Cathay Financial Holding Balance Sheet

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

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Investments in Debt Securities	4,643,219	4,862,573	4,685,671	4,509,781	3,208,996	3,115,519
Investments in Equity & Preferred Securities	62,358	62,946	34,212	32,883	32,615	33,036
Policy Loans	-	172,091	-	-	-	-
Other Investments	1,333,998	1,190,784	1,018,060	1,062,939	1,791,448	1,618,256
Total Investments	8,601,994	8,697,890	8,078,105	7,625,524	7,342,328	6,833,827
Cash & Equivalents	766,053	518,302	559,127	582,527	614,799	590,560
Reinsurance Recoverable	21,972	19,635	15,779	15,852	12,260	9,647
Other Receivables	3,548,856	3,218,131	2,938,567	2,717,829	2,496,760	2,413,542
Separate Account Assets	800,857	790,958	727,666	655,427	724,210	641,685
Property, Plant & Equipment	114,914	114,673	114,927	113,384	102,215	102,544
Goodwill	12,022	12,047	23,723	23,566	21,881	21,843
Other Intangible Assets	19,945	21,106	25,947	28,071	29,663	32,160
Other Current Assets	82,422	204,438	130,710	103,274	53,435	100,690
Long-Term Deferred Tax Assets	98,148	87,845	74,166	89,896	63,746	61,507
Other Long-Term Assets	175,473	82,126	121,708	115,536	133,064	142,470
Total Assets	14,242,656	13,767,150	12,810,424	12,070,886	11,594,361	10,950,472
Accounts Payable	155,538	3,938	89,768	73,787	76,870	68,697
Accrued Expenses	-	35,668	-	-	-	-
Insurance & Annuity Liabilities	7,076,506	7,109,337	6,886,115	6,764,123	6,384,551	6,057,220
Unpaid Claims	37,968	34,190	27,784	36,299	23,599	22,026
Unearned Premiums	44,575	42,769	39,198	36,386	34,802	32,514
Current Portion of Long-Term Debt	-	-	-	-	73,908	72,012
Current Portion of Leases	836.75	-	-	-	1,137	1,352
Short-Term Debt	188,795	274,263	208,080	251,886	141,613	135,141
Current Income Taxes Payable	45,640	6,652	540.59	4,484	7,528	20,629
Long-Term Debt	544,212	515,699	346,542	281,297	185,851	188,249
Long-Term Leases	18,907	19,655	20,030	19,241	13,584	11,660
Long-Term Deferred Tax Liabilities	45,276	73,089	49,491	49,779	52,977	67,823
Separate Account Liability	800,857	790,958	727,666	655,427	724,210	641,685
Other Current Liabilities	2,470,043	2,336,420	2,193,897	2,150,844	2,081,830	1,828,136
Other Long-Term Liabilities	1,902,444	1,614,509	1,416,287	1,131,555	873,770	894,502
Total Liabilities	13,334,760	12,860,624	12,008,978	11,459,178	10,680,323	10,045,697
Total Preferred Equity	15,333	15,333	15,333	15,333	15,333	15,333
Common Stock	146,692	146,692	146,692	146,692	131,692	131,692
Additional Paid-In Capital	203,119	203,144	202,793	215,318	177,244	177,256
Retained Earnings	605,472	581,517	501,697	454,847	477,987	371,469
Comprehensive Income & Other	-78,540	-57,995	-78,461	-233,350	99,782	197,311
Total Common Equity	876,742	873,359	772,722	583,507	886,705	877,728
Minority Interest	15,821	17,835	13,391	12,868	12,001	11,714
Shareholders' Equity	907,896	906,527	801,446	611,708	914,039	904,776
Total Liabilities & Equity	14,242,656	13,767,150	12,810,424	12,070,886	11,594,361	10,950,472
Filing Date Shares Outstanding	14,669	14,669	14,669	14,669	13,169	13,169
Total Common Shares Outstanding	14,669	14,669	14,669	14,669	13,169	13,169
Total Debt	752,751	809,617	574,652	552,424	416,094	408,413
Net Cash (Debt)	13,302	-291,315	-15,525	30,103	198,705	182,147
Net Cash Growth	-73.14%	-	-	-84.85%	9.09%	546.60%
Net Cash Per Share	0.91	-19.86	-1.06	2.28	15.09	13.83
Book Value Per Share	59.77	59.54	52.68	39.78	67.33	66.65
Tangible Book Value	844,776	840,206	723,052	531,871	835,162	823,726
Tangible Book Value Per Share	57.59	57.28	49.29	36.26	63.42	62.55
Land	69,336	69,361	69,374	69,408	69,525	68,733
Buildings	45,858	45,824	45,718	45,561	44,614	46,247
Machinery	42,980	41,125	39,500	35,231	23,135	22,046
Construction In Progress	3,116	2,545	1,773	2,336	1,541	1,040
Leasehold Improvements	1,357	1,324	1,523	1,502	1,384	1,228

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.