Fubon Financial Holding Co., Ltd. (TPE: 2881)

Fubon Financial Holding Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Investments in Debt Securities	4,388,980	4,216,855	4,192,658	4,097,812	3,637,267	3,156,407
Investments in Equity & Preferred Securities	125,059	118,497	137,726	117,009	107,873	117,969
Policy Loans	77,778	74,716	73,430	73,619	71,858	72,151
Other Investments	124,664	114,017	127,563	127,148	171,916	119,898
Total Investments	6,824,750	6,479,511	6,207,325	6,302,977	5,616,636	5,097,771
Cash & Equivalents	325,367	326,165	316,597	284,688	274,648	332,143
Reinsurance Recoverable	10,113	11,397	25,428	10,082	8,722	8,932
Other Receivables	3,529,306	3,317,455	3,045,359	2,905,815	2,442,711	2,280,152
Deferred Policy Acquisition Cost	2,569	2,484	2,339	2,195	1,951	1,160
Separate Account Assets	498,585	471,079	469,805	497,837	459,220	412,746
Property, Plant & Equipment	85,174	81,844	75,247	75,425	64,845	64,052
Goodwill	15,885	15,714	15,831	15,707	15,910	15,884
Other Intangible Assets	18,297	17,732	18,361	18,141	17,259	16,829
Restricted Cash	150,784	121,997	111,068	103,756	98,101	98,911
Other Current Assets	221,290	140,654	144,058	128,170	132,361	76,275
Long-Term Deferred Tax Assets	52,693	51,438	74,819	32,087	28,718	22,226
Other Long-Term Assets	80,426	68,842	81,520	122,852	83,370	120,620
Total Assets	11,815,240	11,106,312	10,587,757	10,499,733	9,244,453	8,547,702
Accrued Expenses	55,357	50,615	36,989	31,902	27,528	27,235
Insurance & Annuity Liabilities	4,646,565	4,587,879	4,567,937	4,367,217	4,172,235	3,874,096
Unpaid Claims	12,603	12,026	14,489	9,190	-	27,506
Unearned Premiums	57,868	51,862	52,132	52,990	48,271	51,508
Reinsurance Payable	14,026	13,244	11,376	12,695	9,770	9,997
Current Portion of Long-Term Debt	9,988	6,415	4,988	9,984	16,239	7,558
Current Portion of Leases	2,735	2,697	3,126	2,826	3,513	3,451
Short-Term Debt	245,933	252,539	237,697	217,889	186,042	231,420
Current Income Taxes Payable	11,469	3,373	6,391	18,077	13,302	5,019
Long-Term Debt	340,998	319,044	272,000	281,018	277,886	247,864
Long-Term Leases	18,526	17,905	18,667	18,651	17,760	18,155
Long-Term Deferred Tax Liabilities	53,385	41,351	32,848	27,307	31,435	22,237
Separate Account Liability	514,380	489,098	497,489	497,727	452,878	408,361
Other Current Liabilities	834,788	850,039	889,783	940,734	859,014	688,243
Other Long-Term Liabilities	4,030,024	3,581,357	3,357,596	3,014,405	2,338,396	2,292,295
Total Liabilities	10,858,532	10,289,706	10,014,148	9,515,891	8,467,670	7,928,015
Total Preferred Equity	16,000	16,000	16,000	16,000	12,667	12,667
Common Stock	136,657	130,150	123,952	118,050	102,336	102,336
Additional Paid-In Capital	158,534	165,040	171,018	173,363	137,665	137,061
Retained Earnings	615,704	526,152	481,144	478,692	369,824	310,935
Comprehensive Income & Other	14,080	-34,905	-226,424	163,465	140,377	44,776
Total Common Equity	924,975	786,437	549,691	933,569	750,202	595,108
Minority Interest	15,733	14,169	7,919	34,273	13,914	11,912
Shareholders' Equity	956,709	816,606	573,609	983,842	776,783	619,686
Total Liabilities & Equity	11,815,240	11,106,312	10,587,757	10,499,733	9,244,453	8,547,702
Filing Date Shares Outstanding	13,666	13,666	13,666	13,484	13,031	13,031
Total Common Shares Outstanding	13,666	13,666	13,666	13,484	13,031	13,031
Total Debt	618,181	598,600	536,477	530,370	501,441	508,448
Net Cash (Debt)	-292,814	-272,435	-219,880	-245,681	-226,793	-176,305
Net Cash Per Share	-21.43	-19.94	-16.09	-18.71	-17.40	-13.53
Book Value Per Share	67.69	57.55	40.22	69.24	57.57	45.67
Tangible Book Value	890,793	752,991	515,499	899,721	717,033	562,394
Tangible Book Value Per Share	65.18	55.10	37.72	66.73	55.02	43.16
Land	38,043	38,180	38,510	38,402	31,047	29,205
Buildings	33,320	32,331	30,818	30,422	28,562	27,596
Machinery	26,439	25,582	24,124	22,637	19,985	19,341
Construction In Progress	4,390	2,311	1,567	1,523	1,754	1,576

Source: S&P Capital IQ. Insurance template. Financial Sources.