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

Tong Yang Life Insurance Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	124,494	314,293	239,826	-11,359	275,619
Depreciation & Amortization	28,925	27,341	23,012	22,811	21,706
Other Amortization	173,622	132,246	134,034	68,883	343,728
Gain (Loss) on Sale of Assets	-3,121	547	-1,435	546	-1,591
Gain (Loss) on Sale of Investments	-329,838	-52,533	-266,672	266,179	-119,814
Change in Insurance Reserves / Liabilities	-312,024	-716,375	-2,144,854	1,580,026	-
Change in Other Net Operating Assets	1,756,202	143,950	894,144	-1,078,970	-47,348
Other Operating Activities	914,108	451,293	616,404	401,624	260,380
Operating Cash Flow	2,645,772	-389,659	1,051,295	-355,159	1,015,093
Operating Cash Flow Growth	-	-	-	-	66.75%
Capital Expenditures	-6,842	-8,938	-7,018	-2,704	-1,702
Sale of Property, Plant & Equipment	6,248	1,187	3,430	165.82	284.62
Purchase / Sale of Intangible Assets	-10,189	-5,498	-1,890	-1,602	1,050
Investment in Securities	-2,807,648	-128,396	-332,331	888,654	-632,876
Other Investing Activities	-316,825	-168,609	-222,705	-539,971	-52,127
Investing Cash Flow	-3,135,256	-310,254	-560,514	344,542	-685,369
Long-Term Debt Issued	906,123	300,000	-	-	-
Total Debt Repaid	-	-200,000	-100,000	-	-
Net Debt Issued (Repaid)	906,123	100,000	-100,000	-	-
Issuance of Common Stock	-	-	139.34	-	-
Common & Preferred Dividends Paid	-22,466	-83,404	-20,751	-116,731	-52,430
Total Dividends Paid	-22,466	-83,404	-20,751	-116,731	-52,430
Other Financing Activities	-412,803	-9,250	-10,423	-11,556	-10,105
Financing Cash Flow	470,854	7,346	-131,035	-128,287	-62,535
Foreign Exchange Rate Adjustments	-108	-	-107.31	-9,608	7.11
Miscellaneous Cash Flow Adjustments	-	-	-0	-	-
Net Cash Flow	-18,738	-692,567	359,639	-148,513	267,195
Free Cash Flow	2,638,930	-398,597	1,044,277	-357,864	1,013,391
Free Cash Flow Growth	-	-	-	-	67.00%
Free Cash Flow Margin	81.34%	-14.39%	34.48%	-13.98%	17.84%
Free Cash Flow Per Share	16910.24	-2556.10	6698.98	-2296.08	6501.99
Cash Interest Paid	164,769	129,358	130,416	67,935	11,426
Cash Income Tax Paid	45,259	24,892	-8,323	46,891	29,848
Levered Free Cash Flow	-1,750,546	-1,092,257	-19,961,492	-6,134,898	1,267,123
Unlevered Free Cash Flow	-1,815,655	-1,141,849	-20,011,754	-6,160,729	1,261,788
Change in Working Capital	1,743,812	-1,264,720	284,512	-1,134,249	262,587

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