Mirae Asset Life Insurance Co Ltd
KRX:085620
Income Statement
Income Statement
Mirae Asset Life Insurance Co Ltd
| 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 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
20 700
|
19 957
|
20 601
|
21 329
|
22 720
|
23 023
|
23 972
|
19 662
|
14 630
|
9 767
|
5 206
|
5 267
|
5 329
|
5 615
|
5 471
|
5 320
|
4 782
|
5 653
|
6 998
|
8 281
|
9 957
|
9 964
|
9 884
|
9 825
|
9 761
|
9 741
|
11 945
|
15 018
|
18 073
|
44 550
|
45 440
|
45 362
|
22 322
|
71 648
|
71 447
|
71 352
|
20 955
|
18 779
|
16 704
|
14 614
|
13 302
|
0
|
0
|
0
|
|
| Gross Premiums Earned |
2 924 709
|
2 968 886
|
3 017 416
|
3 151 595
|
3 169 201
|
3 213 260
|
3 149 507
|
3 039 839
|
2 978 040
|
2 939 305
|
2 964 982
|
2 984 591
|
3 019 751
|
3 004 807
|
2 996 549
|
2 899 875
|
2 777 951
|
2 701 829
|
2 620 791
|
2 591 737
|
2 550 600
|
2 551 399
|
2 527 810
|
2 519 280
|
2 533 723
|
2 533 259
|
2 537 573
|
2 545 764
|
2 472 157
|
2 457 499
|
1 891 725
|
1 882 474
|
109 321
|
1 508 831
|
1 479 238
|
872 970
|
95 587
|
94 077
|
98 590
|
98 407
|
102 293
|
87 019
|
84 308
|
85 489
|
|
| Revenue |
3 536 775
N/A
|
3 582 401
+1%
|
3 442 117
-4%
|
3 550 960
+3%
|
3 742 897
+5%
|
3 811 760
+2%
|
3 822 973
+0%
|
4 059 783
+6%
|
3 493 190
-14%
|
3 708 695
+6%
|
3 669 842
-1%
|
3 430 091
-7%
|
4 182 699
+22%
|
3 843 621
-8%
|
3 774 247
-2%
|
3 696 343
-2%
|
3 315 852
-10%
|
3 198 012
-4%
|
3 230 566
+1%
|
3 140 204
-3%
|
3 105 353
-1%
|
3 097 843
0%
|
3 142 238
+1%
|
3 262 100
+4%
|
3 320 237
+2%
|
3 301 900
-1%
|
3 327 465
+1%
|
3 181 439
-4%
|
3 026 597
-5%
|
3 041 950
+1%
|
2 305 254
-24%
|
2 172 852
-6%
|
775 666
-64%
|
1 978 930
+155%
|
2 133 233
+8%
|
1 776 585
-17%
|
1 037 403
-42%
|
984 732
-5%
|
914 424
-7%
|
1 048 286
+15%
|
815 457
-22%
|
886 738
+9%
|
1 251 713
+41%
|
1 236 487
-1%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(3 429 053)
|
(3 487 995)
|
(3 526 123)
|
(3 674 104)
|
(3 666 920)
|
(3 700 837)
|
(3 641 738)
|
(3 535 842)
|
(3 520 235)
|
(3 475 554)
|
(3 506 496)
|
(3 525 629)
|
(3 552 911)
|
(3 517 193)
|
(3 490 918)
|
(3 365 566)
|
(3 273 268)
|
(3 205 309)
|
(3 142 450)
|
(3 144 290)
|
(3 043 454)
|
(3 115 814)
|
(3 053 224)
|
(3 017 102)
|
(2 999 309)
|
(2 982 919)
|
(3 032 966)
|
(3 085 682)
|
(3 081 030)
|
(3 028 699)
|
(2 525 765)
|
(2 497 101)
|
(991 088)
|
(1 960 689)
|
(1 973 986)
|
(1 472 129)
|
(1 024 354)
|
(1 052 835)
|
(1 053 578)
|
(1 041 448)
|
(1 088 337)
|
(1 053 967)
|
(1 069 980)
|
(1 108 430)
|
|
| Selling, General & Administrative |
(265 276)
|
(269 502)
|
(276 043)
|
(297 363)
|
(301 710)
|
(324 065)
|
(331 511)
|
(333 066)
|
(357 245)
|
(352 752)
|
(377 602)
|
(400 539)
|
(406 655)
|
(425 584)
|
(420 451)
|
(398 384)
|
(415 364)
|
(397 765)
|
(393 772)
|
(400 937)
|
(357 928)
|
(370 837)
|
(373 554)
|
(387 299)
|
(399 244)
|
(418 855)
|
(446 053)
|
(461 661)
|
(495 688)
|
(464 900)
|
(347 988)
|
(338 709)
|
(21 039)
|
(261 497)
|
(262 085)
|
(154 574)
|
(21 273)
|
(21 171)
|
(20 509)
|
(19 643)
|
(19 855)
|
(19 766)
|
(20 437)
|
(21 094)
|
|
| Depreciation & Amortization |
(11 945)
|
(4 889)
|
(5 223)
|
(6 151)
|
(14 345)
|
(11 266)
|
(14 281)
|
(16 413)
|
(17 408)
|
(17 432)
|
(30 604)
|
(63 626)
|
(70 434)
|
(86 967)
|
(88 129)
|
(68 048)
|
(71 181)
|
(55 809)
|
(42 293)
|
(30 183)
|
(62 510)
|
(29 885)
|
(37 596)
|
(45 244)
|
(51 472)
|
(50 200)
|
(49 349)
|
(48 298)
|
(47 827)
|
(47 800)
|
(39 468)
|
(38 742)
|
(14 720)
|
(30 928)
|
(30 472)
|
(23 085)
|
(13 914)
|
(14 036)
|
(14 378)
|
(14 489)
|
(14 546)
|
(14 596)
|
(14 716)
|
(15 042)
|
|
| Benefits Claims Loss Adjustment |
(2 782 325)
|
(2 797 729)
|
(2 818 708)
|
(2 918 679)
|
(2 932 478)
|
(2 926 341)
|
(2 875 309)
|
(2 741 640)
|
(2 670 384)
|
(2 612 187)
|
(2 619 438)
|
(2 649 379)
|
(2 671 496)
|
(2 656 295)
|
(2 604 260)
|
(2 519 913)
|
(2 423 554)
|
(2 356 948)
|
(2 295 774)
|
(2 262 762)
|
(2 266 093)
|
(2 259 483)
|
(2 214 363)
|
(2 184 403)
|
(2 132 580)
|
(2 105 331)
|
(2 119 309)
|
(2 129 189)
|
(2 081 627)
|
(2 083 808)
|
(1 781 507)
|
(1 764 445)
|
(859 608)
|
(1 418 843)
|
(1 399 964)
|
(1 092 525)
|
(786 732)
|
(824 998)
|
(832 730)
|
(838 985)
|
(881 459)
|
(880 441)
|
(902 773)
|
(930 273)
|
|
| Policy Acquisition Expense |
(292 104)
|
(281 193)
|
(271 735)
|
(266 116)
|
(263 871)
|
(259 388)
|
(257 707)
|
(258 889)
|
(261 809)
|
(259 344)
|
(253 928)
|
(246 977)
|
(236 633)
|
(231 123)
|
(231 030)
|
(228 968)
|
(224 778)
|
(221 553)
|
(216 459)
|
(214 794)
|
(208 287)
|
(204 431)
|
(206 404)
|
(202 111)
|
(202 875)
|
(205 443)
|
(201 395)
|
(207 267)
|
(201 713)
|
(198 198)
|
0
|
(143 400)
|
(201 069)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Other Operating Expenses |
(77 402)
|
(134 682)
|
(154 415)
|
(185 796)
|
(154 516)
|
(179 777)
|
(162 929)
|
(185 832)
|
(213 389)
|
(233 839)
|
(224 924)
|
(165 109)
|
(167 693)
|
(117 223)
|
(147 046)
|
(150 252)
|
(138 392)
|
(173 234)
|
(194 153)
|
(235 613)
|
(148 637)
|
(251 178)
|
(221 308)
|
(198 047)
|
(213 138)
|
(203 091)
|
(216 860)
|
(239 267)
|
(254 176)
|
(233 992)
|
(356 802)
|
(211 805)
|
105 349
|
(249 420)
|
(281 464)
|
(201 945)
|
(202 435)
|
(192 630)
|
(185 961)
|
(168 332)
|
(172 477)
|
(139 164)
|
(132 054)
|
(142 021)
|
|
| Operating Income |
107 722
N/A
|
94 406
-12%
|
(84 006)
N/A
|
(123 145)
-47%
|
75 977
N/A
|
110 923
+46%
|
181 235
+63%
|
523 942
+189%
|
(27 044)
N/A
|
233 142
N/A
|
163 347
-30%
|
(95 538)
N/A
|
629 788
N/A
|
326 428
-48%
|
283 329
-13%
|
330 777
+17%
|
42 584
-87%
|
(7 297)
N/A
|
88 117
N/A
|
(4 085)
N/A
|
61 899
N/A
|
(17 970)
N/A
|
89 014
N/A
|
244 998
+175%
|
320 928
+31%
|
318 980
-1%
|
294 498
-8%
|
95 756
-67%
|
(54 433)
N/A
|
13 251
N/A
|
(220 511)
N/A
|
(324 249)
-47%
|
(215 423)
+34%
|
18 242
N/A
|
159 247
+773%
|
304 456
+91%
|
13 048
-96%
|
(68 103)
N/A
|
(139 154)
-104%
|
6 838
N/A
|
(272 881)
N/A
|
(167 229)
+39%
|
181 733
N/A
|
128 057
-30%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
51 221
|
33 942
|
153 840
|
205 911
|
53 531
|
966
|
2 069
|
(365 182)
|
155 816
|
(125 934)
|
(78 351)
|
191 199
|
(563 222)
|
(221 982)
|
(177 902)
|
(222 078)
|
110 058
|
167 574
|
77 145
|
186 800
|
86 923
|
158 190
|
73 185
|
(72 465)
|
(164 292)
|
(193 312)
|
(165 723)
|
10 046
|
184 726
|
142 949
|
362 607
|
518 234
|
391 561
|
186 207
|
38 655
|
(102 826)
|
135 677
|
151 455
|
191 441
|
(12 057)
|
395 011
|
274 340
|
(31 706)
|
76 856
|
|
| Non-Reccuring Items |
(5 461)
|
(4 688)
|
(653)
|
(4 367)
|
(6 869)
|
(6 821)
|
(15 344)
|
(12 765)
|
(10 665)
|
(10 474)
|
179 444
|
178 309
|
162 192
|
162 165
|
(27 590)
|
(25 348)
|
(10 323)
|
(14 374)
|
(8 193)
|
(8 186)
|
(9 355)
|
(9 852)
|
(8 082)
|
(9 100)
|
(41 643)
|
(37 732)
|
(50 769)
|
(51 366)
|
(23 779)
|
(23 085)
|
0
|
(9 913)
|
(13 745)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
1
|
10
|
2 539
|
2 457
|
2 381
|
1 848
|
(729)
|
(765)
|
(962)
|
(669)
|
(1 043)
|
(938)
|
(823)
|
(1 844)
|
(950)
|
(1 754)
|
(1 492)
|
(297)
|
(978)
|
(238)
|
(1 129)
|
(941)
|
(979)
|
(1 083)
|
(162)
|
(694)
|
94
|
314
|
90
|
600
|
24
|
(306)
|
(294)
|
(415)
|
(406)
|
(163)
|
(202)
|
(229)
|
(243)
|
|
| Total Other Income |
3 608
|
7 431
|
6 699
|
4 854
|
2 887
|
3 404
|
5 117
|
4 043
|
1 869
|
2 999
|
946
|
4 578
|
5 347
|
5 649
|
3 673
|
(460)
|
(1 922)
|
(6 578)
|
10 945
|
11 881
|
9 914
|
11 106
|
(5 572)
|
(5 055)
|
(8 045)
|
(9 934)
|
(12 006)
|
(12 120)
|
(3 236)
|
(3 580)
|
(1 541)
|
(699)
|
1 827
|
1 174
|
1 270
|
(187)
|
(3 847)
|
(3 591)
|
874
|
(399)
|
1 164
|
1 606
|
(3 141)
|
(1 110)
|
|
| Pre-Tax Income |
157 090
N/A
|
131 091
-17%
|
75 880
-42%
|
83 254
+10%
|
125 526
+51%
|
108 473
-14%
|
173 087
+60%
|
152 576
-12%
|
122 433
-20%
|
102 113
-17%
|
267 233
+162%
|
277 817
+4%
|
233 341
-16%
|
271 298
+16%
|
80 842
-70%
|
81 850
+1%
|
139 458
+70%
|
138 503
-1%
|
166 169
+20%
|
185 459
+12%
|
147 626
-20%
|
139 981
-5%
|
148 247
+6%
|
157 399
+6%
|
106 710
-32%
|
76 873
-28%
|
65 060
-15%
|
41 339
-36%
|
102 195
+147%
|
129 373
+27%
|
139 862
+8%
|
183 467
+31%
|
164 535
-10%
|
205 712
+25%
|
199 772
-3%
|
201 467
+1%
|
144 573
-28%
|
79 467
-45%
|
52 747
-34%
|
(6 024)
N/A
|
123 132
N/A
|
108 514
-12%
|
146 658
+35%
|
203 560
+39%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(36 060)
|
(29 004)
|
11 140
|
7 701
|
(3 170)
|
(1 609)
|
(44 571)
|
(39 530)
|
(44 457)
|
(37 190)
|
(37 024)
|
(37 076)
|
(12 236)
|
(22 152)
|
(19 613)
|
(24 046)
|
(32 856)
|
(32 730)
|
(36 900)
|
(39 682)
|
(38 124)
|
(33 028)
|
(33 185)
|
(35 840)
|
(26 943)
|
(22 338)
|
(23 942)
|
(11 254)
|
(23 109)
|
(32 821)
|
(30 162)
|
(58 721)
|
(39 720)
|
(59 470)
|
(53 359)
|
(30 146)
|
(43 168)
|
(21 214)
|
(17 875)
|
(15 219)
|
12 983
|
8 756
|
(650)
|
(12 071)
|
|
| Income from Continuing Operations |
121 030
|
102 088
|
87 021
|
90 956
|
122 356
|
106 864
|
128 516
|
113 046
|
77 976
|
64 923
|
230 209
|
240 741
|
221 105
|
249 144
|
61 227
|
57 802
|
106 602
|
105 772
|
129 268
|
145 776
|
109 502
|
106 953
|
115 062
|
121 559
|
79 767
|
54 536
|
41 118
|
30 086
|
79 085
|
96 552
|
109 700
|
124 746
|
124 815
|
146 242
|
146 413
|
171 320
|
101 405
|
58 252
|
34 872
|
(21 243)
|
136 115
|
117 271
|
146 008
|
191 488
|
|
| Income to Minority Interest |
(28)
|
(66)
|
(27)
|
(26)
|
(37)
|
(28)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Net Income (Common) |
121 002
N/A
|
102 021
-16%
|
86 992
-15%
|
90 928
+5%
|
122 318
+35%
|
106 835
-13%
|
128 463
+20%
|
112 983
-12%
|
77 976
-31%
|
64 923
-17%
|
230 209
+255%
|
240 741
+5%
|
221 105
-8%
|
249 144
+13%
|
61 227
-75%
|
57 802
-6%
|
106 602
+84%
|
102 022
-4%
|
121 768
+19%
|
134 526
+10%
|
94 502
-30%
|
91 953
-3%
|
100 062
+9%
|
106 559
+6%
|
64 767
-39%
|
39 536
-39%
|
29 868
-24%
|
22 586
-24%
|
79 085
+250%
|
96 552
+22%
|
109 700
+14%
|
124 746
+14%
|
124 815
+0%
|
146 242
+17%
|
146 413
+0%
|
171 320
+17%
|
101 405
-41%
|
58 252
-43%
|
34 872
-40%
|
(21 243)
N/A
|
136 115
N/A
|
117 271
-14%
|
146 008
+25%
|
191 488
+31%
|
|
| EPS (Diluted) |
960.33
N/A
|
809.69
-16%
|
483.28
-40%
|
551.07
+14%
|
978.54
+78%
|
647.48
-34%
|
773.87
+20%
|
684.74
-12%
|
472.58
-31%
|
393.47
-17%
|
1 386.8
+252%
|
1 459.03
+5%
|
1 340.03
-8%
|
1 509.96
+13%
|
373.33
-75%
|
361.26
-3%
|
662.12
+83%
|
739.28
+12%
|
761.05
+3%
|
974.82
+28%
|
684.79
-30%
|
671.18
-2%
|
571.78
-15%
|
687.47
+20%
|
483.33
-30%
|
297.26
-38%
|
228.91
-23%
|
173.1
-24%
|
558.94
+223%
|
741
+33%
|
841.32
+14%
|
956.08
+14%
|
956.92
+0%
|
1 120.79
+17%
|
1 122.11
+0%
|
1 313.02
+17%
|
777.17
-41%
|
446.44
-43%
|
267.26
-40%
|
-162.81
N/A
|
1 043.19
N/A
|
898.77
-14%
|
1 119.01
+25%
|
1 467.57
+31%
|
|