DB Insurance 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	-	-	-	18,490,473	13,766,876
Investments in Equity & Preferred Securities	457,721	385,927	354,100	854,119	832,435
Policy Loans	-	-	-	-	3,761,277
Other Investments	3,051,093	2,921,362	2,455,450	13,800,897	14,437,412
Total Investments	54,641,961	48,800,000	43,814,481	39,854,590	39,388,603
Cash & Equivalents	-	-	-	-	0
Reinsurance Recoverable	1,604,279	1,552,927	1,843,407	1,404,548	1,211,899
Other Receivables	15,982,002	14,625,973	12,605,297	14,597,231	13,247,122
Deferred Policy Acquisition Cost	-	-	-	-	2,144,410
Separate Account Assets	-	-	-	-	7,491,676
Property, Plant & Equipment	681,361	640,556	611,651	504,394	457,118
Goodwill	46,590	63,391	6,647	6,647	6,647
Other Intangible Assets	83,499	95,839	104,614	107,082	197,664
Other Current Assets	905,511	637,690	934,192	998,107	541,436
Long-Term Deferred Tax Assets	9,190	13,816	6,480	10,409	55,466
Long-Term Deferred Charges	25,964	21,090	25,650	27,155	9,076
Other Long-Term Assets	41,950	54,855	88,009	125,017	487
Total Assets	74,022,307	66,506,137	60,040,429	57,635,178	64,751,603
Accrued Expenses	588,495	517,459	463,601	456,775	480,790
Insurance & Annuity Liabilities	-	-	-0	0	38,681,426
Unpaid Claims	-	-	-	-	3,948,094
Unearned Premiums	-	-	-	-	3,088,270
Reinsurance Payable	-	-	-	-	231,622
Current Income Taxes Payable	1,541	240,576	54,466	7,809	155,940
Long-Term Debt	3,693,792	2,481,313	2,231,523	1,985,223	2,220,142
Long-Term Deferred Tax Liabilities	1,206,407	985,097	1,460,129	2,133,918	548,118
Separate Account Liability	14,046,547	9,921,254	7,859,935	5,487,530	7,676,407
Other Current Liabilities	2,141,686	1,406,230	272,807	438,577	408,497
Other Long-Term Liabilities	41,326,847	41,472,703	37,345,106	34,953,863	573,642
Total Liabilities	63,087,018	57,114,924	49,736,681	45,510,912	58,019,134
Common Stock	35,400	35,400	35,400	35,400	35,400
Additional Paid-In Capital	143,008	74,044	74,044	74,044	72,950
Retained Earnings	13,307,548	11,950,148	10,414,154	9,007,242	5,944,890
Treasury Stock	-123,912	-152,492	-152,492	-152,492	-152,492
Comprehensive Income & Other	-2,481,203	-2,610,453	-134,557	3,052,055	740,386
Total Common Equity	10,880,841	9,296,647	10,236,549	12,016,248	6,641,133
Minority Interest	54,448	94,566	67,198	108,018	91,335
Shareholders' Equity	10,935,289	9,391,213	10,303,747	12,124,267	6,732,469
Total Liabilities & Equity	74,022,307	66,506,137	60,040,429	57,635,178	64,751,603
Filing Date Shares Outstanding	60.64	60.04	60.04	60.04	60.04
Total Common Shares Outstanding	60.64	60.04	60.04	60.04	60.04
Total Debt	3,693,792	2,481,313	2,231,523	1,985,223	2,220,142
Net Cash (Debt)	-3,693,792	-2,481,313	-2,231,523	-1,985,223	-2,220,142
Net Cash Per Share	-61508.53	-41325.28	-37165.12	-33063.10	-36975.58
Book Value Per Share	179423.13	154831.94	170485.64	200125.82	110605.42
Tangible Book Value	10,750,752	9,137,417	10,125,288	11,902,520	6,436,823
Tangible Book Value Per Share	177277.99	152180.03	168632.62	198231.71	107202.71
Land	365,491	371,270	368,074	283,708	279,045
Buildings	229,340	232,418	228,920	195,843	165,914
Machinery	320,657	299,518	279,282	259,825	233,099

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.