Enstar Group Limited (ESGR) financial statements (2022 and earlier)

Company profile

Business Address P.O. BOX HM 2267, WINDSOR PLACE, 3RD FL.
HAMILTON, HM JX
State of Incorp.
Fiscal Year End December 31
SIC 6331 - Fire, Marine, and Casualty Insurance (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments3,641 1,4339,6676,9385,661
Cash and cash equivalents1,646 703602955955
Short-term investments1,995 7309,0655,9834,706
Total current assets:3,641 1,4339,6676,9385,661
Noncurrent Assets
Operating lease, right-of-use asset  47
Long-term investments and receivables493 326205  
Long-term investments493 326205  
Intangible assets, net (including goodwill)63 216219181185
Goodwill63 1151157373
Intangible assets, net (excluding goodwill)  102104108112
Deferred income tax assets  171
Total noncurrent assets:556 760423181185
Other undisclosed assets20,232 17,1706,4666,4887,020
TOTAL ASSETS:24,429 19,36316,55613,60612,866
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt  11   
Total current liabilities:  11   
Noncurrent Liabilities
Long-term debt and lease obligation  35   
Operating lease, liability  35
Liabilities, other than long-term debt  16   
Deferred income tax liabilities  16
Total noncurrent liabilities:  51   
Other undisclosed liabilities17,924 14,00612,1849,9819,600
Total liabilities:17,924 14,06812,1849,9819,600
Temporary equity, carrying amount179 439459480455
Stockholders' equity
Stockholders' equity attributable to parent, including:6,096 4,8423,9023,1372,802
Treasury stock, value(1) (422)(422)(422)(422)
Additional paid in capital922 1,8371,8051,3951,380
Accumulated other comprehensive income (loss)(16) 71010(24)
Retained earnings5,085 2,8881,9772,1331,848
Other undisclosed stockholders' equity attributable to parent106 5325322020
Stockholders' equity attributable to noncontrolling interest230 141299
Total stockholders' equity:6,326 4,8563,9143,1462,811
TOTAL LIABILITIES AND EQUITY:24,429 19,36316,55613,60612,866

Income statement (P&L) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Revenues789 2,5738241,1071,131
Loss on disposition of assets for financial service operations(132)   
Premiums earned, net245   
Net investment income312 321271209185
Financial services revenue66863
Cost of revenue(54) (0)(1)(6) 
Liability for future policy benefits, period expense (income)3 (0)(1)  
Present value of future insurance profits, amortization expense    (6) 
Deferred policy acquisition costs, amortization expense(57)     
Gross profit:735 2,5738231,1011,131
Operating expenses(367)    (610)
Operating income:368 2,5738231,101521
Nonoperating income (expense)12 8(3)(34)(1)
Investment income, nonoperating    (16) 
Foreign currency transaction gain (loss), before tax12 8(3)(18)(1)
Interest and debt expense(69) (53)(26)(28)(21)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes111 (1,652)(1,054)  
Income (loss) from continuing operations before equity method investments, income taxes:422 877(261)1,039499
Income from equity method investments93 5642  
Other undisclosed loss from continuing operations before income taxes    (725)(172)
Income (loss) from continuing operations before income taxes:515 933(218)314327
Income tax expense (benefit)(27) (4)66(35)
Income (loss) from continuing operations:488 928(212)321292
Income from discontinued operations    1112
Net income (loss):488 928(212)332304
Net income (loss) attributable to noncontrolling interest(15) 1062(20)(40)
Net income (loss) attributable to parent:473 938(150)311265
Preferred stock dividends and other adjustments(36) (36)(12)  
Net income (loss) available to common stockholders, diluted:437 902(162)311265

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Net income (loss):488 928(212)332304
Other comprehensive income (loss)(98) (3)(0)3612
Comprehensive income (loss):390 925(213)368317
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(15) 1062(22)(40)
Comprehensive income (loss), net of tax, attributable to parent:375 935(150)345276

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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