| Balance sheet |
|
| Summary |
|
|
|
|
| Accounts |
22th
period (current period)
First Half |
21th
period (previous period) |
| Amount |
Amount |
| Assets |
|
|
|
|
| I. Cash and Dues from Financial Institutions |
|
498,087,716,999 |
|
463,254,910,145 |
| 1. Cash and Dues from Financial Institutions |
496,032,392,665 |
|
463,254,910,145 |
|
| A. Cash |
4,722,942 |
|
4,703,282 |
|
| B. Current Deposits |
1,300,407,539 |
|
604,461,692 |
|
| C. Deposits on Demand |
34,176,788,107 |
|
44,273,638,981 |
|
| D. Time Deposits |
163,520,000,000 |
|
131,520,000,000 |
|
| E. Other Due from Financial Institutions |
297,030,474,077 |
|
286,852,106,190 |
|
| 2. Trust Accounts |
2,055,324,334 |
|
|
|
| II. Marketable Securities |
|
2,966,373,919,274 |
|
3,003,649,335,352 |
| 1. Trading Securities |
29,996,585,700 |
|
513,833,159 |
|
| A. Government Bonds |
29,996,585,700 |
|
|
|
| B. Beneficiary Interest in Investment Funds |
|
|
513,833,159 |
|
| 2. Available-for-sale Securities |
1,860,093,963,901 |
|
1,990,520,905,993 |
|
| A. Shares |
112,977,118,526 |
|
152,193,839,908 |
|
| B.Capital Stock |
131,310,000,000 |
|
130,060,180,000 |
|
| C. Government Bonds |
173,779,435,586 |
|
193,354,176,691 |
|
| D. Special Purpose Bonds |
253,033,939,110 |
|
219,130,615,386 |
|
| E. Corporate Bonds |
276,359,695,100 |
|
301,401,663,824 |
|
| F. Beneficiary Interest
in Investment Funds |
803,690,431,086 |
|
885,227,694,204 |
|
| G. Foreign Marketable
Securities |
65,869,680,270 |
|
57,676,129,717 |
|
| H. Other Marketable Securities |
43,073,664,223 |
|
51,476,606,263 |
|
| 3. Securities Owned to Maturity |
930,024,814,446 |
|
898,825,443,305 |
|
| A. Government Bonds |
276,484,274,200 |
|
276,044,579,268 |
|
| B. Special Purpose Bonds |
384,766,783,934 |
|
314,205,232,003 |
|
| C. Corporate Bonds |
138,126,756,312 |
|
138,107,632,034 |
|
| D. Foreign Marketable |
130,647,000,000 |
|
170,468,000,000 |
|
| 4. Equity Method Investment |
146,258,555,227 |
|
113,789,152,895 |
|
| A. shares |
146,258,555,227 |
|
113,789,152,895 |
|
| III. Loans |
|
829,458,290,740 |
|
863,404,798,087 |
| Provision for Bad Debts |
(8,301,060,789) |
|
(8,650,993,031) |
|
| 1. Policy Loans |
595,657,501,750 |
|
573,645,600,270 |
|
| 2. Loans Secured by Real-estate |
168,622,370,988 |
|
220,862,070,919 |
|
| 3. Unsecured Loans |
40,955,906,570 |
|
42,695,740,599 |
|
| 4. Loans on Acceptances
and Guarantees |
10,174,137,557 |
|
10,640,457,335 |
|
| 5. Other Loans |
22,349,434,664 |
|
24,211,921,995 |
|
| IV. Tangible Assets |
|
146,960,722,614 |
|
161,521,863,139 |
| 1. Land |
20,992,931,500 |
|
20,992,931,500 |
|
| 2. Buildings |
96,254,184,689 |
|
96,254,184,689 |
|
| Accumulated Depreciation |
(14,338,952,187) |
|
(13,376,410,339) |
|
| 3. Structures |
141,842,550 |
|
141,842,550 |
|
| Accumulated Depreciation |
(41,851,260) |
|
(39,014,409) |
|
| 4. Vehicles and Transportation Equipment |
1,177,531,370 |
|
1,267,601,000 |
|
| Accumulated Depreciation |
(927,161,955) |
|
(930,913,611) |
|
| 5. Office Equipment |
100,992,840,248 |
|
93,949,026,941 |
|
| Accumulated Depreciation |
(66,525,348,392) |
|
(59,623,136,948) |
|
| 6. Other Tangible Assets |
2,439,974,750 |
|
2,439,974,750 |
|
| Accumulated Depreciation |
(528,661,200) |
|
(284,663,725) |
|
| 7. Construction in Progress |
6,417,542,501 |
|
19,824,590,741 |
|
| 8. Other Tangible Assets |
905,850,000 |
|
905,850,000 |
|
| V. Other assets |
|
1,414,479,967,103 |
|
1,148,938,873,398 |
| 1. Insurance Receivables |
80,155,831,052 |
|
359,870,980 |
|
| A. Land |
59,680,778,965 |
|
197,962,280 |
|
| Accumlated Unrecoverable Valuation |
(20,299,495) |
|
(20,299,495) |
|
| B. Buildings |
20,938,665,639 |
|
589,438,296 |
|
| Accumulated Depreciation |
(122,894,764) |
|
(86,810,808) |
|
| Accumlated Unrecoverable Valuation |
(320,419,293) |
|
(320,419,293) |
|
| 2. Insurance Receivables |
31,414,237,350 |
|
14,073,666,135 |
|
| A. Software |
6,207,736,915 |
|
3,553,951,698 |
|
| B. Other Intangible Assets |
25,206,500,435 |
|
10,519,714,437 |
|
| 3. Insurance Receivables |
53,191,266,936 |
|
52,411,666,658 |
|
| Provision for Bad Debts |
(112,046,536) |
|
(57,406,501) |
|
| 4. Receivables |
11,042,450,850 |
|
38,279,780,091 |
|
| Provision for Bad Debts |
(917,010,361) |
|
(921,381,529) |
|
| 5. Accrued Revenues |
61,775,619,311 |
|
53,946,052,060 |
|
| Provision for Bad Debts |
(70,019,922) |
|
(72,518,265) |
|
| 6. Prepayments |
1,973,426,114 |
|
136,040,875 |
|
| 7. Advance Expenses |
2,643,022,834 |
|
1,774,152,519 |
|
| 8. Income Tax Refund Receivable |
|
|
3,783,230,830 |
|
| 9. Deferred Income Tax Liabilities |
91,397,938,499 |
|
|
|
| 10. Deposits Received |
114,472,924,446 |
|
116,354,829,104 |
|
| 11. Acquisition Costs of New or Renewal Insurance Contracts |
967,188,534,142 |
|
862,343,497,834 |
|
| 12. Derivative Assets |
323,792,388 |
|
6,527,392,607 |
|
| VI. Special Accounts |
|
3,178,539,316,825 |
|
2,755,055,111,915 |
| 1. Separate Account Payable |
(112,839,737,660) |
|
(83,154,193,975) |
|
| 2. Retirement Insurance |
820,808,401,419 |
|
845,374,341,548 |
|
| 3. Retirement Annuity |
106,740,160,188 |
|
91,822,222,607 |
|
| 4. Variable Insurance |
2,363,830,492,878 |
|
1,901,012,741,735 |
|
| Total Assets |
|
9,033,899,933,555 |
|
8,395,824,892,036 |
| Liabilities |
|
|
|
|
| I. Insurance Reserve |
|
5,102,416,551,141 |
|
4,893,421,042,000 |
| Reserve Adjustment Account for Reinsurance Ceded |
(3,324,651,106) |
|
(3,456,881,899) |
|
| 1. Premium Reserve |
4,945,033,177,988 |
|
4,733,351,580,488 |
|
| 2. Unearned Premium Reserve |
1,417,243,697 |
|
1,552,030,757 |
|
| 3. Reserve for Outstanding Claims |
140,103,324,591 |
|
142,542,964,415 |
|
| 4. Reserve for Participating Policyholders' Dividends |
17,439,557,129 |
|
17,683,449,397 |
|
| A. Reserve for Interest Rate Difference Guarantee |
6,795,989,265 |
|
6,873,940,833 |
|
| B. Dividend Reserves for Differences Due to Risk |
8,118,644,064 |
|
8,254,845,962 |
|
| C. Dividend Reserves for Difference in Interest |
2,509,595,226 |
|
2,538,838,855 |
|
| D. Special Reserve for Long-term Maintenance |
15,328,574 |
|
15,823,747 |
|
| 5. Unallocated Divisible Surplus to Future Policyholders |
1,428,702,217 |
|
1,428,702,217 |
|
| 6. Reserve forInterest Rate Difference Guarantee |
319,196,625 |
|
319,196,625 |
|
| II. Policy Reserve Adjustment |
|
3,602,461,743 |
|
794,690,671 |
| 1. Gain on Valuation of Available-for-Sale Securities |
(683,871,848) |
|
|
|
| 2. Automatic Method Investment |
4,286,333,591 |
|
794,690,671 |
|
| III. Borrowings Liabilities |
|
45,000,000,000 |
|
45,000,000,000 |
| 1. Borrowings |
45,000,000,000 |
|
45,000,000,000 |
|
| IV. Other Liabilities |
|
260,055,120,118 |
|
214,294,532,933 |
| 1. Insurance Claims Payable |
31,565,989,973 |
|
34,513,228,320 |
|
| 2. Accounts Payable |
1,904,727,226 |
|
7,439,584,827 |
|
| 3. Accrued Expense |
56,294,221,901 |
|
84,461,550,147 |
|
| 4. Income Taxes Payable |
60,967,993,539 |
|
|
|
| 5. Unearned Revenue |
1,221,192 |
|
77,334,959 |
|
| 6. Deposits |
27,978,984,565 |
|
25,557,761,202 |
|
| 7. Prepaid Insurance |
31,205,998,257 |
|
34,028,972,475 |
|
| 8. Deferred Income Tax Liabilities |
|
|
239,221,947 |
|
| 9. Lease Deposits |
5,371,883,370 |
|
3,543,221,260 |
|
| 10. Provision for Severance Pay |
24,431,013,350 |
|
23,246,192,190 |
|
| National Pension Conversion Fund |
(279,866,650) |
|
(288,710,350) |
|
| Reserve For Severance Benefits |
(24,151,146,700) |
|
(22,520,174,766) |
|
| 11. Derivative Liabilities |
32,752,346,034 |
|
10,409,291,988 |
|
| 12. Minimum Guarantee Reserves for Death |
1,754,298,617 |
|
1,086,647,751 |
|
| 13. Minimum Guarantee Reserves for Annuities |
7,535,841,452 |
|
5,116,253,118 |
|
| 14. Other Liabilities |
2,721,613,992 |
|
7,384,157,865 |
|
| V. Separate Account Liabilities |
|
3,285,507,298,675 |
|
2,831,371,896,188 |
| 1. Separate Account Receivables |
(8,437,152,807) |
|
(6,837,409,702) |
|
| 2. Retirement Insurance |
821,984,984,911 |
|
845,374,341,548 |
|
| 3. Retirement Annuity |
108,128,973,693 |
|
91,822,222,607 |
|
| 4. Variable Insurance |
2,363,830,492,878 |
|
1,901,012,741,735 |
|
| Total Liabilities |
|
8,696,581,431,677 |
|
7,984,882,161,792 |
| Capital |
|
|
|
|
| I. Equity |
|
463,400,000,000 |
|
463,400,000,000 |
| 1. Ordinary Shares |
463,400,000,000 |
|
463,400,000,000 |
|
| II. Capital Adjustment |
|
(7,550,638,705) |
|
(7,551,999,708) |
| 1. Discount on Shares |
(7,550,638,705) |
|
(7,551,999,708) |
|
| III. Accumulated Other Comprehensive Income |
|
(115,237,945,768) |
|
(32,901,415,567) |
| 1. Loss on Valuation of Available-for-Sale Securities |
(121,018,196,497) |
|
(34,266,691,392) |
|
| 2. Losses on Valuation of Held to Maturity Securities |
(31,917,502) |
|
(31,917,502) |
|
| 3. Automatic Method Investment |
8,377,565,228 |
|
1,397,193,327 |
|
| 4. Separate Account Accumlated Other Comprehensive Income |
(2,565,396,997) |
|
|
|
| IV. Deficit |
|
(3,292,913,649) |
|
(12,003,854,481) |
| 1. Deficits Before Adjustment |
(3,292,913,649) |
|
(12,003,854,481) |
|
| Total Equity |
|
337,318,501,878 |
|
410,942,730,244 |
| Total Liabilities & Equity |
|
9,033,899,933,555 |
|
8,395,824,892,036 |
|
|
|
|
|
|
|
| Special Accounts |
|
|
|
|
| Accounts |
The 22th
period
2st Quarter |
The 21th Period |
| Amount |
Amount |
| I. Cash and Dues from Financial Institutions |
0 |
218,876,710,531 |
0 |
222,685,892,701 |
| 1. Cash |
0 |
0 |
0 |
0 |
| 2. Current Deposits |
0 |
0 |
0 |
0 |
| 3. Deposits on Demand |
1,334,199,214 |
0 |
1,125,359,440 |
0 |
| 4. Time Deposits |
212,500,000,000 |
0 |
191,400,000,000 |
0 |
| 5. Other Due from Financial Institutions |
4,972,291,317 |
0 |
28,635,273,261 |
0 |
| 6. Trust Accounts |
0 |
0 |
0 |
0 |
| 7. Margin |
70,220,000 |
0 |
1,525,260,000 |
0 |
| II. Marketable Securities |
0 |
0 |
0 |
0 |
| 1. Trading Securities |
0 |
2,653,776,291,411 |
0 |
2,268,022,288,786 |
| (1) Shares |
2,631,961,949,671 |
0 |
2,238,464,141,709 |
0 |
| (2) Loans |
384,026,390,985 |
0 |
361,883,025,390 |
0 |
| (3) Beneficiary Interest in Investment Funds |
1,067,705,796,079 |
0 |
851,702,200,185 |
0 |
| (4) Overseas Securities |
1,179,159,531,216 |
0 |
1,023,591,608,299 |
0 |
| (5) Other Marketable Securities |
1,070,231,391 |
0 |
1,287,307,835 |
0 |
| 2. Available-for-Sale Securities |
0 |
0 |
0 |
0 |
| (1) Shares |
11,746,361,490 |
0 |
9,402,106,205 |
0 |
| (2) Loans |
0 |
0 |
0 |
0 |
| (3) Beneficiary Interest in Investment Funds |
0 |
0 |
0 |
0 |
| (4) Overseas Securities |
11,746,361,490 |
0 |
9,402,106,205 |
0 |
| (5) Other Marketable Securities |
0 |
0 |
0 |
0 |
| 3. Securities Owned to Maturity |
0 |
0 |
0 |
0 |
| (1) Loans |
10,067,980,250 |
0 |
20,156,040,872 |
0 |
| (2) Beneficiary Interest in Investment Funds |
10,067,980,250 |
0 |
20,156,040,872 |
0 |
| (3) Overseas Securities |
0 |
0 |
0 |
0 |
| (4) Other Marketable Securities |
0 |
0 |
0 |
0 |
| III. Loans |
0 |
268,997,449,620 |
0 |
240,480,648,736 |
| (Provision for Bad Debts) |
-581,737,147 |
0 |
-475,319,009 |
0 |
| Current discounted value |
0 |
0 |
0 |
0 |
| 1. Call Loans |
174,000,000,000 |
0 |
164,100,000,000 |
0 |
| 2. Policy Loans |
37,059,558,000 |
0 |
27,239,130,000 |
0 |
| 3. Loans Secured by Securities |
0 |
0 |
0 |
0 |
| 4. Loans Secured by Real-estate |
0 |
0 |
0 |
0 |
| 5. Loans on Discounted Notes |
0 |
0 |
0 |
0 |
| 6. Unsecured Loans |
58,519,628,767 |
0 |
49,616,837,745 |
0 |
| 7. Loans on Acceptances and Guarantees |
0 |
0 |
0 |
0 |
| 8. Other Loans |
0 |
0 |
0 |
0 |
| IV. Tangible Assets |
0 |
0 |
0 |
0 |
| V. Other assets |
0 |
36,888,865,263 |
0 |
23,866,281,692 |
| 1. Non-trade Receivables |
11,088,866,728 |
0 |
4,001,691,649 |
0 |
| 2. Interest Receivable |
24,284,803,453 |
0 |
16,591,357,569 |
0 |
| 3. Dividends Receivable |
20,510,892 |
0 |
3,273,232,474 |
0 |
| 4. Advance Expenses |
0 |
0 |
0 |
0 |
| 5. Prepaid Withholding Tax |
1,494,684,190 |
0 |
0 |
0 |
| 6. Derivative Assets |
0 |
0 |
0 |
0 |
| 7. Miscellaneous |
0 |
0 |
0 |
0 |
| VI. General Account Debit |
0 |
112,839,737,660 |
0 |
83,154,193,975 |
| Total Assets |
0 |
3,291,379,054,485 |
0 |
2,838,209,305,890 |
| I. Other Liabilities |
0 |
52,117,035,699 |
0 |
61,982,242,980 |
| 1. Accounts Payable |
4,172,223,038 |
0 |
7,309,116,550 |
0 |
| 2. Accrued Expense |
4,798,665,054 |
0 |
3,164,139,344 |
0 |
| 3. Interest on Bank Overdrafts |
0 |
0 |
0 |
0 |
| 4. Borrowings |
0 |
0 |
0 |
0 |
| 5. Unearned Revenue |
72,483,354 |
0 |
32,380,823 |
0 |
| 6. Deposits |
0 |
0 |
0 |
0 |
| 7. Withholding Taxes Payable |
0 |
0 |
0 |
0 |
| 8. Futures and Options liabilities |
0 |
0 |
0 |
0 |
| 9. Miscellaneous |
43,073,664,253 |
0 |
51,476,606,263 |
0 |
| II. General Account Credit |
0 |
8,437,152,807 |
0 |
6,837,409,702 |
| Total Liabilities |
0 |
60,554,188,506 |
0 |
68,819,652,682 |
| III. Policyholder Reserves |
0 |
3,233,390,262,976 |
0 |
2,770,504,005,267 |
| 1. Premium Reserve |
3,244,851,395,409 |
0 |
2,763,749,307,556 |
0 |
| 2. Reserve for Participating Policyholders' Dividends |
5,499,586,157 |
0 |
6,737,238,700 |
0 |
| 3. Unallocated Divisible Surplus to Future Policyholders |
-15,819,825,313 |
0 |
17,459,011 |
0 |
| 4. Retained Earnings without Dividends |
-1,140,893,277 |
0 |
0 |
0 |
| Ⅳ. Accumulated Other Comprehensive Income |
0 |
-2,565,396,997 |
0 |
-1,114,352,059 |
| Total Liabilities & Reserves |
0 |
3,291,379,054,485 |
0 |
2,838,209,305,890 |
|
|
|
|
|
|
|
|
