Samsung Life Insurance Income Statement

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
Premiums & Annuity Revenue	11,674,967	11,108,560	10,123,969	13,311,664	17,749,241
Total Interest & Dividend Income	9,954,285	9,926,526	9,786,898	9,586,989	8,462,622
Gain (Loss) on Sale of Investments	7,236,997	3,007,414	4,345,918	1,089,610	465,563
Other Revenue	5,975,905	4,645,260	5,004,762	7,081,951	4,563,040
Total Revenue	34,842,154	28,687,760	29,261,547	31,070,214	31,240,466
Revenue Growth (YoY)	21.45%	-1.96%	-5.82%	-0.55%	-2.83%
Policy Benefits	15,355,802	11,326,286	15,590,095	12,104,636	20,883,833
Policy Acquisition & Underwriting Costs	150,584	141,118	-2,011,961	-1,675,742	547,761
Amortization of Goodwill & Intangibles	76,983	80,268	80,867	129,451	146,203
Depreciation & Amortization	289,555	273,525	273,916	288,191	284,858
Selling, General & Administrative	2,337,563	2,068,707	1,542,863	1,083,523	731,982
Other Operating Expenses	10,155,112	11,314,829	8,113,178	10,997,211	5,600,896
Reinsurance Income or Expense	-271,226	-241,198	-203,178	-175,982	-588,308
Total Operating Expenses	30,366,783	27,103,702	25,416,530	24,388,821	30,054,280
Operating Income	4,475,371	1,584,058	3,845,017	6,681,393	1,186,186
Interest Expense	-1,908,207	-1,788,350	-1,538,797	-1,119,209	-611,484
Earnings From Equity Investments	415,410	301,728	153,974	142,238	354,543
Currency Exchange Gain (Loss)	781,803	4,305,640	948,197	1,500,733	1,313,249
Other Non Operating Income (Expenses)	1,537	-3,325	8,163	-117,203	-20,026
EBT Excluding Unusual Items	3,765,914	4,399,751	3,416,554	7,087,952	2,222,468
Gain (Loss) on Sale of Investments	-768,498	-1,601,597	-856,040	-4,882,190	-186,928
Gain (Loss) on Sale of Assets	531	18,616	-119	233,316	1,404
Asset Writedown	-1,602	-3,104	-1,344	1,386	-2,727
Pretax Income	2,996,345	2,813,666	2,559,051	2,440,464	2,034,217
Income Tax Expense	544,830	553,411	525,342	132,867	436,515
Earnings From Continuing Ops.	2,451,515	2,260,255	2,033,709	2,307,597	1,597,702
Minority Interest in Earnings	-148,678	-153,416	-138,397	-137,445	-128,266
Net Income	2,302,837	2,106,839	1,895,312	2,170,152	1,469,436
Net Income to Common	2,302,837	2,106,839	1,895,312	2,170,152	1,469,436
Net Income Growth	9.30%	11.16%	-12.67%	47.69%	16.09%
Shares Outstanding (Basic)	180	180	180	180	180
Shares Outstanding (Diluted)	180	180	180	180	180
Shares Change (YoY)	-0.01%	0.00%	-	-	-
EPS (Basic)	12824.00	11732.00	10554.44	12084.95	8182.86
EPS (Diluted)	12824.00	11732.00	10554.00	12084.95	8182.86
EPS Growth	9.31%	11.16%	-12.67%	47.69%	16.09%
Free Cash Flow	5,026,213	4,847,720	544,869	756,602	2,485,003
Free Cash Flow Per Share	27989.89	26994.68	3034.22	4213.30	13838.26
Operating Margin	12.85%	5.52%	13.14%	21.50%	3.80%
Profit Margin	6.61%	7.34%	6.48%	6.98%	4.70%
Free Cash Flow Margin	14.43%	16.90%	1.86%	2.44%	7.95%
EBITDA	4,783,955	1,878,296	4,121,876	7,008,798	1,651,500
EBITDA Margin	13.73%	6.55%	14.09%	22.56%	5.29%
D&A For EBITDA	308,584	294,238	276,859	327,405	465,314
EBIT	4,475,371	1,584,058	3,845,017	6,681,393	1,186,186
EBIT Margin	12.85%	5.52%	13.14%	21.50%	3.80%
Effective Tax Rate	18.18%	19.67%	20.53%	5.44%	21.46%

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