Hanwha General Insurance Balance Sheet

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Investments in Debt Securities	-	-	-	-	-	5,992,987
Investments in Equity & Preferred Securities	6,419	6,419	35,326	37,806	15,715	331,346
Policy Loans	-	-	-	-	-	1,297,433
Other Investments	461,643	428,777	297,199	379,635	213,144	5,702,484
Total Investments	17,360,724	17,983,054	17,999,363	16,305,945	14,187,608	15,214,009
Cash & Equivalents	0.4	0.39	-	-	-	-0
Reinsurance Recoverable	823,598	826,023	413,856	463,420	668,607	933,104
Other Receivables	1,084,122	988,009	772,855	659,162	1,688,436	2,508,186
Deferred Policy Acquisition Cost	-	-	-	-	-	797,358
Separate Account Assets	-	-	-	-	-	4,228
Property, Plant & Equipment	361,102	360,617	357,249	390,591	396,972	476,003
Goodwill	58,430	58,430	-	-	-	-
Other Intangible Assets	33,529	35,113	27,079	23,653	24,114	28,226
Other Current Assets	201,693	171,665	219,793	207,592	134,579	242,464
Long-Term Deferred Charges	42,390	42,064	27,302	36,041	37,460	38,565
Other Long-Term Assets	22,555	27,859	16,664	28,860	35,735	42,844
Total Assets	19,988,144	20,492,835	19,834,161	18,115,264	17,173,512	20,284,988
Accrued Expenses	109,807	94,732	59,635	44,233	70,785	124,606
Insurance & Annuity Liabilities	-	-	-	0	-0	15,402,193
Unpaid Claims	-	-	-	-	-	714,393
Unearned Premiums	-	-	-	-	-	774,845
Reinsurance Payable	-	-	-	-	-	304,944
Current Income Taxes Payable	2,335	818.3	-	-	111,963	-
Long-Term Debt	1,098,653	1,098,503	600,416	251,767	729,913	479,492
Long-Term Deferred Tax Liabilities	455,313	396,259	365,792	485,896	365,820	76,075
Separate Account Liability	80,723	75,890	72,271	66,745	65,884	4,616
Other Current Liabilities	789,469	502,317	277,121	175,033	306,743	79,326
Other Long-Term Liabilities	14,548,988	15,614,711	15,502,865	13,740,670	12,285,640	860,136
Total Liabilities	17,086,606	17,785,254	16,881,077	14,769,484	13,942,309	18,825,405
Total Preferred Equity	190,000	190,000	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	66,873	66,873	89,678	69,883
Retained Earnings	2,833,109	2,731,993	2,445,085	2,155,375	1,863,659	526,848
Treasury Stock	-5,455	-5,455	-5,455	-513.4	-513.4	-513.4
Comprehensive Income & Other	-807,905	-897,547	-413,670	236,835	410,938	237,896
Total Common Equity	2,670,316	2,479,558	2,676,527	3,042,263	2,947,456	1,417,809
Minority Interest	41,221	38,022	86,556	113,516	93,746	41,774
Shareholders' Equity	2,901,537	2,707,580	2,953,083	3,345,779	3,231,202	1,459,583
Total Liabilities & Equity	19,988,144	20,492,835	19,834,161	18,115,264	17,173,512	20,284,988
Filing Date Shares Outstanding	115.62	115.62	115.62	116.62	116.62	116.62
Total Common Shares Outstanding	115.62	115.62	115.62	116.62	116.62	116.62
Total Debt	1,098,653	1,098,503	600,416	251,767	729,913	479,492
Net Cash (Debt)	-1,098,652	-1,098,502	-600,416	-251,767	-729,913	-479,492
Net Cash Per Share	-7191.78	-7176.48	-3892.28	-1627.05	-5768.91	-4107.39
Book Value Per Share	23095.54	21445.68	23149.26	26086.88	25273.93	12157.47
Tangible Book Value	2,578,357	2,386,015	2,649,448	3,018,611	2,923,342	1,389,582
Tangible Book Value Per Share	22300.18	20636.62	22915.05	25884.07	25067.15	11915.43
Land	132,967	132,410	121,359	121,774	121,639	268,852
Buildings	148,718	148,223	141,705	143,528	143,277	217,023
Machinery	234,618	232,916	209,738	193,846	180,831	157,731
Construction In Progress	9,639	8,810	9,929	-	-	-