← 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 TTM
Cash flows from operating activities:
Net Income — — — — — — $3.0b
$3.3b +10.55%
$3.2b -5.15%
$3.7b +18.10%
$4.6b +21.84%
Net Income From Continuing Operations — — — — — — $3.6b $3.9b $4.3b $4.8b $4.6b
Profit or Loss $2.8b $2.5b $2.9b $2.9b $2.8b $4.4b $3.3b $3.5b $3.3b $3.8b —
Adjustments For Deferred Tax Of Prior Periods $14.0m ($10.0m) ($9.0m) ($24.0m) $48.0m ($8.0m) $48.0m ($172.0m) $203.0m $51.0m —
Change In Working Capital — — — — — — ($24.3b) $7.1b $2.4b $3.6b $5.0b
Other operating activities ($594.0m) $439.0m ($377.0m) $383.0m $1.9b ($944.0m) ($1.2b) $5.2b $5.4b $7.5b —
Capital Expenditure — $182.0m $85.0m $114.0m $158.0m ($81.0m) $81.0m ($172.0m) ($143.0m) ($145.0m) ($131.0m)
Net (purchase) sale of property and equipment ($131.0m) ($182.0m) ($85.0m) ($114.0m) ($158.0m) ($81.0m) $71.0m ($172.0m) ($143.0m) ($145.0m) —
Proceeds From Sales Of Property Plant And Equipment Classified As Investing Activities — — — — — — $71.0m — — — —
Adjustments For Gain Loss On Disposal Of Investments In Subsidiaries Joint Ventures And Associates — — — — — $9.0m $0 — — — —
Acquisitions, net of cash and cash equivalents acquired ($1.3b) ($61.0m) $0 ($167.0m) ($469.0m) ($412.0m) ($2.6b) ($439.0m) $0 $25.0m —
Net Other Investing Changes — — — — — — ($259.0m) ($202.0m) ($337.0m) ($211.0m) ($245.0m)
Other investing activities ($100.0m) ($11.0m) ($165.0m) ($213.0m) ($287.0m) ($663.0m) ($259.0m) ($202.0m) ($337.0m) ($211.0m) —
Net cash provided by (used in) investing activities ($1.9b) ($339.0m) ($280.0m) ($430.0m) ($886.0m) ($803.0m) ($2.9b) ($559.0m) ($337.0m) ($320.0m) ($346.0m)
Increase in (repayment of) borrowings from credit facility — — — $73.0m $275.0m $108.0m $1.8b $141.0m ($340.0m) ($308.0m) —
Issuance Of Debt — — — — — — $646.0m $497.0m $769.0m $2.0b $2.8b
Issuance of subordinated debt, net of issuance costs $1.3b $398.0m $0 $747.0m $1.7b $2.0b $646.0m $497.0m $746.0m $2.0b —
Long Term Debt Issuance — — — — — — $646.0m $497.0m $769.0m $2.0b $2.8b
Long Term Debt Payments — — — — — — ($570.0m) ($1.2b) ($925.0m) ($180.0m) $157.0m
Net Issuance Payments Of Debt — — — — — — $1.9b ($610.0m) ($496.0m) $1.5b $2.7b
Net Long Term Debt Issuance — — — — — — $76.0m ($751.0m) ($156.0m) $1.8b $3.0b
Net Short Term Debt Issuance — — — — — — $1.8b $141.0m ($340.0m) ($308.0m) $216.0m
Redemption of senior debentures and subordinated debt ($950.0m) ($800.0m) ($400.0m) ($1.1b) ($500.0m) ($650.0m) ($400.0m) ($1.0b) ($750.0m) $0 —
Repayment Of Debt — — — — — — ($570.0m) ($1.2b) ($925.0m) ($180.0m) $157.0m
Common Stock Payments — — — — — — $0 ($186.0m) ($855.0m) ($1.7b) ($872.0m)
Issuance Of Capital Stock — — — — — $987.0m $0 — — — —
Net Common Stock Issuance — — — — — — $0 ($186.0m) ($855.0m) ($1.7b) ($872.0m)
Repurchase Of Capital Stock — — — — — — $0 ($186.0m) ($855.0m) ($1.7b) ($872.0m)
Cash Dividends Paid — — — — — — ($1.7b) ($1.9b) ($2.0b) ($2.1b) ($2.1b)
Dividends Paid Classified As Financing Activities $1.1b $1.2b $1.2b $1.3b $1.4b $1.4b $1.7b $1.9b $2.0b $2.1b ($2.1b)
Dividends Paid Ordinary Shares Per Share $1.62 $1.75 $1.91 $2.10 $2.20 $2.31 $2.76 $3.00 $3.24 $3.52 ($2,135,000,000.00)
Dividends Received CFI — — — — — — $27.0m $32.0m $160.0m $55.0m $49.0m
Dividends and other proceeds related to joint ventures and associates $20 $36 $34 $45 $29 $382 $27 $32 $160 $55 —
Dividends paid on common and preferred shares ($1k) ($1k) ($1k) ($1k) ($1k) ($1k) ($2k) ($2k) ($2k) ($2k) ($2.1b)
Net Other Financing Charges — — — — — — $2.0m ($52.0m) ($223.0m) ($78.0m) ($2.4b)
Net cash provided by (used in) financing activities ($1.5b)
($2.0b) -30.85%
($2.6b) -27.09%
($2.4b) +5.07%
($2.3b) +5.09%
($260.0m) +88.75%
($71.0m) +72.69%
($3.1b) -4246.48%
($3.9b) -25.79%
($2.6b) +32.10%
($3.1b) -18.51%
Increase (decrease) in cash and cash equivalents ($3.0m) ($553.0m) $1.2b ($509.0m) $4.0b ($3.0b) $1.7b $1.8b ($1.2b) ($355.0m) —
Beginning Cash Position — — — — — — $7.7b $9.4b $11.2b $10.0b $7.5b
Net cash and cash equivalents, beginning of year $6.5b $6.0b $7.2b $6.7b $10.6b $7.7b $9.4b $11.2b $10.0b $9.6b —
Changes due to fluctuations in exchange rates ($235.0m) ($179.0m) $250.0m ($190.0m) ($92.0m) ($35.0m) $302.0m ($169.0m) $471.0m ($198.0m) —
Effect Of Exchange Rate Changes — — — — — — $302.0m ($169.0m) $471.0m ($198.0m) $167.0m
Additional Supplementary Disclosures
Additional Supplementary Disclosures
(Decrease) increase in investment contract liabilities — — — — — — $152.0m $331.0m $393.0m $323.0m —
Additional Financial Items
Adjustments For Current Tax Of Prior Period ($37.0m) $25.0m ($1.0m) ($80.0m) $7.0m ($41.0m) ($67.0m) $159.0m ($209.0m) ($106.0m) —
Cash Flow From Continuing Financing Activities — — — — — — ($71.0m) ($3.1b) ($3.9b) ($2.6b) ($3.1b)
Cash Flow From Continuing Investing Activities — — — — — — ($2.9b) ($559.0m) ($337.0m) ($320.0m) ($346.0m)
Change In Cash Supplemental As Reported — — — — — — $1.7b $1.8b ($1.2b) ($355.0m) —
Change In Other Working Capital — — — — — — ($24.4b) $6.8b $2.0b $3.2b $4.7b
Changes In Cash — — — — — — $1.4b $2.0b ($1.7b) ($157.0m) $1.2b
Changes in insurance contract liabilities and assets — — — — — — ($25.0b) $6.8b $2.1b $3.2b —
Changes in reinsurance contract held assets and liabilities — — — — — — $593.0m $10.0m ($136.0m) $25.0m —
Common shares purchased for cancellation $0 ($175.0m) ($641.0m) ($592.0m) ($200.0m) $0 $0 ($186.0m) ($855.0m) ($1.7b) —
End Cash Position — — — — — — $9.4b $11.2b $10.0b $9.6b $8.7b
Financing Cash Flow — — — — — — ($71.0m)
($3.1b) -4246.48%
($3.9b) -25.79%
($2.6b) +32.10%
($3.1b) -18.51%
Free Cash Flow — — — — — — $4.3b $5.4b $2.4b $2.7b $4.5b
Gain Loss On Investment Securities — — — — — — $26.6b ($4.7b) $129.0m ($765.0m) ($2.1b)
Goodwill $5.3b $5.2b $5.4b $5.8b $6.1b $6.5b $8.7b $9.0b $9.5b $9.5b —
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 —
Income Taxes Paid Refund Classified As Operating Activities $310.0m $436.0m $307.0m $698.0m $690.0m $1.0b $795.0m $1.2b $1.1b $978.0m —
Increase in (repayment of) borrowed funds ($610.0m) ($45.0m) ($40.0m) $132.0m $81.0m $31.0m ($34.0m) ($72.0m) $23.0m $28.0m —
Interest Paid Classified As Financing Activities $245.0m $257.0m $271.0m $253.0m $205.0m $187.0m $270.0m $405.0m $389.0m $355.0m —
Interest expense related to financing activities $269.0m $247.0m $247.0m $249.0m $209.0m $186.0m $279.0m $408.0m $398.0m $363.0m —
Investing Cash Flow — — — — — — ($2.9b) ($559.0m) ($337.0m) ($320.0m) ($346.0m)
Investment in and transactions with joint ventures and associates ($366.0m) ($121.0m) ($64.0m) $19.0m ($1.0m) ($29.0m) ($69.0m) ($75.0m) ($17.0m) ($44.0m) —
Issuance of common shares on exercise of stock options $39.0m $15.0m $13.0m $23.0m $18.0m $36.0m $6.0m $49.0m $43.0m $37.0m —
Mortgage securitization $474.0m $214.0m $96.0m $264.0m $197.0m $95.0m $151.0m ($39.0m) ($265.0m) ($423.0m) —
Net Business Purchase And Sale — — — — — — ($2.7b) ($217.0m) ($17.0m) ($19.0m) ($19.0m)
Net PPE Purchase And Sale — — — — — — $71.0m ($172.0m) ($143.0m) ($145.0m) ($131.0m)
Net Preferred Stock Issuance — — — — — ($38.0m) $0 — — — —
Net cash, cash equivalents and short-term securities, end of year $8.5b $8.8b $9.4b $9.5b $13.5b $12.1b $11.2b $13.2b $13.7b $14.8b —
Operating Gains Losses — — — — — — $26.6b ($4.7b) $129.0m ($765.0m) ($2.1b)
Other Non Cash Items — — — — — — ($1.1b) $61.0m ($3.6b) ($4.2b) —
Payment of lease liabilities — — $0 ($125.0m) ($136.0m) ($143.0m) ($136.0m) ($176.0m) ($175.0m) ($180.0m) —
Payments Of Lease Liabilities Classified As Financing Activities — — — $125.0m $136.0m $143.0m $136.0m $176.0m $175.0m $180.0m —
Payments To Acquire Or Redeem Entitys Shares $0 $175.0m $641.0m $592.0m $200.0m $0 — $186.0m $855.0m $1.7b —
Preferred Stock Issuance — — — — — $987.0m $0 — — — —
Preferred Stock Payments — — — — — ($1.0b) $0 — — — —
Proceeds From Stock Option Exercised — — — — — — $6.0m $49.0m $43.0m $37.0m $63.0m
Purchase Of Business — — — — — — ($2.7b) ($514.0m) ($17.0m) ($44.0m) ($44.0m)
Purchases of invested assets ($49.8b) ($60.6b) ($65.4b) ($64.2b) ($81.7b) ($64.6b) ($57.2b) ($48.6b) ($61.3b) ($71.2b) —
Realized and unrealized (gains) losses and foreign currency changes on invested assets ($2.5b) ($2.8b) $3.3b ($7.3b) ($7.3b) $1.6b $17.7b ($4.7b) $129.0m ($765.0m) —
Sale Of Business — — — — — — $0 $297.0m $0 $25.0m $25.0m
Sales, maturities and repayments of invested assets $47.1b $56.0b $62.4b $59.2b $76.3b $55.2b $53.5b $43.5b $52.5b $60.0b —
Short-term securities, end of year $1.9b $2.8b $2.2b $2.9b $2.9b $4.5b $1.8b $2.0b $3.7b $5.2b —
Transactions with non-controlling interests ($46.0m) $0 — $0 ($5.0m) $19.0m ($25.0m) ($52.0m) ($223.0m) ($78.0m) —

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.