Korea Asset In Trust Income Statement

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
Interest and Dividend Income	116,178	121,176	121,457	93,257	66,085
Total Interest Expense	39,744	28,583	19,500	15,072	12,454
Net Interest Income	76,434	92,593	101,957	78,184	53,631
Commissions and Fees	63,248	88,735	115,438	127,935	119,494
Gain (Loss) on Sale of Investments	24,323	13,207	20,514	9,019	15,434
Other Revenue	536.01	3,329	1,661	2,754	11,515
Revenue Before Loan Losses	164,541	197,865	239,571	217,892	200,073
Provision for Loan Losses	2,198	4,631	1,803	281.33	48.14
Revenue	162,343	193,233	237,768	217,611	200,025
Revenue Growth (YoY)	-15.99%	-18.73%	9.26%	8.79%	-10.34%
Salaries & Employee Benefits	26,411	27,423	36,449	34,362	28,116
Cost of Services Provided	11,327	9,323	10,286	13,317	10,051
Other Operating Expenses	7,594	5,813	16,203	4,064	5,943
Total Operating Expenses	49,516	46,652	67,408	55,558	47,489
Operating Income	112,827	146,582	170,360	162,053	152,536
Earnings From Equity Investments	3,104	-2,119	51,757	-219.43	-143.16
Currency Exchange Gain (Loss)	-9.53	-	-	-	-
EBT Excluding Unusual Items	141,804	144,539	221,170	160,599	150,968
Gain (Loss) on Sale of Investments	-14,867	-22,554	-15,361	-10,215	-4,610
Pretax Income	63,215	49,736	167,521	145,422	146,357
Income Tax Expense	13,834	12,312	37,879	37,180	38,897
Earnings From Continuing Ops.	49,382	37,424	129,642	108,242	107,461
Net Income	49,382	37,424	129,642	108,242	107,461
Net Income to Common	49,382	37,424	129,642	108,242	107,461
Net Income Growth	31.95%	-71.13%	19.77%	0.73%	-17.34%
Shares Outstanding (Basic)	122	122	122	122	122
Shares Outstanding (Diluted)	122	122	122	122	122
EPS (Basic)	403.55	305.83	1059.45	884.57	878.18
EPS (Diluted)	403.55	305.83	1059.00	884.57	878.18
EPS Growth	31.95%	-71.12%	19.72%	0.73%	-17.34%
Free Cash Flow	203,191	-325,849	-246,919	-6,053	-63,007
Free Cash Flow Per Share	1660.50	-2662.88	-2017.86	-49.46	-514.90
Dividend Per Share	150.000	-	220.000	-	-
Operating Margin	69.50%	75.86%	71.65%	74.47%	76.26%
Profit Margin	30.42%	19.37%	54.52%	49.74%	53.72%
Free Cash Flow Margin	125.16%	-168.63%	-103.85%	-2.78%	-31.50%
Effective Tax Rate	21.88%	24.75%	22.61%	25.57%	26.58%

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