Seoul Guarantee 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	-	-	-	-	5,333,252
Investments in Equity & Preferred Securities	11,758	10,129	8,466	5,440	1,064,835
Other Investments	599,947	643,551	642,063	623,953	1,753,844
Total Investments	8,405,307	8,317,347	8,233,362	7,605,658	8,317,960
Cash & Equivalents	25.27	25.18	29	28.4	31.99
Reinsurance Recoverable	255,109	305,825	284,187	287,643	617,612
Other Receivables	79,630	69,765	79,065	72,860	740,710
Property, Plant & Equipment	203,065	202,184	203,436	197,360	182,821
Other Intangible Assets	40,640	35,943	28,758	18,551	19,442
Other Current Assets	21,881	37,463	21,970	47,236	157,344
Long-Term Deferred Tax Assets	1,626	1,595	1,764	1,669	1,492
Long-Term Deferred Charges	114,452	99,278	64,594	32,755	37,010
Other Long-Term Assets	286,997	264,173	212,572	188,229	2,378
Total Assets	9,408,732	9,333,598	9,129,738	8,451,990	10,076,801
Accrued Expenses	78,973	67,809	64,016	64,680	60,776
Insurance & Annuity Liabilities	0	0	-0	-0	866.09
Unpaid Claims	-	-	-	-	799,099
Unearned Premiums	6,345	9,238	8,245	7,606	2,375,630
Reinsurance Payable	-	-	-	-	268,483
Current Income Taxes Payable	50,825	3,862	53,207	68,496	96,655
Long-Term Debt	38,426	39,650	40,858	42,073	43,272
Long-Term Deferred Tax Liabilities	509,462	498,078	471,287	371,399	675,881
Other Current Liabilities	92,719	79,415	20,420	24,320	19,753
Other Long-Term Liabilities	3,436,581	3,451,988	3,271,132	3,044,461	218,618
Total Liabilities	4,213,559	4,158,132	3,929,351	3,623,135	4,581,918
Common Stock	174,554	174,554	174,554	174,554	174,554
Retained Earnings	5,044,593	4,973,316	4,968,493	4,833,404	4,698,080
Comprehensive Income & Other	-29,232	22,307	52,094	-184,209	617,450
Total Common Equity	5,189,915	5,170,177	5,195,142	4,823,749	5,490,083
Minority Interest	5,258	5,288	5,246	5,106	4,799
Shareholders' Equity	5,195,173	5,175,466	5,200,388	4,828,855	5,494,882
Total Liabilities & Equity	9,408,732	9,333,598	9,129,738	8,451,990	10,076,801
Filing Date Shares Outstanding	69.82	69.82	69.82	69.82	69.82
Total Common Shares Outstanding	69.82	69.82	69.82	69.82	69.82
Total Debt	38,426	39,650	40,858	42,073	43,272
Net Cash (Debt)	-38,401	-39,625	-40,829	-42,044	-43,240
Net Cash Per Share	-549.98	-567.52	-584.77	-602.17	-619.29
Book Value Per Share	74331.08	74048.39	74405.94	69086.78	78630.16
Tangible Book Value	5,149,275	5,134,234	5,166,384	4,805,198	5,470,641
Tangible Book Value Per Share	73749.03	73533.61	73994.07	68821.09	78351.70
Land	49,142	49,142	49,142	48,919	48,450
Buildings	115,305	114,964	114,950	114,367	112,574
Machinery	89,362	63,023	65,457	67,468	65,328
Construction In Progress	211.41	15,209	7,591	-	-

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