Samsung Life Insurance Balance Sheet

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	2015 - 2019
Period Ending	Jun '25 Jun 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	2015 - 2019
Investments in Debt Securities	-	61,435	38,587	115,620,370	89,963,180	116,378,461	Upgrade
Investments in Equity & Preferred Securities	2,628,948	2,571,600	2,488,597	32,577,788	44,581,992	45,637,275	Upgrade
Policy Loans	-	-	-	-	15,211,796	14,843,825	Upgrade
Other Investments	3,759,778	4,177,860	5,494,017	25,250,690	51,005,578	7,186,039	Upgrade
Total Investments	265,236,206	258,242,306	262,291,101	244,081,723	237,780,413	193,521,306	Upgrade
Cash & Equivalents	2,803	112	162	109	143	3,811,081	Upgrade
Reinsurance Recoverable	2,355,865	2,306,386	1,377,775	443,719	187,081	119,949	Upgrade
Other Receivables	45,976,071	45,936,096	45,463,004	46,804,344	41,278,219	61,866,094	Upgrade
Deferred Policy Acquisition Cost	-	-	-	-	2,558,048	2,512,648	Upgrade
Separate Account Assets	-	-	-	-	55,247,540	54,668,657	Upgrade
Property, Plant & Equipment	789,616	741,454	670,943	732,525	842,205	1,291,658	Upgrade
Goodwill	168,187	168,187	168,187	168,187	168,187	168,187	Upgrade
Other Intangible Assets	190,892	194,053	200,785	207,015	222,618	214,515	Upgrade
Other Current Assets	3,618,460	3,897,026	3,768,297	3,094,902	2,405,043	1,967,805	Upgrade
Long-Term Deferred Tax Assets	60,255	71,086	68,686	8,884	1,251	1,248	Upgrade
Long-Term Deferred Charges	200,261	199,418	200,622	187,459	205,384	270,522	Upgrade
Other Long-Term Assets	525,987	462,720	445,488	505,296	486,442	16,155,617	Upgrade
Total Assets	319,124,603	312,218,844	314,655,050	296,234,163	341,382,574	336,569,287	Upgrade
Accrued Expenses	644,026	1,064,505	905,743	830,910	740,846	701,228	Upgrade
Insurance & Annuity Liabilities	8,935,844	7,298,325	10,510,668	5,328,858	200,504,372	20,988,122	Upgrade
Unpaid Claims	-	-	-	-	3,806,755	2,819,388	Upgrade
Unearned Premiums	-	-	-	-	257,461	179,494,728	Upgrade
Reinsurance Payable	-	-	-	-	7,047	30,287	Upgrade
Current Portion of Long-Term Debt	-	-	-	-	-	3,744,157	Upgrade
Current Portion of Leases	-	-	-	-	-	97,880	Upgrade
Current Income Taxes Payable	269,800	159,764	122,161	991,417	183,012	112,548	Upgrade
Long-Term Debt	25,651,219	23,877,181	23,922,845	23,686,774	20,817,547	11,803,282	Upgrade
Long-Term Leases	-	-	-	-	-	92,094	Upgrade
Long-Term Deferred Tax Liabilities	3,084,012	2,718,328	7,207,328	6,356,386	8,280,452	10,175,590	Upgrade
Separate Account Liability	29,696,679	30,316,694	29,355,904	28,646,564	57,749,423	56,226,062	Upgrade
Other Current Liabilities	2,514,094	4,004,022	1,846,524	2,466,653	1,174,551	613,789	Upgrade
Other Long-Term Liabilities	213,842,260	209,278,315	195,768,976	185,743,890	7,761,499	5,455,777	Upgrade
Total Liabilities	285,466,765	279,480,913	270,317,609	254,672,143	301,757,207	292,958,653	Upgrade
Common Stock	100,000	100,000	100,000	100,000	100,000	100,000	Upgrade
Additional Paid-In Capital	118,984	118,984	118,984	118,984	118,984	125,115	Upgrade
Retained Earnings	20,175,497	19,419,956	17,978,086	16,912,704	17,843,821	16,823,208	Upgrade
Treasury Stock	-2,110,369	-2,110,369	-2,110,369	-2,110,369	-2,110,369	-2,110,369	Upgrade
Comprehensive Income & Other	13,357,406	13,204,116	26,351,127	24,653,995	21,859,864	26,956,796	Upgrade
Total Common Equity	31,641,518	30,732,687	42,437,828	39,675,314	37,812,300	41,894,750	Upgrade
Minority Interest	2,016,320	2,005,244	1,899,613	1,886,706	1,813,067	1,715,884	Upgrade
Shareholders' Equity	33,657,838	32,737,931	44,337,441	41,562,020	39,625,367	43,610,634	Upgrade
Total Liabilities & Equity	319,124,603	312,218,844	314,655,050	296,234,163	341,382,574	336,569,287	Upgrade
Filing Date Shares Outstanding	179.57	179.57	179.57	179.57	179.57	179.57	Upgrade
Total Common Shares Outstanding	179.57	179.57	179.57	179.57	179.57	179.57	Upgrade
Total Debt	25,651,219	23,877,181	23,922,845	23,686,774	20,817,547	15,737,413	Upgrade
Net Cash (Debt)	-25,648,416	-23,877,069	-23,922,683	-23,686,665	-20,817,404	-11,926,332	Upgrade
Net Cash Per Share	-142828.61	-132964.49	-133218.50	-131904.19	-115926.10	-66414.29	Upgrade
Book Value Per Share	176202.46	171141.44	236323.99	220940.35	210565.76	233299.74	Upgrade
Tangible Book Value	31,282,439	30,370,447	42,068,856	39,300,112	37,421,495	41,512,048	Upgrade
Tangible Book Value Per Share	174202.85	169124.23	234269.29	218850.96	208389.48	231168.59	Upgrade
Land	62,883	62,707	65,702	88,444	171,605	176,948	Upgrade
Buildings	550,085	550,892	554,957	561,901	654,431	646,276	Upgrade
Construction In Progress	14,086	11,868	2,099	7,044	9,379	3,082	Upgrade

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