{ "title": "永明 · 十年实力观察", "years": [ 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025 ], "metrics": [ { "id": "aum", "label": "管理资产规模 AUM", "english": "Total assets under management", "category": "规模", "unit": "CADm", "basis": "非 IFRS", "description": "含一般基金、独立基金、第三方管理资产及合并调整；AUM 不等于公司自有资产，也不等于香港保单资产。", "values": { "2016": { "value": 903275, "sourceYear": 2016, "page": 18, "note": "" }, "2017": { "value": 974785, "sourceYear": 2017, "page": 16, "note": "" }, "2018": { "value": 951143, "sourceYear": 2018, "page": 16, "note": "" }, "2019": { "value": 1099347, "sourceYear": 2019, "page": 16, "note": "" }, "2020": { "value": 1246554, "sourceYear": 2020, "page": 18, "note": "" }, "2021": { "value": 1444728, "sourceYear": 2021, "page": 19, "note": "2021 年纳入部分 SLC 未调用资本承诺；2020 比较值由 1,246,554 重述为 1,256,009 百万加元。" }, "2022": { "value": 1325859, "sourceYear": 2022, "page": 18, "note": "" }, "2023": { "value": 1399605, "sourceYear": 2023, "page": 24, "note": "2022 比较值重述为 1,318,561 百万加元；第三方 AUM 展示方式亦有变化。" }, "2024": { "value": 1542340, "sourceYear": 2024, "page": 25, "note": "" }, "2025": { "value": 1604864, "sourceYear": 2025, "page": 26, "note": "2024 比较值更新为 1,542,616 百万加元，原报为 1,542,340；同比使用更新后的比较值。" } } }, { "id": "assets", "label": "合并总资产", "english": "Total assets", "category": "规模", "unit": "CADm", "basis": "IFRS", "description": "合并报表资产，包含独立基金持有人账户投资；与 AUM 是不同口径。", "values": { "2016": { "value": 258238, "sourceYear": 2016, "page": 94, "note": "" }, "2017": { "value": 269112, "sourceYear": 2017, "page": 95, "note": "" }, "2018": { "value": 271827, "sourceYear": 2018, "page": 102, "note": "" }, "2019": { "value": 297202, "sourceYear": 2019, "page": 101, "note": "" }, "2020": { "value": 323011, "sourceYear": 2020, "page": 111, "note": "" }, "2021": { "value": 345370, "sourceYear": 2021, "page": 118, "note": "" }, "2022": { "value": 330906, "sourceYear": 2022, "page": 127, "note": "" }, "2023": { "value": 333241, "sourceYear": 2023, "page": 137, "note": "" }, "2024": { "value": 370721, "sourceYear": 2024, "page": 135, "note": "" }, "2025": { "value": 398455, "sourceYear": 2025, "page": 135, "note": "" } } }, { "id": "generalAssets", "label": "一般基金总资产", "english": "Total general fund assets", "category": "规模", "unit": "CADm", "basis": "IFRS", "description": "", "values": { "2016": { "value": 161071, "sourceYear": 2016, "page": 94, "note": "" }, "2017": { "value": 162720, "sourceYear": 2017, "page": 95, "note": "" }, "2018": { "value": 168765, "sourceYear": 2018, "page": 102, "note": "" }, "2019": { "value": 180229, "sourceYear": 2019, "page": 101, "note": "" }, "2020": { "value": 197090, "sourceYear": 2020, "page": 111, "note": "" }, "2021": { "value": 205374, "sourceYear": 2021, "page": 118, "note": "" }, "2022": { "value": 205614, "sourceYear": 2022, "page": 127, "note": "" }, "2023": { "value": 204789, "sourceYear": 2023, "page": 137, "note": "" }, "2024": { "value": 221935, "sourceYear": 2024, "page": 135, "note": "" }, "2025": { "value": 231889, "sourceYear": 2025, "page": 135, "note": "" } } }, { "id": "segAssets", "label": "独立基金账户资产", "english": "Investments for account of segregated fund holders", "category": "规模", "unit": "CADm", "basis": "IFRS", "description": "", "values": { "2016": { "value": 97167, "sourceYear": 2016, "page": 94, "note": "" }, "2017": { "value": 106392, "sourceYear": 2017, "page": 95, "note": "" }, "2018": { "value": 103062, "sourceYear": 2018, "page": 102, "note": "" }, "2019": { "value": 116973, "sourceYear": 2019, "page": 101, "note": "" }, "2020": { "value": 125921, "sourceYear": 2020, "page": 111, "note": "" }, "2021": { "value": 139996, "sourceYear": 2021, "page": 118, "note": "" }, "2022": { "value": 125292, "sourceYear": 2022, "page": 127, "note": "" }, "2023": { "value": 128452, "sourceYear": 2023, "page": 137, "note": "" }, "2024": { "value": 148786, "sourceYear": 2024, "page": 135, "note": "" }, "2025": { "value": 166566, "sourceYear": 2025, "page": 135, "note": "" } } }, { "id": "otherAum", "label": "其他／第三方管理资产", "english": "Other AUM / Total third-party AUM", "category": "规模", "unit": "CADm", "basis": "非 IFRS", "description": "2016–2022 为其他 AUM；2023 起为第三方 AUM，分类及合并调整变化，跨口径不可直接比较。", "values": { "2016": { "value": 645037, "sourceYear": 2016, "page": 18, "note": "由 Mutual fund assets 307,937 与 Managed fund assets and other AUM 337,100 相加得到 645,037 百万加元。" }, "2017": { "value": 705673, "sourceYear": 2017, "page": 16, "note": "" }, "2018": { "value": 679316, "sourceYear": 2018, "page": 16, "note": "" }, "2019": { "value": 802145, "sourceYear": 2019, "page": 16, "note": "" }, "2020": { "value": 923543, "sourceYear": 2020, "page": 18, "note": "" }, "2021": { "value": 1099358, "sourceYear": 2021, "page": 19, "note": "" }, "2022": { "value": 994953, "sourceYear": 2022, "page": 18, "note": "" }, "2023": { "value": 1105081, "sourceYear": 2023, "page": 24, "note": "" }, "2024": { "value": 1216952, "sourceYear": 2024, "page": 25, "note": "" }, "2025": { "value": 1258681, "sourceYear": 2025, "page": 26, "note": "" } } }, { "id": "licatGroup", "label": "集团 LICAT", "english": "SLF Inc. LICAT ratio", "category": "资本", "unit": "%", "basis": "监管", "description": "加拿大母公司 SLF Inc. 资本充足率。2018 起使用 LICAT；2023 新规纳入 CSM，不宜将跨规则升幅全部视为业务改善。", "values": { "2018": { "value": 144, "sourceYear": 2018, "page": 16, "note": "" }, "2019": { "value": 143, "sourceYear": 2019, "page": 16, "note": "" }, "2020": { "value": 147, "sourceYear": 2020, "page": 18, "note": "" }, "2021": { "value": 145, "sourceYear": 2021, "page": 19, "note": "" }, "2022": { "value": 130, "sourceYear": 2022, "page": 18, "note": "" }, "2023": { "value": 149, "sourceYear": 2023, "page": 19, "note": "" }, "2024": { "value": 152, "sourceYear": 2024, "page": 20, "note": "" }, "2025": { "value": 157, "sourceYear": 2025, "page": 21, "note": "" } } }, { "id": "licatLife", "label": "主要保险子公司 LICAT", "english": "Sun Life Assurance LICAT ratio", "category": "资本", "unit": "%", "basis": "监管", "description": "对象为 Sun Life Assurance；年报列示监管最低比率 90%、监管关注比率 100%。香港实体适用本地资本规则。", "values": { "2018": { "value": 131, "sourceYear": 2018, "page": 16, "note": "" }, "2019": { "value": 130, "sourceYear": 2019, "page": 16, "note": "" }, "2020": { "value": 127, "sourceYear": 2020, "page": 18, "note": "" }, "2021": { "value": 124, "sourceYear": 2021, "page": 19, "note": "" }, "2022": { "value": 127, "sourceYear": 2022, "page": 18, "note": "" }, "2023": { "value": 141, "sourceYear": 2023, "page": 19, "note": "" }, "2024": { "value": 146, "sourceYear": 2024, "page": 20, "note": "" }, "2025": { "value": 140, "sourceYear": 2025, "page": 21, "note": "" } } }, { "id": "mccsrGroup", "label": "集团 MCCSR（旧规则）", "english": "SLF Inc. MCCSR ratio", "category": "资本", "unit": "%", "basis": "监管", "description": "2016–2017 旧资本规则，不能与 LICAT 数值直接比较。", "values": { "2016": { "value": 253, "sourceYear": 2016, "page": 79, "note": "" }, "2017": { "value": 246, "sourceYear": 2017, "page": 16, "note": "" } } }, { "id": "mccsrLife", "label": "保险子公司 MCCSR（旧规则）", "english": "Sun Life Assurance MCCSR ratio", "category": "资本", "unit": "%", "basis": "监管", "description": "MCCSR 自 2018 年起被 LICAT 取代。", "values": { "2016": { "value": 226, "sourceYear": 2016, "page": 18, "note": "" }, "2017": { "value": 221, "sourceYear": 2017, "page": 16, "note": "" } } }, { "id": "capital", "label": "总资本", "english": "Total capital", "category": "资本", "unit": "CADm", "basis": "管理口径", "description": "2023 起含 CSM；与旧总资本定义不可直接比较。", "values": { "2016": { "value": 26902, "sourceYear": 2016, "page": 76, "note": "" }, "2017": { "value": 27107, "sourceYear": 2017, "page": 16, "note": "" }, "2018": { "value": 28308, "sourceYear": 2018, "page": 16, "note": "" }, "2019": { "value": 28246, "sourceYear": 2019, "page": 16, "note": "" }, "2020": { "value": 30843, "sourceYear": 2020, "page": 18, "note": "" }, "2021": { "value": 34698, "sourceYear": 2021, "page": 19, "note": "" }, "2022": { "value": 36253, "sourceYear": 2022, "page": 18, "note": "" }, "2023": { "value": 42364, "sourceYear": 2023, "page": 27, "note": "" }, "2024": { "value": 45874, "sourceYear": 2024, "page": 28, "note": "" }, "2025": { "value": 48355, "sourceYear": 2025, "page": 29, "note": "" } } }, { "id": "leverage", "label": "财务杠杆率", "english": "Financial leverage ratio", "category": "资本", "unit": "%", "basis": "非 IFRS", "description": "2023 起分母包含税后 CSM，跨准则变化不等同于实际债务变化。", "values": { "2016": { "value": 25.2, "sourceYear": 2016, "page": 76, "note": "" }, "2017": { "value": 23.6, "sourceYear": 2017, "page": 16, "note": "" }, "2018": { "value": 21.2, "sourceYear": 2018, "page": 16, "note": "" }, "2019": { "value": 21.2, "sourceYear": 2019, "page": 16, "note": "" }, "2020": { "value": 23.5, "sourceYear": 2020, "page": 18, "note": "" }, "2021": { "value": 25.5, "sourceYear": 2021, "page": 19, "note": "" }, "2022": { "value": 25.1, "sourceYear": 2022, "page": 18, "note": "" }, "2023": { "value": 21.5, "sourceYear": 2023, "page": 27, "note": "" }, "2024": { "value": 20.1, "sourceYear": 2024, "page": 28, "note": "" }, "2025": { "value": 23.5, "sourceYear": 2025, "page": 29, "note": "" } } }, { "id": "subDebt", "label": "次级债务", "english": "Subordinated debt", "category": "资本", "unit": "CADm", "basis": "IFRS", "description": "次级债及其他资本工具早期合并列示；未单独提取的年份留空。", "values": { "2016": { "value": 3836, "sourceYear": 2016, "page": 76, "note": "" }, "2021": { "value": 6425, "sourceYear": 2021, "page": 19, "note": "" }, "2022": { "value": 6676, "sourceYear": 2022, "page": 18, "note": "" }, "2023": { "value": 6178, "sourceYear": 2023, "page": 27, "note": "" }, "2024": { "value": 6179, "sourceYear": 2024, "page": 28, "note": "" }, "2025": { "value": 8171, "sourceYear": 2025, "page": 29, "note": "" }, "2017": { "value": 3437.0, "sourceYear": 2017, "page": 44, "note": "" }, "2018": { "value": 3039.0, "sourceYear": 2018, "page": 45, "note": "" }, "2019": { "value": 3538.0, "sourceYear": 2019, "page": 44, "note": "" }, "2020": { "value": 4781.0, "sourceYear": 2020, "page": 49, "note": "" } } }, { "id": "innovative", "label": "创新资本工具", "english": "Innovative capital instruments", "category": "资本", "unit": "CADm", "basis": "IFRS", "description": "", "values": { "2016": { "value": 698, "sourceYear": 2016, "page": 76, "note": "" }, "2021": { "value": 200, "sourceYear": 2021, "page": 19, "note": "" }, "2022": { "value": 200, "sourceYear": 2022, "page": 18, "note": "" }, "2023": { "value": 200, "sourceYear": 2023, "page": 27, "note": "" }, "2024": { "value": 200, "sourceYear": 2024, "page": 28, "note": "" }, "2025": { "value": 200, "sourceYear": 2025, "page": 29, "note": "" }, "2017": { "value": 699.0, "sourceYear": 2017, "page": 44, "note": "" }, "2018": { "value": 699.0, "sourceYear": 2018, "page": 45, "note": "" }, "2019": { "value": 200.0, "sourceYear": 2019, "page": 44, "note": "" }, "2020": { "value": 200.0, "sourceYear": 2020, "page": 49, "note": "" } } }, { "id": "csm", "label": "合同服务边际 CSM", "english": "Contractual Service Margin", "category": "资本", "unit": "CADm", "basis": "IFRS 17", "description": "税前 CSM 为尚未赚取的未来保险服务利润，并非现金余额或已实现利润。", "values": { "2023": { "value": 11786, "sourceYear": 2023, "page": 27, "note": "" }, "2024": { "value": 13366, "sourceYear": 2024, "page": 28, "note": "" }, "2025": { "value": 14492, "sourceYear": 2025, "page": 29, "note": "" } } }, { "id": "csmAfterTax", "label": "税后 CSM（杠杆率口径）", "english": "CSM net of taxes", "category": "资本", "unit": "CADm", "basis": "管理口径", "description": "年报披露为十亿加元，已转换为百万加元；属四舍五入数。", "values": { "2023": { "value": 9600, "sourceYear": 2023, "page": 27, "note": "" }, "2024": { "value": 10300, "sourceYear": 2024, "page": 28, "note": "" }, "2025": { "value": 11300, "sourceYear": 2025, "page": 29, "note": "" } } }, { "id": "shareEquity", "label": "股东权益总额", "english": "Total shareholders equity", "category": "资本", "unit": "CADm", "basis": "IFRS", "description": "不含参与账户权益和非控股权益。", "values": { "2016": { "value": 21956, "sourceYear": 2016, "page": 94, "note": "" }, "2017": { "value": 22321, "sourceYear": 2017, "page": 95, "note": "" }, "2018": { "value": 23706, "sourceYear": 2018, "page": 102, "note": "" }, "2019": { "value": 23398, "sourceYear": 2019, "page": 101, "note": "" }, "2020": { "value": 24469, "sourceYear": 2020, "page": 111, "note": "" }, "2021": { "value": 26314, "sourceYear": 2021, "page": 118, "note": "" }, "2022": { "value": 27450, "sourceYear": 2022, "page": 127, "note": "" }, "2023": { "value": 23582, "sourceYear": 2023, "page": 137, "note": "" }, "2024": { "value": 25557, "sourceYear": 2024, "page": 135, "note": "" }, "2025": { "value": 24532, "sourceYear": 2025, "page": 135, "note": "" } } }, { "id": "totalEquity", "label": "权益合计", "english": "Total equity", "category": "资本", "unit": "CADm", "basis": "IFRS", "description": "", "values": { "2016": { "value": 22368, "sourceYear": 2016, "page": 94, "note": "" }, "2017": { "value": 22971, "sourceYear": 2017, "page": 95, "note": "" }, "2018": { "value": 24570, "sourceYear": 2018, "page": 102, "note": "" }, "2019": { "value": 24508, "sourceYear": 2019, "page": 101, "note": "" }, "2020": { "value": 25862, "sourceYear": 2020, "page": 111, "note": "" }, "2021": { "value": 28073, "sourceYear": 2021, "page": 118, "note": "" }, "2022": { "value": 29377, "sourceYear": 2022, "page": 127, "note": "" }, "2023": { "value": 24200, "sourceYear": 2023, "page": 137, "note": "" }, "2024": { "value": 26129, "sourceYear": 2024, "page": 135, "note": "" }, "2025": { "value": 25492, "sourceYear": 2025, "page": 135, "note": "" } } }, { "id": "commonEquity", "label": "普通股股东权益", "english": "Common shareholders equity", "category": "资本", "unit": "CADm", "basis": "IFRS", "description": "", "values": { "2016": { "value": 19699, "sourceYear": 2016, "page": 76, "note": "" }, "2021": { "value": 24075, "sourceYear": 2021, "page": 19, "note": "" }, "2022": { "value": 25211, "sourceYear": 2022, "page": 18, "note": "" }, "2023": { "value": 21343, "sourceYear": 2023, "page": 27, "note": "" }, "2024": { "value": 23318, "sourceYear": 2024, "page": 28, "note": "" }, "2025": { "value": 22293, "sourceYear": 2025, "page": 29, "note": "" }, "2017": { "value": 20.1, "sourceYear": 2017, "page": 44, "note": "" }, "2018": { "value": 21.4, "sourceYear": 2018, "page": 45, "note": "" }, "2019": { "value": 21.1, "sourceYear": 2019, "page": 44, "note": "" }, "2020": { "value": 22.2, "sourceYear": 2020, "page": 49, "note": "" } } }, { "id": "underlying", "label": "基础净利润", "english": "Underlying net income", "category": "盈利", "unit": "CADm", "basis": "非 IFRS", "description": "剔除市场相关影响、假设调整等项目的非 IFRS 指标，应与法定净利润配合阅读；2023 起采用新准则。", "values": { "2016": { "value": 2335, "sourceYear": 2016, "page": 18, "note": "" }, "2017": { "value": 2546, "sourceYear": 2017, "page": 16, "note": "" }, "2018": { "value": 2947, "sourceYear": 2018, "page": 16, "note": "" }, "2019": { "value": 3057, "sourceYear": 2019, "page": 16, "note": "" }, "2020": { "value": 3213, "sourceYear": 2020, "page": 18, "note": "" }, "2021": { "value": 3533, "sourceYear": 2021, "page": 19, "note": "" }, "2022": { "value": 3674, "sourceYear": 2022, "page": 18, "note": "" }, "2023": { "value": 3728, "sourceYear": 2023, "page": 19, "note": "" }, "2024": { "value": 3856, "sourceYear": 2024, "page": 20, "note": "" }, "2025": { "value": 4201, "sourceYear": 2025, "page": 21, "note": "" } } }, { "id": "reported", "label": "法定净利润（普通股）", "english": "Reported net income - Common shareholders", "category": "盈利", "unit": "CADm", "basis": "IFRS", "description": "归属于普通股股东的净利润；2016–2022 为旧准则，2023–2025 为 IFRS 17/9。", "values": { "2016": { "value": 2485, "sourceYear": 2016, "page": 18, "note": "" }, "2017": { "value": 2149, "sourceYear": 2017, "page": 16, "note": "" }, "2018": { "value": 2522, "sourceYear": 2018, "page": 16, "note": "" }, "2019": { "value": 2618, "sourceYear": 2019, "page": 16, "note": "" }, "2020": { "value": 2404, "sourceYear": 2020, "page": 18, "note": "" }, "2021": { "value": 3934, "sourceYear": 2021, "page": 19, "note": "" }, "2022": { "value": 3060, "sourceYear": 2022, "page": 18, "note": "" }, "2023": { "value": 3086, "sourceYear": 2023, "page": 19, "note": "" }, "2024": { "value": 3049, "sourceYear": 2024, "page": 20, "note": "" }, "2025": { "value": 3472, "sourceYear": 2025, "page": 21, "note": "" } } }, { "id": "roeUnderlying", "label": "基础 ROE", "english": "Underlying return on equity", "category": "盈利", "unit": "%", "basis": "非 IFRS", "description": "盈利相对于平均普通股权益的比率；公司回报率不代表保单回报率。", "values": { "2016": { "value": 12.2, "sourceYear": 2016, "page": 18, "note": "" }, "2017": { "value": 12.7, "sourceYear": 2017, "page": 16, "note": "" }, "2018": { "value": 14.2, "sourceYear": 2018, "page": 16, "note": "" }, "2019": { "value": 14.3, "sourceYear": 2019, "page": 16, "note": "" }, "2020": { "value": 14.4, "sourceYear": 2020, "page": 18, "note": "" }, "2021": { "value": 15.4, "sourceYear": 2021, "page": 19, "note": "" }, "2022": { "value": 15.1, "sourceYear": 2022, "page": 18, "note": "" }, "2023": { "value": 17.8, "sourceYear": 2023, "page": 19, "note": "" }, "2024": { "value": 17.2, "sourceYear": 2024, "page": 20, "note": "" }, "2025": { "value": 18.2, "sourceYear": 2025, "page": 21, "note": "" } } }, { "id": "roeReported", "label": "法定 ROE", "english": "Reported return on equity", "category": "盈利", "unit": "%", "basis": "非 IFRS", "description": "以法定净利润计算；公司将其列为非 IFRS 比率。", "values": { "2016": { "value": 13, "sourceYear": 2016, "page": 18, "note": "" }, "2017": { "value": 10.7, "sourceYear": 2017, "page": 16, "note": "" }, "2018": { "value": 12.1, "sourceYear": 2018, "page": 16, "note": "" }, "2019": { "value": 12.3, "sourceYear": 2019, "page": 16, "note": "" }, "2020": { "value": 10.8, "sourceYear": 2020, "page": 18, "note": "" }, "2021": { "value": 17.1, "sourceYear": 2021, "page": 19, "note": "" }, "2022": { "value": 12.5, "sourceYear": 2022, "page": 18, "note": "" }, "2023": { "value": 14.7, "sourceYear": 2023, "page": 19, "note": "" }, "2024": { "value": 13.6, "sourceYear": 2024, "page": 20, "note": "" }, "2025": { "value": 15.1, "sourceYear": 2025, "page": 21, "note": "" } } }, { "id": "epsUnderlying", "label": "基础稀释每股收益", "english": "Underlying EPS diluted", "category": "盈利", "unit": "CAD/share", "basis": "非 IFRS", "description": "普通股每股收益，不是保单派息。", "values": { "2016": { "value": 3.8, "sourceYear": 2016, "page": 18, "note": "" }, "2017": { "value": 4.15, "sourceYear": 2017, "page": 16, "note": "" }, "2018": { "value": 4.86, "sourceYear": 2018, "page": 16, "note": "" }, "2019": { "value": 5.16, "sourceYear": 2019, "page": 16, "note": "" }, "2020": { "value": 5.49, "sourceYear": 2020, "page": 18, "note": "" }, "2021": { "value": 6.03, "sourceYear": 2021, "page": 19, "note": "" }, "2022": { "value": 6.27, "sourceYear": 2022, "page": 18, "note": "" }, "2023": { "value": 6.36, "sourceYear": 2023, "page": 19, "note": "" }, "2024": { "value": 6.66, "sourceYear": 2024, "page": 20, "note": "" }, "2025": { "value": 7.45, "sourceYear": 2025, "page": 21, "note": "" } } }, { "id": "epsReported", "label": "法定稀释每股收益", "english": "Reported EPS diluted", "category": "盈利", "unit": "CAD/share", "basis": "IFRS", "description": "", "values": { "2016": { "value": 4.03, "sourceYear": 2016, "page": 18, "note": "" }, "2017": { "value": 3.49, "sourceYear": 2017, "page": 16, "note": "" }, "2018": { "value": 4.14, "sourceYear": 2018, "page": 16, "note": "" }, "2019": { "value": 4.4, "sourceYear": 2019, "page": 16, "note": "" }, "2020": { "value": 4.1, "sourceYear": 2020, "page": 18, "note": "" }, "2021": { "value": 6.69, "sourceYear": 2021, "page": 19, "note": "" }, "2022": { "value": 5.21, "sourceYear": 2022, "page": 18, "note": "" }, "2023": { "value": 5.26, "sourceYear": 2023, "page": 19, "note": "" }, "2024": { "value": 5.26, "sourceYear": 2024, "page": 20, "note": "" }, "2025": { "value": 6.15, "sourceYear": 2025, "page": 21, "note": "" } } }, { "id": "dividend", "label": "全年普通股每股股息", "english": "Dividends per common share", "category": "盈利", "unit": "CAD/share", "basis": "IFRS", "description": "支付给公司普通股股东的股息，不是保险产品分红。", "values": { "2016": { "value": 1.62, "sourceYear": 2016, "page": 18, "note": "" }, "2017": { "value": 1.745, "sourceYear": 2017, "page": 16, "note": "" }, "2018": { "value": 1.905, "sourceYear": 2018, "page": 16, "note": "" }, "2019": { "value": 2.1, "sourceYear": 2019, "page": 16, "note": "" }, "2020": { "value": 2.2, "sourceYear": 2020, "page": 18, "note": "" }, "2021": { "value": 2.31, "sourceYear": 2021, "page": 19, "note": "" }, "2022": { "value": 2.76, "sourceYear": 2022, "page": 18, "note": "" }, "2023": { "value": 3.0, "sourceYear": 2023, "page": 27, "note": "" }, "2024": { "value": 3.24, "sourceYear": 2024, "page": 28, "note": "" }, "2025": { "value": 3.52, "sourceYear": 2025, "page": 29, "note": "" } } }, { "id": "payout", "label": "基础股息派付率", "english": "Underlying dividend payout ratio", "category": "盈利", "unit": "%", "basis": "非 IFRS", "description": "按基础净利润计算的普通股股息派付率。", "values": { "2016": { "value": 43, "sourceYear": 2016, "page": 18, "note": "" }, "2017": { "value": 42, "sourceYear": 2017, "page": 16, "note": "" }, "2018": { "value": 39, "sourceYear": 2018, "page": 16, "note": "" }, "2019": { "value": 41, "sourceYear": 2019, "page": 16, "note": "" }, "2020": { "value": 40, "sourceYear": 2020, "page": 18, "note": "" }, "2021": { "value": 38, "sourceYear": 2021, "page": 19, "note": "" }, "2022": { "value": 44, "sourceYear": 2022, "page": 18, "note": "" }, "2023": { "value": 47, "sourceYear": 2023, "page": 27, "note": "" }, "2024": { "value": 49, "sourceYear": 2024, "page": 28, "note": "" }, "2025": { "value": 47, "sourceYear": 2025, "page": 29, "note": "" } } }, { "id": "book", "label": "普通股每股账面价值", "english": "Book value per common share", "category": "盈利", "unit": "CAD/share", "basis": "IFRS", "description": "", "values": { "2023": { "value": 36.51, "sourceYear": 2023, "page": 19, "note": "" }, "2024": { "value": 40.63, "sourceYear": 2024, "page": 20, "note": "" }, "2025": { "value": 40.25, "sourceYear": 2025, "page": 21, "note": "" } } }, { "id": "insuranceSales", "label": "保险销售额", "english": "Insurance sales", "category": "增长", "unit": "CADm", "basis": "非 IFRS", "description": "2016 原名 life and health sales；2023 起为团体健康保障与个人保障销售额之和。销售额并非保费收入，销售定义有变动。", "values": { "2016": { "value": 2758, "sourceYear": 2016, "page": 26, "note": "" }, "2017": { "value": 3042, "sourceYear": 2017, "page": 16, "note": "" }, "2018": { "value": 3189, "sourceYear": 2018, "page": 16, "note": "" }, "2019": { "value": 3524, "sourceYear": 2019, "page": 16, "note": "" }, "2020": { "value": 3501, "sourceYear": 2020, "page": 18, "note": "" }, "2021": { "value": 3674, "sourceYear": 2021, "page": 19, "note": "" }, "2022": { "value": 4321, "sourceYear": 2022, "page": 18, "note": "" }, "2023": { "value": 5433, "sourceYear": 2023, "page": 19, "note": "由团体健康及保障销售与个人保障销售两项相加得到；属于计算值。" }, "2024": { "value": 5720, "sourceYear": 2024, "page": 20, "note": "由团体健康及保障销售与个人保障销售两项相加得到；属于计算值。" }, "2025": { "value": 7167, "sourceYear": 2025, "page": 21, "note": "由团体健康及保障销售与个人保障销售两项相加得到；属于计算值。" } } }, { "id": "wealthSales", "label": "财富销售及资管总流入", "english": "Wealth sales & asset management gross flows", "category": "增长", "unit": "CADm", "basis": "非 IFRS", "description": "含财富销售及资管总流入，不等于净新增 AUM；2021 SLC 流量方法及 2023 加拿大销售定义变化。", "values": { "2016": { "value": 138319, "sourceYear": 2016, "page": 26, "note": "" }, "2017": { "value": 145314, "sourceYear": 2017, "page": 16, "note": "" }, "2018": { "value": 136702, "sourceYear": 2018, "page": 16, "note": "" }, "2019": { "value": 158992, "sourceYear": 2019, "page": 16, "note": "" }, "2020": { "value": 220860, "sourceYear": 2020, "page": 18, "note": "" }, "2021": { "value": 228408, "sourceYear": 2021, "page": 19, "note": "" }, "2022": { "value": 204113, "sourceYear": 2022, "page": 18, "note": "" }, "2023": { "value": 173820, "sourceYear": 2023, "page": 19, "note": "" }, "2024": { "value": 196074, "sourceYear": 2024, "page": 20, "note": "" }, "2025": { "value": 236911, "sourceYear": 2025, "page": 21, "note": "" } } }, { "id": "groupSales", "label": "团体健康及保障销售", "english": "Group - Health & Protection sales", "category": "增长", "unit": "CADm", "basis": "非 IFRS", "description": "2023 起分类披露。", "values": { "2023": { "value": 2942, "sourceYear": 2023, "page": 19, "note": "" }, "2024": { "value": 2737, "sourceYear": 2024, "page": 20, "note": "" }, "2025": { "value": 3416, "sourceYear": 2025, "page": 21, "note": "" } } }, { "id": "individualSales", "label": "个人保障销售", "english": "Individual - Protection sales", "category": "增长", "unit": "CADm", "basis": "非 IFRS", "description": "2023 起分类披露。", "values": { "2023": { "value": 2491, "sourceYear": 2023, "page": 19, "note": "" }, "2024": { "value": 2983, "sourceYear": 2024, "page": 20, "note": "" }, "2025": { "value": 3751, "sourceYear": 2025, "page": 21, "note": "" } } }, { "id": "vnb", "label": "新业务价值 VNB（旧口径）", "english": "Value of new business", "category": "增长", "unit": "CADm", "basis": "非 IFRS", "description": "VNB 与新业务 CSM 不相同；2021 调整美国团体保单确认时点，2020 比较值更新为 1,146。", "values": { "2018": { "value": 1154, "sourceYear": 2018, "page": 16, "note": "" }, "2019": { "value": 1206, "sourceYear": 2019, "page": 16, "note": "" }, "2020": { "value": 1140, "sourceYear": 2020, "page": 18, "note": "" }, "2021": { "value": 1346, "sourceYear": 2021, "page": 19, "note": "" }, "2022": { "value": 1253, "sourceYear": 2022, "page": 18, "note": "" } } }, { "id": "newCsm", "label": "新业务 CSM", "english": "New business Contractual Service Margin", "category": "增长", "unit": "CADm", "basis": "非 IFRS", "description": "未来服务利润指标，不能与旧口径 VNB 拼接，也不是当前现金收益。", "values": { "2023": { "value": 1253, "sourceYear": 2023, "page": 19, "note": "" }, "2024": { "value": 1473, "sourceYear": 2024, "page": 20, "note": "" }, "2025": { "value": 1727, "sourceYear": 2025, "page": 21, "note": "" } } }, { "id": "netPremium", "label": "净保费收入（旧准则）", "english": "Net premium revenue", "category": "增长", "unit": "CADm", "basis": "IFRS", "description": "2023 起以保险收入列示；旧净保费与新保险收入不宜直接拼接。", "values": { "2016": { "value": 15048, "sourceYear": 2016, "page": 92, "note": "" }, "2017": { "value": 15281, "sourceYear": 2017, "page": 93, "note": "" }, "2018": { "value": 18642, "sourceYear": 2018, "page": 100, "note": "" }, "2019": { "value": 20288, "sourceYear": 2019, "page": 99, "note": "" }, "2020": { "value": 23738, "sourceYear": 2020, "page": 109, "note": "" }, "2021": { "value": 23053, "sourceYear": 2021, "page": 116, "note": "" }, "2022": { "value": 26863, "sourceYear": 2022, "page": 125, "note": "" } } }, { "id": "insuranceRevenue", "label": "保险收入（新准则）", "english": "Insurance revenue", "category": "增长", "unit": "CADm", "basis": "IFRS 17", "description": "IFRS 17 下保险服务收入，不含保单投资成分，不能直接当成现金保费。", "values": { "2023": { "value": 21356, "sourceYear": 2023, "page": 135, "note": "" }, "2024": { "value": 22637, "sourceYear": 2024, "page": 133, "note": "" }, "2025": { "value": 23982, "sourceYear": 2025, "page": 133, "note": "" } } }, { "id": "premiumsDeposits", "label": "保费及存入款合计（旧口径）", "english": "Total premiums and deposits", "category": "增长", "unit": "CADm", "basis": "非 IFRS", "description": "包含基金销售、存入款及 ASO 等，并非全数保险保费。", "values": { "2016": { "value": 158459, "sourceYear": 2016, "page": 18, "note": "" }, "2017": { "value": 164680, "sourceYear": 2017, "page": 16, "note": "" }, "2018": { "value": 160108, "sourceYear": 2018, "page": 16, "note": "" }, "2019": { "value": 183946, "sourceYear": 2019, "page": 16, "note": "" }, "2020": { "value": 248394, "sourceYear": 2020, "page": 18, "note": "" } } }, { "id": "feeIncome", "label": "手续费收入", "english": "Fee income", "category": "盈利", "unit": "CADm", "basis": "IFRS", "description": "2023 IFRS 17/9 转换可能改变手续费收入列报。", "values": { "2016": { "value": 5580, "sourceYear": 2016, "page": 92, "note": "" }, "2017": { "value": 5842, "sourceYear": 2017, "page": 93, "note": "" }, "2018": { "value": 5966, "sourceYear": 2018, "page": 100, "note": "" }, "2019": { "value": 6251, "sourceYear": 2019, "page": 99, "note": "" }, "2020": { "value": 6881, "sourceYear": 2020, "page": 109, "note": "" }, "2021": { "value": 8002, "sourceYear": 2021, "page": 116, "note": "" }, "2022": { "value": 8046, "sourceYear": 2022, "page": 125, "note": "" }, "2023": { "value": 7832, "sourceYear": 2023, "page": 135, "note": "" }, "2024": { "value": 8581, "sourceYear": 2024, "page": 133, "note": "" }, "2025": { "value": 9059, "sourceYear": 2025, "page": 133, "note": "" } } }, { "id": "revenueOld", "label": "总收入（旧准则）", "english": "Total revenue", "category": "盈利", "unit": "CADm", "basis": "IFRS", "description": "包含投资公允价值变动，波动较大；新准则下年报不再以同样方式列示总收入。", "values": { "2016": { "value": 28573, "sourceYear": 2016, "page": 92, "note": "" }, "2017": { "value": 29334, "sourceYear": 2017, "page": 93, "note": "" }, "2018": { "value": 26997, "sourceYear": 2018, "page": 100, "note": "" }, "2019": { "value": 39679, "sourceYear": 2019, "page": 99, "note": "" }, "2020": { "value": 43337, "sourceYear": 2020, "page": 109, "note": "" }, "2021": { "value": 35688, "sourceYear": 2021, "page": 116, "note": "" }, "2022": { "value": 23322, "sourceYear": 2022, "page": 125, "note": "" } } }, { "id": "investmentIncome", "label": "净投资收入／损失", "english": "Net investment income loss", "category": "盈利", "unit": "CADm", "basis": "IFRS", "description": "包含公允价值变动；对应保险负债的变化可能抵销部分影响，不能直接等同于投资回报率。", "values": { "2016": { "value": 7945, "sourceYear": 2016, "page": 92, "note": "" }, "2017": { "value": 8211, "sourceYear": 2017, "page": 93, "note": "" }, "2018": { "value": 2389, "sourceYear": 2018, "page": 100, "note": "" }, "2019": { "value": 13140, "sourceYear": 2019, "page": 99, "note": "" }, "2020": { "value": 12718, "sourceYear": 2020, "page": 109, "note": "" }, "2021": { "value": 4633, "sourceYear": 2021, "page": 116, "note": "" }, "2022": { "value": -11587, "sourceYear": 2022, "page": 125, "note": "" }, "2023": { "value": 11586, "sourceYear": 2023, "page": 135, "note": "" }, "2024": { "value": 7415, "sourceYear": 2024, "page": 133, "note": "" }, "2025": { "value": 8859, "sourceYear": 2025, "page": 133, "note": "" } } }, { "id": "insuranceResult", "label": "净保险服务结果", "english": "Net insurance service result", "category": "盈利", "unit": "CADm", "basis": "IFRS 17", "description": "", "values": { "2023": { "value": 2837, "sourceYear": 2023, "page": 135, "note": "" }, "2024": { "value": 3091, "sourceYear": 2024, "page": 133, "note": "" }, "2025": { "value": 3474, "sourceYear": 2025, "page": 133, "note": "" } } }, { "id": "investmentResult", "label": "净投资结果（资产负债合计）", "english": "Net investment result", "category": "盈利", "unit": "CADm", "basis": "IFRS 17", "description": "已考虑保险金融收入／费用，与净投资收入为不同口径。", "values": { "2023": { "value": 1639, "sourceYear": 2023, "page": 135, "note": "" }, "2024": { "value": 1934, "sourceYear": 2024, "page": 133, "note": "" }, "2025": { "value": 1818, "sourceYear": 2025, "page": 133, "note": "" } } }, { "id": "insuranceExpense", "label": "保险服务费用", "english": "Insurance service expenses", "category": "盈利", "unit": "CADm", "basis": "IFRS 17", "description": "费用按损益表原列示负数保留。", "values": { "2023": { "value": -18450, "sourceYear": 2023, "page": 135, "note": "" }, "2024": { "value": -19631, "sourceYear": 2024, "page": 133, "note": "" }, "2025": { "value": -20414, "sourceYear": 2025, "page": 133, "note": "" } } }, { "id": "liabilities", "label": "负债合计", "english": "Total liabilities", "category": "资本", "unit": "CADm", "basis": "IFRS", "description": "保险公司负债以保险合同及独立基金等为主，不宜套用一般工商企业负债率解读。", "values": { "2016": { "value": 235870, "sourceYear": 2016, "page": 94, "note": "" }, "2017": { "value": 246141, "sourceYear": 2017, "page": 95, "note": "" }, "2018": { "value": 247257, "sourceYear": 2018, "page": 102, "note": "" }, "2019": { "value": 272694, "sourceYear": 2019, "page": 101, "note": "" }, "2020": { "value": 297149, "sourceYear": 2020, "page": 111, "note": "" }, "2021": { "value": 317297, "sourceYear": 2021, "page": 118, "note": "" }, "2022": { "value": 301529, "sourceYear": 2022, "page": 127, "note": "" }, "2023": { "value": 309041, "sourceYear": 2023, "page": 137, "note": "" }, "2024": { "value": 344592, "sourceYear": 2024, "page": 135, "note": "" }, "2025": { "value": 372963, "sourceYear": 2025, "page": 135, "note": "" } } }, { "id": "cashAssets", "label": "现金、等价物及短期证券", "english": "Cash cash equivalents and short-term securities", "category": "资本", "unit": "CADm", "basis": "IFRS", "description": "合并资产口径；与母公司可用流动资产和现金流量表净现金不同。", "values": { "2016": { "value": 8642, "sourceYear": 2016, "page": 94, "note": "" }, "2017": { "value": 8890, "sourceYear": 2017, "page": 95, "note": "" }, "2018": { "value": 9506, "sourceYear": 2018, "page": 102, "note": "" }, "2019": { "value": 9575, "sourceYear": 2019, "page": 101, "note": "" }, "2020": { "value": 13527, "sourceYear": 2020, "page": 111, "note": "" }, "2021": { "value": 12278, "sourceYear": 2021, "page": 118, "note": "" }, "2022": { "value": 11219, "sourceYear": 2022, "page": 127, "note": "" }, "2023": { "value": 13173, "sourceYear": 2023, "page": 137, "note": "" }, "2024": { "value": 13873, "sourceYear": 2024, "page": 135, "note": "" }, "2025": { "value": 14841, "sourceYear": 2025, "page": 135, "note": "" } } }, { "id": "opCash", "label": "经营活动净现金流", "english": "Net cash provided by used in operating activities", "category": "风险与现金流", "unit": "CADm", "basis": "IFRS", "description": "按各年原报；2019 值在 2020 年报重述为 2,474。包含保险公司投资资产买卖等现金流，不应单独判断偿付能力。", "values": { "2016": { "value": 3668, "sourceYear": 2016, "page": 96, "note": "" }, "2017": { "value": 1984, "sourceYear": 2017, "page": 97, "note": "" }, "2018": { "value": 3834, "sourceYear": 2018, "page": 104, "note": "" }, "2019": { "value": 2547, "sourceYear": 2019, "page": 103, "note": "" }, "2020": { "value": 7253, "sourceYear": 2020, "page": 113, "note": "" }, "2021": { "value": -1857, "sourceYear": 2021, "page": 120, "note": "" }, "2022": { "value": 4311, "sourceYear": 2022, "page": 129, "note": "" }, "2023": { "value": 5612, "sourceYear": 2023, "page": 139, "note": "" }, "2024": { "value": 2532, "sourceYear": 2024, "page": 137, "note": "" }, "2025": { "value": 2799, "sourceYear": 2025, "page": 137, "note": "" } } }, { "id": "invCash", "label": "投资活动净现金流", "english": "Net cash provided by used in investing activities", "category": "风险与现金流", "unit": "CADm", "basis": "IFRS", "description": "", "values": { "2016": { "value": -1893, "sourceYear": 2016, "page": 96, "note": "" }, "2017": { "value": -339, "sourceYear": 2017, "page": 97, "note": "" }, "2018": { "value": -280, "sourceYear": 2018, "page": 104, "note": "" }, "2019": { "value": -430, "sourceYear": 2019, "page": 103, "note": "" }, "2020": { "value": -886, "sourceYear": 2020, "page": 113, "note": "" }, "2021": { "value": -803, "sourceYear": 2021, "page": 120, "note": "" }, "2022": { "value": -2863, "sourceYear": 2022, "page": 129, "note": "" }, "2023": { "value": -559, "sourceYear": 2023, "page": 139, "note": "" }, "2024": { "value": -337, "sourceYear": 2024, "page": 137, "note": "" }, "2025": { "value": -320, "sourceYear": 2025, "page": 137, "note": "" } } }, { "id": "finCash", "label": "融资活动净现金流", "english": "Net cash provided by used in financing activities", "category": "风险与现金流", "unit": "CADm", "basis": "IFRS", "description": "", "values": { "2016": { "value": -1543, "sourceYear": 2016, "page": 96, "note": "" }, "2017": { "value": -2019, "sourceYear": 2017, "page": 97, "note": "" }, "2018": { "value": -2566, "sourceYear": 2018, "page": 104, "note": "" }, "2019": { "value": -2436, "sourceYear": 2019, "page": 103, "note": "" }, "2020": { "value": -2312, "sourceYear": 2020, "page": 113, "note": "" }, "2021": { "value": -260, "sourceYear": 2021, "page": 120, "note": "" }, "2022": { "value": -71, "sourceYear": 2022, "page": 129, "note": "" }, "2023": { "value": -3086, "sourceYear": 2023, "page": 139, "note": "" }, "2024": { "value": -3882, "sourceYear": 2024, "page": 137, "note": "" }, "2025": { "value": -2636, "sourceYear": 2025, "page": 137, "note": "" } } }, { "id": "endCash", "label": "年末净现金及等价物", "english": "Net cash and cash equivalents end of year", "category": "风险与现金流", "unit": "CADm", "basis": "IFRS", "description": "", "values": { "2016": { "value": 6509, "sourceYear": 2016, "page": 96, "note": "" }, "2017": { "value": 5956, "sourceYear": 2017, "page": 97, "note": "" }, "2018": { "value": 7194, "sourceYear": 2018, "page": 104, "note": "" }, "2019": { "value": 6685, "sourceYear": 2019, "page": 103, "note": "" }, "2020": { "value": 10648, "sourceYear": 2020, "page": 113, "note": "" }, "2021": { "value": 7693, "sourceYear": 2021, "page": 120, "note": "" }, "2022": { "value": 9372, "sourceYear": 2022, "page": 129, "note": "" }, "2023": { "value": 11170, "sourceYear": 2023, "page": 139, "note": "" }, "2024": { "value": 9954, "sourceYear": 2024, "page": 137, "note": "" }, "2025": { "value": 9599, "sourceYear": 2025, "page": 137, "note": "" } } }, { "id": "invested", "label": "一般基金投资资产", "english": "Total general fund invested assets", "category": "投资", "unit": "CADm", "basis": "IFRS", "description": "与一般基金总资产不同。2017–2018 年报披露为十亿加元的约数；2023 起贷款等计量准则变化。", "values": { "2016": { "value": 142350, "sourceYear": 2016, "page": 48, "note": "" }, "2017": { "value": 146100, "sourceYear": 2017, "page": 38, "note": "" }, "2018": { "value": 151700, "sourceYear": 2018, "page": 38, "note": "" }, "2019": { "value": 161619, "sourceYear": 2019, "page": 38, "note": "" }, "2020": { "value": 177912, "sourceYear": 2020, "page": 40, "note": "" }, "2021": { "value": 184522, "sourceYear": 2021, "page": 41, "note": "" }, "2022": { "value": 177292, "sourceYear": 2022, "page": 45, "note": "" }, "2023": { "value": 174328, "sourceYear": 2023, "page": 50, "note": "" }, "2024": { "value": 189817, "sourceYear": 2024, "page": 52, "note": "" }, "2025": { "value": 199175, "sourceYear": 2025, "page": 53, "note": "" } } }, { "id": "debtInvest", "label": "债券投资", "english": "Debt securities", "category": "投资", "unit": "CADm", "basis": "IFRS", "description": "", "values": { "2016": { "value": 71887, "sourceYear": 2016, "page": 94, "note": "" }, "2017": { "value": 72619, "sourceYear": 2017, "page": 38, "note": "" }, "2018": { "value": 74443, "sourceYear": 2018, "page": 39, "note": "" }, "2019": { "value": 81606, "sourceYear": 2019, "page": 38, "note": "" }, "2020": { "value": 89089, "sourceYear": 2020, "page": 40, "note": "" }, "2021": { "value": 88727, "sourceYear": 2021, "page": 41, "note": "" }, "2022": { "value": 75902, "sourceYear": 2022, "page": 45, "note": "" }, "2023": { "value": 75493, "sourceYear": 2023, "page": 50, "note": "" }, "2024": { "value": 81955, "sourceYear": 2024, "page": 52, "note": "" }, "2025": { "value": 85618, "sourceYear": 2025, "page": 53, "note": "" } } }, { "id": "equityInvest", "label": "股票投资", "english": "Equity securities", "category": "投资", "unit": "CADm", "basis": "IFRS", "description": "", "values": { "2016": { "value": 5774, "sourceYear": 2016, "page": 94, "note": "" }, "2019": { "value": 4787, "sourceYear": 2019, "page": 101, "note": "" }, "2020": { "value": 6631, "sourceYear": 2020, "page": 40, "note": "" }, "2021": { "value": 9113, "sourceYear": 2021, "page": 41, "note": "" }, "2022": { "value": 7148, "sourceYear": 2022, "page": 45, "note": "" }, "2023": { "value": 7138, "sourceYear": 2023, "page": 50, "note": "" }, "2024": { "value": 9974, "sourceYear": 2024, "page": 52, "note": "" }, "2025": { "value": 12250, "sourceYear": 2025, "page": 53, "note": "" }, "2017": { "value": 6020, "sourceYear": 2017, "page": 95, "note": "" }, "2018": { "value": 4634, "sourceYear": 2018, "page": 102, "note": "" } } }, { "id": "mortgages", "label": "按揭及贷款投资", "english": "Mortgages and loans", "category": "投资", "unit": "CADm", "basis": "IFRS", "description": "按揭及贷款账面投资额；2023 IFRS 9 转换改变贷款计量，跨准则不可直接比较。", "values": { "2016": { "value": 40775, "sourceYear": 2016, "page": 48, "note": "" }, "2017": { "value": 42805, "sourceYear": 2017, "page": 95, "note": "" }, "2018": { "value": 46822, "sourceYear": 2018, "page": 102, "note": "" }, "2019": { "value": 48222, "sourceYear": 2019, "page": 38, "note": "" }, "2020": { "value": 49946, "sourceYear": 2020, "page": 40, "note": "" }, "2021": { "value": 51692, "sourceYear": 2021, "page": 41, "note": "" }, "2022": { "value": 56261, "sourceYear": 2022, "page": 45, "note": "" }, "2023": { "value": 54600, "sourceYear": 2023, "page": 50, "note": "" }, "2024": { "value": 57619, "sourceYear": 2024, "page": 52, "note": "" }, "2025": { "value": 59433, "sourceYear": 2025, "page": 53, "note": "" } } }, { "id": "properties", "label": "投资物业", "english": "Investment properties", "category": "投资", "unit": "CADm", "basis": "IFRS", "description": "", "values": { "2016": { "value": 6592, "sourceYear": 2016, "page": 48, "note": "" }, "2019": { "value": 7306, "sourceYear": 2019, "page": 101, "note": "" }, "2020": { "value": 7516, "sourceYear": 2020, "page": 40, "note": "" }, "2021": { "value": 9109, "sourceYear": 2021, "page": 41, "note": "" }, "2022": { "value": 10102, "sourceYear": 2022, "page": 45, "note": "" }, "2023": { "value": 9723, "sourceYear": 2023, "page": 50, "note": "" }, "2024": { "value": 9290, "sourceYear": 2024, "page": 52, "note": "" }, "2025": { "value": 9432, "sourceYear": 2025, "page": 53, "note": "" }, "2017": { "value": 7067, "sourceYear": 2017, "page": 95, "note": "" }, "2018": { "value": 7157, "sourceYear": 2018, "page": 102, "note": "" } } }, { "id": "derivatives", "label": "衍生工具资产", "english": "Derivative assets", "category": "投资", "unit": "CADm", "basis": "IFRS", "description": "", "values": { "2016": { "value": 1608, "sourceYear": 2016, "page": 48, "note": "" }, "2019": { "value": 1548, "sourceYear": 2019, "page": 101, "note": "" }, "2020": { "value": 2160, "sourceYear": 2020, "page": 40, "note": "" }, "2021": { "value": 1583, "sourceYear": 2021, "page": 41, "note": "" }, "2022": { "value": 2095, "sourceYear": 2022, "page": 45, "note": "" }, "2023": { "value": 2183, "sourceYear": 2023, "page": 50, "note": "" }, "2024": { "value": 1971, "sourceYear": 2024, "page": 52, "note": "" }, "2025": { "value": 1534, "sourceYear": 2025, "page": 53, "note": "" }, "2017": { "value": 1478, "sourceYear": 2017, "page": 95, "note": "" }, "2018": { "value": 1112, "sourceYear": 2018, "page": 102, "note": "" } } }, { "id": "debtGrade", "label": "投资级债券占比（BBB 及以上）", "english": "Debt securities rated BBB or higher", "category": "投资", "unit": "%", "basis": "管理口径", "description": "只针对债券组合，不代表全部 AUM 的信用质量；多数年份为四舍五入占比。", "values": { "2016": { "value": 97.6, "sourceYear": 2016, "page": 49, "note": "" }, "2017": { "value": 98.3, "sourceYear": 2017, "page": 39, "note": "" }, "2018": { "value": 99, "sourceYear": 2018, "page": 39, "note": "" }, "2019": { "value": 99, "sourceYear": 2019, "page": 39, "note": "" }, "2020": { "value": 98, "sourceYear": 2020, "page": 42, "note": "" }, "2021": { "value": 99, "sourceYear": 2021, "page": 42, "note": "" }, "2022": { "value": 99, "sourceYear": 2022, "page": 46, "note": "" }, "2023": { "value": 99, "sourceYear": 2023, "page": 51, "note": "" }, "2024": { "value": 99, "sourceYear": 2024, "page": 53, "note": "" }, "2025": { "value": 99, "sourceYear": 2025, "page": 54, "note": "" } } }, { "id": "debtA", "label": "A 级及以上债券占比", "english": "Debt securities rated A or higher", "category": "投资", "unit": "%", "basis": "管理口径", "description": "针对一般基金债券组合，年报多数年份取整。", "values": { "2016": { "value": 69.6, "sourceYear": 2016, "page": 49, "note": "" }, "2017": { "value": 70.6, "sourceYear": 2017, "page": 39, "note": "" }, "2018": { "value": 72, "sourceYear": 2018, "page": 39, "note": "" }, "2019": { "value": 74, "sourceYear": 2019, "page": 39, "note": "" }, "2020": { "value": 72, "sourceYear": 2020, "page": 42, "note": "" }, "2021": { "value": 73, "sourceYear": 2021, "page": 42, "note": "" }, "2022": { "value": 72, "sourceYear": 2022, "page": 46, "note": "" }, "2023": { "value": 72, "sourceYear": 2023, "page": 51, "note": "" }, "2024": { "value": 75, "sourceYear": 2024, "page": 53, "note": "" }, "2025": { "value": 77, "sourceYear": 2025, "page": 54, "note": "" } } }, { "id": "canadaUnderlying", "label": "加拿大基础净利润", "english": "加拿大 underlying net income", "category": "业务分部", "unit": "CADm", "basis": "非 IFRS", "description": "分部利润均为加元；2018 年国际业务从美国转到亚洲；2023 年准则变更、英国业务出售等改变分部口径。企业及其他包含英国等项目的旧年度结果。", "values": { "2016": { "value": 887, "sourceYear": 2016, "page": 35, "note": "" }, "2017": { "value": 949, "sourceYear": 2017, "page": 23, "note": "" }, "2018": { "value": 1036, "sourceYear": 2018, "page": 23, "note": "" }, "2019": { "value": 1012, "sourceYear": 2019, "page": 23, "note": "" }, "2020": { "value": 1073, "sourceYear": 2020, "page": 25, "note": "" }, "2021": { "value": 1131, "sourceYear": 2021, "page": 26, "note": "" }, "2022": { "value": 1266, "sourceYear": 2022, "page": 26, "note": "" }, "2023": { "value": 1376, "sourceYear": 2023, "page": 29, "note": "" }, "2024": { "value": 1453, "sourceYear": 2024, "page": 31, "note": "" }, "2025": { "value": 1594, "sourceYear": 2025, "page": 32, "note": "" } } }, { "id": "canadaReported", "label": "加拿大法定净利润", "english": "加拿大 reported net income", "category": "业务分部", "unit": "CADm", "basis": "IFRS", "description": "分部利润均为加元；2018 年国际业务从美国转到亚洲；2023 年准则变更、英国业务出售等改变分部口径。企业及其他包含英国等项目的旧年度结果。", "values": { "2016": { "value": 936, "sourceYear": 2016, "page": 35, "note": "" }, "2017": { "value": 963, "sourceYear": 2017, "page": 23, "note": "" }, "2018": { "value": 942, "sourceYear": 2018, "page": 23, "note": "" }, "2019": { "value": 883, "sourceYear": 2019, "page": 23, "note": "" }, "2020": { "value": 717, "sourceYear": 2020, "page": 25, "note": "" }, "2021": { "value": 1558, "sourceYear": 2021, "page": 26, "note": "" }, "2022": { "value": 1000, "sourceYear": 2022, "page": 26, "note": "" }, "2023": { "value": 1252, "sourceYear": 2023, "page": 29, "note": "" }, "2024": { "value": 1217, "sourceYear": 2024, "page": 31, "note": "" }, "2025": { "value": 1402, "sourceYear": 2025, "page": 32, "note": "" } } }, { "id": "usUnderlying", "label": "美国基础净利润", "english": "美国 underlying net income", "category": "业务分部", "unit": "CADm", "basis": "非 IFRS", "description": "分部利润均为加元；2018 年国际业务从美国转到亚洲；2023 年准则变更、英国业务出售等改变分部口径。企业及其他包含英国等项目的旧年度结果。", "values": { "2016": { "value": 447, "sourceYear": 2016, "page": 38, "note": "" }, "2017": { "value": 507, "sourceYear": 2017, "page": 23, "note": "" }, "2018": { "value": 514, "sourceYear": 2018, "page": 23, "note": "" }, "2019": { "value": 532, "sourceYear": 2019, "page": 23, "note": "" }, "2020": { "value": 568, "sourceYear": 2020, "page": 25, "note": "" }, "2021": { "value": 518, "sourceYear": 2021, "page": 26, "note": "" }, "2022": { "value": 728, "sourceYear": 2022, "page": 26, "note": "" }, "2023": { "value": 890, "sourceYear": 2023, "page": 29, "note": "" }, "2024": { "value": 773, "sourceYear": 2024, "page": 31, "note": "" }, "2025": { "value": 770, "sourceYear": 2025, "page": 32, "note": "" } } }, { "id": "usReported", "label": "美国法定净利润", "english": "美国 reported net income", "category": "业务分部", "unit": "CADm", "basis": "IFRS", "description": "分部利润均为加元；2018 年国际业务从美国转到亚洲；2023 年准则变更、英国业务出售等改变分部口径。企业及其他包含英国等项目的旧年度结果。", "values": { "2016": { "value": 508, "sourceYear": 2016, "page": 38, "note": "" }, "2017": { "value": 308, "sourceYear": 2017, "page": 23, "note": "" }, "2018": { "value": 52, "sourceYear": 2018, "page": 23, "note": "" }, "2019": { "value": 163, "sourceYear": 2019, "page": 23, "note": "" }, "2020": { "value": 257, "sourceYear": 2020, "page": 25, "note": "" }, "2021": { "value": 499, "sourceYear": 2021, "page": 26, "note": "" }, "2022": { "value": 586, "sourceYear": 2022, "page": 26, "note": "" }, "2023": { "value": 576, "sourceYear": 2023, "page": 29, "note": "" }, "2024": { "value": 556, "sourceYear": 2024, "page": 31, "note": "" }, "2025": { "value": 520, "sourceYear": 2025, "page": 32, "note": "" } } }, { "id": "amUnderlying", "label": "资产管理基础净利润", "english": "资产管理 underlying net income", "category": "业务分部", "unit": "CADm", "basis": "非 IFRS", "description": "分部利润均为加元；2018 年国际业务从美国转到亚洲；2023 年准则变更、英国业务出售等改变分部口径。企业及其他包含英国等项目的旧年度结果。", "values": { "2016": { "value": 699, "sourceYear": 2016, "page": 41, "note": "" }, "2017": { "value": 812, "sourceYear": 2017, "page": 23, "note": "" }, "2018": { "value": 925, "sourceYear": 2018, "page": 23, "note": "" }, "2019": { "value": 1004, "sourceYear": 2019, "page": 23, "note": "" }, "2020": { "value": 1128, "sourceYear": 2020, "page": 25, "note": "" }, "2021": { "value": 1346, "sourceYear": 2021, "page": 26, "note": "" }, "2022": { "value": 1204, "sourceYear": 2022, "page": 26, "note": "" }, "2023": { "value": 1239, "sourceYear": 2023, "page": 29, "note": "" }, "2024": { "value": 1293, "sourceYear": 2024, "page": 31, "note": "" }, "2025": { "value": 1371, "sourceYear": 2025, "page": 32, "note": "" } } }, { "id": "amReported", "label": "资产管理法定净利润", "english": "资产管理 reported net income", "category": "业务分部", "unit": "CADm", "basis": "IFRS", "description": "分部利润均为加元；2018 年国际业务从美国转到亚洲；2023 年准则变更、英国业务出售等改变分部口径。企业及其他包含英国等项目的旧年度结果。", "values": { "2016": { "value": 729, "sourceYear": 2016, "page": 41, "note": "" }, "2017": { "value": 653, "sourceYear": 2017, "page": 23, "note": "" }, "2018": { "value": 909, "sourceYear": 2018, "page": 23, "note": "" }, "2019": { "value": 897, "sourceYear": 2019, "page": 23, "note": "" }, "2020": { "value": 980, "sourceYear": 2020, "page": 25, "note": "" }, "2021": { "value": 892, "sourceYear": 2021, "page": 26, "note": "" }, "2022": { "value": 1141, "sourceYear": 2022, "page": 26, "note": "" }, "2023": { "value": 1067, "sourceYear": 2023, "page": 29, "note": "" }, "2024": { "value": 1528, "sourceYear": 2024, "page": 31, "note": "" }, "2025": { "value": 1214, "sourceYear": 2025, "page": 32, "note": "" } } }, { "id": "asiaUnderlying", "label": "亚洲基础净利润", "english": "亚洲 underlying net income", "category": "业务分部", "unit": "CADm", "basis": "非 IFRS", "description": "分部利润均为加元；2018 年国际业务从美国转到亚洲；2023 年准则变更、英国业务出售等改变分部口径。企业及其他包含英国等项目的旧年度结果。", "values": { "2016": { "value": 295, "sourceYear": 2016, "page": 44, "note": "" }, "2017": { "value": 330, "sourceYear": 2017, "page": 23, "note": "" }, "2018": { "value": 523, "sourceYear": 2018, "page": 23, "note": "" }, "2019": { "value": 550, "sourceYear": 2019, "page": 23, "note": "" }, "2020": { "value": 579, "sourceYear": 2020, "page": 25, "note": "" }, "2021": { "value": 586, "sourceYear": 2021, "page": 26, "note": "" }, "2022": { "value": 627, "sourceYear": 2022, "page": 26, "note": "" }, "2023": { "value": 600, "sourceYear": 2023, "page": 29, "note": "" }, "2024": { "value": 701, "sourceYear": 2024, "page": 31, "note": "" }, "2025": { "value": 836, "sourceYear": 2025, "page": 32, "note": "" } } }, { "id": "asiaReported", "label": "亚洲法定净利润", "english": "亚洲 reported net income", "category": "业务分部", "unit": "CADm", "basis": "IFRS", "description": "分部利润均为加元；2018 年国际业务从美国转到亚洲；2023 年准则变更、英国业务出售等改变分部口径。企业及其他包含英国等项目的旧年度结果。", "values": { "2016": { "value": 309, "sourceYear": 2016, "page": 44, "note": "" }, "2017": { "value": 326, "sourceYear": 2017, "page": 23, "note": "" }, "2018": { "value": 555, "sourceYear": 2018, "page": 23, "note": "" }, "2019": { "value": 520, "sourceYear": 2019, "page": 23, "note": "" }, "2020": { "value": 594, "sourceYear": 2020, "page": 25, "note": "" }, "2021": { "value": 1075, "sourceYear": 2021, "page": 26, "note": "" }, "2022": { "value": 515, "sourceYear": 2022, "page": 26, "note": "" }, "2023": { "value": 511, "sourceYear": 2023, "page": 29, "note": "" }, "2024": { "value": 429, "sourceYear": 2024, "page": 31, "note": "" }, "2025": { "value": 768, "sourceYear": 2025, "page": 32, "note": "" } } }, { "id": "corpUnderlying", "label": "企业及其他基础净利润", "english": "企业及其他 underlying net income", "category": "业务分部", "unit": "CADm", "basis": "非 IFRS", "description": "分部利润均为加元；2018 年国际业务从美国转到亚洲；2023 年准则变更、英国业务出售等改变分部口径。企业及其他包含英国等项目的旧年度结果。", "values": { "2016": { "value": 7, "sourceYear": 2016, "page": 47, "note": "" }, "2017": { "value": -52, "sourceYear": 2017, "page": 23, "note": "" }, "2018": { "value": -51, "sourceYear": 2018, "page": 23, "note": "" }, "2019": { "value": -41, "sourceYear": 2019, "page": 23, "note": "" }, "2020": { "value": -135, "sourceYear": 2020, "page": 25, "note": "" }, "2021": { "value": -48, "sourceYear": 2021, "page": 26, "note": "" }, "2022": { "value": -151, "sourceYear": 2022, "page": 26, "note": "" }, "2023": { "value": -377, "sourceYear": 2023, "page": 29, "note": "" }, "2024": { "value": -364, "sourceYear": 2024, "page": 31, "note": "" }, "2025": { "value": -370, "sourceYear": 2025, "page": 32, "note": "" } } }, { "id": "corpReported", "label": "企业及其他法定净利润", "english": "企业及其他 reported net income", "category": "业务分部", "unit": "CADm", "basis": "IFRS", "description": "分部利润均为加元；2018 年国际业务从美国转到亚洲；2023 年准则变更、英国业务出售等改变分部口径。企业及其他包含英国等项目的旧年度结果。", "values": { "2016": { "value": 3, "sourceYear": 2016, "page": 47, "note": "" }, "2017": { "value": -101, "sourceYear": 2017, "page": 23, "note": "" }, "2018": { "value": 64, "sourceYear": 2018, "page": 23, "note": "" }, "2019": { "value": 155, "sourceYear": 2019, "page": 23, "note": "" }, "2020": { "value": -144, "sourceYear": 2020, "page": 25, "note": "" }, "2021": { "value": -90, "sourceYear": 2021, "page": 26, "note": "" }, "2022": { "value": -182, "sourceYear": 2022, "page": 26, "note": "" }, "2023": { "value": -320, "sourceYear": 2023, "page": 29, "note": "" }, "2024": { "value": -681, "sourceYear": 2024, "page": 31, "note": "" }, "2025": { "value": -432, "sourceYear": 2025, "page": 32, "note": "" } } }, { "id": "amAum", "label": "资产管理分部 AUM", "english": "Asset Management assets under management", "category": "资管平台", "unit": "CADm", "basis": "非 IFRS", "description": "MFS 与 SLC 平台合计；2021 调整 AUM 口径。", "values": { "2016": { "value": 624800, "sourceYear": 2016, "page": 41, "note": "" }, "2017": { "value": 677600, "sourceYear": 2017, "page": 32, "note": "" }, "2018": { "value": 649700, "sourceYear": 2018, "page": 31, "note": "" }, "2019": { "value": 768800, "sourceYear": 2019, "page": 32, "note": "" }, "2020": { "value": 882500, "sourceYear": 2020, "page": 34, "note": "" }, "2021": { "value": 1059200, "sourceYear": 2021, "page": 35, "note": "" }, "2022": { "value": 952000, "sourceYear": 2022, "page": 37, "note": "" }, "2023": { "value": 1015900, "sourceYear": 2023, "page": 33, "note": "" }, "2024": { "value": 1121300, "sourceYear": 2024, "page": 35, "note": "" }, "2025": { "value": 1154000, "sourceYear": 2025, "page": 36, "note": "" } } }, { "id": "mfsAum", "label": "MFS 管理资产规模", "english": "MFS AUM CAD", "category": "资管平台", "unit": "CADm", "basis": "非 IFRS", "description": "统一采用加元，避免与年报中的美元 AUM 混用。", "values": { "2016": { "value": 571600, "sourceYear": 2016, "page": 42, "note": "" }, "2017": { "value": 618300, "sourceYear": 2017, "page": 32, "note": "" }, "2018": { "value": 584200, "sourceYear": 2018, "page": 31, "note": "" }, "2019": { "value": 684800, "sourceYear": 2019, "page": 32, "note": "" }, "2020": { "value": 776800, "sourceYear": 2020, "page": 34, "note": "" }, "2021": { "value": 875200, "sourceYear": 2021, "page": 35, "note": "" }, "2022": { "value": 742300, "sourceYear": 2022, "page": 37, "note": "" }, "2023": { "value": 792800, "sourceYear": 2023, "page": 33, "note": "" }, "2024": { "value": 871200, "sourceYear": 2024, "page": 35, "note": "" }, "2025": { "value": 894000, "sourceYear": 2025, "page": 36, "note": "" } } }, { "id": "slcAum", "label": "SLC 管理资产规模", "english": "SLC Management AUM CAD", "category": "资管平台", "unit": "CADm", "basis": "非 IFRS", "description": "早期称 Sun Life Investment Management；2021 纳入未调用资本承诺。", "values": { "2016": { "value": 53200, "sourceYear": 2016, "page": 43, "note": "" }, "2017": { "value": 59300, "sourceYear": 2017, "page": 32, "note": "" }, "2018": { "value": 65500, "sourceYear": 2018, "page": 31, "note": "" }, "2019": { "value": 84000, "sourceYear": 2019, "page": 32, "note": "" }, "2020": { "value": 105600, "sourceYear": 2020, "page": 34, "note": "" }, "2021": { "value": 183900, "sourceYear": 2021, "page": 35, "note": "" }, "2022": { "value": 209600, "sourceYear": 2022, "page": 37, "note": "" }, "2023": { "value": 223100, "sourceYear": 2023, "page": 33, "note": "" }, "2024": { "value": 250100, "sourceYear": 2024, "page": 35, "note": "" }, "2025": { "value": 260000, "sourceYear": 2025, "page": 36, "note": "" } } }, { "id": "mfsUnderlying", "label": "MFS 基础净利润（加元）", "english": "MFS underlying net income CAD", "category": "资管平台", "unit": "CADm", "basis": "非 IFRS", "description": "2023 年报将 2022 基础利润重述为 1,080。", "values": { "2017": { "value": 788, "sourceYear": 2017, "page": 32, "note": "" }, "2018": { "value": 898, "sourceYear": 2018, "page": 31, "note": "" }, "2019": { "value": 973, "sourceYear": 2019, "page": 32, "note": "" }, "2020": { "value": 1034, "sourceYear": 2020, "page": 34, "note": "" }, "2021": { "value": 1235, "sourceYear": 2021, "page": 35, "note": "" }, "2022": { "value": 1089, "sourceYear": 2022, "page": 37, "note": "" }, "2023": { "value": 1044, "sourceYear": 2023, "page": 33, "note": "" }, "2024": { "value": 1117, "sourceYear": 2024, "page": 35, "note": "" }, "2025": { "value": 1129, "sourceYear": 2025, "page": 36, "note": "" } } }, { "id": "slcUnderlying", "label": "SLC 基础净利润", "english": "SLC Management underlying net income", "category": "资管平台", "unit": "CADm", "basis": "非 IFRS", "description": "2023 年报将 2022 基础利润重述为 158。", "values": { "2017": { "value": 24, "sourceYear": 2017, "page": 32, "note": "" }, "2018": { "value": 27, "sourceYear": 2018, "page": 31, "note": "" }, "2019": { "value": 31, "sourceYear": 2019, "page": 32, "note": "" }, "2020": { "value": 94, "sourceYear": 2020, "page": 34, "note": "" }, "2021": { "value": 111, "sourceYear": 2021, "page": 35, "note": "" }, "2022": { "value": 115, "sourceYear": 2022, "page": 37, "note": "" }, "2023": { "value": 195, "sourceYear": 2023, "page": 33, "note": "" }, "2024": { "value": 176, "sourceYear": 2024, "page": 35, "note": "" }, "2025": { "value": 242, "sourceYear": 2025, "page": 36, "note": "" } } }, { "id": "mfsNet", "label": "MFS 净资金流量（加元）", "english": "MFS net flows CAD", "category": "风险与现金流", "unit": "CADm", "basis": "非 IFRS", "description": "负值为净流出；并不等同于 AUM 下降，市场及汇率可抵销流出。", "values": { "2021": { "value": -11400, "sourceYear": 2021, "page": 35, "note": "" }, "2022": { "value": -43400, "sourceYear": 2022, "page": 37, "note": "" }, "2023": { "value": -38900, "sourceYear": 2023, "page": 33, "note": "" }, "2024": { "value": -79400, "sourceYear": 2024, "page": 35, "note": "" }, "2025": { "value": -58100, "sourceYear": 2025, "page": 36, "note": "" } } }, { "id": "slcNet", "label": "SLC 净资金流量", "english": "SLC Management net flows AUM", "category": "风险与现金流", "unit": "CADm", "basis": "非 IFRS", "description": "AUM 净流量，与收费资产净流量不同。", "values": { "2021": { "value": 32500, "sourceYear": 2021, "page": 35, "note": "" }, "2022": { "value": 21500, "sourceYear": 2022, "page": 37, "note": "" }, "2023": { "value": 12500, "sourceYear": 2023, "page": 33, "note": "" }, "2024": { "value": 16600, "sourceYear": 2024, "page": 35, "note": "" }, "2025": { "value": 18200, "sourceYear": 2025, "page": 36, "note": "" } } }, { "id": "amNet", "label": "资管分部净资金流量", "english": "Asset Management net flows", "category": "风险与现金流", "unit": "CADm", "basis": "非 IFRS", "description": "", "values": { "2021": { "value": 21100, "sourceYear": 2021, "page": 35, "note": "" }, "2022": { "value": -22000, "sourceYear": 2022, "page": 37, "note": "" }, "2023": { "value": -26400, "sourceYear": 2023, "page": 33, "note": "" }, "2024": { "value": -62800, "sourceYear": 2024, "page": 35, "note": "" }, "2025": { "value": -39900, "sourceYear": 2025, "page": 36, "note": "" } } }, { "id": "netFlows", "label": "独立基金及第三方 AUM 净流量", "english": "Segregated fund and third-party AUM net flows", "category": "风险与现金流", "unit": "CADm", "basis": "非 IFRS", "description": "与资产管理分部净流量的范围不同，含加拿大、亚洲及其他。", "values": { "2024": { "value": -60700, "sourceYear": 2024, "page": 25, "note": "" }, "2025": { "value": -36900, "sourceYear": 2025, "page": 26, "note": "" }, "2022": { "value": -21500, "sourceYear": 2023, "page": 24, "note": "2023 年报比较表；2022 SLC 净流量按集团合并口径为 21.4 十亿加元。" }, "2023": { "value": -26900, "sourceYear": 2023, "page": 24, "note": "" } } }, { "id": "marketImpact", "label": "市场相关影响（税后）", "english": "Market-related impacts after tax", "category": "风险与现金流", "unit": "CADm", "basis": "非 IFRS 调节", "description": "基础净利润与法定净利润之间的调节项目；不等同于投资组合涨跌。", "values": { "2023": { "value": -454, "sourceYear": 2023, "page": 20, "note": "" }, "2024": { "value": -373, "sourceYear": 2024, "page": 21, "note": "" }, "2025": { "value": -381, "sourceYear": 2025, "page": 22, "note": "" } } }, { "id": "acma", "label": "假设变更及管理行动（税后）", "english": "Assumption changes and management actions", "category": "风险与现金流", "unit": "CADm", "basis": "非 IFRS 调节", "description": "", "values": { "2023": { "value": 36, "sourceYear": 2023, "page": 20, "note": "" }, "2024": { "value": 56, "sourceYear": 2024, "page": 21, "note": "" }, "2025": { "value": -45, "sourceYear": 2025, "page": 22, "note": "" } } }, { "id": "otherAdjust", "label": "其他利润调节（税后）", "english": "Other adjustments after tax", "category": "风险与现金流", "unit": "CADm", "basis": "非 IFRS 调节", "description": "", "values": { "2023": { "value": -224, "sourceYear": 2023, "page": 20, "note": "" }, "2024": { "value": -490, "sourceYear": 2024, "page": 21, "note": "" }, "2025": { "value": -303, "sourceYear": 2025, "page": 22, "note": "" } } }, { "id": "best", "label": "A.M. Best 财务实力评级", "english": "A.M. Best financial strength rating", "category": "评级", "unit": "评级", "basis": "独立机构", "description": "评级对象为 Sun Life Assurance，不是母公司、所有子公司或具体产品。各年年报的评级表日期通常为次年 1 月 31 日；此处按所属年报归档，未声称是今日评级。", "values": { "2016": { "value": "A+", "sourceYear": 2016, "page": 80, "note": "" }, "2017": { "value": "A+", "sourceYear": 2017, "page": 22, "note": "" }, "2018": { "value": "A+", "sourceYear": 2018, "page": 22, "note": "" }, "2019": { "value": "A+", "sourceYear": 2019, "page": 22, "note": "" }, "2020": { "value": "A+", "sourceYear": 2020, "page": 25, "note": "" }, "2021": { "value": "A+", "sourceYear": 2021, "page": 25, "note": "" }, "2022": { "value": "A+", "sourceYear": 2022, "page": 25, "note": "" }, "2023": { "value": "A+", "sourceYear": 2023, "page": 28, "note": "" }, "2024": { "value": "A+", "sourceYear": 2024, "page": 30, "note": "" }, "2025": { "value": "A+", "sourceYear": 2025, "page": 31, "note": "" } } }, { "id": "dbrs", "label": "DBRS 财务实力评级", "english": "DBRS financial strength rating", "category": "评级", "unit": "评级", "basis": "独立机构", "description": "评级对象为 Sun Life Assurance，不是母公司、所有子公司或具体产品。各年年报的评级表日期通常为次年 1 月 31 日；此处按所属年报归档，未声称是今日评级。", "values": { "2016": { "value": "AA (low)", "sourceYear": 2016, "page": 80, "note": "" }, "2017": { "value": "AA (low)", "sourceYear": 2017, "page": 22, "note": "" }, "2018": { "value": "AA (low)", "sourceYear": 2018, "page": 22, "note": "" }, "2019": { "value": "AA", "sourceYear": 2019, "page": 22, "note": "" }, "2020": { "value": "AA", "sourceYear": 2020, "page": 25, "note": "" }, "2021": { "value": "AA", "sourceYear": 2021, "page": 25, "note": "" }, "2022": { "value": "AA", "sourceYear": 2022, "page": 25, "note": "" }, "2023": { "value": "AA", "sourceYear": 2023, "page": 28, "note": "" }, "2024": { "value": "AA", "sourceYear": 2024, "page": 30, "note": "" }, "2025": { "value": "AA", "sourceYear": 2025, "page": 31, "note": "" } } }, { "id": "moodys", "label": "Moody’s 财务实力评级", "english": "Moodys financial strength rating", "category": "评级", "unit": "评级", "basis": "独立机构", "description": "评级对象为 Sun Life Assurance，不是母公司、所有子公司或具体产品。各年年报的评级表日期通常为次年 1 月 31 日；此处按所属年报归档，未声称是今日评级。", "values": { "2016": { "value": "Aa3", "sourceYear": 2016, "page": 80, "note": "" }, "2017": { "value": "Aa3", "sourceYear": 2017, "page": 22, "note": "" }, "2018": { "value": "Aa3", "sourceYear": 2018, "page": 22, "note": "" }, "2019": { "value": "Aa3", "sourceYear": 2019, "page": 22, "note": "" }, "2020": { "value": "Aa3", "sourceYear": 2020, "page": 25, "note": "" }, "2021": { "value": "Aa3", "sourceYear": 2021, "page": 25, "note": "" }, "2022": { "value": "Aa3", "sourceYear": 2022, "page": 25, "note": "" }, "2023": { "value": "Aa3", "sourceYear": 2023, "page": 28, "note": "" }, "2024": { "value": "Aa3", "sourceYear": 2024, "page": 30, "note": "" }, "2025": { "value": "Aa3", "sourceYear": 2025, "page": 31, "note": "" } } }, { "id": "sp", "label": "S&P 财务实力评级", "english": "Standard & Poors financial strength rating", "category": "评级", "unit": "评级", "basis": "独立机构", "description": "评级对象为 Sun Life Assurance，不是母公司、所有子公司或具体产品。各年年报的评级表日期通常为次年 1 月 31 日；此处按所属年报归档，未声称是今日评级。", "values": { "2016": { "value": "AA−", "sourceYear": 2016, "page": 80, "note": "" }, "2017": { "value": "AA−", "sourceYear": 2017, "page": 22, "note": "" }, "2018": { "value": "AA−", "sourceYear": 2018, "page": 22, "note": "" }, "2019": { "value": "AA", "sourceYear": 2019, "page": 22, "note": "" }, "2020": { "value": "AA", "sourceYear": 2020, "page": 25, "note": "" }, "2021": { "value": "AA", "sourceYear": 2021, "page": 25, "note": "" }, "2022": { "value": "AA", "sourceYear": 2022, "page": 25, "note": "" }, "2023": { "value": "AA", "sourceYear": 2023, "page": 28, "note": "" }, "2024": { "value": "AA", "sourceYear": 2024, "page": 30, "note": "" }, "2025": { "value": "AA", "sourceYear": 2025, "page": 31, "note": "" } } }, { "id": "grossClaims", "label": "总索赔及给付（旧准则）", "english": "Gross claims and benefits paid", "category": "增长", "unit": "CADm", "basis": "IFRS", "description": "集团旧准则合并总索赔及给付，不是香港理赔金额或理赔通过率。", "values": { "2016": { "value": 15210, "sourceYear": 2016, "page": 92, "note": "" }, "2017": { "value": 15353, "sourceYear": 2017, "page": 93, "note": "" }, "2018": { "value": 15986, "sourceYear": 2018, "page": 100, "note": "" }, "2019": { "value": 17421, "sourceYear": 2019, "page": 99, "note": "" }, "2020": { "value": 18307, "sourceYear": 2020, "page": 109, "note": "" }, "2021": { "value": 18722, "sourceYear": 2021, "page": 116, "note": "" }, "2022": { "value": 22044, "sourceYear": 2022, "page": 125, "note": "" } } }, { "id": "operatingExpenses", "label": "营运费用（不含佣金等）", "english": "Operating expenses", "category": "风险与现金流", "unit": "CADm", "basis": "IFRS", "description": "仅提取单独列示年份；2021 起与佣金及保费税合并列示。", "values": { "2016": { "value": 6000, "sourceYear": 2016, "page": 92, "note": "" }, "2017": { "value": 6410, "sourceYear": 2017, "page": 93, "note": "" }, "2018": { "value": 6432, "sourceYear": 2018, "page": 100, "note": "" }, "2019": { "value": 7033, "sourceYear": 2019, "page": 99, "note": "" }, "2020": { "value": 7401, "sourceYear": 2020, "page": 109, "note": "" } } }, { "id": "operatingAll", "label": "营运费用、佣金及保费税", "english": "Operating expenses commissions and premium taxes", "category": "风险与现金流", "unit": "CADm", "basis": "IFRS", "description": "与单独营运费用口径不同。", "values": { "2021": { "value": 11817, "sourceYear": 2021, "page": 116, "note": "" }, "2022": { "value": 12364, "sourceYear": 2022, "page": 125, "note": "" } } }, { "id": "thirdRetail", "label": "第三方零售 AUM", "english": "Third-party retail AUM", "category": "规模", "unit": "CADm", "basis": "非 IFRS", "description": "", "values": { "2023": { "value": 567657, "sourceYear": 2023, "page": 24, "note": "" }, "2024": { "value": 648515, "sourceYear": 2024, "page": 25, "note": "" }, "2025": { "value": 666852, "sourceYear": 2025, "page": 26, "note": "" } } }, { "id": "thirdInstitutional", "label": "第三方机构及其他 AUM", "english": "Institutional managed funds and other", "category": "规模", "unit": "CADm", "basis": "非 IFRS", "description": "", "values": { "2023": { "value": 537424, "sourceYear": 2023, "page": 24, "note": "" }, "2024": { "value": 568437, "sourceYear": 2024, "page": 25, "note": "" }, "2025": { "value": 591829, "sourceYear": 2025, "page": 26, "note": "" } } }, { "id": "aumAdjust", "label": "AUM 合并调整", "english": "AUM consolidation adjustments", "category": "规模", "unit": "CADm", "basis": "非 IFRS", "description": "避免内部资产重复计算；2025 年报将 2024 比较值更新为 -45,057。", "values": { "2023": { "value": -38717, "sourceYear": 2023, "page": 24, "note": "" }, "2024": { "value": -45333, "sourceYear": 2024, "page": 25, "note": "" }, "2025": { "value": -52272, "sourceYear": 2025, "page": 26, "note": "" } } }, { "id": "shares", "label": "年末普通股数", "english": "Closing common shares outstanding", "category": "资本", "unit": "百万股", "basis": "IFRS", "description": "依财务摘要原列示精度；2024、2025 为百万股的整数约数。", "values": { "2017": { "value": 610.5, "sourceYear": 2017, "page": 16, "note": "" }, "2018": { "value": 598.5, "sourceYear": 2018, "page": 16, "note": "" }, "2019": { "value": 588, "sourceYear": 2019, "page": 16, "note": "" }, "2020": { "value": 585, "sourceYear": 2020, "page": 18, "note": "" }, "2021": { "value": 586, "sourceYear": 2021, "page": 19, "note": "" }, "2022": { "value": 586, "sourceYear": 2022, "page": 18, "note": "" }, "2023": { "value": 585, "sourceYear": 2023, "page": 19, "note": "" }, "2024": { "value": 574, "sourceYear": 2024, "page": 20, "note": "" }, "2025": { "value": 554, "sourceYear": 2025, "page": 21, "note": "" } } }, { "id": "otherInvest", "label": "其他投资资产及余额", "english": "Other invested assets and policy loan remainder", "category": "投资", "unit": "CADm", "basis": "IFRS", "description": "2023 起投资表单独列示 Other invested assets。", "values": { "2023": { "value": 12018, "sourceYear": 2023, "page": 50, "note": "" }, "2024": { "value": 15135, "sourceYear": 2024, "page": 52, "note": "" }, "2025": { "value": 16067, "sourceYear": 2025, "page": 53, "note": "" } } } ], "restatements": [ { "year": 2022, "sourceYear": 2023, "page": 19, "values": { "underlying": 3369, "reported": 2871, "epsUnderlying": 5.75, "epsReported": 4.89, "roeUnderlying": 17.0, "roeReported": 14.5, "wealthSales": 198650, "newCsm": 762 }, "note": "2023 年报依据 IFRS 17/9 重述；公司当时并非按新准则管理资产负债，比较仍有局限。" }, { "year": 2022, "sourceYear": 2023, "page": 24, "values": { "aum": 1318561, "generalAssets": 198316, "segAssets": 125292 }, "note": "新准则下 2022 年 AUM 及资产比较数。" }, { "year": 2020, "sourceYear": 2021, "page": 19, "values": { "aum": 1256009, "vnb": 1146 }, "note": "SLC AUM 纳入未调用资本承诺；美国团体业务 VNB 确认时点改变。" }, { "year": 2024, "sourceYear": 2025, "page": 26, "values": { "aum": 1542616 }, "note": "2025 年报更新 AUM 合并调整；2024 原报为 1,542,340。" }, { "year": 2022, "sourceYear": 2023, "page": 29, "values": { "canadaUnderlying": 1063, "usUnderlying": 698, "amUnderlying": 1238, "asiaUnderlying": 539, "corpUnderlying": -169, "canadaReported": 1241, "usReported": 532, "amReported": 1148, "asiaReported": 210, "corpReported": -260 }, "note": "2022 分部业绩按 IFRS 17/9 重述。" } ], "reports": [ { "year": 2016, "filename": "Sunlife Annual-Report-2016_English.pdf", "pages": 176, "officialArchive": "https://www.sunlife.com/en/investors/financial-results-and-reports/annual-reports/", "ratingDate": "2017-01-31" }, { "year": 2017, "filename": "Sunlife annual-report-2017.pdf", "pages": 175, "officialArchive": "https://www.sunlife.com/en/investors/financial-results-and-reports/annual-reports/", "ratingDate": "2018-01-31" }, { "year": 2018, "filename": "Sunlife Annual-report-2018.pdf", "pages": 180, "officialArchive": "https://www.sunlife.com/en/investors/financial-results-and-reports/annual-reports/", "ratingDate": "2019-01-31" }, { "year": 2019, "filename": "Sunlife Annual-Report-2019-EN.pdf", "pages": 180, "officialArchive": "https://www.sunlife.com/en/investors/financial-results-and-reports/annual-reports/", "ratingDate": "2020-01-31" }, { "year": 2020, "filename": "Sunlife annual-report-2020-e.pdf", "pages": 196, "officialArchive": "https://www.sunlife.com/en/investors/financial-results-and-reports/annual-reports/", "ratingDate": "2021-01-31" }, { "year": 2021, "filename": "Sunlife annual-report-2021-e.pdf", "pages": 208, "officialArchive": "https://www.sunlife.com/en/investors/financial-results-and-reports/annual-reports/", "ratingDate": "2022-01-31" }, { "year": 2022, "filename": "Sunlife annual-report-2022-e.pdf", "pages": 218, "officialArchive": "https://www.sunlife.com/en/investors/financial-results-and-reports/annual-reports/", "ratingDate": "2023-01-31" }, { "year": 2023, "filename": "Sunlife annual-report-2023-e.pdf", "pages": 264, "officialArchive": "https://www.sunlife.com/en/investors/financial-results-and-reports/annual-reports/", "ratingDate": "2024-01-31" }, { "year": 2024, "filename": "Sunlife annual-report-2024-e.pdf", "pages": 248, "officialArchive": "https://www.sunlife.com/en/investors/financial-results-and-reports/annual-reports/", "ratingDate": "2025-01-31" }, { "year": 2025, "filename": "annual-report-2025-e.pdf", "pages": 247, "officialArchive": "https://www.sunlife.com/en/investors/financial-results-and-reports/annual-reports/", "ratingDate": "2026-01-31" } ], "methodology": { "scope": "Sun Life Financial Inc. 及其合并子公司；财务实力评级对象为 Sun Life Assurance。", "currency": "CAD；金额存储为百万加元，网页可切换显示单位。", "basis": "按各年度原报提取；重述比较数另存，不覆盖原始记录。缺失表示该指标未在选定口径中单独提取或不适用，不表示零。", "coverage": "覆盖全部十份年报的财务摘要、合并报表、评级、一般基金投资、资本、业务分部及资管平台等关键指标；不将附注中的每个明细数字都称为关键指标。" } }