Heungkuk Fire&Marine Insurance Co., Ltd. (KRX: 000540)

Heungkuk Fire&Marine Insurance Balance Sheet

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

Fiscal Year	TTM	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013
Period Ending	Dec 31, 2017	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014	Dec 31, 2013
Investments in Debt Securities	3,844,143	3,844,143	3,215,883	2,390,395	2,117,854	1,682,093
Investments in Equity & Preferred Securities	9,891	9,891	7,953	7,439	7,567	7,922
Policy Loans	588,585	588,585	456,247	365,112	267,495	220,384
Other Investments	2,212,216	2,212,216	1,998,040	1,907,674	1,553,123	1,169,303
Total Investments	7,949,481	7,949,481	7,209,994	6,190,544	5,122,345	4,227,928
Cash & Equivalents	5	5	3	5	9	7
Reinsurance Recoverable	417,778	417,778	408,943	382,988	357,570	348,240
Other Receivables	1,979,203	1,979,203	1,755,811	1,491,108	1,236,691	975,643
Deferred Policy Acquisition Cost	567,589	567,589	664,476	741,117	809,817	827,079
Separate Account Assets	474	474	472	967	975	3,614
Property, Plant & Equipment	93,598	93,598	66,875	64,948	62,465	63,916
Other Intangible Assets	22,267	22,267	25,963	29,698	34,084	40,271
Other Current Assets	123,540	123,540	83,442	86,476	83,675	85,080
Long-Term Deferred Tax Assets	-	-	-	-	-	9,146
Total Assets	11,153,935	11,153,935	10,215,979	8,987,851	7,707,631	6,580,924
Accrued Expenses	33,794	33,794	29,293	34,393	40,402	35,333
Insurance & Annuity Liabilities	9,289,084	9,289,084	8,379,264	7,318,157	6,198,566	5,259,766
Unpaid Claims	560,493	560,493	547,406	475,386	462,264	452,455
Unearned Premiums	152,279	152,279	195,302	224,309	199,631	206,085
Reinsurance Payable	185,252	185,252	165,498	144,419	127,666	119,281
Long-Term Debt	205,791	205,791	206,142	201,390	150,969	141,641
Long-Term Deferred Tax Liabilities	25,349	25,349	21,206	40,644	27,404	-
Separate Account Liability	474	474	472	967	975	3,614
Other Current Liabilities	1,125	1,125	51,376	38,185	16,952	2,438
Other Long-Term Liabilities	67,377	67,377	66,330	66,925	80,060	68,969
Total Liabilities	10,524,599	10,524,599	9,663,721	8,545,829	7,306,048	6,290,173
Total Preferred Equity	4,608	4,608	4,608	4,608	4,608	4,608
Common Stock	321,213	321,213	321,213	321,213	321,213	321,213
Retained Earnings	116,301	116,301	36,218	4,714	-14,939	-46,979
Comprehensive Income & Other	187,214	187,214	190,219	111,487	90,701	11,909
Total Common Equity	624,728	624,728	547,650	437,414	396,975	286,143
Shareholders' Equity	629,336	629,336	552,258	442,022	401,583	290,751
Total Liabilities & Equity	11,153,935	11,153,935	10,215,979	8,987,851	7,707,631	6,580,924
Filing Date Shares Outstanding	64.24	64.24	64.24	64.24	64.24	64.24
Total Common Shares Outstanding	64.24	64.24	64.24	64.24	64.24	64.24
Total Debt	205,791	205,791	206,142	201,390	150,969	141,641
Net Cash (Debt)	-205,786	-205,786	-206,139	-201,385	-150,960	-141,634
Net Cash Per Share	-3157.96	-3157.96	-3150.80	-3079.66	-2166.02	-2200.73
Book Value Per Share	9724.51	9724.51	8524.71	6808.78	6179.31	4454.10
Tangible Book Value	602,461	602,461	521,687	407,716	362,891	245,872
Tangible Book Value Per Share	9377.90	9377.90	8120.57	6346.50	5648.76	3827.24
Land	75,597	75,597	49,027	48,210	45,482	45,679
Buildings	16,541	16,541	16,622	15,965	16,277	16,226
Machinery	30,630	30,630	26,633	24,309	28,213	27,706

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