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Power Financial Corp (POFNF)

Power Financial Corp (POFNF)
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Financial Summary for [[ item.sessionDateDisplayLong ]]
Power Financial Corp was established on April 5, 1940. The Company is a diversified international management and holding company that holds interests, directly or indirectly, in companies in the financial services industry in Canada, the United States and Europe. Through its indirect investment in Pargesa, has substantial holdings in companies based in Europe, active in the following industries: oil and gas, electricity, energy services, water and waste management services, specialty minerals, cement, aggregates and concrete, and wines and spirits. The Company operates in four segments: Great West Lifeco Inc. (Lifeco), IGM Financial Inc. (IGM), Parjointco N.V. (Parjointco) and other. Lifeco offers life insurance, retirement and investment products, as well as reinsurance and specialty general insurance products, to individuals, businesses and other private and public organizations. IGM offers a package of financial planning services and investment products to its client base. Parjointco holds the Company's interest in Pargesa Holding SA (Pargesa), a holding company which holds diversified interests in companies based in Europe active in various sectors, including specialty minerals, cement and building materials, water, waste services, energy, and wines and spirits. The segment entitled other is made up of corporate activities of the Company and also includes consolidation elimination entries.
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Net Cash Flow 0 0 0 0 0
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