← SUN LIFE FINANCIAL INC

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $28.6b $29.3b $27.0b $39.7b $43.3b $35.7b $23.3b $40.9b $38.8b $41.9b
Revenues:
Revenue From Interest $4.9b $4.9b $5.1b $5.4b $5.3b $5.1b $5.6b $6.3b $6.8b $7.1b
Operating expenses and commissions — — — — $10.4b $11.8b $12.4b $8.0b $8.8b $9.0b
Additional Financial Items
Applicable Tax Rate $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Average Effective Tax Rate $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Decrease (increase) in investment contract liabilities — — — — — — ($152.0m) ($331.0m) ($393.0m) ($323.0m)
Fee income $5.6b $5.8b $6.0b $6.3b $6.9b $8.0b $8.0b $7.8b $8.6b $9.1b
Finance Income — — — — — — — $11.6b $7.4b $8.9b
Impairment Loss Recognised In Profit Or Loss Goodwill $0 $0 $0 $0 $0 $0 $170.0m $0 — $0
Impairment Loss Recognised In Profit Or Loss Intangible Assets Other Than Goodwill — — — $15.0m $11.0m $9.0m $18.0m — — —
Income (loss) before income taxes $3.4b $2.8b $3.5b $3.2b $3.3b $5.1b $3.9b $3.9b $4.3b $4.8b
Insurance revenue — — — — — — $18.9b $21.4b $22.6b $24.0b
Investment income (loss) on investments for account of segregated fund holders — — — — — — ($2.4b) $1.8b $2.3b $1.9b
Less: Dividends on preferred shares and distributions on other equity instruments — — — — $94 $101 $70 $79 $80 $79
Net insurance service result — — — — — — $2.3b $2.8b $3.1b $3.5b
Net investment income (loss) $7.9b $8.2b $2.4b $13.1b $12.7b $4.6b ($11.6b) $11.6b $7.4b $8.9b
Net investment result — — — — — — $1.4b $1.6b $1.9b $1.8b
Net investment result excluding result for account of segregated fund holders — — — — — — $1.4b $1.6b $1.9b $1.8b
Net investment result for insurance contracts for account of segregated fund holders — — — — — — $0 $0 $0 $0
Other income — — — — — — $0 ($169.0m) ($163.0m) $0
Parent Company $247.0m $223.0m $242.0m $196.0m — — — $169.0m $163.0m $0
Profit Loss Attributable To Noncontrolling Interests — ($1.0m) $0 $4.0m $11.0m $0 $56.0m $126.0m $128.0m $37.0m
Profit Loss Attributable To Owners Of Parent $2.6b $2.2b $2.6b $2.7b $2.5b $4.0b $3.1b $3.2b $3.1b $3.6b
Profit Loss Before Tax $3.4b $2.8b $3.5b $3.2b $3.3b $5.1b $3.9b $3.9b $4.3b $4.8b
Share Of Profit Loss Of Associates And Joint Ventures Accounted For Using Equity Method $69.0m $67.0m $91.0m $86.0m $51.0m $122.0m ($5.0m) $94.0m $19.0m $120.0m
Tax Rate Effect Of Foreign Tax Rates ($0) ($0) ($0) ($0) ($0) ($0) ($0) ($0) ($0) ($0)
Common shareholders' net income (loss) $2.5b $2.1b $2.5b $2.6b $2.4b $3.9b $3.1b $3.1b $3.0b $3.5b
Less: Net income (loss) allocated to the participating account — — $298.0m $230.0m $283.0m $335.0m $116.0m $178.0m $42.0m $194.0m
Net income (loss) attributable to non-controlling interests — ($1.0m) $0 $4.0m $11.0m $0 $56.0m $126.0m $128.0m $37.0m
Shareholders' net income (loss) $2.6b $2.2b $2.6b $2.7b $2.5b $4.0b $3.1b $3.2b $3.1b $3.6b
Total net income (loss) $2.8b $2.5b $2.9b $2.9b $2.8b $4.4b $3.3b $3.5b $3.3b $3.8b
Basic Earnings (Loss) Per Share $4.05 $3.51 $4.16 $4.42 $4.11 $6.72 $5.22 $5.27 $5.27 $6.17
Diluted Earnings (Loss) Per Share $4.03 $3.49 $4.14 $4.40 $4.10 $6.69 $5.21 $5.26 $5.26 $6.15
Expenses
Current Tax Expense (Income) $271.0m $445.0m $561.0m $620.0m $859.0m $964.0m $781.0m $1.2b $1.2b $1.2b
Deferred Tax Expense (Income) — — ($9.0m) ($9.0m) $1.0m $0 ($15.0m) ($24.0m) — —
Deferred Tax Expense (Income) Recognised In Profit Or Loss ($385.0m) $214.0m ($37.0m) $254.0m $371.0m $196.0m $93.0m $885.0m ($63.0m) $42.0m
Employee Benefits Expense $3.4b $3.7b $3.7b $4.1b $4.4b $5.1b $5.1b $6.1b $6.6b $6.9b
Expense From Share-Based Payment Transactions With Employees $362.0m $476.0m $346.0m $549.0m $540.0m $757.0m $227.0m $491.0m $610.0m $498.0m
Insurance finance income (expenses) — — — — — — $2.4b ($1.8b) ($2.3b) ($1.9b)
Insurance finance income (expenses) from insurance contracts issued — — — — — — $22.6b ($9.7b) ($5.1b) ($6.8b)
Insurance finance income (expenses) from reinsurance contracts held — — — — — — ($440.0m) $59.0m $51.0m $69.0m
Insurance service expenses — — — — — — ($16.5b) ($18.4b) ($19.6b) ($20.4b)
Other Employee Expense $40.0m $41.0m $39.0m $44.0m $26.0m $25.0m $34.0m $48.0m $42.0m $45.0m
Postemployment Benefit Expense Defined Benefit Plans $66.0m $68.0m $78.0m $82.0m $84.0m $77.0m $64.0m $49.0m $62.0m $54.0m
Postemployment Benefit Expense Defined Contribution Plans $106.0m $109.0m $120.0m $131.0m $144.0m $142.0m $160.0m $199.0m $206.0m $234.0m
Interest Expense $316.0m $303.0m $305.0m $333.0m $355.0m $327.0m $445.0m $552.0m $664.0m $526.0m
Interest expenses $316.0m $303.0m $305.0m $333.0m $355.0m $327.0m $445.0m $552.0m $664.0m $526.0m
Income Tax Expense Continuing Operations $619.0m $302.0m $597.0m $286.0m $495.0m $727.0m $621.0m $461.0m $1.0b $1.0b
Less: Income tax expense (benefit) $619.0m $302.0m $597.0m $286.0m $495.0m $727.0m $621.0m $461.0m $1.0b $1.0b
Reinsurance contract held net income (expenses) — — — — — — ($153.0m) ($69.0m) $85.0m ($94.0m)
Total other expenses (income) — — — — — — $7.5b $8.4b $9.3b $9.6b

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.