| Unit: NTD thousands |
| ASSETS |
December 31, 2022 |
December 31, 2021 |
| Cash (Notes 4 and 6) |
$1,335,225 |
$1,665,303 |
| Receivables |
|
|
| Notes receivable - Net (Notes 4, 12 and 38) |
178,270 |
181,581 |
| Premiums receivable - Net (Notes 4, 12, 31 and 38) |
20,454 |
146,352 |
| Other receivables (Notes 4 and 12) |
42,778 |
31,458 |
| Total receivables |
241,502 |
359,391 |
| Investment |
|
|
| Financial assets at fair value through profit and loss (Notes 4 and 7) |
1,272,653 |
1,325,550 |
| Financial assets carried at cost after amortization (Notes 4, 9 and 10) |
2,438,062 |
2,122,227 |
| Other financial assets (Notes 4, 6 and 11) |
5,364,917 |
4,325,352 |
| Financial assets at fair value through other comprehensive income (Notes 4, 8 and 10) |
2,585,030 |
2,696,464 |
| Investment properties (Notes 4 and 13) |
892,381 |
898,209 |
Total investment |
12,548,364 |
11,361,974 |
| Reinsurance Contracts Assets |
|
|
| Claims recoverable from reinsurers - Net (Notes 4, 12, 14 and 38) |
116,500 |
126,775 |
| Reinsurance accounts receivable - Net (Notes 4, 12, 14 and 38) |
112,332 |
130,202 |
| Reinsurance reserve assets (Notes 4, 14 and 38) |
2,016,321 |
1,848,839 |
| Total reinsurance contract assets |
2,245,153 |
2,105,816 |
| Property, plant, and equipment (Notes 4 and 15) |
658,434 |
668,397 |
| Right-of-use asset (Notes 4 and 16) |
5,064 |
4,659 |
| Intangible assets (Notes 4 and 17) |
39,759 |
42,894 |
| Deferred income tax assets (Notes 4 and 26) |
26,166 |
43,987 |
| Other assets |
|
|
| Guarantee deposits paid (Notes 8 and 18) |
525,331 |
580,355 |
| Other assets - Others (Note 19) |
28,682 |
28,283 |
| Total other assets |
554,013 |
608,638 |
TOTAL ASSETS |
$17,653,680 |
$16,861,059 |
| Liabilities and equity |
|
|
| Payables |
|
|
| Notes payable |
$7,691 |
$6,008 |
| Insurance claims and benefits payable (Notes 4 and 38) |
- |
16,560 |
| Commission payable (Notes 4 and 38) |
114,403 |
118,487 |
| Reinsurance accounts payable (Notes 4 and 38) |
309,253 |
300,595 |
| Other payables (Note 20) |
188,899 |
194,113 |
| Total payables |
620,246 |
635,763 |
| Current income tax liabilities (Note 4) |
49,808 |
51,259 |
| Lease liabilities (Notes 4 and 16) |
5,128 |
4,726 |
| Insurance liabilities (Notes 4, 5, 21 and 38) |
|
|
| Unearned premium reserve |
4,145,536 |
4,011,338 |
| Claim reserve |
3,198,094 |
2,813,193 |
| Special reserve |
1,826,863 |
1,750,650 |
| Deficiency reserve |
1,017 |
587 |
| Total insurance liabilities |
9,171,510 |
8,575,768 |
| Provision for employee benefits (Notes 4 and 22) |
51,829 |
121,210 |
| Deferred income tax liabilities (Notes 4 and 26) |
108,291 |
92,934 |
| Other liabilities |
|
|
| Guarantee deposits received |
14,524 |
14,186 |
| Other liabilities - Others (Note 23) |
69,810 |
93,795 |
| Total other liabilities |
84,334 |
107,981 |
| Total liabilities |
10,091,146 |
9,589,641 |
| Share capital (Note 24) |
3,011,638 |
3,011,638 |
| Retained earnings (Note 24) |
|
|
| Legal reserve |
1,580,672 |
1,433,870 |
| Special reserve |
2,359,679 |
2,140,240 |
| Undistributed earnings |
324,592 |
512,615 |
| Total retained earnings |
4,264,943 |
4,086,725 |
| Other equity items (Note 24) |
285,953 |
173,055 |
| Total equity |
7,562,534 |
7,271,418 |
TOTAL LIABILITIES & EQUITY |
$17,653,680 |
$16,861,059 |
