Abu Dhabi National Insurance Company PJSC (ADX:ADNIC)

ADX:ADNIC Income Statement

Financials in millions AED. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	11,187	12,080	6,706	6,205	1,403	1,333
Total Interest & Dividend Income	187.19	211.52	178.35	147.96	146	140.77
Gain (Loss) on Sale of Investments	27.39	18.35	38.14	-15.04	15.16	-6.92
Other Revenue	-	-	-	-	234.34	201.06
Total Revenue	11,402	12,310	6,922	6,338	1,799	1,668
Revenue Growth (YoY)	20.97%	77.82%	9.23%	252.30%	7.88%	-2.01%
Policy Benefits	10,103	11,049	5,975	5,528	912.58	831.37
Policy Acquisition & Underwriting Costs	548.03	548.03	335.42	279.9	233.29	205.21
Selling, General & Administrative	10.05	10.05	5.78	6.36	229.99	231.66
Provision for Bad Debts	-	-	-	-	4.28	9.26
Other Operating Expenses	249.67	247.77	202.7	172.94	-	-
Total Operating Expenses	10,910	11,855	6,519	5,988	1,380	1,277
Operating Income	491.54	454.59	403.32	350.06	418.78	390.1
EBT Excluding Unusual Items	491.54	454.59	403.32	350.06	418.78	390.1
Asset Writedown	11.85	11.85	-2.15	7.55	-16.97	-19.05
Pretax Income	503.39	466.44	401.17	357.61	401.82	371.05
Income Tax Expense	53.82	46.98	0	0.02	0.02	0.05
Earnings From Continuing Ops.	449.57	419.46	401.16	357.59	401.8	371
Minority Interest in Earnings	-9.17	-2.65	-	-	-	-
Net Income	440.39	416.81	401.16	357.59	401.8	371
Net Income to Common	440.39	416.81	401.16	357.59	401.8	371
Net Income Growth	9.69%	3.90%	12.19%	-11.00%	8.30%	30.52%
Shares Outstanding (Basic)	570	570	570	570	570	570
Shares Outstanding (Diluted)	570	570	570	570	570	570
EPS (Basic)	0.77	0.73	0.70	0.63	0.70	0.65
EPS (Diluted)	0.77	0.73	0.70	0.63	0.70	0.65
EPS Growth	9.69%	3.90%	12.19%	-11.00%	8.30%	29.93%
Free Cash Flow	-49.94	23.76	283.47	316	523.7	174.04
Free Cash Flow Per Share	-0.09	0.04	0.50	0.55	0.92	0.30
Dividend Per Share	0.450	0.450	0.450	0.400	0.400	0.350
Dividend Growth	-	-	12.50%	-	14.29%	16.67%
Operating Margin	4.31%	3.69%	5.83%	5.52%	23.28%	23.39%
Profit Margin	3.86%	3.39%	5.79%	5.64%	22.34%	22.25%
Free Cash Flow Margin	-0.44%	0.19%	4.09%	4.99%	29.11%	10.44%
EBITDA	518.06	479.22	424.09	369.78	436.05	406.39
EBITDA Margin	4.54%	3.89%	6.13%	5.83%	24.24%	24.37%
D&A For EBITDA	26.51	24.63	20.77	19.72	17.27	16.3
EBIT	491.54	454.59	403.32	350.06	418.78	390.1
EBIT Margin	4.31%	3.69%	5.83%	5.52%	23.28%	23.39%
Effective Tax Rate	10.69%	10.07%	0.00%	0.01%	0.00%	0.01%

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.