Farglory Life Insurance Balance Sheet

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
Investments in Debt Securities	533,371	503,990	453,272	430,403	375,098
Investments in Equity & Preferred Securities	15,587	15,426	13,399	11,659	11,759
Policy Loans	14,480	13,700	12,868	12,507	12,438
Other Investments	5,057	5,204	4,199	4,203	5,285
Total Investments	732,017	713,285	642,020	614,223	586,908
Cash & Equivalents	7,498	6,898	11,492	14,311	12,720
Reinsurance Recoverable	476.81	426.95	379.4	333.78	238.71
Other Receivables	14,918	15,269	15,204	14,447	14,544
Deferred Policy Acquisition Cost	0	0.01	0.02	0.02	0.03
Separate Account Assets	7,984	6,457	4,543	3,398	2,793
Property, Plant & Equipment	6,225	6,152	6,283	6,650	7,213
Other Intangible Assets	144.89	67	76.95	95.55	96.44
Restricted Cash	-	56	-	-	0
Other Current Assets	10,036	9,760	15,811	13,992	9,541
Long-Term Deferred Tax Assets	6,599	8,072	3,735	2,337	1,426
Other Long-Term Assets	128.8	87.33	60.75	61.31	45.97
Total Assets	786,029	766,529	699,607	669,849	635,528
Accounts Payable	122.88	61.75	77.57	71.55	174.52
Accrued Expenses	1,474	1,354	1,225	1,213	1,287
Insurance & Annuity Liabilities	668,410	658,841	634,936	613,688	578,601
Unpaid Claims	2,669	2,493	2,265	2,067	972.07
Unearned Premiums	5,264	4,590	4,190	3,970	3,646
Reinsurance Payable	362.05	269.77	272.72	216.4	183.03
Current Portion of Leases	44.24	48.83	70.86	65.01	66.92
Current Income Taxes Payable	108.13	13.5	13.5	13.5	901.29
Long-Term Leases	162.82	126.56	171.74	129.23	192.48
Long-Term Deferred Tax Liabilities	5,823	8,898	2,876	1,615	620.67
Separate Account Liability	7,984	6,457	4,543	3,398	2,793
Other Current Liabilities	3,227	4,895	193.48	4,056	75.18
Other Long-Term Liabilities	26,641	12,895	9,844	8,781	3,739
Total Liabilities	722,329	701,436	661,201	639,667	594,451
Common Stock	14,503	13,554	12,550	12,426	12,426
Additional Paid-In Capital	-	-	-	-	164.82
Retained Earnings	53,716	50,569	25,137	23,054	18,244
Comprehensive Income & Other	-4,518	970.19	719.13	-5,298	10,242
Shareholders' Equity	63,701	65,093	38,406	30,182	41,077
Total Liabilities & Equity	786,029	766,529	699,607	669,849	635,528
Filing Date Shares Outstanding	1,450	1,450	1,450	1,450	1,450
Total Common Shares Outstanding	1,450	1,450	1,450	1,450	1,450
Total Debt	207.07	175.39	242.6	194.24	259.4
Net Cash (Debt)	7,291	6,723	11,249	14,117	12,461
Net Cash Growth	8.45%	-40.24%	-20.31%	13.29%	-21.25%
Net Cash Per Share	5.02	4.63	7.74	9.70	8.56
Book Value Per Share	43.92	44.88	26.48	20.81	28.32
Tangible Book Value	63,556	65,026	38,329	30,087	40,980
Tangible Book Value Per Share	43.82	44.84	26.43	20.75	28.26
Land	4,034	4,034	4,034	4,223	4,546
Buildings	2,651	2,646	2,639	2,801	2,973
Machinery	281.99	203.24	229.46	208.72	220.22
Leasehold Improvements	32.76	32.76	31.71	56.74	79.53

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.