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	9,488,012	8,811,366	10,123,969	13,311,664	17,749,241
Total Interest & Dividend Income	-337,084	3,951,271	9,786,898	9,586,989	8,462,622
Gain (Loss) on Sale of Investments	5,614,539	643,198	4,345,918	1,089,610	465,563
Other Revenue	5,235,842	4,164,482	5,004,762	7,081,951	4,563,040
Total Revenue	20,001,309	17,570,317	29,261,547	31,070,214	31,240,466
Revenue Growth (YoY)	13.84%	-39.95%	-5.82%	-0.55%	-2.83%
Policy Benefits	8,344,857	8,181,453	15,590,095	12,104,636	20,883,833
Policy Acquisition & Underwriting Costs	-	-	-2,011,961	-1,675,742	547,761
Amortization of Goodwill & Intangibles	-	-	80,867	129,451	146,203
Depreciation & Amortization	-	-	273,916	288,191	284,858
Selling, General & Administrative	279,187	271,053	1,542,863	1,083,523	731,982
Other Operating Expenses	2,570,858	2,404,721	8,113,178	10,997,211	5,600,896
Reinsurance Income or Expense	-	-	-203,178	-175,982	-588,308
Total Operating Expenses	11,194,902	10,857,227	25,416,530	24,388,821	30,054,280
Operating Income	8,806,407	6,713,090	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	-	-	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)	-5,334,490	-6,566,604	8,163	-117,203	-20,026
EBT Excluding Unusual Items	2,345,513	2,663,776	3,416,554	7,087,952	2,222,468
Gain (Loss) on Sale of Investments	415,410	301,728	-856,040	-4,882,190	-186,928
Gain (Loss) on Sale of Assets	237,024	49,879	-119	233,316	1,404
Asset Writedown	-1,602	-201,717	-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
EPS (Basic)	12823.83	11732.38	10554.44	12084.95	8182.86
EPS (Diluted)	12823.83	11732.00	10554.00	12084.95	8182.86
EPS Growth	9.31%	11.16%	-12.67%	47.69%	16.09%
Free Cash Flow	5,219,820	4,974,703	544,869	756,602	2,485,003
Free Cash Flow Per Share	29067.67	27702.68	3034.22	4213.30	13838.26
Dividend Per Share	5300.000	-	-	-	-
Operating Margin	44.03%	38.21%	13.14%	21.50%	3.80%
Profit Margin	11.51%	11.99%	6.48%	6.98%	4.70%
Free Cash Flow Margin	26.10%	28.31%	1.86%	2.44%	7.95%
EBITDA	8,864,427	6,773,418	4,121,876	7,008,798	1,651,500
EBITDA Margin	44.32%	38.55%	14.09%	22.56%	5.29%
D&A For EBITDA	58,020	60,328	276,859	327,405	465,314
EBIT	8,806,407	6,713,090	3,845,017	6,681,393	1,186,186
EBIT Margin	44.03%	38.21%	13.14%	21.50%	3.80%
Effective Tax Rate	18.18%	19.67%	20.53%	5.44%	21.46%

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