TPE:2832 Income Statement

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

Millions TWD. 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
Premiums & Annuity Revenue	6,440	6,149	5,898	5,383	6,790
Total Interest & Dividend Income	385.44	387.82	305.45	238.05	188.43
Gain (Loss) on Sale of Investments	106.98	219	172.58	33.09	220.73
Other Revenue	424.8	465.54	389.05	279.48	318.12
Total Revenue	7,357	7,222	6,765	5,933	7,518
Revenue Growth (YoY)	1.87%	6.75%	14.02%	-21.08%	38.42%
Policy Benefits	2,899	3,348	3,041	2,880	4,379
Policy Acquisition & Underwriting Costs	1,144	1,062	1,033	941.15	1,344
Selling, General & Administrative	1,432	1,509	1,460	1,370	1,284
Provision for Bad Debts	-10.85	-1.87	12.32	-20.18	34.01
Other Operating Expenses	275.46	42.71	41.16	39.24	52.96
Total Operating Expenses	5,738	5,960	5,587	5,211	7,093
Operating Income	1,618	1,262	1,178	722.27	424.51
Interest Expense	-1.4	-1.53	-1.82	-1.38	-1.62
Currency Exchange Gain (Loss)	-85.18	99.34	2.17	128.4	-17.22
Other Non Operating Income (Expenses)	1.81	19.29	-0.39	-0.04	-2.24
EBT Excluding Unusual Items	1,534	1,379	1,178	849.25	403.44
Gain (Loss) on Sale of Assets	-	0.13	-	1.18	-
Other Unusual Items	0.07	-	-	-	-
Pretax Income	1,534	1,379	1,178	850.42	403.44
Income Tax Expense	291.21	216.9	199.99	178.46	30.23
Net Income	1,243	1,162	978.27	671.96	373.21
Net Income to Common	1,243	1,162	978.27	671.96	373.21
Net Income Growth	6.90%	18.82%	45.58%	80.05%	-45.72%
Shares Outstanding (Basic)	318	362	254	254	254
Shares Outstanding (Diluted)	319	364	254	254	254
Shares Change (YoY)	-12.33%	42.90%	0.05%	0.12%	-0.14%
EPS (Basic)	3.91	3.21	3.86	2.65	1.47
EPS (Diluted)	3.90	3.20	3.84	2.64	1.47
EPS Growth	21.88%	-16.73%	45.41%	79.62%	-45.50%
Free Cash Flow	1,317	1,132	670.76	-800.94	891.4
Free Cash Flow Per Share	4.13	3.11	2.64	-3.15	3.51
Dividend Per Share	-	2.000	1.857	1.429	1.071
Dividend Growth	-	7.70%	29.99%	33.34%	-31.82%
Operating Margin	22.00%	17.47%	17.42%	12.17%	5.65%
Profit Margin	16.89%	16.10%	14.46%	11.33%	4.96%
Free Cash Flow Margin	17.90%	15.67%	9.92%	-13.50%	11.86%
EBITDA	1,661	1,292	1,210	750.93	451.88
EBITDA Margin	22.58%	17.89%	17.88%	12.66%	6.01%
D&A For EBITDA	42.83	30.26	31.34	28.66	27.37
EBIT	1,618	1,262	1,178	722.27	424.51
EBIT Margin	22.00%	17.47%	17.42%	12.17%	5.65%
Effective Tax Rate	18.99%	15.73%	16.97%	20.98%	7.49%

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