Central Reinsurance 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	19,948	20,029	20,114	18,729	18,991
Total Interest & Dividend Income	1,128	1,054	888.11	576.73	403.78
Gain (Loss) on Sale of Investments	2,651	322.25	766.07	177.12	1,046
Other Revenue	136.39	176.64	196.44	289.63	352.2
Total Revenue	23,863	21,582	21,965	19,772	20,793
Revenue Growth (YoY)	10.57%	-1.74%	11.09%	-4.91%	14.63%
Policy Benefits	12,889	13,553	12,979	15,575	11,844
Policy Acquisition & Underwriting Costs	5,969	5,768	5,799	5,221	5,588
Selling, General & Administrative	397.2	608.66	682.25	491.3	493.51
Provision for Bad Debts	-0	0.02	0.01	0.01	-
Other Operating Expenses	234.83	-53.33	24.14	27.12	41.74
Total Operating Expenses	19,490	19,877	19,484	21,314	17,968
Operating Income	4,373	1,705	2,480	-1,542	2,825
Interest Expense	-0.01	-0.02	-0.03	-0.02	-0.02
Currency Exchange Gain (Loss)	-1,003	1,251	9.28	1,543	-369.16
Other Non Operating Income (Expenses)	33.94	8.51	5.17	7.85	0.18
EBT Excluding Unusual Items	3,403	2,965	2,495	8.5	2,456
Gain (Loss) on Sale of Assets	-	-	-	14.88	15.05
Pretax Income	3,403	2,965	2,495	23.38	2,471
Income Tax Expense	470.84	449.57	404.84	-229.89	406.07
Net Income	2,933	2,515	2,090	253.27	2,065
Net Income to Common	2,933	2,515	2,090	253.27	2,065
Net Income Growth	16.60%	20.35%	725.17%	-87.73%	36.24%
Shares Outstanding (Basic)	800	800	800	617	590
Shares Outstanding (Diluted)	800	800	800	617	590
Shares Change (YoY)	-	-	29.75%	4.48%	-
EPS (Basic)	3.66	3.14	2.61	0.41	3.50
EPS (Diluted)	3.66	3.14	2.61	0.41	3.50
EPS Growth	16.60%	20.35%	535.96%	-88.26%	36.24%
Free Cash Flow	2,345	-1,735	-7,355	2,110	3,165
Free Cash Flow Per Share	2.93	-2.17	-9.19	3.42	5.36
Dividend Per Share	2.200	1.900	1.400	-	1.800
Dividend Growth	15.79%	35.71%	-	-	38.46%
Operating Margin	18.32%	7.90%	11.29%	-7.80%	13.59%
Profit Margin	12.29%	11.65%	9.52%	1.28%	9.93%
Free Cash Flow Margin	9.83%	-8.04%	-33.48%	10.67%	15.22%
EBITDA	4,404	1,732	2,508	-1,521	2,838
EBITDA Margin	18.45%	8.02%	11.42%	-7.69%	13.65%
D&A For EBITDA	30.99	26.62	27.45	21.65	12.65
EBIT	4,373	1,705	2,480	-1,542	2,825
EBIT Margin	18.32%	7.90%	11.29%	-7.80%	13.59%
Effective Tax Rate	13.83%	15.16%	16.23%	-	16.43%
Revenue as Reported	22,898	22,887	21,978	21,338	20,441

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