DB Insurance Income Statement

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Premiums & Annuity Revenue	15,871,765	15,537,193	14,929,919	13,918,308	13,266,596	15,390,577
Total Interest & Dividend Income	3,025,096	2,800,537	2,495,778	2,197,400	2,016,041	1,711,041
Gain (Loss) on Sale of Investments	1,536,946	900,440	511,591	521,838	134,890	253,696
Other Revenue	263,900	1,122,414	380,363	628,736	1,011,367	712,386
Total Revenue	20,697,707	20,360,584	18,317,651	17,266,282	16,428,894	18,067,700
Revenue Growth	2.58%	11.15%	6.09%	5.10%	-9.07%	1.77%
Policy Benefits	15,959,322	15,289,468	14,076,408	13,257,842	11,878,514	12,546,633
Policy Acquisition & Underwriting Costs	105,683	92,580	65,877	49,962	49,379	2,013,072
Amortization of Goodwill & Intangibles	35,852	35,849	46,194	42,557	34,807	37,538
Depreciation & Amortization	20,812	19,546	10,615	10,494	18,304	18,548
Selling, General & Administrative	198,832	214,850	120,781	118,387	113,543	684,353
Other Operating Expenses	3,099,934	1,531,544	2,480,114	1,233,861	1,646,109	1,787,689
Reinsurance Income or Expense	-	-	-	-	-	-24,439
Total Operating Expenses	19,466,840	17,193,619	16,891,535	14,810,251	13,777,068	17,588,088
Operating Income	1,230,867	3,166,965	1,426,116	2,456,032	2,651,826	479,612
Interest Expense	-705,738	-609,742	-465,818	-381,226	-230,690	-79,062
Earnings From Equity Investments	73,247	64,813	20,123	8,067	-7,388	34,859
Currency Exchange Gain (Loss)	2,562,059	151,032	1,873,604	432,671	685,407	824,696
Other Non Operating Income (Expenses)	-13,233	33,741	-299	7,786	-3,287	1,008
EBT Excluding Unusual Items	3,147,202	2,806,809	2,853,726	2,523,331	3,095,867	1,261,113
Gain (Loss) on Sale of Investments	-537,873	-326,529	-410,114	-267,391	-380,495	-116,845
Gain (Loss) on Sale of Assets	-34	-63	-7,445	-79	17,320	31,280
Asset Writedown	-16,675	-16,675	-	-39	-33,116	-29
Pretax Income	2,592,620	2,463,542	2,436,167	2,255,821	2,699,575	1,175,519
Income Tax Expense	769,281	672,977	583,776	513,442	660,093	302,599
Earnings From Continuing Ops.	1,823,339	1,790,565	1,852,391	1,742,379	2,039,482	872,920
Minority Interest in Earnings	-2,217	-2,555	-1,623	-3,810	-5,581	-3,397
Net Income	1,821,122	1,788,010	1,850,768	1,738,569	2,033,901	869,523
Preferred Dividends & Other Adjustments	10,645	10,645	-	-	-	-
Net Income to Common	1,810,477	1,777,365	1,850,768	1,738,569	2,033,901	869,523
Net Income Growth	3.97%	-3.97%	6.45%	-14.52%	133.91%	57.44%
Shares Outstanding (Basic)	61	60	60	60	60	60
Shares Outstanding (Diluted)	61	60	60	60	60	60
Shares Change	1.68%	0.02%	-	-	-	-1.47%
EPS (Basic)	29653.83	29596.44	30823.80	28955.17	33873.81	14481.55
EPS (Diluted)	29653.83	29596.44	30823.80	28955.17	33873.81	14481.55
EPS Growth	2.29%	-3.98%	6.45%	-14.52%	133.91%	59.79%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Free Cash Flow	5,159,327	-357,862	3,239,373	4,427,610	2,692,266	2,249,038
Free Cash Flow Per Share	84504.71	-5959.07	53950.46	73740.08	44838.61	37456.83
Dividend Per Share	7600.000	7600.000	6800.000	-	-	-
Dividend Growth	11.77%	11.77%	-	-	-	-
Operating Margin	5.95%	15.55%	7.79%	14.22%	16.14%	2.66%
Profit Margin	8.75%	8.73%	10.10%	10.07%	12.38%	4.81%
Free Cash Flow Margin	24.93%	-1.76%	17.68%	25.64%	16.39%	12.45%
EBITDA	1,370,317	3,305,014	1,567,801	2,586,340	2,774,313	600,359
EBITDA Margin	6.62%	16.23%	8.56%	14.98%	16.89%	3.32%
D&A For EBITDA	139,450	138,049	141,685	130,308	122,487	120,747
EBIT	1,230,867	3,166,965	1,426,116	2,456,032	2,651,826	479,612
EBIT Margin	5.95%	15.55%	7.79%	14.22%	16.14%	2.66%
Effective Tax Rate	29.67%	27.32%	23.96%	22.76%	24.45%	25.74%