Balance Sheet

Cash & Short-Term Investments	39m
Insurance Receivable	609.6m
Deferred Policy Acquisition Cost	8.6m
Long-Term Investments	126m
Other Assets	44.9m

Insurance Policy Liabilities	740.7m
Long Term Debt	21m
Other Liabilities	29.9m

Currency: USD

	Dec-2013	Dec-2014	Dec-2015	Dec-2016	Dec-2017	Dec-2018	Dec-2019	Dec-2020	Dec-2021	Dec-2022
Assets
Cash & Cash Equivalents	36	35	31	71	40	35	23	24	32	32
Cash Equivalents	36	35	31	71	40	35	23	24	32	32
Total Receivables	7	3	1	2	2	0	0	0	0	0
Insurance Receivable	403	340	0	380	422	401	417	370	410	476
Deferred Policy Acquisition Cost	1	0	0	0	0	0	1	4	5	4
Total Current Assets	7	3	1	2	2	0	0	0	0	0
Intangible Assets	10	7	5	5	5	5	5	5	5	5
Goodwill	33	33	33	33	33	33	33	33	33	33
Long-Term Investments	196	156	111	87	87	142	131	77	106	100
Other Long-Term Assets	44	47	51	48	67	7	11	1	4	4
Other Assets	46	35	33	35	35	35	37	37	37	37
Total Assets	743 N/A	624 -16%	574 -8%	628 +9%	658 +5%	625 -5%	624 0%	517 -17%	598 +16%	658 +10%
Liabilities
Insurance Policy Liabilities	324	420	0	500	552	528	537	440	523	585
Accounts Payable	3	4	2	4	3	3	5	8	12	16
Short-Term Debt	0	0	0	0	0	0	0	0	0	0
Other Current Liabilities	1	1	1	1	1	1	1	1	1	1
Total Current Liabilities	4	6	4	5	4	3	6	9	13	17
Long-Term Debt	57	70	50	29	27	24	24	17	17	18
Deferred Income Tax	0	0	0	0	0	0	0	0	0	0
Minority Interest	9	6	6	6	6	6	6	6	6	5
Other Liabilities	92	69	36	25	16	14	3	2	3	3
Total Liabilities	679 N/A	571 -16%	508 -11%	566 +11%	604 +7%	575 -5%	576 +0%	474 -18%	561 +19%	628 +12%
Equity
Common Stock	2	4	4	4	5	5	5	5	5	5
Retained Earnings	177	139	122	130	141	144	147	152	158	159
Additional Paid In Capital	233	186	186	187	188	189	189	189	189	189
Other Equity	6	1	2	0	1	0	1	2	1	4
Total Equity	64 N/A	52 -18%	66 +26%	62 -6%	54 -14%	50 -7%	47 -5%	43 -9%	37 -15%	30 -18%
Total Liabilities & Equity	743 N/A	624 -16%	574 -8%	628 +9%	658 +5%	625 -5%	624 0%	517 -17%	598 +16%	658 +10%
Shares Outstanding
Common Shares Outstanding	0	0	0	0	0	0	0	0	0	0
Preferred Shares Outstanding	0	0	0	0	0	0	0	0	0	0

American Overseas Group Ltd
OTC:AOREF