Sun Life of Canada (Philippines), Inc.

2012 2013 2014 2015 2016

Net Income Php 1,829,386,101.00 Php 2,129,402,829.00 Php 4,302,716,324.00 Php 3,353,858,576.00 Php 1,782,846,580.00
Sales Php 18,072,164,859.00 Php 41,548,054,272.00 Php 51,987,622,237.00 Php 41,521,376,401.00 Php 39,891,784,018.00
Profit Margin 0.101226727 0.051251566 0.082764245 0.080774263 0.044692074

Retained Income Php 1,829,386,101.00 Php (570,598,251.00) Php 2,702,715,684.00 Php 1,353,857,776.00 Php (217,154,220.00)
Net Income Php 1,829,386,101.00 Php 2,129,402,829.00 Php 4,302,716,324.00 Php 3,353,858,576.00 Php 1,782,846,580.00
Retention Ratio 1 -0.267961629 0.628141732 0.403671695 -0.121801967

Sales Php 18,072,164,859.00 Php 41,548,054,272.00 Php 51,987,622,237.00 Php 41,521,376,401.00 Php 39,891,784,018.00
Assets Php 140,754,769,777.00 Php 158,328,300,827.00 Php 184,533,197,408.00 Php 196,234,523,649.00 Php 210,699,306,736.00
Asset Turnover Ratio 0.128394689 0.262417105 0.281725039 0.211590579 0.1893304

Assets Php 140,754,769,777.00 Php 158,328,300,827.00 Php 184,533,197,408.00 Php 196,234,523,649.00 Php 210,699,306,736.00
SHE (beginning) Php 32,288,096,448.00 Php 38,925,353,290.00 Php 36,942,495,016.00 Php 37,927,699,610.00 Php 196,234,523,649.00
Financial Leverage 4.359339362 4.067485262 4.995147115 5.17391051 1.073711714

Philippine AXA Life Insurance Corporation

2012 2013 2014 2015 2016
Net Income Php 915,381,124.00 Php 1,184,015,483.00 Php 1,226,481,888.00 Php 1,383,639,030.00 Php 1,665,557,145.00
Sales Php 4,580,655,825.00 Php 5,596,347,603.00 Php 6,395,891,190.00 Php 7,171,937,167.00 Php 8,096,650,902.00
Profit Margin 0.199836259 0.211569325 0.191760906 0.192924031 0.205709393

Retained Income Php 120,381,124.00 Php (47,589,217.00) Php 183,481,888.00 Php 1,383,639,030.00 Php 1,665,557,145.00
Net Income Php 915,381,124.00 Php 1,184,015,483.00 Php 1,226,481,888.00 Php 1,383,639,030.00 Php 1,665,557,145.00
Retention Ratio 0.131509293 -0.04019307 0.149600161 1 1

Sales Php 4,580,655,825.00 Php 5,596,347,603.00 Php 6,395,891,190.00 Php 7,171,937,167.00 Php 8,096,650,902.00
Assets Php 44,850,867,951.00 Php 54,949,877,684.00 Php 68,069,635,465.00 Php 80,046,941,234.00 Php 90,374,796,118.00
Asset Turnover Ratio 0.102130818 0.101844587 0.093961003 0.089596642 0.0895897

Assets Php 44,850,867,951.00 Php 54,949,877,684.00 Php 68,069,635,465.00 Php 80,046,941,234.00 Php 90,374,796,118.00
SHE (beginning) Php 3,667,714,671.00 Php 3,960,297,920.00 Php 4,056,520,192.00 Php 4,086,461,330.00 Php 5,112,363,252.00
Financial Leverage 12.22855974 13.87518788 16.78030239 19.58832711 17.67769457

BPI-Philam Life Assurance Corporation

2012 2013 2014 2015 2016
Net Income Php 343,000,000.00 Php 665,916,828.00 Php 583,438,294.00 Php 1,188,203,000.00 Php 1,747,301,000.00
Sales Php 13,227,303,145.00 Php 16,380,783,614.00 Php 16,671,903,723.00 Php 22,128,125,000.00 Php 21,554,430,000.00
Profit Margin 0.025931212 0.040652318 0.034995301 0.053696506 0.081064589

Retained Income Php 343,519,717.00 Php 665,916,828.00 Php 583,438,294.00 Php 1,188,203,000.00 Php 749,809,000.00
Net Income Php 343,519,717.00 Php 665,916,828.00 Php 583,438,294.00 Php 1,188,203,000.00 Php 1,747,301,000.00
Retention Ratio 1 1 1 1 0.429124118

Sales Php 13,227,303,145.00 Php 16,380,783,614.00 Php 16,671,903,723.00 Php 22,128,125,000.00 Php 21,554,430,000.00
Assets Php 39,102,064,310.00 Php 50,549,574,419.00 Php 63,494,046,355.00 Php 76,427,651,000.00 Php 88,778,176,000.00
Asset Turnover Ratio 0.338276339 0.324053838 0.262574283 0.289530356 0.242789737

Assets Php 39,102,064,310.00 Php 50,549,574,419.00 Php 63,494,046,355.00 Php 76,427,651.00 Php 88,778,176,000.00
SHE (beginning) Php 5,267,154,474.00 Php 6,295,499,373.00 Php 7,968,461,730.00 Php 6,839,710,073.00 Php 8,415,883,000.00
Financial Leverage 7.42375499 8.029478112 7.968168576 0.011174107 10.54888429

Philippine American Life and General Insurance Company

2012 2013 2014 2015 2016
Net Income Php 3,320,200,000.00 Php 6,984,686,000.00 Php 5,010,710,000.00 Php 7,399,019,000.00 Php 6,095,315,000.00
Sales Php 30,196,455,000.00 Php 33,817,338,000.00 Php 35,178,736,000.00 Php 33,399,451,000.00 Php 31,929,565,000.00
Profit Margin 0.109953304 0.206541568 0.14243576 0.221531156 0.19089878

Retained Income Php 320,200,000.00 Php 6,984,686,000.00 Php 5,010,710,000.00 Php 7,399,019,000.00 Php 6,095,315,000.00
Net Income Php 3,320,200,000.00 Php 6,984,686,000.00 Php 5,010,710,000.00 Php 7,399,019,000.00 Php 6,095,315,000.00
Retention Ratio 0.096439973 1 1 1 1

Sales Php 30,196,455,000.00 Php 33,817,338,000.00 Php 35,178,736,000.00 Php 33,399,451,000.00 Php 31,929,565,000.00
Assets Php 193,233,069,000.00 Php 209,080,967,000.00 Php 226,788,635,000.00 Php 236,385,041,000.00 Php 245,900,571,000.00
Asset Turnover Ratio 0.156269603 0.161742786 0.155116838 0.141292574 0.129847462

Assets Php 193,233,069,000.00 Php 209,080,967,000.00 Php 226,788,635,000.00 Php 236,385,041,000.00 Php 245,900,571,000.00
SHE (beginning) Php 61,021,800,000.00 Php 68,431,680,000.00 Php 76,469,261,000.00 Php 85,235,319,000.00 Php 88,654,420,000.00
Financial Leverage 3.166623551 3.055324186 2.965749009 2.773322653 2.773697815

Pru Life Insurance Corporation of U.K

2012 2013 2014 2015 2016
Net Income Php 1,060,646,000.00 Php 1,031,871,000.00 Php 1,722,956,000.00 Php 1,473,866,000.00 Php 1,904,212,000.00
Sales Php 16,774,134,000.00 Php 19,307,505,000.00 Php 17,150,664,000.00 Php 21,067,713,000.00 Php 19,688,742,000.00
Profit Margin 0.063231044 0.053444036 0.100460017 0.069958519 0.096715778

Retained Income Php 1,060,646,000.00 Php 898,871,000.00 Php 1,428,838,000.00 Php 1,120,925,000.00 Php 727,742,000.00
Net Income Php 1,060,646,000.00 Php 1,031,871,000.00 Php 1,722,956,000.00 Php 1,473,866,000.00 Php 1,904,212,000.00
Retention Ratio 1 0.871107919 0.829294538 0.760533861 0.382174884

Sales Php 16,774,134,000.00 Php 19,307,505,000.00 Php 17,150,664,000.00 Php 21,067,713,000.00 Php 19,688,742,000.00
Assets Php 50,235,536,000.00 Php 62,895,919,000.00 Php 77,687,307,000.00 Php 86,764,624,000.00 Php 93,203,645,000.00
Asset Turnover Ratio 0.333909725 0.306975481 0.22076533 0.242814548 0.226921308

Assets Php 48,560,580,000.00 Php 61,145,410,000.00 Php 77,687,307,000.00 Php 86,764,624,000.00 Php 93,203,645,000.00
SHE (beginning) Php 4,342,134,000.00 Php 6,428,443,000.00 Php 7,408,034,000.00 Php 8,837,022,000.00 Php 9,948,319.00
Financial Leverage 11.18357471 9.511698245 10.48689936 9.818310286 9368.783309
Manufacturers Life Insurance Company, Inc.
2012 2013 2014 2015 2016
Net Income Php 529,479,949.00 Php 2,039,502,432.00 Php 1,073,975,581.00 Php 3,895,232,066.00 Php 2,027,308,829.00
Sales Php 10,989,381,231.00 Php 20,686,440,741.00 Php 17,836,921,947.00 Php 21,780,333,996.00 Php 21,206,873,597.00
Profit Margin 0.048181052 0.098591268 0.060210814 0.178841705 0.09559678

Retained Income Php 529,479,949.00 Php 2,039,502,432.00 Php 1,073,975,581.00 Php 3,895,232,066.00 Php 2,027,308,829.00
Net Income Php 529,479,949.00 Php 2,039,502,432.00 Php 1,073,975,581.00 Php 3,895,232,066.00 Php 2,027,308,829.00
Retention Ratio 1 1 1 1 1

Sales Php 10,989,381,231.00 Php 20,686,440,741.00 Php 17,836,921,947.00 Php 21,780,333,996.00 Php 21,206,873,597.00
Assets Php 47,035,346,892.00 Php 60,617,325,588.00 Php 73,557,534,042.00 Php 77,516,012,038.00 Php 87,306,084,863.00
Asset Turnover Ratio 0.23364091 0.341262841 0.242489395 0.280978516 0.242902584

Assets Php 47,035,346,892.00 Php 60,617,325,588.00 Php 73,557,534,042.00 Php 77,516,012,038.00 Php 87,306,084,863.00
SHE (beginning) Php 11,474,325,997.00 Php 13,839,684,891.00 Php 15,566,536,376.00 Php 18,486,749,029.00 Php 15,633,046,359.00
Financial Leverage 4.099181678 4.379964289 4.725362937 4.193058061 5.584713488

Insular Life Assurance Company, Ltd.

2012 2013 2014 2015 2016
Net Income Php 3,215,747,292.00 Php 2,392,426,052.00 Php 2,948,955,622.00 Php 1,768,961,054.00 Php 4,933,073,006.00
Sales Php 18,084,745,581.00 Php 19,345,331,933.00 Php 19,629,802,762.00 Php 19,934,663,440.00 Php 24,906,854,248.00
Profit Margin 0.177815457 0.123669424 0.15022849 0.088737944 0.198060861

Retained Income Php 2,359,761,249.00 Php 1,664,104,461.00 Php 2,129,951,591.00 Php 1,234,049,922.00 Php 4,924,371,604.00
Net Income Php 3,215,747,292.00 Php 2,392,426,052.00 Php 2,948,955,622.00 Php 1,768,961,054.00 Php 4,933,073,006.00
Retention Ratio 0.733814269 0.695571953 0.722273192 0.697612827 0.998236109

Sales Php 18,084,745,581.00 Php 19,345,331,933.00 Php 19,629,802,762.00 Php 19,934,663,440.00 Php 24,906,854,248.00
Assets Php 89,586,174,730.00 Php 94,779,455,941.00 Php 101,354,067,615.00 Php 106,146,578,673.00 Php 129,245,349,744.00
Asset Turnover Ratio 0.201869827 0.204108915 0.19367553 0.187803165 0.192709868

Assets Php 89,586,174,730.00 Php 94,779,455,941.00 Php 101,354,067,615.00 Php 106,146,578,673.00 Php 129,245,349,744.00
SHE (beginning) Php 20,695,187,281.00 Php 23,044,910,042.00 Php 22,674,586,243.00 Php 22,849,419,919.00 Php 23,719,492,840.00
Financial Leverage 4.328840977 4.112815184 4.469941217 4.645482426 5.448908651

BDO Life Assurance Company, Inc.

2012 2013 2014 2015 2016
Net Income Php 347,103,142.00 Php 692,460,829.00 Php 851,659,938.00 Php 1,096,608,719.00 Php 1,086,898,781.00
Sales Php 3,772,229,640.00 Php 5,113,602,580.00 Php 5,977,292,634.00 Php 7,220,748,037.00 Php 9,321,885,863.00
Profit Margin 0.09201538 0.135415457 0.142482557 0.15186913 0.116596448

Retained Income Php 347,103,142.00 Php 692,460,829.00 Php 851,659,938.00 Php 1,096,608,719.00 Php 1,086,898,781.00
Net Income Php 347,103,142.00 Php 692,460,829.00 Php 851,659,938.00 Php 1,096,608,719.00 Php 1,086,898,781.00
Retention Ratio 1 1 1 1 1

Sales Php 3,772,229,640.00 Php 5,113,602,580.00 Php 5,977,292,634.00 Php 7,220,748,037.00 Php 9,321,885,863.00
Assets Php 12,782,637,702.00 Php 15,546,910,311.00 Php 18,964,940,043.00 Php 22,720,109,285.00 Php 28,359,140,059.00
Asset Turnover Ratio 0.295105731 0.328914394 0.315175931 0.317813086 0.32870834

Assets Php 12,782,637,702.00 Php 15,546,910,311.00 Php 18,964,940,043.00 Php 22,720,109,285.00 Php 28,359,140,059.00
SHE (beginning) Php 1,304,012,201.00 Php 2,256,705,488.00 Php 2,056,646,965.00 Php 3,495,519,230.00 Php 3,723,069,731.00
Financial Leverage 9.802544556 6.889206586 9.221290949 6.499780945 7.61713911

Manulife China Bank Life Assurance Corporation

2012 2013 2014 2015 2016
Net Income Php 48,960,930.00 Php 76,228,117.00 Php (95,002,140.00) Php (109,853,952.00) Php (222,352,076.00)
Sales Php 4,641,031,268.00 Php 8,325,525,284.00 Php 5,263,952,908.00 Php 5,374,829,556.00 Php 7,667,988,779.00
Profit Margin 0.01054958 0.009155953 -0.01804768 -0.020438593 -0.028997444

Retained Income Php 48,960,930.00 Php 76,228,117.00 Php (95,002,140.00) Php (109,853,952.00) Php (222,352,076.00)
Net Income Php 48,960,930.00 Php 76,228,117.00 Php (95,002,140.00) Php (109,853,952.00) Php (222,352,076.00)
Retention Ratio 1 1 1 1 1

Sales Php 4,641,031,268.00 Php 8,325,525,284.00 Php 5,263,952,908.00 Php 5,374,829,556.00 Php 7,667,988,779.00
Assets Php 9,342,123,287.00 Php 16,799,995,719.00 Php 21,773,953,720.00 Php 24,019,675,015.00 Php 29,455,402,337.00
Asset Turnover Ratio 0.496785487 0.495567107 0.241754574 0.223767788 0.260325379

Assets Php 9,342,123,287.00 Php 16,799,995,719.00 Php 21,773,953,720.00 Php 24,019,675,015.00 Php 29,455,402,337.00
SHE (beginning) Php 1,264,211,439.00 Php 1,364,485,161.00 Php 1,524,675,302.00 Php 1,344,115,779.00 Php 925,768,818.00
Financial Leverage 7.389684193 12.31233303 14.28104311 17.87024257 31.81723316

Sun Life Grepa Financial, Inc.

2012 2013 2014 2015 2016
Net Income Php 72,106,165.00 Php (239,084,096.00) Php 163,219,836.00 Php 224,690,506.00 Php 388,641,633.00
Sales Php 3,306,522,437.00 Php 12,959,830,216.00 Php 9,520,570,554.00 Php 11,617,800,310.00 Php 7,946,008,767.00
Profit Margin 0.021807251 -0.018448089 0.017143913 0.019340193 0.048910295

Retained Income Php (727,893,835.00) Php (239,084,096.00) Php 163,219,836.00 Php 224,690,506.00 Php 388,641,633.00
Net Income Php 72,106,165.00 Php (239,084,096.00) Php 163,219,836.00 Php 224,690,506.00 Php 388,641,633.00
Retention Ratio -10.09475175 1 1 1 1

Sales Php 3,306,522,437.00 Php 12,959,830,216.00 Php 9,520,570,554.00 Php 11,617,800,310.00 Php 7,946,008,767.00
Assets Php 21,333,657,819.00 Php 30,773,719,136.00 Php 36,048,543,398.00 Php 41,088,022,408.00 Php 42,916,533,646.00
Asset Turnover Ratio 0.154990882 0.421133051 0.264104168 0.282753942 0.185150293

Assets Php 21,333,657,819.00 Php 30,773,719,136.00 Php 36,048,543,398.00 Php 41,088,022,408.00 Php 42,916,533,646.00
SHE (beginning) Php 4,547,220,620.00 Php 4,553,789,407.00 Php 4,335,679,489.00 Php 4,803,697,864.00 Php 4,331,336,117.00
Financial Leverage 4.69158187 6.757826589 8.314393047 8.553415217 9.908382191
Allianz PNB Life Insurance, Inc.
2012 2013 2014 2015 2016
Net Income Php 114,735,942.00 Php 209,539,959.00 Php 263,619,235.00 Php 341,888,273.00 Php 251,875,673.00
Sales Php 1,781,104,556.00 Php 2,025,195,357.00 Php 2,142,201,844.00 Php 2,359,910,356.00 Php 1,978,607,971.00
Profit Margin 0.06441842 0.103466541 0.123059942 0.144873415 0.127299433

Retained Income Php 114,735,942.00 Php 209,539,959.00 Php 263,619,235.00 Php 341,888,273.00 Php 251,875,673.00
Net Income Php 114,735,942.00 Php 209,539,959.00 Php 263,619,235.00 Php 341,888,273.00 Php 251,875,673.00
Retention Ratio 1 1 1 1 1

Sales Php 1,781,104,556.00 Php 2,025,195,357.00 Php 2,142,201,844.00 Php 2,359,910,356.00 Php 1,978,607,971.00
Assets Php 9,521,921,191.00 Php 14,650,149,584.00 Php 19,258,914,291.00 Php 23,401,645,790.00 Php 24,282,156,244.00
Asset Turnover Ratio 0.187053066 0.138237179 0.111231703 0.100843777 0.08454995

Assets Php 9,521,921,191.00 Php 14,650,149,584.00 Php 19,258,914,291.00 Php 23,401,645,790.00 Php 24,282,156,244.00
SHE (beginning) Php 892,555,803.00 Php 1,202,532,859.00 Php 1,277,929,279.00 Php 1,655,989,075.00 Php 1,949,024,781.00
Financial Leverage 10.66815224 12.18274368 15.07040695 14.13152185 12.45861853

CLIMBS Life & General Insurance Cooperative

2012 2013 2014 2015 2016
Net Income Php 58,760,305.00 Php 72,034,736.00 Php 105,033,239.00 Php 122,885,772.00 Php 136,821,464.00
Sales Php 879,747,092.00 Php 896,720,068.00 Php 977,788,672.00 Php 1,286,484,269.00 Php 1,519,096,543.00
Profit Margin 0.06679227 0.080331353 0.107419161 0.095520618 0.090067655

Retained Income Php 58,760,305.00 Php 72,034,736.00 Php 105,033,239.00 Php 122,885,772.00 Php 136,821,464.00
Net Income Php 58,760,305.00 Php 72,034,736.00 Php 105,033,239.00 Php 122,885,772.00 Php 136,821,464.00
Retention Ratio 1 1 1 1 1

Sales Php 879,747,092.00 Php 896,720,068.00 Php 977,788,672.00 Php 1,286,484,269.00 Php 1,519,096,543.00
Assets Php 1,134,774,380.00 Php 1,439,086,606.00 Php 1,644,305,589.00 Php 1,962,224,737.00 Php 2,557,006,411.00
Asset Turnover Ratio 0.77526168 0.623117514 0.594651431 0.655625344 0.594091801

Assets Php 1,134,774,380.00 Php 1,439,086,606.00 Php 1,644,305,589.00 Php 1,962,224,737.00 Php 2,557,006,411.00
SHE (beginning) Php 244,268,040.00 Php 309,042,852.00 Php 749,786,951.00 Php 882,946,950.00 Php 1,029,368,067.00
Financial Leverage 4.645611354 4.656592433 2.193030416 2.222358588 2.484054531

First Life Financial Company, Inc.

2012 2013 2014 2015 2016
Net Income Php 16,269,443.00 Php 29,229,872.00 Php 14,498,591.00 Php 12,688,566.00 Php 20,529,553.00
Sales Php 1,047,344,253.00 Php 1,135,414,131.00 Php 1,138,298,966.00 Php 1,158,280,532.00 Php 1,277,064,941.00
Profit Margin 0.015533997 0.025743798 0.012737068 0.010954657 0.016075575

Retained Income Php 16,269,443.00 Php (45,770,128.00) Php 14,498,591.00 Php 12,688,566.00 Php 20,529,553.00
Net Income Php 16,269,443.00 Php 29,229,872.00 Php 14,498,591.00 Php 12,688,566.00 Php 20,529,553.00
Retention Ratio 1 -1.565868232 1 1 1

Sales Php 1,047,344,253.00 Php 1,135,414,131.00 Php 1,138,298,966.00 Php 1,158,280,532.00 Php 1,277,064,941.00
Assets Php 4,575,638,190.00 Php 4,947,189,837.00 Php 5,647,462,760.00 Php 5,626,397,890.00 Php 6,309,338,552.00
Asset Turnover Ratio 0.228895776 0.229506885 0.201559358 0.205865379 0.22697736

Assets Php 4,575,638,190.00 Php 4,947,189,837.00 Php 5,647,462,760.00 Php 5,626,397,890.00 Php 6,309,338,552.00
SHE (beginning) Php 341,535,437.00 Php 965,646,345.00 Php 1,036,036,152.00 Php 11,292,194,128.00 Php 1,102,909,991.00
Financial Leverage 13.39725749 5.123190144 5.451028663 0.498255505 5.720628704