Farglory Life Insurance Co., Ltd. (TPEX:5859)

Farglory Life Insurance Balance Sheet

Financials in millions TWD. 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	515,118	503,990	453,272	430,403	375,098	329,173
Investments in Equity & Preferred Securities	14,973	15,426	13,399	11,659	11,759	11,755
Policy Loans	13,772	13,700	12,868	12,507	12,438	11,715
Other Investments	4,857	5,204	4,199	4,203	5,285	5,655
Total Investments	701,506	691,325	642,020	614,223	586,908	538,794
Cash & Equivalents	7,564	6,898	11,492	14,311	12,720	16,149
Reinsurance Recoverable	464.59	426.95	379.4	333.78	238.71	267.23
Other Receivables	16,155	15,269	15,204	14,447	14,544	10,538
Deferred Policy Acquisition Cost	0	0.01	0.02	0.02	0.03	0.09
Separate Account Assets	6,912	6,457	4,543	3,398	2,793	2,028
Property, Plant & Equipment	6,131	6,152	6,283	6,650	7,213	6,887
Other Intangible Assets	61.77	67	76.95	95.55	96.44	94.04
Restricted Cash	-	56	-	-	0	292.03
Other Current Assets	9,401	9,760	15,811	13,992	9,541	9,955
Long-Term Deferred Tax Assets	9,492	8,072	3,735	2,337	1,426	1,419
Other Long-Term Assets	99.31	87.33	60.75	61.31	45.97	57.01
Total Assets	757,785	744,569	699,607	669,849	635,528	586,482
Accounts Payable	95.38	61.75	77.57	71.55	174.52	239.01
Accrued Expenses	939.39	1,354	1,225	1,213	1,287	1,270
Insurance & Annuity Liabilities	664,357	658,841	634,936	613,688	578,601	532,610
Unpaid Claims	2,581	2,493	2,265	2,067	972.07	989.57
Unearned Premiums	4,340	4,968	4,190	3,970	3,646	3,342
Reinsurance Payable	318.56	269.77	272.72	216.4	183.03	179.64
Current Portion of Leases	45.96	45.52	70.86	65.01	66.92	55.92
Current Income Taxes Payable	13.5	13.5	13.5	13.5	901.29	150.08
Long-Term Leases	124.12	129.87	171.74	129.23	192.48	270.38
Long-Term Deferred Tax Liabilities	8,989	7,569	2,876	1,615	620.67	580.44
Separate Account Liability	6,912	6,457	4,543	3,398	2,793	2,028
Other Current Liabilities	3,643	4,895	193.48	4,056	75.18	694.16
Other Long-Term Liabilities	13,973	12,895	9,844	8,781	3,739	6,040
Total Liabilities	706,853	700,107	661,201	639,667	594,451	549,731
Common Stock	13,554	13,554	12,550	12,426	12,426	12,426
Additional Paid-In Capital	-	-	-	-	164.82	154.28
Retained Earnings	34,989	29,938	25,137	23,054	18,244	12,072
Comprehensive Income & Other	2,389	970.19	719.13	-5,298	10,242	12,099
Shareholders' Equity	50,932	44,462	38,406	30,182	41,077	36,751
Total Liabilities & Equity	757,785	744,569	699,607	669,849	635,528	586,482
Filing Date Shares Outstanding	1,355	1,355	1,355	1,355	1,355	1,355
Total Common Shares Outstanding	1,355	1,355	1,355	1,355	1,355	1,355
Total Debt	170.08	175.39	242.6	194.24	259.4	326.3
Net Cash (Debt)	7,394	6,723	11,249	14,117	12,461	15,823
Net Cash Growth	-34.27%	-40.24%	-20.31%	13.29%	-21.25%	-30.19%
Net Cash Per Share	5.45	4.95	8.29	10.38	9.16	11.64
Book Value Per Share	37.58	32.80	28.34	22.27	30.31	27.11
Tangible Book Value	50,871	44,395	38,329	30,087	40,980	36,657
Tangible Book Value Per Share	37.53	32.75	28.28	22.20	30.23	27.05
Land	4,034	4,034	4,034	4,223	4,546	4,196
Buildings	2,647	2,646	2,639	2,801	2,973	2,767
Machinery	220.05	203.24	229.46	208.72	220.22	215.68
Leasehold Improvements	32.76	32.76	31.71	56.74	79.53	79.53

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