Shinkong Insurance Balance Sheet

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
Investments in Debt Securities	15,880	13,483	12,546	11,444	7,328
Investments in Equity & Preferred Securities	960.92	978.25	1,043	1,058	1,001
Other Investments	299.95	299.75	299.78	-	-
Total Investments	30,910	25,008	23,608	21,811	19,513
Cash & Equivalents	12,620	14,700	11,339	10,765	11,738
Reinsurance Recoverable	13,112	10,124	7,368	7,531	8,247
Other Receivables	2,776	2,105	2,193	1,598	1,945
Property, Plant & Equipment	1,066	1,134	1,126	1,145	1,320
Other Intangible Assets	48.36	25.97	19.17	22.85	27.46
Restricted Cash	206	197	209.87	86.87	28.44
Other Current Assets	164.28	124.84	950.2	728.83	712.69
Long-Term Deferred Tax Assets	171.74	183.19	158.12	212.03	262.67
Other Long-Term Assets	1,353	1,007	56.94	103.32	91.5
Total Assets	62,427	54,608	47,029	44,005	43,885
Accounts Payable	1,368	1,200	1,123	-	1,038
Accrued Expenses	320.75	295.01	258.24	269.34	277.97
Insurance & Annuity Liabilities	2,322	2,167	2,114	2,142	2,464
Unpaid Claims	15,733	13,459	10,038	10,840	10,338
Unearned Premiums	16,980	15,116	13,460	12,537	12,284
Reinsurance Payable	4,098	2,177	1,700	1,347	1,560
Current Portion of Leases	10.35	12.14	8.7	15.93	14.63
Current Income Taxes Payable	487.94	364.3	328.09	168.8	275.16
Long-Term Leases	15.41	21.01	7.87	17.9	20.29
Long-Term Deferred Tax Liabilities	67.93	96.66	41.66	36.7	34.39
Other Current Liabilities	272.61	439.27	373.55	1,541	169.9
Other Long-Term Liabilities	9.22	5.63	5.5	10.67	33.28
Total Liabilities	41,684	35,372	29,510	28,975	28,628
Common Stock	3,160	3,160	3,160	3,160	3,160
Additional Paid-In Capital	64.84	64.84	64.8	64.8	64.8
Retained Earnings	16,880	15,235	13,478	11,370	10,337
Comprehensive Income & Other	639.2	776.51	815.95	435.18	1,696
Shareholders' Equity	20,743	19,236	17,519	15,030	15,257
Total Liabilities & Equity	62,427	54,608	47,029	44,005	43,885
Filing Date Shares Outstanding	315.96	315.96	315.96	315.96	315.96
Total Common Shares Outstanding	315.96	315.96	315.96	315.96	315.96
Total Debt	25.76	33.16	16.57	33.84	34.92
Net Cash (Debt)	12,595	14,666	11,323	10,731	11,703
Net Cash Growth	-14.13%	29.53%	5.51%	-8.30%	7.22%
Net Cash Per Share	39.86	46.42	35.84	33.96	37.04
Book Value Per Share	65.65	60.88	55.45	47.57	48.29
Tangible Book Value	20,695	19,210	17,500	15,007	15,230
Tangible Book Value Per Share	65.50	60.80	55.39	47.50	48.20
Land	683.45	752.9	748.38	748.38	891.01
Buildings	451.5	498.44	490.22	490.22	525.97
Machinery	500.67	468.2	492.12	457	440.13

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