West Life Assurance Company Operating Metrics

FY, 2015FY, 2016FY, 2017May, 2018

Assets Under Administration

$56.98 b$54.86 b$53.53 b

Assets Under Management

$353.08 b$365.57 b$395.71 b

Assets Under Management and Administration

$410.06 b$420.43 b$449.24 b

Benefits Paid to Customers

$9.40 b$9.10 b

Customers

13 m13 m13 m

Insurance Contract Liabilities

$124 b$120.72 b$124.69 b

Policyholder Deposits

$17.30 b$17.75 b$21.75 b

Premiums (Insurance)

$24.79 b$30.24 b$34.44 b

The Great-West Life Assurance Company Employee Rating

3.4314 votes
Culture & Values
3.3
Work/Life Balance
3.5
Senior Management
3.0
Salary & Benefits
3.4
Career Opportunities
3.1
Source