Hanwha General Insurance Co., Ltd. (KRX: 000370)

Hanwha General Insurance Balance Sheet

Financials in millions KRW. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Investments in Debt Securities	-	-	-	5,992,987	5,195,348	4,774,593
Investments in Equity & Preferred Securities	38,433	37,806	15,715	331,346	248,472	193,831
Policy Loans	-	-	-	1,297,433	1,170,695	1,097,977
Other Investments	324,614	379,635	213,144	5,702,484	6,045,352	5,056,618
Total Investments	16,657,182	16,305,945	14,187,608	15,214,009	14,451,565	12,995,047
Cash & Equivalents	-	-	-	-0	-0	-0
Reinsurance Recoverable	426,945	463,420	668,607	933,104	878,551	1,180,135
Other Receivables	719,915	659,162	1,688,436	2,508,186	2,681,373	2,617,186
Deferred Policy Acquisition Cost	-	-	-	797,358	867,007	907,586
Separate Account Assets	-	-	-	4,228	5,707	5,443
Property, Plant & Equipment	423,396	390,591	396,972	476,003	364,644	341,523
Other Intangible Assets	20,740	23,653	24,114	28,226	30,705	27,808
Other Current Assets	157,427	207,592	134,579	242,464	147,537	122,051
Long-Term Deferred Charges	29,010	36,041	37,460	38,565	44,188	27,700
Other Long-Term Assets	19,462	28,860	35,735	42,844	47,056	32,680
Total Assets	18,454,077	18,115,264	17,173,512	20,284,988	19,518,333	18,257,160
Accrued Expenses	51,251	44,233	70,785	124,606	111,415	112,638
Insurance & Annuity Liabilities	0	0	-0	15,402,193	14,521,287	13,524,589
Unpaid Claims	-	-	-	714,393	671,465	636,078
Unearned Premiums	-	-	-	774,845	754,522	737,383
Reinsurance Payable	-	-	-	304,944	273,475	526,958
Current Income Taxes Payable	-	-	111,963	-	-	-
Long-Term Debt	251,527	251,767	729,913	479,492	479,372	482,770
Long-Term Deferred Tax Liabilities	369,685	485,896	365,820	76,075	163,064	82,834
Separate Account Liability	67,551	66,745	65,884	4,616	5,970	5,667
Other Current Liabilities	248,343	175,033	306,743	79,326	33,696	34,469
Other Long-Term Liabilities	14,514,506	13,740,670	12,285,640	860,136	790,269	639,317
Total Liabilities	15,507,233	14,769,484	13,942,309	18,825,405	17,811,682	16,792,845
Total Preferred Equity	190,000	190,000	190,000	-	-	-
Common Stock	583,695	583,695	583,695	583,695	583,695	583,695
Additional Paid-In Capital	66,873	66,873	89,678	69,883	73,299	67,828
Retained Earnings	2,347,992	2,155,375	1,863,659	526,848	417,184	367,355
Treasury Stock	-5,455	-513.4	-513.4	-513.4	-	-
Comprehensive Income & Other	-336,833	236,835	410,938	237,896	605,695	399,914
Total Common Equity	2,656,271	3,042,263	2,947,456	1,417,809	1,679,873	1,418,792
Minority Interest	100,574	113,516	93,746	41,774	26,778	45,523
Shareholders' Equity	2,946,845	3,345,779	3,231,202	1,459,583	1,706,651	1,464,315
Total Liabilities & Equity	18,454,077	18,115,264	17,173,512	20,284,988	19,518,333	18,257,160
Filing Date Shares Outstanding	115.62	116.62	116.62	116.62	116.74	116.74
Total Common Shares Outstanding	115.62	116.62	116.62	116.62	116.74	116.74
Total Debt	251,527	251,767	729,913	479,492	479,372	482,770
Net Cash (Debt)	-251,527	-251,767	-729,913	-479,492	-479,372	-482,770
Net Cash Per Share	-1626.99	-1627.05	-5768.91	-4107.39	-4106.36	-4135.46
Book Value Per Share	22974.06	26086.88	25273.93	12157.47	14390.00	12153.55
Tangible Book Value	2,635,531	3,018,611	2,923,342	1,389,582	1,649,168	1,390,984
Tangible Book Value Per Share	22794.68	25884.07	25067.15	11915.43	14126.97	11915.34
Land	157,345	121,774	121,639	268,852	160,012	154,538
Buildings	157,166	143,528	143,277	217,023	220,295	147,870
Machinery	202,370	193,846	180,831	157,731	135,370	118,612
Construction In Progress	-	-	-	-	-	61,930

Source: S&P Capital IQ. Insurance template. Financial Sources.