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About BF&M |
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Home > About > Consolidated Balance Sheet
Consolidated Balance Sheet
As at December 31, 2002
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31-Dec-02 |
31-Dec-01 |
| Assets |
$ |
$ |
| Cash
and deposits |
13,360,691 |
19,312,690 |
| Accounts
receivable and other reinsurers share of provisions for: |
15,153,776 |
15,073,079 |
- Unpaid
claims
- Unearned
premiums
|
1,476,291
7,304,699 |
3,757,164
6,055,881 |
Segregated
accounts with a guaranteed return
|
40,025,950
|
39,458,611 |
| Investments |
112,878,776
|
101,376,154 |
| Fixed
assets |
19,720,321
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19,737,798 |
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| Total
Assets |
209,920,504
|
204,771,377 |
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| Liabilities |
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| Provision
for claims and future policy benefits |
66,696,202 |
67,369,324 |
| Provision
for participating policy benefits |
1,643,228 |
2,201,246 |
| Unearned
premiums and deferred commission income |
15,922,624 |
13,366,822 |
| Segregated
accounts with a guaranteed return |
40,025,950 |
39,458,611 |
| Accounts
payable |
13,479,566 |
9,935,618 |
| Deferred
revenue |
1,002,033 |
1,176,283 |
| Loan
payable |
5,358,656 |
11,599,645 |
| Minority
interest in subsidiary |
6,914,548 |
7,031,654 |
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| Total
Liabilities |
151,042,807 |
152,139,203 |
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