Lotte Non - Life Insurance Co., Ltd. (KRX: 000400)

Lotte Non - Life 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 Equity & Preferred Securities	9,245	9,915	6,418	-	-	-
Policy Loans	-	-	-	468,533	440,488	438,282
Other Investments	1,256,931	1,892,269	3,928,809	2,232,709	1,569,232	1,453,461
Total Investments	12,569,858	12,205,992	13,428,586	7,068,916	6,688,923	6,548,764
Reinsurance Recoverable	357,252	351,819	724,648	788,006	880,726	384,915
Other Receivables	1,883,107	2,034,933	2,380,937	843,765	773,259	860,260
Deferred Policy Acquisition Cost	-	-	-	575,718	477,174	384,040
Separate Account Assets	-	-	-	9,459,764	7,279,506	7,788,202
Property, Plant & Equipment	61,664	64,885	106,894	92,965	112,579	103,719
Other Intangible Assets	12,048	12,236	11,907	10,722	12,320	14,688
Other Current Assets	102,685	121,553	88,771	30,290	99,278	120,688
Long-Term Deferred Tax Assets	74,496	-	-	23,454	-	-
Long-Term Deferred Charges	40,902	46,751	15,407	18,365	26,613	36,734
Other Long-Term Assets	8,114	4,813	7,389	-775.84	-2,198	25,274
Total Assets	15,110,126	14,842,983	16,764,540	18,911,190	16,348,179	16,267,283
Accrued Expenses	41,041	50,244	42,497	40,917	50,396	64,547
Insurance & Annuity Liabilities	0	0	-0	6,480,780	6,144,351	5,917,604
Unpaid Claims	-	-	-	956,111	1,035,001	549,060
Unearned Premiums	-	4,812	4,143	222,050	293,830	409,241
Reinsurance Payable	-	-	-	96,568	92,597	98,649
Current Income Taxes Payable	-	397.36	-	32,858	-	-
Long-Term Debt	676,787	1,007,583	3,282,927	319,106	386,846	337,044
Long-Term Deferred Tax Liabilities	-	11,597	211,667	-	14,629	40,822
Separate Account Liability	7,575,811	7,221,049	6,190,323	9,619,853	7,328,453	7,738,115
Other Current Liabilities	140,003	65,329	72,395	47,001	20,468	30,131
Other Long-Term Liabilities	5,719,197	5,223,067	5,153,625	92,369	33,276	114,778
Total Liabilities	14,152,839	13,586,752	14,961,509	17,909,168	15,401,641	15,301,433
Common Stock	310,336	310,336	310,336	310,336	310,336	310,336
Additional Paid-In Capital	379,817	379,817	379,817	379,817	379,817	379,817
Retained Earnings	446,091	380,413	228,390	315,728	128,780	155,748
Treasury Stock	-1,135	-1,135	-1,135	-1,135	-1,135	-1,135
Comprehensive Income & Other	-177,822	186,800	885,622	-2,725	128,740	121,083
Shareholders' Equity	957,288	1,256,232	1,803,031	1,002,022	946,539	965,850
Total Liabilities & Equity	15,110,126	14,842,983	16,764,540	18,911,190	16,348,179	16,267,283
Filing Date Shares Outstanding	309.11	309.11	309.11	309.11	309.11	309.11
Total Common Shares Outstanding	309.11	309.11	309.11	309.11	309.11	309.11
Total Debt	676,787	1,007,583	3,282,927	319,106	386,846	337,044
Net Cash (Debt)	-676,787	-1,007,583	-3,282,927	-319,106	-386,846	-337,044
Net Cash Per Share	-2211.28	-3259.63	-10953.85	-1008.87	-1389.86	-2140.80
Book Value Per Share	3096.92	4064.03	5832.98	3241.64	3062.14	3124.61
Tangible Book Value	945,240	1,243,996	1,791,124	991,300	934,219	951,162
Tangible Book Value Per Share	3057.94	4024.44	5794.46	3206.95	3022.28	3077.10
Land	45	45	45	45	65,296	65,296
Buildings	1,807	1,807	1,807	1,760	25,838	25,919
Machinery	59,303	57,984	46,909	49,790	45,552	42,924
Construction In Progress	6,913	5,769	47,610	40,014	-	-

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