2905 Mercuries: Announcement regarding the first-time application of IFRS 17 "Insurance Contracts" by the company's subsidiary, Mercuries Life Insurance Co., Ltd., and its impact on the company's shareholders' equity
Mercuries announced that its subsidiary, Mercuries Life Insurance, applied IFRS 17 "Insurance Contracts" from January 1, 2026, and restated prior financial statements, resulting in a change of NT$23,288,343 thousand in total shareholders' equity as of December 31, 2025.
📋 Article Processing Timeline
- 📰 Published: May 16, 2026 at 12:57
- 🔍 Collected: May 16, 2026 at 12:57 (0 min after Published)
- 🤖 AI Analyzed: May 16, 2026 at 13:22 (25 min after Collected)
Reporting Date: 2026/05/16
Announcement Date: 2026/05/15
Announcement Time: 18:23:12
Company Code: 2905
Company Name: Mercuries
Subject: Announcement regarding the first-time application of International Financial Reporting Standard 17 "Insurance Contracts" by the company's subsidiary, Mercuries Life Insurance Co., Ltd., and its impact on the company's shareholders' equity
Compliance Clause: Article 51
Date of Occurrence: 2026/05/15
Explanation:
1. Date of Occurrence: 2026/05/15
2. Company Name: Mercuries Investment Holdings Co., Ltd.
3. Relationship with the Company (please enter 'the company' or 'subsidiary'): The Company
4. Mutual shareholding ratio: Not applicable
5. Reason for Occurrence:
Mercuries Life Insurance Co., Ltd., a subsidiary of the Company, applied International Financial Reporting Standard 17 "Insurance Contracts" from January 1, 2026 (Republic of China calendar year 115), and retrospectively restated prior year financial statements. The details of the impact on the Company's shareholders' equity are as follows:
Unit: NTD Thousands
December 31, 2025 (Restated) March 31, 2025 (Restated) January 1, 2025 (Restated)
------------------------------- ---------------------------- ---------------------------
Increase (Decrease) in Capital Reserve
297,250 (834) 0
Increase (Decrease) in Retained Earnings
31,811,168 41,066,101 41,315,613
Increase (Decrease) in Other Equity
(8,820,075) 6,262,913 3,312,537
------------------------------- ---------------------------- ---------------------------
Total
23,288,343 47,328,180 44,628,150
------------------------------- ---------------------------- ---------------------------
6. Countermeasures: None.
7. Other matters to be explained (if the entity of the event or resolution is a public offering company or above, this material information also complies with Article 7, Paragraph 9 of the Enforcement Rules of the Securities and Exchange Act regarding matters that have a material impact on shareholders' equity or securities prices): None.
Announcement Date: 2026/05/15
Announcement Time: 18:23:12
Company Code: 2905
Company Name: Mercuries
Subject: Announcement regarding the first-time application of International Financial Reporting Standard 17 "Insurance Contracts" by the company's subsidiary, Mercuries Life Insurance Co., Ltd., and its impact on the company's shareholders' equity
Compliance Clause: Article 51
Date of Occurrence: 2026/05/15
Explanation:
1. Date of Occurrence: 2026/05/15
2. Company Name: Mercuries Investment Holdings Co., Ltd.
3. Relationship with the Company (please enter 'the company' or 'subsidiary'): The Company
4. Mutual shareholding ratio: Not applicable
5. Reason for Occurrence:
Mercuries Life Insurance Co., Ltd., a subsidiary of the Company, applied International Financial Reporting Standard 17 "Insurance Contracts" from January 1, 2026 (Republic of China calendar year 115), and retrospectively restated prior year financial statements. The details of the impact on the Company's shareholders' equity are as follows:
Unit: NTD Thousands
December 31, 2025 (Restated) March 31, 2025 (Restated) January 1, 2025 (Restated)
------------------------------- ---------------------------- ---------------------------
Increase (Decrease) in Capital Reserve
297,250 (834) 0
Increase (Decrease) in Retained Earnings
31,811,168 41,066,101 41,315,613
Increase (Decrease) in Other Equity
(8,820,075) 6,262,913 3,312,537
------------------------------- ---------------------------- ---------------------------
Total
23,288,343 47,328,180 44,628,150
------------------------------- ---------------------------- ---------------------------
6. Countermeasures: None.
7. Other matters to be explained (if the entity of the event or resolution is a public offering company or above, this material information also complies with Article 7, Paragraph 9 of the Enforcement Rules of the Securities and Exchange Act regarding matters that have a material impact on shareholders' equity or securities prices): None.