Samsung Life 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	-	-	38,587	115,620,370	89,963,180
Investments in Equity & Preferred Securities	3,013,372	2,571,600	2,488,597	32,577,788	44,581,992
Policy Loans	-	-	-	-	15,211,796
Other Investments	4,678,407	4,239,295	5,494,017	25,250,690	51,005,578
Total Investments	296,445,498	258,242,306	262,291,101	244,081,723	237,780,413
Cash & Equivalents	267	112	162	109	143
Reinsurance Recoverable	2,196,839	2,306,386	1,377,775	443,719	187,081
Other Receivables	46,705,899	45,936,096	45,463,004	46,804,344	41,278,219
Deferred Policy Acquisition Cost	-	-	-	-	2,558,048
Separate Account Assets	-	-	-	-	55,247,540
Property, Plant & Equipment	1,156,943	741,454	670,943	732,525	842,205
Goodwill	174,117	168,187	168,187	168,187	168,187
Other Intangible Assets	207,446	194,053	200,785	207,015	222,618
Other Current Assets	3,006,833	3,897,026	3,768,297	3,094,902	2,405,043
Long-Term Deferred Tax Assets	57,635	71,086	68,686	8,884	1,251
Long-Term Deferred Charges	230,583	199,418	200,622	187,459	205,384
Other Long-Term Assets	503,641	462,720	445,488	505,296	486,442
Total Assets	350,685,701	312,218,844	314,655,050	296,234,163	341,382,574
Accrued Expenses	1,056,381	1,064,505	905,743	830,910	740,846
Insurance & Annuity Liabilities	44,000	44,000	10,510,668	5,328,858	200,504,372
Unpaid Claims	-	-	-	-	3,806,755
Unearned Premiums	-	-	-	-	257,461
Reinsurance Payable	-	-	-	-	7,047
Current Income Taxes Payable	156,837	159,764	122,161	991,417	183,012
Long-Term Debt	27,467,439	23,877,181	23,922,845	23,686,774	20,817,547
Long-Term Deferred Tax Liabilities	14,522,888	4,607,902	7,207,328	6,356,386	8,280,452
Separate Account Liability	29,213,126	30,316,694	29,355,904	28,646,564	57,749,423
Other Current Liabilities	4,777,535	4,004,022	1,846,524	2,466,653	1,174,551
Other Long-Term Liabilities	207,968,980	209,453,740	195,768,976	185,743,890	7,761,499
Total Liabilities	285,850,383	274,116,162	270,317,609	254,672,143	301,757,207
Common Stock	100,000	100,000	100,000	100,000	100,000
Additional Paid-In Capital	118,984	118,984	118,984	118,984	118,984
Retained Earnings	21,085,481	19,419,956	17,978,086	16,912,704	17,843,821
Treasury Stock	-2,110,369	-2,110,369	-2,110,369	-2,110,369	-2,110,369
Comprehensive Income & Other	43,530,200	18,568,867	26,351,127	24,653,995	21,859,864
Total Common Equity	62,724,296	36,097,438	42,437,828	39,675,314	37,812,300
Minority Interest	2,111,022	2,005,244	1,899,613	1,886,706	1,813,067
Shareholders' Equity	64,835,318	38,102,682	44,337,441	41,562,020	39,625,367
Total Liabilities & Equity	350,685,701	312,218,844	314,655,050	296,234,163	341,382,574
Filing Date Shares Outstanding	179.57	179.57	179.57	179.57	179.57
Total Common Shares Outstanding	179.57	179.57	179.57	179.57	179.57
Total Debt	27,467,439	23,877,181	23,922,845	23,686,774	20,817,547
Net Cash (Debt)	-27,467,172	-23,877,069	-23,922,683	-23,686,665	-20,817,404
Net Cash Per Share	-152958.73	-132960.22	-133218.50	-131904.19	-115926.10
Book Value Per Share	349311.64	201016.19	236323.99	220940.35	210565.76
Tangible Book Value	62,342,733	35,735,198	42,068,856	39,300,112	37,421,495
Tangible Book Value Per Share	347186.72	198998.98	234269.29	218850.96	208389.48
Land	179,991	62,707	65,702	88,444	171,605
Buildings	859,805	550,892	554,957	561,901	654,431
Construction In Progress	10,850	11,868	2,099	7,044	9,379

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