Below are the financial statements of China Taiping, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in billions of HKD | 2024 | 2023 |
|---|---|---|
| Insurance revenue | 111.27a | 107.49a |
| Insurance service expenses | -86.43a | -86.26a |
| Net expenses from reinsurance contracts held | -2.81a | -2.7a |
| Insurance service results | 22.02a | 18.53a |
| Interest revenue | 40.24a | 35.72a |
| Financial assets not measured at fair value through profit or loss | 30.06a | 27.56a |
| Financial assets measured at fair value through profit or loss | 10.18a | 8.16a |
| Other investment return | 24.97a | -0.25a |
| Net impairment loss on financial assets | -1.33a | -1.74a |
| Share of results of associates and joint ventures | 2.66a | -0.16a |
| Investment return | 66.54a | 33.57a |
| Finance expenses from insurance contracts issued | -61.04a | -36.01a |
| Finance income from reinsurance contracts held | 0.39a | 0.25a |
| Net changes in investment contract liabilities | -0.07a | 0.36a |
| Net investment results | 5.83a | -1.84a |
| Other income | 4.65a | 5.74a |
| Other operating expenses | -6.92a | -7.01a |
| Other finance costs | -3.46a | -3.76a |
| Profit before taxation | 22.13a | 11.66a |
| Income tax charges | -9.33a | -1.38a |
| Profit after taxation | 12.8a | 10.28a |
| Attributable to | — | — |
| Owners of the Company | 8.43a | 6.19a |
| Non-controlling interests | 4.37a | 4.09a |
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