Hanwha General Insurance Co., Ltd. (KRX:000370)

Hanwha General Insurance Balance Sheet

Financials in millions KRW. 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	-	-	-	-	5,992,987	5,195,348
Investments in Equity & Preferred Securities	36,033	35,326	37,806	15,715	331,346	248,472
Policy Loans	-	-	-	-	1,297,433	1,170,695
Other Investments	255,271	297,199	379,635	213,144	5,702,484	6,045,352
Total Investments	19,056,977	17,999,363	16,305,945	14,187,608	15,214,009	14,451,565
Cash & Equivalents	-	-	-	-	-0	-0
Reinsurance Recoverable	419,853	413,856	463,420	668,607	933,104	878,551
Other Receivables	770,820	772,855	659,162	1,688,436	2,508,186	2,681,373
Deferred Policy Acquisition Cost	-	-	-	-	797,358	867,007
Separate Account Assets	-	-	-	-	4,228	5,707
Property, Plant & Equipment	362,902	357,249	390,591	396,972	476,003	364,644
Other Intangible Assets	31,079	27,079	23,653	24,114	28,226	30,705
Other Current Assets	316,413	219,793	207,592	134,579	242,464	147,537
Long-Term Deferred Charges	32,089	27,302	36,041	37,460	38,565	44,188
Other Long-Term Assets	14,332	16,664	28,860	35,735	42,844	47,056
Total Assets	21,004,466	19,834,161	18,115,264	17,173,512	20,284,988	19,518,333
Accrued Expenses	71,100	59,635	44,233	70,785	124,606	111,415
Insurance & Annuity Liabilities	0	-0	0	-0	15,402,193	14,521,287
Unpaid Claims	-	-	-	-	714,393	671,465
Unearned Premiums	-	-	-	-	774,845	754,522
Reinsurance Payable	-	-	-	-	304,944	273,475
Current Income Taxes Payable	-	-	-	111,963	-	-
Long-Term Debt	1,098,828	600,416	251,767	729,913	479,492	479,372
Long-Term Deferred Tax Liabilities	327,512	365,792	485,896	365,820	76,075	163,064
Separate Account Liability	70,364	72,271	66,745	65,884	4,616	5,970
Other Current Liabilities	275,925	277,121	175,033	306,743	79,326	33,696
Other Long-Term Liabilities	16,335,371	15,502,865	13,740,670	12,285,640	860,136	790,269
Total Liabilities	18,181,536	16,881,077	14,769,484	13,942,309	18,825,405	17,811,682
Total Preferred Equity	190,000	190,000	190,000	190,000	-	-
Common Stock	583,695	583,695	583,695	583,695	583,695	583,695
Additional Paid-In Capital	66,873	66,873	66,873	89,678	69,883	73,299
Retained Earnings	2,575,692	2,445,085	2,155,375	1,863,659	526,848	417,184
Treasury Stock	-5,455	-5,455	-513.4	-513.4	-513.4	-
Comprehensive Income & Other	-669,586	-413,670	236,835	410,938	237,896	605,695
Total Common Equity	2,551,218	2,676,527	3,042,263	2,947,456	1,417,809	1,679,873
Minority Interest	81,712	86,556	113,516	93,746	41,774	26,778
Shareholders' Equity	2,822,930	2,953,083	3,345,779	3,231,202	1,459,583	1,706,651
Total Liabilities & Equity	21,004,466	19,834,161	18,115,264	17,173,512	20,284,988	19,518,333
Filing Date Shares Outstanding	115.62	115.62	116.62	116.62	116.62	116.74
Total Common Shares Outstanding	115.62	115.62	116.62	116.62	116.62	116.74
Total Debt	1,098,828	600,416	251,767	729,913	479,492	479,372
Net Cash (Debt)	-1,098,828	-600,416	-251,767	-729,913	-479,492	-479,372
Net Cash Per Share	-7140.02	-3892.28	-1627.05	-5768.91	-4107.39	-4106.36
Book Value Per Share	22065.46	23149.26	26086.88	25273.93	12157.47	14390.00
Tangible Book Value	2,520,139	2,649,448	3,018,611	2,923,342	1,389,582	1,649,168
Tangible Book Value Per Share	21796.66	22915.05	25884.07	25067.15	11915.43	14126.97
Land	121,691	121,359	121,774	121,639	268,852	160,012
Buildings	142,201	141,705	143,528	143,277	217,023	220,295
Machinery	212,284	209,738	193,846	180,831	157,731	135,370
Construction In Progress	9,653	9,929	-	-	-	-

Updated Nov 13, 2024. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.