Hyundai Marine & Fire Insurance Co., Ltd. (KRX: 001450)

Hyundai Marine & Fire 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	-	-	20,363,651	15,846,791	13,446,362	12,806,431
Investments in Equity & Preferred Securities	143,525	138,183	641,247	683,256	621,544	477,399
Policy Loans	1,199	1,330	954.54	3,126,678	2,969,869	2,874,663
Other Investments	-	169,840	8,137,508	10,790,194	11,828,954	11,271,170
Total Investments	36,653,149	35,189,774	37,055,259	38,202,820	36,277,260	34,370,399
Cash & Equivalents	-	181.81	647.12	1.17	1.63	304.75
Reinsurance Recoverable	1,099,077	1,119,968	1,431,319	1,674,695	1,305,421	1,391,146
Other Receivables	4,737,719	4,825,204	4,833,323	4,288,288	3,646,020	3,147,029
Deferred Policy Acquisition Cost	-	-	-	1,807,705	1,617,023	1,531,989
Separate Account Assets	-	-	-	4,589,709	4,032,568	3,476,145
Property, Plant & Equipment	1,169,711	1,178,475	1,171,139	1,185,830	882,046	920,689
Other Intangible Assets	125,792	58,940	52,616	46,980	45,438	49,713
Other Current Assets	1,490,619	1,577,749	1,577,663	960,561	1,328,652	1,446,275
Long-Term Deferred Tax Assets	-	-	3,965	2,759	707.82	2,184
Long-Term Deferred Charges	-	67,103	47,235	52,165	54,064	47,601
Other Long-Term Assets	101,159	70,591	79,429	6,491	4,885	10,354
Total Assets	45,377,226	44,087,986	46,252,596	52,818,003	49,194,086	46,393,829
Accrued Expenses	-	225,450	254,756	394,136	352,276	302,308
Insurance & Annuity Liabilities	0	0	0	32,768,814	31,311,544	29,911,288
Unpaid Claims	-	-	-	3,274,099	3,013,223	2,836,891
Unearned Premiums	-	37,499	30,034	3,294,771	2,971,156	2,652,193
Reinsurance Payable	-	-	-	628,359	333,863	354,550
Short-Term Debt	-	-	-	-	0.93	0.93
Current Income Taxes Payable	5,147	2,571	2,726	41,851	44,474	2,338
Long-Term Debt	1,595,477	1,085,117	1,165,116	1,297,075	947,784	1,117,359
Long-Term Deferred Tax Liabilities	914,375	1,077,355	2,130,541	534,788	543,088	481,527
Separate Account Liability	3,362,789	3,159,642	3,513,459	4,536,719	4,071,568	3,329,548
Other Current Liabilities	497,676	223,780	384,928	293,704	119,843	155,845
Other Long-Term Liabilities	33,551,009	32,098,607	29,156,882	652,102	570,786	594,620
Total Liabilities	40,046,696	38,032,595	36,744,509	47,809,993	44,389,433	41,883,426
Common Stock	44,700	44,700	44,700	44,700	44,700	44,700
Additional Paid-In Capital	90,472	90,472	90,472	90,472	90,472	91,468
Retained Earnings	6,966,949	6,404,689	5,957,049	3,869,666	3,533,634	3,224,182
Treasury Stock	-67,686	-67,686	-67,686	-67,686	-45,004	-37,499
Comprensive Income & Other	-1,703,904	-416,782	3,483,551	1,070,859	1,180,852	1,187,552
Total Common Equity	5,330,530	6,055,392	9,508,086	5,008,010	4,804,654	4,510,403
Shareholders' Equity	5,330,530	6,055,392	9,508,086	5,008,010	4,804,654	4,510,403
Total Liabilities & Equity	45,377,226	44,087,986	46,252,596	52,818,003	49,194,086	46,393,829
Filing Date Shares Outstanding	78.41	78.41	78.41	78.41	79.41	79.74
Total Common Shares Outstanding	78.41	78.41	78.41	78.41	79.41	79.74
Total Debt	1,595,477	1,085,117	1,165,116	1,297,075	947,785	1,117,360
Net Cash (Debt)	-1,595,477	-1,084,935	-1,164,469	-1,297,073	-947,783	-1,117,056
Net Cash Per Share	-20346.70	-13835.90	-14850.17	-16502.96	-11910.06	-14009.52
Book Value Per Share	67978.88	77222.86	121254.18	63865.87	60500.96	56567.10
Tangible Book Value	5,204,738	5,996,452	9,455,470	4,961,031	4,759,216	4,460,690
Tangible Book Value Per Share	66374.69	76471.21	120583.18	63266.75	59928.80	55943.63
Land	-	663,806	663,225	663,608	337,117	358,113
Buildings	-	583,813	582,081	580,330	579,623	580,696
Machinery	-	185,328	187,506	178,128	166,206	162,901
Construction In Progress	-	585	-	-	-	-

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