Consolidated statement of financial position as at December 31, 2021
Assets 2021 2020 
(restated)
(in thousands of U.S. dollars) 
Property and equipment 19,024 19,286
Right-of-use assets 1,634 2,245
Retirement benefit asset 14,106 12,381
Investment properties 24,147 22,444
Investment securities 138,100 124,940
Intangible assets 1,556 3,313
Long-term loans receivable 1,098 879
Deferred tax asset 12,988 13,431
Receivables
Due from reinsurers 85,485 59,996
Insurance receivables 38,786 37,587
Deferred acquisition costs 12,697 12,252
Policy loans 3,590 2,105
Prepayments and other current assets 10,499 4,493
151,057 116,433

Cash and cash equivalents 81,362 75,674
TOTAL ASSETS 445,072 391,026

Equity and Liabilities 2021 2020 
(restated)
(in thousands of U.S. dollars)
Equity
Share capital 10 10
Additional paid in capital 43,515 43,515
Other components of equity 3,695 5,681
Retained earnings 25,074 21,059
Shareholders' equity 72,294 70,265
Non-controlling interests 2,406 2,400
Total equity 74,700 72,665

Liabilities
Insurance liabilities 220,759 186,976
Due to reinsurers 105,901 87,060
Deferred tax payable 7,389 7,106
Current tax payable 1,221 1,201
Lease liabilities 1,741 2,315
Accounts payable and accrued liabilities 10,818 12,731
Loan payable 22,543 20,972
370,372 318,361

TOTAL EQUITY AND LIABILITIES  445,072 391,026
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