Abu Dhabi National Takaful Company PSC (ADX: TKFL)

TKFL Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Premiums & Annuity Revenue	922.65	887.23	624.14	122.42	157.01	206.97
Total Interest & Dividend Income	50.35	41.65	33.9	47.43	26.8	28.12
Gain (Loss) on Sale of Investments	-0.33	-0.33	0.24	1.7	2.67	2.98
Other Revenue	-	-	-	22.08	19.14	15.81
Total Revenue	972.74	928.62	658.28	193.63	205.61	253.89
Revenue Growth (YoY)	30.57%	41.07%	239.97%	-5.83%	-19.01%	22.99%
Policy Benefits	835.12	880.71	649.74	44.86	24.27	107.38
Selling, General & Administrative	64.72	58.07	52.73	42.34	48.1	60.33
Other Operating Expenses	-194.45	-90.23	-100.06	20.82	31.05	26.54
Total Operating Expenses	877.32	836.22	592.6	108.02	103.41	194.25
Operating Income	95.42	92.4	65.68	85.61	102.2	59.64
Other Non Operating Income (Expenses)	-	-	-	-	-	14.4
EBT Excluding Unusual Items	95.42	92.4	65.68	85.61	102.2	74.04
Gain (Loss) on Sale of Assets	-	-	-	-0	0	0.03
Asset Writedown	10.64	10.64	1.04	2.41	-3.91	-1.41
Other Unusual Items	-	-	-	-	-19.9	-
Pretax Income	106.06	103.04	66.72	88.02	78.4	72.66
Net Income	100.97	103.04	66.72	88.02	78.4	72.66
Net Income to Common	100.97	103.04	66.72	88.02	78.4	72.66
Net Income Growth	50.62%	54.45%	-24.21%	12.28%	7.90%	6.31%
Shares Outstanding (Basic)	105	105	105	105	105	105
Shares Outstanding (Diluted)	105	105	105	105	105	105
EPS (Basic)	0.96	0.98	0.64	0.84	0.75	0.69
EPS (Diluted)	0.96	0.98	0.64	0.84	0.75	0.69
EPS Growth	50.62%	54.45%	-24.21%	12.28%	7.90%	6.85%
Free Cash Flow	72.09	156.96	-15.81	-47.42	9.48	115.28
Free Cash Flow Per Share	0.69	1.49	-0.15	-0.45	0.09	1.10
Dividend Per Share	0.315	0.315	0.257	0.238	0.191	0.238
Dividend Growth	22.52%	22.52%	7.98%	24.99%	-19.99%	24.99%
Operating Margin	9.81%	9.95%	9.98%	44.21%	49.71%	23.49%
Profit Margin	10.38%	11.10%	10.14%	45.46%	38.13%	28.62%
Free Cash Flow Margin	7.41%	16.90%	-2.40%	-24.49%	4.61%	45.40%
EBITDA	97.38	94.51	67.58	87.17	104.28	63.23
EBITDA Margin	10.01%	10.18%	10.27%	45.02%	50.71%	24.90%
D&A For EBITDA	1.96	2.11	1.9	1.56	2.07	3.59
EBIT	95.42	92.4	65.68	85.61	102.2	59.64
EBIT Margin	9.81%	9.95%	9.98%	44.21%	49.71%	23.49%

Source: S&P Capital IQ. Insurance template. Financial Sources.