서울보증보험 분기보고서 (2025.03)
2. 연결재무제표

## 2-1. 연결 재무상태표

연결 재무상태표
제 59 기 1분기말 2025.03.31 현재
제 58 기말 2024.12.31 현재
(단위 : 원)

제 59 기 1분기말	제 58 기말

자산

Ⅰ.현금및예치금	225,614,361,033	239,658,217,924

Ⅱ.당기손익-공정가치측정금융자산	1,403,384,880,816	1,406,073,520,618

Ⅲ.기타포괄손익-공정가치측정금융자산	6,408,618,188,982	6,243,264,962,873

Ⅳ.상각후원가측정금융자산	789,714,961,631	772,770,763,740

1.상각후원가측정유가증권	439,915,743,140	439,919,143,374

2.상각후원가측정대출채권	2,630,265,680	2,685,577,475

3.상각후원가측정기타수취채권	347,168,952,811	330,166,042,891

Ⅴ.관계기업투자주식	10,340,773,114	10,128,595,138

Ⅵ.위험회피목적파생상품자산	107,630,760	371,605,611

Ⅶ.보험계약자산	0	5,642,359

Ⅷ.재보험계약자산	281,856,734,282	305,825,042,558

Ⅸ.투자부동산	14,254,475,261	14,329,396,900

Ⅹ.유형자산	142,902,305,124	138,378,474,347

XI.무형자산	176,288,342,769	135,221,021,843

XⅡ.리스사용권자산	74,875,215,348	63,805,734,928

XⅢ.당기법인세자산	7,071,459,169	348,195,179

XIV.이연법인세자산	1,499,482,063	1,595,111,077

XV.기타자산	2,180,199,855	1,821,779,981

자산총계	9,538,709,010,207	9,333,598,065,076

자본과 부채

부채

Ⅰ.보험계약부채	3,337,391,053,019	3,262,977,164,442

Ⅱ.재보험계약부채	195,000,000	0

Ⅲ.차입부채	39,819,538,561	39,650,197,438

Ⅳ.기타금융부채	310,674,837,423	77,284,151,060

Ⅴ.위험회피목적파생상품부채	70,017,761,271	75,677,142,667

Ⅵ.리스부채	73,556,249,068	62,771,310,374

Ⅶ.충당부채	33,582,309,488	32,170,330,821

Ⅷ.순확정급여부채	11,755,413,447	7,984,140,225

Ⅸ.당기법인세부채	2,565,405,703	3,862,435,982

Ⅹ.이연법인세부채	516,529,401,992	498,077,955,824

XI.기타부채	106,751,589,044	97,677,625,417

부채총계	4,502,838,559,016	4,158,132,454,250

자본

Ⅰ.지배주주지분	5,030,580,778,825	5,170,177,200,110

1.자본금	174,553,995,000	174,553,995,000

2.기타포괄손익누계액	63,429,611,641	22,307,463,661

3.이익잉여금	4,792,597,172,184	4,973,315,741,449

대손준비금 기적립액	48,155,282	1,035,704,482

대손준비금 적립(환입)예정액	13,270,705	(987,549,200)

비상위험준비금 기적립액	2,488,079,095,683	2,401,039,526,301

비상위험준비금 적립예정액	22,873,026,494	87,039,569,382

Ⅱ.비지배지분	5,289,672,366	5,288,410,716

자본총계	5,035,870,451,191	5,175,465,610,826

자본과 부채총계	9,538,709,010,207	9,333,598,065,076

## 2-2. 연결 포괄손익계산서

연결 포괄손익계산서
제 59 기 1분기 2025.01.01 부터 2025.03.31 까지
제 58 기 1분기 2024.01.01 부터 2024.03.31 까지
(단위 : 원)

제 59 기 1분기	제 58 기 1분기

3개월	누적	3개월	누적

Ⅰ.보험손익	3,027,232,569	3,027,232,569	2,326,809,119	2,326,809,119

1.보험영업수익	568,397,896,560	568,397,896,560	577,520,995,570	577,520,995,570

(1)보험수익	527,169,715,349	527,169,715,349	518,648,516,871	518,648,516,871

(2)재보험수익	41,228,181,211	41,228,181,211	58,872,478,699	58,872,478,699

2.보험영업비용	(565,370,663,991)	(565,370,663,991)	(575,194,186,451)	(575,194,186,451)

(1)보험서비스비용	(503,376,432,128)	(503,376,432,128)	(518,578,937,484)	(518,578,937,484)

(2)재보험서비스비용	(42,139,705,810)	(42,139,705,810)	(42,132,219,032)	(42,132,219,032)

(3)기타사업비용	(19,854,526,053)	(19,854,526,053)	(14,483,029,935)	(14,483,029,935)

Ⅱ.투자손익	24,244,072,462	24,244,072,462	36,878,201,935	36,878,201,935

1.투자영업수익	105,074,054,678	105,074,054,678	123,471,377,917	123,471,377,917

(1)보험금융수익	7,773,957,975	7,773,957,975	9,395,790,091	9,395,790,091

(2)재보험금융수익	3,650,288,396	3,650,288,396	3,526,871,763	3,526,871,763

(3)이자수익	45,443,212,673	45,443,212,673	43,148,466,831	43,148,466,831

유효이자율법 적용 이자수익	44,982,336,483	44,982,336,483	42,740,998,687	42,740,998,687

기타이자수익	460,876,190	460,876,190	407,468,144	407,468,144

(4)배당수익	5,517,156,462	5,517,156,462	2,405,996,784	2,405,996,784

(5)당기손익-공정가치측정금융상품관련이익	14,199,088,420	14,199,088,420	27,703,496,056	27,703,496,056

(6)기타포괄손익-공정가치측정금융상품관련이익	3,139,684,259	3,139,684,259	313,176,585	313,176,585

(7)신용손실충당금 환입액	80,014,294	80,014,294	734,921,205	734,921,205

(8)파생상품관련이익	3,344,826,656	3,344,826,656	1,890,809,001	1,890,809,001

(9)외환거래이익	(64,068,624)	(64,068,624)	13,532,864,844	13,532,864,844

(10)기타수익	21,989,894,167	21,989,894,167	20,818,984,757	20,818,984,757

2.투자영업비용	(80,829,982,216)	(80,829,982,216)	(86,593,175,982)	(86,593,175,982)

(1)보험금융비용	(36,293,285,604)	(36,293,285,604)	(45,857,947,515)	(45,857,947,515)

(2)재보험금융비용	(1,820,654,481)	(1,820,654,481)	(1,812,176,207)	(1,812,176,207)

(3)이자비용	(1,484,635,991)	(1,484,635,991)	(1,495,148,739)	(1,495,148,739)

(4)당기손익-공정가치측정금융상품관련손실	(18,467,001,651)	(18,467,001,651)	(10,021,467,765)	(10,021,467,765)

(5)기타포괄손익-공정가치측정금융상품관련손실	(1,649,871,600)	(1,649,871,600)	0	0

(6)신용손실충당금 전입액	(601,591,458)	(601,591,458)	(105,123,621)	(105,123,621)

(7)파생상품관련손실	(3,009,952,672)	(3,009,952,672)	(13,155,995,411)	(13,155,995,411)

(8)재산관리비	(1,904,567,614)	(1,904,567,614)	(2,027,037,003)	(2,027,037,003)

(9)부동산관리비	(382,710,884)	(382,710,884)	(314,390,429)	(314,390,429)

(10)외환거래손실	(1,925,524,757)	(1,925,524,757)	(1,181,027,058)	(1,181,027,058)

(11)기타비용	(13,290,185,504)	(13,290,185,504)	(10,622,862,234)	(10,622,862,234)

Ⅲ.영업이익	27,271,305,031	27,271,305,031	39,205,011,054	39,205,011,054

Ⅳ.영업외손익	(1,572,628,572)	(1,572,628,572)	104,325,123	104,325,123

1.영업외수익	1,450,139,812	1,450,139,812	2,907,737,803	2,907,737,803

2.영업외비용	(3,022,768,384)	(3,022,768,384)	(2,803,412,680)	(2,803,412,680)

Ⅴ.법인세비용차감전순이익	25,698,676,459	25,698,676,459	39,309,336,177	39,309,336,177

Ⅵ.법인세비용	(6,324,905,804)	(6,324,905,804)	(8,950,925,028)	(8,950,925,028)

Ⅶ.분기순이익	19,373,770,655	19,373,770,655	30,358,411,149	30,358,411,149

대손준비금 반영후 조정이익	19,360,499,950	19,360,499,950	30,351,352,771	30,351,352,771

비상위험준비금 반영후 조정이익	(3,499,255,839)	(3,499,255,839)	6,162,696,822	6,162,696,822

Ⅷ.기타포괄손익	41,122,147,980	41,122,147,980	(20,482,566,882)	(20,482,566,882)

1.후속적으로 당기손익으로 재분류되지 않는 포괄손익	11,057,225,561	11,057,225,561	(9,503,754,797)	(9,503,754,797)

(1)기타포괄손익-공정가치측정유가증권평가손익	11,446,590,253	11,446,590,253	(10,095,738,283)	(10,095,738,283)

(2)확정급여부채 재측정요소	(389,364,692)	(389,364,692)	591,983,486	591,983,486

2.후속적으로 당기손익으로 재분류되는 포괄손익	30,064,922,419	30,064,922,419	(10,978,812,085)	(10,978,812,085)

(1)보험계약 관련 금융손익	(338,854,889)	(338,854,889)	50,492,054	50,492,054

(2)재보험계약 관련 금융손익	(17,874,489)	(17,874,489)	(140,602,310)	(140,602,310)

(3)기타포괄손익-공정가치측정채무상품평가손익	32,359,250,294	32,359,250,294	(11,095,334,466)	(11,095,334,466)

(4)기타포괄손익-공정가치측정 신용손실	96,822,094	96,822,094	15,453,862	15,453,862

(5)현금흐름위험회피파생상품평가손익	(1,694,043,815)	(1,694,043,815)	(705,352,943)	(705,352,943)

(6)해외사업환산손익	(340,376,776)	(340,376,776)	896,531,718	896,531,718

Ⅸ.총포괄손익	60,495,918,635	60,495,918,635	9,875,844,267	9,875,844,267

1.연결분기순이익의 귀속

(1)지배주주지분	19,320,309,005	19,320,309,005	30,198,442,180	30,198,442,180

(2)비지배주주지분	53,461,650	53,461,650	159,968,969	159,968,969

1.연결총포괄손익의 귀속

(1)지배주주지분	60,442,456,985	60,442,456,985	9,715,875,298	9,715,875,298

(2)비지배주주지분	53,461,650	53,461,650	159,968,969	159,968,969

Ⅹ.주당이익

1.기본주당이익 (단위 : 원)	277.0	277.0	433.0	433.0

2.희석주당이익 (단위 : 원)	277.0	277.0	433.0	433.0

## 2-3. 연결 자본변동표

연결 자본변동표
제 59 기 1분기 2025.01.01 부터 2025.03.31 까지
제 58 기 1분기 2024.01.01 부터 2024.03.31 까지
(단위 : 원)

자본

지배기업의 소유주에게 귀속되는 지분	비지배지분	자본 합계

자본금	기타포괄손익누적액	이익잉여금	지배기업의 소유주에게 귀속되는 지분 합계

2024.01.01 (Ⅰ.기초자본)	174,553,995,000	52,094,178,520	4,968,493,473,060	5,195,141,646,580	5,245,887,905	5,200,387,534,485

자본의 변동

포괄손익

1.분기순이익	0	0	30,198,442,180	30,198,442,180	159,968,969	30,358,411,149

2.기타포괄손익

(1)보험계약 관련 금융손익	0	50,492,054	0	50,492,054	0	50,492,054

(2)재보험계약 관련 금융손익	0	(140,602,310)	0	(140,602,310)	0	(140,602,310)

(3)기타포괄손익-공정가치측정금융자산관련 손익	0	(21,175,618,887)	0	(21,175,618,887)	0	(21,175,618,887)

(4)해외사업환산손익	0	896,531,718	0	896,531,718	0	896,531,718

(5)현금흐름위험회피파생상품평가손익	0	(705,352,943)	0	(705,352,943)	0	(705,352,943)

(6)순확정급여부채 재측정요소	0	591,983,486	0	591,983,486	0	591,983,486

총기타포괄손익	0	(20,482,566,882)	0	(20,482,566,882)	0	(20,482,566,882)

총포괄손익	0	(20,482,566,882)	30,198,442,180	9,715,875,298	159,968,969	9,875,844,267

소유주와의 자본거래 등

1.연차배당	0	0	(208,277,826,834)	(208,277,826,834)	(81,000,000)	(208,358,826,834)

소유주와의 거래 합계	0	0	(208,277,826,834)	(208,277,826,834)	(81,000,000)	(208,358,826,834)

자본 증가(감소) 합계	0	(20,482,566,882)	(178,079,384,654)	(198,561,951,536)	78,968,969	(198,482,982,567)

2024.03.31 (Ⅱ.분기말자본)	174,553,995,000	31,611,611,638	4,790,414,088,406	4,996,579,695,044	5,324,856,874	5,001,904,551,918

2025.01.01 (Ⅲ.기초자본)	174,553,995,000	22,307,463,661	4,973,315,741,449	5,170,177,200,110	5,288,410,716	5,175,465,610,826

자본의 변동

포괄손익

1.분기순이익	0	0	19,320,309,005	19,320,309,005	53,461,650	19,373,770,655

2.기타포괄손익

(1)보험계약 관련 금융손익	0	(338,854,889)	0	(338,854,889)	0	(338,854,889)

(2)재보험계약 관련 금융손익	0	(17,874,489)	0	(17,874,489)	0	(17,874,489)

(3)기타포괄손익-공정가치측정금융자산관련 손익	0	43,902,662,641	0	43,902,662,641	0	43,902,662,641

(4)해외사업환산손익	0	(340,376,776)	0	(340,376,776)	0	(340,376,776)

(5)현금흐름위험회피파생상품평가손익	0	(1,694,043,815)	0	(1,694,043,815)	0	(1,694,043,815)

(6)순확정급여부채 재측정요소	0	(389,364,692)	0	(389,364,692)	0	(389,364,692)

총기타포괄손익	0	41,122,147,980	0	41,122,147,980	0	41,122,147,980

총포괄손익	0	41,122,147,980	19,320,309,005	60,442,456,985	53,461,650	60,495,918,635

소유주와의 자본거래 등

1.연차배당	0	0	(200,038,878,270)	(200,038,878,270)	(52,200,000)	(200,091,078,270)

소유주와의 거래 합계	0	0	(200,038,878,270)	(200,038,878,270)	(52,200,000)	(200,091,078,270)

자본 증가(감소) 합계	0	41,122,147,980	(180,718,569,265)	(139,596,421,285)	1,261,650	(139,595,159,635)

2025.03.31 (Ⅳ.분기말자본)	174,553,995,000	63,429,611,641	4,792,597,172,184	5,030,580,778,825	5,289,672,366	5,035,870,451,191

## 2-4. 연결 현금흐름표

연결 현금흐름표
제 59 기 1분기 2025.01.01 부터 2025.03.31 까지
제 58 기 1분기 2024.01.01 부터 2024.03.31 까지
(단위 : 원)

제 59 기 1분기	제 58 기 1분기

영업활동현금흐름

Ⅰ.영업활동으로 인한 현금흐름	151,194,521,740	127,963,695,529

1.영업에서 창출된 현금흐름	116,980,542,849	85,456,104,244

(1)분기순이익	19,373,770,655	30,358,411,149

(2)손익조정항목	(371,773,309,936)	(15,452,237,673)

(3)자산부채증감	469,380,082,130	70,549,930,768

2.이자수취	43,270,137,232	49,765,834,587

3.이자지급	(527,967,864)	(559,424,887)

4.배당금 수취	0	2,226,000

5.법인세 납부	(8,528,190,477)	(6,701,044,415)

투자활동현금흐름

Ⅱ.투자활동으로 인한 현금흐름	(165,030,051,275)	(110,988,012,124)

1.유형자산의 취득	(7,079,357,953)	(159,157,527)

2.무형자산의 취득	(50,130,410,956)	(3,115,271,920)

3.당기손익-공정가치측정금융자산의 취득	(95,636,744,579)	(71,663,916,940)

4.당기손익-공정가치측정금융자산의 처분	103,588,781,142	61,423,501,506

5.기타포괄손익-공정가치측정금융자산의 취득	(594,264,933,362)	(361,650,980,992)

6.기타포괄손익-공정가치측정금융자산의 처분	497,551,877,242	270,429,553,999

7.상각후원가측정금융자산의 처분	6,500,000	9,145,000

8.위험회피활동으로 인한 현금유출	(648,491,106,507)	(403,255,418,240)

9.위험회피활동으로 인한 현금유입	630,684,167,616	396,457,800,560

10.임차보증금의 증가	(2,986,051,252)	(1,996,767,570)

11.임차보증금의 감소	1,727,227,334	2,533,500,000

재무활동현금흐름

Ⅲ.재무활동으로 인한 현금흐름	(4,598,801,435)	(4,438,481,821)

1.리스부채의 상환	(4,598,801,435)	(4,438,481,821)

Ⅳ.외화표시 현금및현금성자산에 대한 환율변동효과	(291,420,495)	2,839,030,913

Ⅴ.현금및현금성자산의순증가(감소)	(18,725,751,465)	15,376,232,497

Ⅵ.기초현금및현금성자산	173,384,495,828	158,495,310,299

Ⅶ.기말현금및현금성자산	154,658,744,363	173,871,542,796