Korean Reinsurance Company (KRX: 003690)

Korean Reinsurance Company 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	-	-	4,374,877	2,147,656	1,892,422	1,829,387
Investments in Equity & Preferred Securities	12,086	12,141	243,732	208,145	192,607	162,293
Other Investments	3,566,325	3,781,604	2,567,595	3,341,339	2,954,502	2,723,004
Total Investments	9,241,502	8,857,547	7,444,748	6,171,617	5,424,521	5,438,093
Cash & Equivalents	0	1	1	1	1	2
Reinsurance Recoverable	1,874,960	2,048,131	2,241,049	5,385,132	5,576,209	5,031,926
Other Receivables	950,555	920,720	1,094,088	1,032,414	1,044,260	828,020
Property, Plant & Equipment	105,285	105,206	123,614	95,869	97,319	95,000
Other Intangible Assets	17,134	17,469	16,493	15,536	17,605	13,432
Other Current Assets	27,172	71,124	57,375	395,870	344,635	315,322
Long-Term Deferred Tax Assets	16,652	15,974	16,348	9,741	3,551	173.21
Long-Term Deferred Charges	24,705	30,154	23,539	2,617	3,251	2,133
Other Long-Term Assets	55,531	-3	-31	6,858	8,595	9,014
Total Assets	12,313,495	12,066,324	11,017,224	13,115,655	12,519,947	11,733,116
Accrued Expenses	-	45,730	28,892	24,464	18,978	42,932
Insurance & Annuity Liabilities	0	-0	0	251	587	852
Unpaid Claims	-	-	-	5,224,941	4,648,573	4,004,385
Unearned Premiums	-	-	-	2,152,678	2,054,438	1,970,259
Reinsurance Payable	-	-	-	2,657,539	2,770,940	2,820,171
Current Income Taxes Payable	27,662	2,856	42,142	-	26,510	728.93
Long-Term Deferred Tax Liabilities	349,603	361,959	309,647	417,690	396,159	379,166
Other Current Liabilities	5,740	1,816	3,527	20,479	5,406	5,942
Other Long-Term Liabilities	8,624,707	8,366,024	7,887,840	58,250	111,415	34,902
Total Liabilities	9,043,173	8,813,428	8,301,594	10,589,949	10,064,018	9,277,102
Common Stock	82,684	82,684	70,411	60,185	60,185	60,185
Additional Paid-In Capital	153,879	153,879	166,148	176,375	176,375	176,375
Retained Earnings	2,162,977	2,126,913	1,905,005	2,000,064	1,900,558	1,848,693
Treasury Stock	-134,066	-134,066	-134,066	-134,066	-134,066	-37,152
Comprehensive Income & Other	1,004,848	1,023,486	708,131	423,148	452,878	407,913
Shareholders' Equity	3,270,322	3,252,896	2,715,630	2,525,706	2,455,929	2,456,014
Total Liabilities & Equity	12,313,495	12,066,324	11,017,224	13,115,655	12,519,947	11,733,116
Filing Date Shares Outstanding	176.72	176.72	176.71	176.72	176.72	198.15
Total Common Shares Outstanding	176.72	176.72	176.71	176.72	176.72	198.15
Net Cash (Debt)	0	1	1	1	1	2
Net Cash Growth	-99.96%	0.02%	0.02%	0.02%	-50.01%	-0.02%
Net Cash Per Share	0.00	0.01	0.01	0.01	0.01	0.01
Book Value Per Share	18505.56	18406.95	15367.75	14292.05	13897.21	12394.83
Tangible Book Value	3,253,188	3,235,426	2,699,137	2,510,170	2,438,324	2,442,582
Tangible Book Value Per Share	18408.61	18308.10	15274.41	14204.14	13797.59	12327.04
Land	76,557	76,557	91,868	76,557	76,557	76,557
Buildings	27,537	27,537	32,741	27,537	27,530	27,530
Machinery	25,002	24,896	24,607	22,191	21,740	17,381
Construction In Progress	4,912	3,912	1,595	305	-	-

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