Consolidated 5-year Financial Highlights

(In Millions PHP)

building icon 2022 2021 2020 2019 2018
Net Income 5,202 3,867 3,140 4,853 2,998
Revenues 25,900 23,197 18,155 22,739 22,209
Net Insurance Revenue 17,029 15,626 10,667 13,500 14,381
Operating Revenue 8,871 7,571 7,488 9,239 7,828
Total Insurance Benefits and
Operating Expenses 		20,033 18,565 14,455 17,387 18,553
Assets 148,529 149,812 148,697 143,208 135,055
Cash and Cash Equivalents 6,729 4,672 5,091 4,644 3,470
Cash on Hand and In Banks 1,327 1,660 1,814 517 661
Cash Equivalents 5,402 3,012 3,277 4,127 2,809
Liabilities 97,882 106,992 111,592 99,285 94,544
Retained Earnings 47,371 41,361 37,520 34,381 29,529
RE, Appropriated 2,397 2,500 1,500 900 550
RE, Unappropriated 44,974 38,861 36,020 33,481 28,979
Members' Equity 50,647 42,820 37,105 43,922 40,511
Total Liabilities and
Members' Equity 		148,529 149,812 148,697 143,208 135,055

Parent Company 5-year Financial Highlights

(In Millions PHP)

building icon 2022 2021 2020 2019 2018
Net Income 2,611 4,748 1,774 2,894 2,180
Net Insurance Revenue 15,830 14,595 9,923 12,946 13,947
Operating Revenue 6,199 8,534 6,279 7,314 6,984
Total Revenues 22,028 23,129 16,202 20,260 20,930
Assets 147,172 154,043 145,128 138,214 133,297
Cash and Cash Equivalents 6,201 4,085 4,584 3,921 2,837
Cash on Hand and In Banks 800 1,075 1,555 410 384
Cash Equivalents 5,401 3,011 3,029 3,511 2,452
Liabilities 96,941 106,226 111,117 98,883 94,229
Members' Equity 50,231 47,817 34,011 39,331 39,069
Retained Earnings 32,963 28,302 23,555 21,780 18,886
RE, Appropriated 2,397 2,500 1,500 900 550
RE, Unappropriated 30,566 25,802 22,055 20,880 18,336
New Business Premiums** 8,803 8,735 4,864 7,102 8,729
Total Premiums* 14,724 13,248 10,417 12,904 13,985
Gross Investment Income 4,555 4,624 4,751 5,585 5,342
Legal Policy Reserves 43,929 57,764 69,357 58,162 54,375
Net Worth 50,231 47,817 34,011 39,331 39,069
Gross Benefits and Claims Paid 9,352 11,520 8,489 11,030 8,180

*Final TB

**IC Exhibits

2022 Consolidated Financial Statements