Samsung Life Insurance Income Statement

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Premiums & Annuity Revenue	11,763,405	11,108,560	10,123,969	13,311,664	17,749,241	17,740,060
Total Interest & Dividend Income	9,932,327	9,926,526	9,786,898	9,586,989	8,462,622	8,792,629
Gain (Loss) on Sale of Investments	5,272,639	3,007,414	4,345,918	1,089,610	465,563	295,880
Other Revenue	5,639,006	4,645,260	5,004,762	7,081,951	4,563,040	5,322,070
Total Revenue	32,607,377	28,687,760	29,261,547	31,070,214	31,240,466	32,150,639
Revenue Growth (YoY)	10.38%	-1.96%	-5.82%	-0.55%	-2.83%	6.54%
Policy Benefits	16,839,723	14,364,155	15,590,095	12,104,636	20,883,833	20,966,586
Policy Acquisition & Underwriting Costs	-2,894,230	-2,896,751	-2,011,961	-1,675,742	547,761	1,595,999
Amortization of Goodwill & Intangibles	77,479	80,268	80,867	129,451	146,203	-
Depreciation & Amortization	285,163	273,525	273,916	288,191	284,858	152,193
Selling, General & Administrative	2,256,041	2,068,707	1,542,863	1,083,523	731,982	856,516
Other Operating Expenses	11,662,212	11,314,829	8,113,178	10,997,211	5,600,896	4,079,533
Reinsurance Income or Expense	-271,624	-241,198	-203,178	-175,982	-588,308	-530,207
Total Operating Expenses	30,278,565	27,103,702	25,416,530	24,388,821	30,054,280	29,422,388
Operating Income	2,328,812	1,584,058	3,845,017	6,681,393	1,186,186	2,728,251
Interest Expense	-1,769,633	-1,788,350	-1,538,797	-1,119,209	-611,484	-411,737
Earnings From Equity Investments	354,762	301,728	153,974	142,238	354,543	-
Currency Exchange Gain (Loss)	3,013,067	4,305,640	948,197	1,500,733	1,313,249	-530,786
Other Non Operating Income (Expenses)	5,188	-3,325	8,163	-117,203	-20,026	-19,130
EBT Excluding Unusual Items	3,932,196	4,399,751	3,416,554	7,087,952	2,222,468	1,766,598
Gain (Loss) on Sale of Investments	-1,035,365	-1,601,597	-856,040	-4,882,190	-186,928	98,819
Gain (Loss) on Sale of Assets	9,365	18,616	-119	233,316	1,404	-2,921
Asset Writedown	-3,684	-3,104	-1,344	1,386	-2,727	-47,840
Pretax Income	2,902,512	2,813,666	2,559,051	2,440,464	2,034,217	1,814,656
Income Tax Expense	576,184	553,411	525,342	132,867	436,515	444,154
Earnings From Continuing Ops.	2,326,328	2,260,255	2,033,709	2,307,597	1,597,702	1,370,502
Minority Interest in Earnings	-144,499	-153,416	-138,397	-137,445	-128,266	-104,736
Net Income	2,181,829	2,106,839	1,895,312	2,170,152	1,469,436	1,265,766
Net Income to Common	2,181,829	2,106,839	1,895,312	2,170,152	1,469,436	1,265,766
Net Income Growth	-12.30%	11.16%	-12.67%	47.69%	16.09%	29.50%
Shares Outstanding (Basic)	180	180	180	180	180	180
Shares Outstanding (Diluted)	180	180	180	180	180	180
EPS (Basic)	12149.97	11732.38	10554.44	12084.95	8182.86	7048.68
EPS (Diluted)	12149.97	11732.00	10554.00	12084.95	8182.86	7048.68
EPS Growth	-12.29%	11.16%	-12.67%	47.69%	16.09%	29.50%
Free Cash Flow	2,808,306	4,847,720	544,869	756,602	2,485,003	2,850,370
Free Cash Flow Per Share	15638.64	26995.55	3034.22	4213.30	13838.26	15872.89
Dividend Per Share	4500.000	4500.000	-	-	-	-
Operating Margin	7.14%	5.52%	13.14%	21.50%	3.80%	8.49%
Profit Margin	6.69%	7.34%	6.48%	6.98%	4.70%	3.94%
Free Cash Flow Margin	8.61%	16.90%	1.86%	2.44%	7.95%	8.87%
EBITDA	2,628,667	1,878,296	4,121,876	7,008,798	1,651,500	2,933,658
EBITDA Margin	8.06%	6.55%	14.09%	22.56%	5.29%	9.13%
D&A For EBITDA	299,855	294,238	276,859	327,405	465,314	205,407
EBIT	2,328,812	1,584,058	3,845,017	6,681,393	1,186,186	2,728,251
EBIT Margin	7.14%	5.52%	13.14%	21.50%	3.80%	8.49%
Effective Tax Rate	19.85%	19.67%	20.53%	5.44%	21.46%	24.48%
Revenue as Reported	-	-	-	-	-	34,534,340

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.