Hanwha Life Insurance Co., Ltd. (KRX:088350)

Hanwha Life Insurance Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Debt Securities	12,181,374	12,208,558	11,961,200	53,591,601	45,303,285	41,894,981
Investments in Equity & Preferred Securities	441,655	451,875	602,099	1,862,270	2,432,661	1,101,686
Policy Loans	-	-	-	-	8,200,115	7,786,111
Other Investments	-	846,016	685,967	20,496,542	28,822,442	29,549,401
Total Investments	139,637,771	135,478,841	122,350,755	120,131,289	112,206,730	101,308,967
Cash & Equivalents	-	-	-	-	0	0
Reinsurance Recoverable	673,755	661,439	723,299	827,782	685,608	646,448
Other Receivables	15,875,179	16,092,763	16,631,683	18,134,322	16,349,180	13,739,037
Deferred Policy Acquisition Cost	-	-	-	-	2,284,005	2,335,061
Separate Account Assets	-	-	-	-	26,181,482	25,322,141
Property, Plant & Equipment	2,118,972	2,089,404	1,821,845	1,804,134	1,884,292	1,901,702
Goodwill	224,651	198,005	177,311	-	-	-
Other Intangible Assets	285,985	250,242	173,906	138,797	985,212	993,623
Other Current Assets	5,911,616	5,104,115	5,691,096	5,119,853	2,643,173	2,388,025
Long-Term Deferred Tax Assets	192,820	94,164	52,789	22,700	138,928	9,178
Long-Term Deferred Charges	196,041	192,426	271,880	186,750	176,583	140,351
Other Long-Term Assets	12,502	-14,968	7,279	-55,147	56,180	-9,749
Total Assets	165,129,292	160,146,431	147,901,843	146,310,481	163,591,373	148,774,784
Accrued Expenses	811,873	747,044	597,756	590,336	526,829	358,102
Insurance & Annuity Liabilities	-57,653	-51,131	-45,846	-68,259	101,767,307	99,661,347
Unpaid Claims	-	-	-	-	4,476,659	4,150,725
Unearned Premiums	-	-	-	-	932,736	922,838
Current Income Taxes Payable	26,425	27,148	6,301	128,814	65,401	4,493
Long-Term Debt	15,663,918	13,318,257	10,982,133	9,848,430	6,987,337	552,557
Long-Term Deferred Tax Liabilities	560,049	736,164	1,361,036	2,364,019	585,246	750,306
Separate Account Liability	9,032,277	9,017,806	8,821,899	8,187,640	26,746,306	25,607,557
Other Current Liabilities	1,578,824	3,406,393	2,177,441	2,735,083	1,784,539	183,714
Other Long-Term Liabilities	123,050,263	118,244,936	108,107,641	102,536,307	5,966,769	3,251,086
Total Liabilities	151,137,591	145,868,430	132,426,755	126,615,800	150,171,792	135,620,150
Common Stock	4,342,650	4,342,650	4,342,650	4,342,650	4,342,650	4,342,650
Additional Paid-In Capital	485,281	485,281	485,281	485,281	485,281	485,281
Retained Earnings	8,418,425	8,205,973	7,609,771	7,929,009	5,083,054	3,251,081
Treasury Stock	-924,085	-924,085	-924,085	-924,085	-924,085	-924,085
Comprehensive Income & Other	-776,680	-314,962	1,524,554	5,539,149	2,286,948	4,722,013
Total Common Equity	11,545,591	11,794,857	13,038,171	17,372,004	11,273,848	11,876,940
Minority Interest	2,446,110	2,483,144	2,436,916	2,322,677	2,145,733	1,277,694
Shareholders' Equity	13,991,701	14,278,001	15,475,088	19,694,681	13,419,581	13,154,634
Total Liabilities & Equity	165,129,292	160,146,431	147,901,843	146,310,481	163,591,373	148,774,784
Filing Date Shares Outstanding	751.39	751.39	751.39	751.39	751.39	751.39
Total Common Shares Outstanding	751.39	751.39	751.39	751.39	751.39	751.39
Total Debt	15,663,918	13,318,257	10,982,133	9,848,430	6,987,337	552,557
Net Cash (Debt)	-15,663,918	-13,318,257	-10,982,133	-9,848,430	-6,987,337	-552,557
Net Cash Per Share	-20659.27	-17577.33	-14534.70	-13063.51	-9282.76	-734.77
Book Value Per Share	15365.64	15697.38	17352.06	23119.82	15003.99	15806.62
Tangible Book Value	11,034,955	11,346,610	12,686,954	17,233,207	10,288,637	10,883,317
Tangible Book Value Per Share	14686.05	15100.82	16884.64	22935.10	13692.80	14484.24
Land	934,728	927,968	745,057	750,684	914,850	915,543
Buildings	1,300,714	1,228,322	1,169,796	1,182,135	1,343,348	1,331,733
Machinery	527,298	516,758	466,583	431,597	429,990	396,098
Construction In Progress	70,189	64,683	27,160	5,140	2,061	20,315

Updated Nov 13, 2024. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.