b'PROMUTUEL RASSURANCESTATEMENT OF FINANCIAL POSITIONAs at December 31, 20222022 2021$ $(in thousands of Canadian dollars)ASSETSCash and investmentsCash and cash equivalents 7,143 3,906Available for sale investments 292,211 297,294Loans 2,069 26,541Interest in an associate 14 14Investment in joint ventures - 1,114301,437 328,869Accounts receivable 22,367 19,956Income taxes recoverable 23,081 -Reinsurance and retrocession assetsClaims being settled 42,915 35,259Unearned premiums 12,629 11,11755,544 46,376Prepaid expenses 27 27Deferred premium acquisition costs 19,871 15,962Tangible assets 206 263Right-of-use assets 292 587Deferred tax 1,963 1,961Total assets 424,788 414,0018 5 2 A nnua l 2 Re or t | p 20'