KRX:001450 Balance Sheet

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	-	-	-	20,363,651	15,846,791
Investments in Equity & Preferred Securities	202,505	143,979	138,183	641,247	683,256
Policy Loans	1,787	1,639	1,330	954.54	3,126,678
Other Investments	330,522	287,422	258,704	8,137,508	10,790,194
Total Investments	41,583,787	39,197,387	35,278,638	37,055,259	38,202,820
Cash & Equivalents	-	4.66	181.81	647.12	1.17
Reinsurance Recoverable	1,579,843	1,138,410	1,119,968	1,431,319	1,674,695
Other Receivables	4,248,584	4,469,507	4,825,204	4,833,323	4,288,288
Deferred Policy Acquisition Cost	-	-	-	-	1,807,705
Separate Account Assets	-	-	-	-	4,589,709
Property, Plant & Equipment	1,171,124	1,344,611	1,178,475	1,171,139	1,185,830
Goodwill	1,622	1,622	-	-	-
Other Intangible Assets	46,748	52,333	58,940	52,616	46,980
Other Current Assets	1,629,266	2,170,403	1,488,885	1,577,663	960,561
Long-Term Deferred Tax Assets	-	-	-	3,965	2,759
Long-Term Deferred Charges	50,337	69,328	67,103	47,235	52,165
Other Long-Term Assets	118,337	80,185	70,591	79,429	6,491
Total Assets	50,429,647	48,523,791	44,087,986	46,252,596	52,818,003
Accrued Expenses	181,500	247,941	225,450	254,756	394,136
Insurance & Annuity Liabilities	-0	-0	0	0	32,768,814
Unpaid Claims	-	-	-	-	3,274,099
Unearned Premiums	50,788	41,462	37,499	30,034	3,294,771
Reinsurance Payable	-	-	-	-	628,359
Short-Term Debt	34.1	-	-	-	-
Current Income Taxes Payable	16,672	1,501	2,571	2,726	41,851
Long-Term Debt	3,556,411	3,141,593	1,338,982	1,165,116	1,297,075
Long-Term Deferred Tax Liabilities	617,467	719,292	1,077,492	2,130,541	534,788
Separate Account Liability	4,456,144	3,348,240	3,159,562	3,513,459	4,536,719
Other Current Liabilities	1,002,712	893,753	223,780	384,928	293,704
Other Long-Term Liabilities	35,237,441	35,226,668	31,844,722	29,156,882	652,102
Total Liabilities	45,272,134	43,780,412	38,032,631	36,744,509	47,809,993
Common Stock	44,700	44,700	44,700	44,700	44,700
Additional Paid-In Capital	90,472	90,472	90,472	90,472	90,472
Retained Earnings	8,154,282	7,063,652	6,378,591	5,957,049	3,869,666
Treasury Stock	-67,686	-67,686	-67,686	-67,686	-67,686
Comprehensive Income & Other	-3,064,255	-2,387,759	-390,721	3,483,551	1,070,859
Shareholders' Equity	5,157,513	4,743,379	6,055,356	9,508,086	5,008,010
Total Liabilities & Equity	50,429,647	48,523,791	44,087,986	46,252,596	52,818,003
Filing Date Shares Outstanding	78.41	78.41	78.41	78.41	78.41
Total Common Shares Outstanding	78.41	78.41	78.41	78.41	78.41
Total Debt	3,556,445	3,141,593	1,338,982	1,165,116	1,297,075
Net Cash (Debt)	-3,556,445	-3,141,588	-1,338,800	-1,164,469	-1,297,073
Net Cash Per Share	-45356.16	-40065.24	-17073.37	-14850.17	-16502.96
Book Value Per Share	65772.44	60491.09	77222.40	121254.18	63865.87
Tangible Book Value	5,109,143	4,689,423	5,996,416	9,455,470	4,961,031
Tangible Book Value Per Share	65155.59	59803.01	76470.75	120583.18	63266.75
Land	717,200	855,641	663,806	663,225	663,608
Buildings	531,422	565,485	583,813	582,081	580,330
Machinery	205,046	193,214	185,328	187,506	178,128
Construction In Progress	3,527	936.7	585	-	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.