Lotte Non-Life Insurance Co Ltd
KRX:000400
Income Statement
Income Statement
Lotte Non-Life Insurance Co Ltd
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Gross Premiums Earned |
2 303 063
|
2 231 582
|
2 274 849
|
2 262 863
|
2 302 807
|
2 376 046
|
2 417 720
|
2 504 453
|
2 553 494
|
2 602 769
|
2 651 879
|
2 674 258
|
2 705 042
|
2 760 476
|
2 840 937
|
2 897 659
|
2 894 231
|
2 979 480
|
3 123 637
|
3 133 722
|
3 117 460
|
3 268 464
|
3 259 783
|
3 431 777
|
3 222 258
|
3 937 835
|
3 828 407
|
3 604 964
|
3 652 743
|
3 069 095
|
3 133 423
|
3 255 588
|
3 162 543
|
3 261 388
|
3 307 705
|
3 680 706
|
1 418 434
|
2 945 577
|
2 435 024
|
1 538 470
|
1 491 824
|
|
Revenue |
2 446 112
N/A
|
2 383 807
-3%
|
2 433 627
+2%
|
2 419 225
-1%
|
2 462 841
+2%
|
2 550 978
+4%
|
2 588 256
+1%
|
2 658 439
+3%
|
2 721 359
+2%
|
2 801 548
+3%
|
2 866 477
+2%
|
2 966 243
+3%
|
2 895 195
-2%
|
3 040 506
+5%
|
3 097 785
+2%
|
3 111 071
+0%
|
3 297 822
+6%
|
3 288 765
0%
|
3 385 231
+3%
|
3 422 803
+1%
|
3 318 256
-3%
|
3 441 831
+4%
|
3 489 793
+1%
|
3 589 139
+3%
|
3 448 106
-4%
|
4 128 605
+20%
|
4 052 155
-2%
|
3 906 870
-4%
|
3 817 676
-2%
|
3 247 109
-15%
|
3 283 636
+1%
|
3 314 757
+1%
|
3 343 215
+1%
|
3 395 519
+2%
|
3 366 814
-1%
|
3 607 791
+7%
|
1 284 615
-64%
|
3 144 659
+145%
|
2 734 799
-13%
|
1 901 449
-30%
|
1 755 972
-8%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(2 446 016)
|
(2 383 049)
|
(2 427 815)
|
(2 408 282)
|
(2 457 095)
|
(2 529 376)
|
(2 574 249)
|
(2 671 411)
|
(2 734 994)
|
(2 781 173)
|
(2 821 637)
|
(2 873 309)
|
(2 889 265)
|
(3 049 475)
|
(3 088 456)
|
(3 098 491)
|
(3 010 707)
|
(3 181 181)
|
(3 273 094)
|
(3 305 082)
|
(3 246 675)
|
(3 300 458)
|
(3 356 071)
|
(3 489 704)
|
(3 563 794)
|
(4 154 265)
|
(4 068 160)
|
(3 906 231)
|
(3 808 350)
|
(3 258 391)
|
(3 310 201)
|
(3 313 691)
|
(3 267 993)
|
(3 267 524)
|
(3 224 333)
|
(3 483 186)
|
(1 287 797)
|
(3 142 402)
|
(2 655 457)
|
(1 544 679)
|
(1 077 947)
|
|
Selling, General & Administrative |
(267 478)
|
(276 502)
|
(273 495)
|
(268 967)
|
(270 151)
|
(265 836)
|
(265 629)
|
(269 060)
|
(268 745)
|
(272 324)
|
(272 816)
|
(275 845)
|
(278 897)
|
(281 948)
|
(290 370)
|
(300 467)
|
(317 145)
|
(325 625)
|
(336 863)
|
(343 161)
|
(353 156)
|
(351 960)
|
(355 981)
|
(360 273)
|
(426 716)
|
(414 376)
|
(393 523)
|
(375 047)
|
(292 863)
|
(295 022)
|
(305 371)
|
(297 790)
|
(295 252)
|
(277 878)
|
(257 143)
|
(257 100)
|
(27 117)
|
(205 738)
|
(151 492)
|
(110 404)
|
(60 224)
|
|
Depreciation & Amortization |
(4 243)
|
(6 063)
|
(7 045)
|
(7 371)
|
(7 396)
|
(7 317)
|
(7 152)
|
(7 025)
|
(6 968)
|
(6 872)
|
(6 902)
|
(7 018)
|
(7 172)
|
(7 537)
|
(7 276)
|
(7 226)
|
(7 546)
|
(5 084)
|
(5 546)
|
(5 877)
|
(8 275)
|
(7 850)
|
(9 108)
|
(10 946)
|
(17 665)
|
(19 545)
|
(22 742)
|
(24 150)
|
(21 682)
|
(21 537)
|
(21 053)
|
(21 554)
|
(23 618)
|
(23 933)
|
(24 694)
|
(25 225)
|
(12 060)
|
0
|
0
|
0
|
(21 673)
|
|
Benefits Claims Loss Adjustment |
(1 996 143)
|
(1 921 385)
|
(1 963 599)
|
(1 950 919)
|
(1 996 658)
|
(2 065 580)
|
(2 102 189)
|
(2 165 618)
|
(2 220 574)
|
(2 237 267)
|
(2 268 476)
|
(2 307 571)
|
(2 294 649)
|
(2 320 789)
|
(2 334 153)
|
(2 323 902)
|
(2 267 038)
|
(2 300 566)
|
(2 324 739)
|
(2 342 182)
|
(2 376 189)
|
(2 362 544)
|
(2 417 738)
|
(2 506 822)
|
(2 581 100)
|
(3 114 697)
|
(3 027 488)
|
(2 890 845)
|
(2 814 934)
|
(2 267 605)
|
(2 302 191)
|
(2 312 273)
|
(2 397 658)
|
(2 385 970)
|
(2 333 065)
|
(2 508 155)
|
(1 245 390)
|
(2 336 103)
|
(2 102 271)
|
(1 261 309)
|
(987 511)
|
|
Policy Acquisition Expense |
(143 513)
|
(145 570)
|
(145 519)
|
(142 834)
|
(138 244)
|
(134 543)
|
(133 180)
|
(132 613)
|
(144 213)
|
(143 083)
|
(141 096)
|
(138 559)
|
(159 562)
|
(155 163)
|
(173 636)
|
(180 986)
|
(155 845)
|
(177 318)
|
(160 484)
|
(165 252)
|
(170 390)
|
(165 871)
|
(166 954)
|
(165 485)
|
(165 187)
|
(173 478)
|
(195 860)
|
(212 137)
|
(231 714)
|
(227 847)
|
(223 679)
|
(213 193)
|
(192 647)
|
(201 039)
|
(219 188)
|
(261 763)
|
(312 495)
|
0
|
0
|
0
|
0
|
|
Other Operating Expenses |
(34 639)
|
(33 527)
|
(38 157)
|
(38 189)
|
(44 647)
|
(56 100)
|
(66 099)
|
(97 095)
|
(94 494)
|
(121 625)
|
(132 345)
|
(144 316)
|
(148 985)
|
(284 038)
|
(283 023)
|
(285 911)
|
(263 132)
|
(372 588)
|
(445 462)
|
(448 610)
|
(338 665)
|
(412 234)
|
(406 291)
|
(446 179)
|
(373 126)
|
(432 171)
|
(428 547)
|
(404 053)
|
(447 156)
|
(446 380)
|
(457 906)
|
(468 881)
|
(358 817)
|
(378 704)
|
(390 244)
|
(430 942)
|
309 265
|
(600 562)
|
(401 693)
|
(172 965)
|
(8 539)
|
|
Operating Income |
96
N/A
|
759
+691%
|
5 814
+666%
|
10 944
+88%
|
5 746
-47%
|
21 602
+276%
|
14 006
-35%
|
(12 973)
N/A
|
(13 635)
-5%
|
20 373
N/A
|
44 838
+120%
|
92 933
+107%
|
5 930
-94%
|
(8 969)
N/A
|
9 329
N/A
|
12 579
+35%
|
287 115
+2 182%
|
107 582
-63%
|
112 135
+4%
|
117 720
+5%
|
71 581
-39%
|
141 373
+98%
|
133 723
-5%
|
99 436
-26%
|
(115 688)
N/A
|
(25 659)
+78%
|
(16 005)
+38%
|
639
N/A
|
9 326
+1 359%
|
(11 282)
N/A
|
(26 565)
-135%
|
1 066
N/A
|
75 222
+6 956%
|
127 995
+70%
|
142 481
+11%
|
124 605
-13%
|
(3 182)
N/A
|
2 257
N/A
|
79 343
+3 416%
|
356 770
+350%
|
678 024
+90%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(3 703)
|
(4 150)
|
(7 779)
|
(8 199)
|
2 468
|
(3 373)
|
11 506
|
42 702
|
25 256
|
2 514
|
(5 967)
|
(79 795)
|
31 614
|
53 330
|
50 315
|
92 575
|
(170 927)
|
(9 233)
|
(10 575)
|
(12 513)
|
49 698
|
(14 888)
|
(15 550)
|
(15 616)
|
44 748
|
(16 132)
|
(17 202)
|
(18 744)
|
(40 338)
|
(20 561)
|
(21 046)
|
(21 121)
|
54 182
|
(21 194)
|
(20 480)
|
(20 485)
|
(122 213)
|
(34 479)
|
(114 084)
|
(172 373)
|
(282 274)
|
|
Non-Reccuring Items |
(124)
|
(124)
|
(887)
|
(1 000)
|
(1 228)
|
0
|
0
|
0
|
0
|
0
|
(4 708)
|
(2 688)
|
(1 729)
|
(236)
|
(1 298)
|
(7 463)
|
(15 126)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(61)
|
0
|
0
|
0
|
0
|
|
Total Other Income |
(196)
|
(202)
|
(258)
|
(5)
|
50
|
158
|
196
|
1 219
|
1 126
|
1 327
|
1 448
|
757
|
781
|
836
|
768
|
(8)
|
196
|
(372)
|
(244)
|
(208)
|
(178)
|
(622)
|
(964)
|
(987)
|
(1 037)
|
(3 434)
|
(3 766)
|
(2 391)
|
(1 528)
|
29 131
|
29 708
|
29 815
|
27 084
|
(2 392)
|
(4 019)
|
(6 294)
|
(6 274)
|
(7 382)
|
(5 394)
|
(5 021)
|
(1 411)
|
|
Pre-Tax Income |
(3 927)
N/A
|
(3 716)
+5%
|
(3 110)
+16%
|
1 739
N/A
|
7 037
+305%
|
18 385
+161%
|
25 707
+40%
|
30 947
+20%
|
12 747
-59%
|
24 215
+90%
|
35 613
+47%
|
11 208
-69%
|
36 597
+227%
|
44 960
+23%
|
59 113
+31%
|
97 684
+65%
|
101 258
+4%
|
97 979
-3%
|
101 317
+3%
|
104 999
+4%
|
121 101
+15%
|
125 862
+4%
|
117 207
-7%
|
82 831
-29%
|
(71 977)
N/A
|
(45 227)
+37%
|
(36 974)
+18%
|
(20 498)
+45%
|
(32 539)
-59%
|
(2 712)
+92%
|
(17 904)
-560%
|
9 761
N/A
|
156 488
+1 503%
|
104 409
-33%
|
117 983
+13%
|
97 826
-17%
|
(131 731)
N/A
|
(39 604)
+70%
|
(40 135)
-1%
|
179 376
N/A
|
394 339
+120%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
1 407
|
(168)
|
(180)
|
(1 178)
|
(4 487)
|
(5 291)
|
(6 535)
|
(7 721)
|
(2 867)
|
(5 551)
|
(8 359)
|
(3 269)
|
(7 543)
|
(9 338)
|
(12 644)
|
(24 499)
|
(26 612)
|
(26 686)
|
(28 565)
|
(25 636)
|
(29 787)
|
(30 800)
|
(26 970)
|
(18 945)
|
20 810
|
13 892
|
9 262
|
5 661
|
8 324
|
2 701
|
7 135
|
498
|
(36 610)
|
(24 580)
|
(27 379)
|
(23 004)
|
32 528
|
10 136
|
10 853
|
(39 812)
|
(92 703)
|
|
Income from Continuing Operations |
(2 520)
|
(3 884)
|
(3 289)
|
561
|
2 550
|
13 095
|
19 172
|
23 226
|
9 881
|
18 664
|
27 254
|
7 940
|
29 054
|
35 622
|
46 469
|
73 185
|
74 646
|
71 294
|
72 753
|
79 364
|
91 314
|
95 062
|
90 237
|
63 886
|
(51 167)
|
(31 334)
|
(27 711)
|
(14 835)
|
(24 215)
|
(12)
|
(10 769)
|
10 258
|
119 878
|
79 829
|
90 604
|
74 822
|
(99 202)
|
(29 468)
|
(29 282)
|
139 564
|
301 636
|
|
Net Income (Common) |
(2 520)
N/A
|
(3 884)
-54%
|
(3 289)
+15%
|
561
N/A
|
2 550
+355%
|
13 095
+414%
|
19 172
+46%
|
23 226
+21%
|
9 881
-57%
|
18 664
+89%
|
27 254
+46%
|
7 940
-71%
|
29 054
+266%
|
34 933
+20%
|
45 091
+29%
|
71 118
+58%
|
71 890
+1%
|
68 538
-5%
|
69 997
+2%
|
76 608
+9%
|
88 558
+16%
|
92 306
+4%
|
87 481
-5%
|
61 130
-30%
|
(53 923)
N/A
|
(34 090)
+37%
|
(30 467)
+11%
|
(17 591)
+42%
|
(26 971)
-53%
|
(2 768)
+90%
|
(13 525)
-389%
|
7 502
N/A
|
117 139
+1 461%
|
76 996
-34%
|
87 679
+14%
|
71 804
-18%
|
(102 330)
N/A
|
(32 596)
+68%
|
(32 410)
+1%
|
136 436
N/A
|
298 508
+119%
|
|
EPS (Diluted) |
-31.89
N/A
|
-49.16
-54%
|
-41.63
+15%
|
7.1
N/A
|
32.27
+355%
|
165.75
+414%
|
128.67
-22%
|
174.63
+36%
|
95.93
-45%
|
140.33
+46%
|
204.92
+46%
|
59.69
-71%
|
218.45
+266%
|
262.65
+20%
|
334
+27%
|
534.72
+60%
|
540.52
+1%
|
515.32
-5%
|
518.49
+1%
|
576
+11%
|
665.84
+16%
|
694.03
+4%
|
657.75
-5%
|
459.62
-30%
|
-324.83
N/A
|
-110.32
+66%
|
-98.59
+11%
|
-56.92
+42%
|
-87.28
-53%
|
-8.96
+90%
|
-43.76
-388%
|
24.27
N/A
|
378.95
+1 461%
|
249.09
-34%
|
283.65
+14%
|
232.29
-18%
|
-331.05
N/A
|
-105.45
+68%
|
-104.85
+1%
|
441.38
N/A
|
965.7
+119%
|