Tong Yang Life Insurance Co., Ltd. (KRX: 082640)

Tong Yang Life Insurance Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Investments in Debt Securities	-	-	17,372,273	16,438,969	15,768,925	15,066,342
Investments in Equity & Preferred Securities	48,556	-	135,673	433,009	637,979	448,962
Policy Loans	-	-	-	1,572,652	1,537,269	1,608,788
Other Investments	650,531	1,571,671	5,162,371	6,475,662	5,497,858	6,346,368
Total Investments	27,823,246	27,716,860	29,446,181	27,837,923	26,860,301	26,006,258
Cash & Equivalents	-	-	0	0	-0	-0
Reinsurance Recoverable	244,025	12,333	31,869	45,143	42,721	38,771
Other Receivables	4,820,671	4,771,333	4,984,947	4,171,305	4,448,770	3,438,564
Deferred Policy Acquisition Cost	-	-	-	676,786	733,483	755,499
Separate Account Assets	-	-	-	4,167,186	3,716,333	3,381,509
Property, Plant & Equipment	117,476	59,257	70,943	64,681	63,305	79,364
Other Intangible Assets	8,971	7,424	7,770	6,926	7,753	8,559
Other Current Assets	176,898	290,571	303,877	115,125	362,771	227,132
Long-Term Deferred Tax Assets	107,108	-	-	-	-	-
Long-Term Deferred Charges	10,276	12,554	17,031	15,155	17,754	1,500
Other Long-Term Assets	-2,902	-895	3,968	3,115	-159	10,802
Total Assets	33,305,770	32,869,437	34,866,587	37,103,345	36,253,033	33,947,957
Accrued Expenses	17,211	30,197	19,823	83,503	84,303	92,441
Insurance & Annuity Liabilities	-2,150	-2,496	-0	26,340,756	26,335,674	25,385,190
Unpaid Claims	-	-	-	2,117,147	1,888,661	1,625,513
Unearned Premiums	-	-	-	201,905	269,609	153,018
Reinsurance Payable	-	-	-	22,814	19,730	18,215
Long-Term Debt	-	200,000	300,000	300,000	300,000	300,000
Long-Term Deferred Tax Liabilities	-	91,269	681,479	95,437	111,515	92,690
Separate Account Liability	3,241,304	3,058,395	2,463,631	4,373,760	3,785,552	3,374,670
Other Current Liabilities	228,343	54,408	213,371	186,182	49,267	26,500
Other Long-Term Liabilities	27,605,009	26,522,465	26,318,689	334,475	327,996	268,679
Total Liabilities	31,112,455	29,965,458	30,006,997	34,059,409	33,183,129	31,346,741
Common Stock	806,793	806,793	806,793	806,793	806,793	806,793
Additional Paid-In Capital	463,680	463,680	463,680	463,680	463,680	463,680
Retained Earnings	1,408,838	1,313,356	1,778,495	1,312,037	1,088,848	1,025,342
Treasury Stock	-59,848	-60,458	-60,806	-60,806	-60,806	-60,806
Comprensive Income & Other	-426,148	380,608	1,871,427	522,232	771,389	366,207
Total Common Equity	2,193,316	2,903,980	4,859,590	3,043,936	3,069,904	2,601,216
Shareholders' Equity	2,193,316	2,903,980	4,859,590	3,043,936	3,069,904	2,601,216
Total Liabilities & Equity	33,305,770	32,869,437	34,866,587	37,103,345	36,253,033	33,947,957
Filing Date Shares Outstanding	155.95	155.89	155.86	155.86	155.86	155.86
Total Common Shares Outstanding	155.95	155.89	155.86	155.86	155.86	155.86
Total Debt	-	200,000	300,000	300,000	300,000	300,000
Net Cash (Debt)	-	-200,000	-300,000	-300,000	-300,000	-300,000
Net Cash Per Share	-	-1282.99	-1924.82	-1924.82	-1924.82	-1924.82
Book Value Per Share	14064.65	18628.38	31179.48	19530.11	19696.73	16689.59
Tangible Book Value	2,184,345	2,896,556	4,851,820	3,037,010	3,062,151	2,592,657
Tangible Book Value Per Share	14007.12	18580.76	31129.63	19485.68	19646.98	16634.68
Land	24,532	25,452	29,945	23,535	24,605	30,122
Buildings	27,150	30,550	36,495	28,139	29,126	34,183
Machinery	52,764	47,929	51,028	50,203	49,619	55,388

Source: S&P Capital IQ. Insurance template. Financial Sources.