China Life Insurance Co Ltd
F:CHL
Balance Sheet
Balance Sheet Decomposition
China Life Insurance Co Ltd
China Life Insurance Co Ltd
Balance Sheet
China Life Insurance Co Ltd
| Dec-2003 | Dec-2004 | Dec-2005 | Dec-2006 | Dec-2007 | Dec-2008 | Dec-2009 | Dec-2010 | Dec-2011 | Dec-2012 | Dec-2013 | Dec-2014 | Dec-2015 | Dec-2016 | Dec-2017 | Dec-2018 | Dec-2019 | Dec-2020 | Dec-2021 | Dec-2022 | Dec-2023 | Dec-2024 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||||||||||||||
| Cash & Cash Equivalents |
179 809
|
202 715
|
192 920
|
225 689
|
193 911
|
262 346
|
381 159
|
489 424
|
576 764
|
710 514
|
21 406
|
47 132
|
638 887
|
605 643
|
499 589
|
611 927
|
590 342
|
603 272
|
590 382
|
614 520
|
554 071
|
86 519
|
|
| Cash |
179 751
|
202 668
|
192 884
|
175 476
|
168 594
|
228 272
|
344 983
|
441 585
|
520 793
|
641 080
|
17 228
|
32 582
|
594 229
|
575 075
|
476 956
|
590 122
|
565 777
|
581 900
|
585 307
|
571 212
|
507 269
|
81 600
|
|
| Cash Equivalents |
58
|
47
|
36
|
50 213
|
25 317
|
34 074
|
36 176
|
47 839
|
55 971
|
69 434
|
4 178
|
14 550
|
44 658
|
30 568
|
22 633
|
21 805
|
24 565
|
21 372
|
5 075
|
43 308
|
46 802
|
4 919
|
|
| Total Receivables |
9 428
|
8 740
|
7 979
|
10 047
|
11 580
|
14 584
|
16 091
|
21 347
|
26 852
|
38 473
|
46 246
|
54 614
|
14 488
|
12 136
|
22 078
|
18 601
|
19 595
|
14 988
|
25 670
|
13 409
|
17 469
|
0
|
|
| Insurance Receivable |
2 773
|
3 872
|
4 784
|
5 860
|
6 290
|
6 596
|
6 835
|
7 296
|
8 280
|
8 773
|
9 918
|
11 186
|
11 950
|
13 544
|
14 185
|
16 379
|
18 089
|
21 865
|
20 846
|
21 130
|
22 932
|
0
|
|
| Other Current Assets |
86
|
51
|
32
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
340
|
332
|
403
|
517
|
698
|
931
|
1 120
|
1 062
|
822
|
525
|
473
|
441
|
|
| Total Current Assets |
9 514
|
8 791
|
8 011
|
10 047
|
11 580
|
14 584
|
16 091
|
21 347
|
26 852
|
38 473
|
46 586
|
54 946
|
14 891
|
12 653
|
22 776
|
19 532
|
20 715
|
16 050
|
26 492
|
13 934
|
17 942
|
441
|
|
| PP&E Net |
13 321
|
13 539
|
14 005
|
13 669
|
15 332
|
16 272
|
17 047
|
18 578
|
19 912
|
21 991
|
23 085
|
25 045
|
26 608
|
29 904
|
42 080
|
46 467
|
54 240
|
54 846
|
57 388
|
55 887
|
54 774
|
55 221
|
|
| PP&E Gross |
13 321
|
13 539
|
14 005
|
13 669
|
15 332
|
16 272
|
17 047
|
18 578
|
19 912
|
21 991
|
23 085
|
25 045
|
26 608
|
29 904
|
42 080
|
46 467
|
54 240
|
54 846
|
57 388
|
55 887
|
54 774
|
55 221
|
|
| Accumulated Depreciation |
2 677
|
3 317
|
4 087
|
4 564
|
5 349
|
6 094
|
7 042
|
8 141
|
9 270
|
10 195
|
11 167
|
12 133
|
13 213
|
14 267
|
15 349
|
16 694
|
19 328
|
21 789
|
24 304
|
26 448
|
28 776
|
30 982
|
|
| Intangible Assets |
295
|
315
|
328
|
2 323
|
2 660
|
2 763
|
3 402
|
3 726
|
6 564
|
6 498
|
6 388
|
6 350
|
6 193
|
6 062
|
6 406
|
8 119
|
8 070
|
8 335
|
8 507
|
8 532
|
8 369
|
8 262
|
|
| Note Receivable |
0
|
0
|
0
|
2 371
|
5 944
|
8 676
|
13 831
|
23 977
|
32 321
|
39 893
|
118 626
|
166 453
|
207 267
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Long-Term Investments |
96 759
|
174 145
|
295 413
|
459 462
|
651 031
|
668 106
|
779 420
|
837 499
|
904 122
|
1 063 234
|
1 073 160
|
1 235 450
|
1 482 488
|
1 961 340
|
2 248 803
|
2 487 530
|
2 977 825
|
3 486 819
|
4 120 133
|
4 445 489
|
4 851 826
|
6 080 520
|
|
| Other Long-Term Assets |
184
|
77
|
603
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
664 174
|
690 156
|
0
|
0
|
0
|
1 257
|
128
|
87
|
121
|
22 307
|
480 179
|
478 481
|
|
| Other Assets |
4 172
|
4 284
|
5 740
|
7 664
|
7 856
|
8 150
|
8 472
|
8 732
|
9 092
|
9 540
|
9 598
|
9 849
|
60 031
|
67 805
|
63 752
|
63 192
|
57 325
|
61 136
|
68 611
|
70 185
|
107 586
|
60 102
|
|
| Total Assets |
306 827
N/A
|
407 738
+33%
|
521 804
+28%
|
727 085
+39%
|
894 604
+23%
|
987 493
+10%
|
1 226 257
+24%
|
1 410 579
+15%
|
1 583 907
+12%
|
1 898 916
+20%
|
1 972 941
+4%
|
2 246 567
+14%
|
2 448 315
+9%
|
2 696 951
+10%
|
2 897 591
+7%
|
3 254 403
+12%
|
3 726 734
+15%
|
4 252 410
+14%
|
4 892 480
+15%
|
5 251 984
+7%
|
5 653 727
+8%
|
6 769 546
+20%
|
|
| Liabilities | |||||||||||||||||||||||
| Insurance Policy Liabilities |
240 814
|
340 221
|
446 371
|
594 834
|
690 489
|
787 525
|
979 381
|
1 172 510
|
1 340 547
|
1 580 875
|
1 652 835
|
1 822 236
|
1 969 507
|
2 251 972
|
2 474 462
|
2 799 357
|
3 103 057
|
3 562 263
|
4 155 514
|
4 562 362
|
5 076 067
|
5 976 750
|
|
| Accrued Liabilities |
994
|
1 016
|
933
|
1 951
|
3 263
|
3 652
|
4 447
|
4 972
|
4 776
|
4 876
|
10 762
|
12 144
|
13 777
|
16 948
|
20 808
|
23 669
|
27 938
|
29 797
|
32 742
|
33 732
|
9 173
|
11 744
|
|
| Short-Term Debt |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
731
|
780
|
993
|
1 115
|
1 641
|
1 476
|
0
|
0
|
65
|
|
| Current Portion of Long-Term Debt |
77
|
35
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Other Current Liabilities |
9 056
|
6 244
|
6 568
|
6 034
|
15 559
|
8 918
|
10 408
|
7 501
|
9 270
|
8 173
|
12 467
|
22 227
|
48 280
|
53 680
|
47 325
|
77 702
|
106 981
|
119 117
|
141 355
|
148 727
|
151 663
|
143 236
|
|
| Total Current Liabilities |
10 127
|
7 295
|
7 501
|
7 985
|
18 822
|
12 570
|
14 855
|
12 473
|
14 046
|
13 049
|
23 229
|
34 371
|
62 057
|
71 359
|
68 913
|
102 364
|
136 034
|
150 555
|
175 573
|
182 459
|
160 836
|
155 045
|
|
| Long-Term Debt |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
29 990
|
67 981
|
67 985
|
81 502
|
70 637
|
53 437
|
18 014
|
19 157
|
57 011
|
55 571
|
54 922
|
49 340
|
48 973
|
49 205
|
|
| Deferred Income Tax |
0
|
0
|
0
|
7 148
|
13 024
|
10 344
|
16 361
|
11 776
|
1 454
|
7 834
|
4 919
|
19 375
|
16 953
|
7 768
|
4 871
|
0
|
10 330
|
15 286
|
7 481
|
272
|
1 549
|
147
|
|
| Minority Interest |
320
|
372
|
421
|
540
|
876
|
924
|
1 704
|
1 765
|
1 858
|
2 016
|
2 254
|
3 210
|
3 722
|
4 027
|
4 377
|
4 919
|
5 578
|
6 880
|
8 073
|
8 952
|
9 932
|
11 573
|
|
| Other Liabilities |
985
|
2 350
|
4 560
|
1 021
|
1 180
|
2 183
|
2 884
|
3 345
|
4 482
|
6 076
|
1 388
|
1 752
|
2 947
|
4 767
|
6 021
|
10 235
|
10 960
|
11 804
|
11 856
|
12 430
|
28 586
|
67 151
|
|
| Total Liabilities |
252 246
N/A
|
350 238
+39%
|
458 853
+31%
|
611 528
+33%
|
724 391
+18%
|
813 546
+12%
|
1 015 185
+25%
|
1 201 869
+18%
|
1 392 377
+16%
|
1 677 831
+21%
|
1 752 610
+4%
|
1 962 446
+12%
|
2 125 823
+8%
|
2 393 330
+13%
|
2 576 658
+8%
|
2 936 032
+14%
|
3 322 970
+13%
|
3 802 359
+14%
|
4 413 419
+16%
|
4 815 815
+9%
|
5 325 943
+11%
|
6 259 871
+18%
|
|
| Equity | |||||||||||||||||||||||
| Common Stock |
26 765
|
26 765
|
26 765
|
28 265
|
28 265
|
28 265
|
28 265
|
28 265
|
28 265
|
28 265
|
28 265
|
28 265
|
28 265
|
28 265
|
28 265
|
28 265
|
28 265
|
28 265
|
28 265
|
28 265
|
28 265
|
28 265
|
|
| Retained Earnings |
265
|
3 184
|
8 640
|
20 420
|
44 579
|
81 766
|
108 146
|
121 987
|
129 012
|
133 572
|
154 380
|
178 112
|
201 320
|
208 190
|
233 279
|
232 984
|
283 536
|
312 970
|
345 493
|
359 277
|
433 633
|
559 221
|
|
| Additional Paid In Capital |
27 551
|
27 551
|
27 551
|
66 872
|
97 369
|
63 917
|
74 662
|
58 460
|
34 256
|
59 251
|
53 852
|
54 678
|
54 974
|
55 007
|
55 142
|
54 945
|
55 009
|
53 954
|
55 004
|
53 554
|
53 934
|
54 158
|
|
| Unrealized Security Profit/Loss |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
51 553
|
3 076
|
11 337
|
0
|
|
| Other Equity |
0
|
0
|
5
|
0
|
0
|
1
|
1
|
2
|
3
|
3
|
16 166
|
23 066
|
37 933
|
12 159
|
4 247
|
2 177
|
36 954
|
54 862
|
1 254
|
1 851
|
188 048
|
131 969
|
|
| Total Equity |
54 581
N/A
|
57 500
+5%
|
62 951
+9%
|
115 557
+84%
|
170 213
+47%
|
173 947
+2%
|
211 072
+21%
|
208 710
-1%
|
191 530
-8%
|
221 085
+15%
|
220 331
0%
|
284 121
+29%
|
322 492
+14%
|
303 621
-6%
|
320 933
+6%
|
318 371
-1%
|
403 764
+27%
|
450 051
+11%
|
479 061
+6%
|
436 169
-9%
|
327 784
-25%
|
509 675
+55%
|
|
| Total Liabilities & Equity |
306 827
N/A
|
407 738
+33%
|
521 804
+28%
|
727 085
+39%
|
894 604
+23%
|
987 493
+10%
|
1 226 257
+24%
|
1 410 579
+15%
|
1 583 907
+12%
|
1 898 916
+20%
|
1 972 941
+4%
|
2 246 567
+14%
|
2 448 315
+9%
|
2 696 951
+10%
|
2 897 591
+7%
|
3 254 403
+12%
|
3 726 734
+15%
|
4 252 410
+14%
|
4 892 480
+15%
|
5 251 984
+7%
|
5 653 727
+8%
|
6 769 546
+20%
|
|
| Shares Outstanding | |||||||||||||||||||||||
| Common Shares Outstanding |
28 265
|
28 265
|
28 265
|
28 265
|
28 265
|
28 265
|
28 265
|
28 265
|
28 265
|
28 265
|
28 265
|
28 265
|
28 266
|
28 266
|
28 266
|
28 266
|
28 266
|
28 266
|
28 266
|
28 266
|
28 266
|
28 266
|
|