b'COMBINED FINANCIAL OVERVIEW STATEMENT OF INCOME AND COMPREHENSIVE INCOMEFor the year ended December 31, 20232023 2022(in thousands of Canadian dollars) $ $Adjusted*Insurance service revenue 1,153,000 1,050,000Insurance service expenses (956,000) (906,000)Insurance service result before reinsurance 197,000 144,000Transfer of reinsurance on premiums (64,000) (44,000)Amounts recovered from reinsurers for claims incurred 19,000 35,000Net income from reinsurance contracts held (45,000) (9,000)Insurance service result 152,000 135,000Net financial result 109,000 (110,000)Other expenses (55,000) (51,000)Earnings before income taxes 206,000 (26,000)Income taxes (50,000) 12,000Net income 156,000 (14,000)Revaluation of pension plans and other comprehensive income (13,000) 47,000Comprehensive income 143,000 33,000rt o Rep al u n n A 233 2 0 2|*Adjusted for the application of the IFRS 17 standard, restrospectively on January 1, 2022.'