The First Insurance Co., Ltd. (TPE:2852)

The First Insurance Balance Sheet

Financials in millions TWD. 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	3,751	3,751	3,207	2,746	2,541	2,250
Investments in Equity & Preferred Securities	2,914	2,723	2,400	2,277	2,277	2,458
Other Investments	4,005	4,186	4,870	5,365	4,325	2,752
Total Investments	13,768	13,175	13,377	12,548	11,362	10,298
Cash & Equivalents	2,133	2,294	1,387	1,335	1,665	1,775
Reinsurance Recoverable	566.23	650.75	417.26	228.83	256.98	306.37
Other Receivables	522.73	312.5	262.82	241.5	359.39	350.26
Property, Plant & Equipment	610.45	615.07	628.55	663.5	673.06	665.96
Other Intangible Assets	20.12	21.14	33.31	39.76	42.89	44.11
Other Current Assets	541.94	522.69	544.99	543.86	601.87	684.56
Long-Term Deferred Tax Assets	13.41	13.29	22.52	26.17	43.99	51.62
Other Long-Term Assets	2,147	2,103	2,576	2,026	1,856	1,850
Total Assets	20,322	19,707	19,249	17,654	16,861	16,026
Accounts Payable	13.24	10.81	37.91	7.69	6.01	5.82
Accrued Expenses	235.38	340.65	259.75	258.19	259.83	232.45
Insurance & Annuity Liabilities	10.84	9.83	-	1.02	0.59	6.71
Unpaid Claims	5,391	5,508	5,750	5,025	4,580	4,414
Unearned Premiums	4,766	4,498	4,425	4,146	4,011	3,820
Reinsurance Payable	472	283.7	313.06	309.25	300.6	343.5
Current Portion of Leases	1.75	1.82	2.88	2.98	3.25	2.27
Current Income Taxes Payable	155.23	87.82	72.22	49.81	51.26	1.01
Long-Term Leases	1.04	1.17	0.89	2.15	1.48	2.17
Long-Term Deferred Tax Liabilities	93.63	99.59	92.93	108.29	92.93	92.93
Other Current Liabilities	96.57	94.98	71.62	67.84	92.02	91.7
Other Long-Term Liabilities	65.14	71.52	59.15	59.63	66.96	107.38
Total Liabilities	11,308	11,010	11,121	10,091	9,590	9,264
Common Stock	3,012	3,012	3,012	3,012	3,012	3,012
Retained Earnings	5,706	5,452	4,759	4,265	4,087	3,458
Comprehensive Income & Other	297.51	232.63	357.14	285.95	173.06	292.33
Shareholders' Equity	9,015	8,696	8,128	7,563	7,271	6,762
Total Liabilities & Equity	20,322	19,707	19,249	17,654	16,861	16,026
Filing Date Shares Outstanding	301.16	301.16	301.16	301.16	301.16	301.16
Total Common Shares Outstanding	301.16	301.16	301.16	301.16	301.16	301.16
Total Debt	2.79	2.98	3.77	5.13	4.73	4.45
Net Cash (Debt)	2,130	2,291	1,383	1,330	1,661	1,771
Net Cash Growth	29.92%	65.60%	4.00%	-19.90%	-6.23%	-4.58%
Net Cash Per Share	7.06	7.60	4.59	4.41	5.51	5.88
Book Value Per Share	29.93	28.88	26.99	25.11	24.14	22.45
Tangible Book Value	8,995	8,675	8,094	7,523	7,229	6,718
Tangible Book Value Per Share	29.87	28.81	26.88	24.98	24.00	22.31
Land	435.34	435.34	436.21	449.67	450.07	450.07
Buildings	320.78	320.78	339.88	359.07	360.53	358.53
Machinery	60.54	60.19	61.74	76.88	64.13	42.64

Updated Mar 11, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.