The First Insurance Balance Sheet

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

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	4,676	4,533	3,751	3,207	2,746	2,541
Investments in Equity & Preferred Securities	-	2,531	2,723	2,400	2,277	2,277
Other Investments	6,820	4,247	4,186	4,870	5,365	4,325
Total Investments	14,725	14,267	13,175	13,377	12,548	11,362
Cash & Equivalents	2,156	2,086	2,294	1,387	1,335	1,665
Reinsurance Recoverable	1,583	2,249	2,724	2,977	228.83	256.98
Other Receivables	219.78	337.98	312.5	262.82	241.5	359.39
Property, Plant & Equipment	617.34	621.63	615.07	628.55	663.5	673.06
Other Intangible Assets	16.62	17.34	21.14	33.31	39.76	42.89
Other Current Assets	1.58	532.98	522.69	544.99	543.86	601.87
Long-Term Deferred Tax Assets	4.6	12.27	13.29	22.52	26.17	43.99
Other Long-Term Assets	587.02	92.28	29.67	15.37	2,026	1,856
Total Assets	19,911	20,217	19,707	19,249	17,654	16,861
Accounts Payable	172.6	12.1	10.81	37.91	7.69	6.01
Accrued Expenses	-	320.86	338.73	259.75	258.19	259.83
Insurance & Annuity Liabilities	6,880	27.46	37.31	-	1.02	0.59
Unpaid Claims	-	5,553	5,508	5,750	5,025	4,580
Unearned Premiums	-	4,464	4,498	4,425	4,146	4,011
Reinsurance Payable	8.12	288.3	283.7	313.06	309.25	300.6
Current Portion of Leases	-	2.06	1.82	2.88	2.98	3.25
Current Income Taxes Payable	195.12	111.9	87.82	72.22	49.81	51.26
Long-Term Leases	4.02	1.97	1.17	0.89	2.15	1.48
Long-Term Deferred Tax Liabilities	93.75	92.93	99.59	92.93	108.29	92.93
Other Current Liabilities	-	150.57	94.98	71.62	67.84	92.02
Other Long-Term Liabilities	3,145	36.58	44.05	59.15	59.63	66.96
Total Liabilities	10,498	11,066	11,010	11,121	10,091	9,590
Common Stock	3,012	3,012	3,012	3,012	3,012	3,012
Retained Earnings	6,092	5,777	5,452	4,759	4,265	4,087
Comprehensive Income & Other	309.18	362.73	232.63	357.14	285.95	173.06
Shareholders' Equity	9,412	9,151	8,696	8,128	7,563	7,271
Total Liabilities & Equity	19,911	20,217	19,707	19,249	17,654	16,861
Filing Date Shares Outstanding	301.9	301.16	301.16	301.16	301.16	301.16
Total Common Shares Outstanding	301.9	301.16	301.16	301.16	301.16	301.16
Total Debt	4.02	4.02	2.98	3.77	5.13	4.73
Net Cash (Debt)	2,152	2,082	2,291	1,383	1,330	1,661
Net Cash Growth	1.03%	-9.09%	65.60%	4.00%	-19.90%	-6.23%
Net Cash Per Share	7.13	6.90	7.60	4.59	4.41	5.51
Book Value Per Share	31.18	30.39	28.88	26.99	25.11	24.14
Tangible Book Value	9,396	9,134	8,675	8,094	7,523	7,229
Tangible Book Value Per Share	31.12	30.33	28.81	26.88	24.98	24.00
Land	-	452.34	435.34	436.21	449.67	450.07
Buildings	-	323.12	320.78	339.88	359.07	360.53
Machinery	-	54.72	60.19	61.74	76.88	64.13