NN Group Income Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Premiums & Annuity Revenue	8,642	8,216	8,166	7,719	12,820	12,602
Total Interest & Dividend Income	4,213	-664	1,309	6,358	3,885	3,960
Gain (Loss) on Sale of Investments	551	4,049	3,553	-6,075	1,666	654
Other Revenue	1,048	1,019	151	506	713	1,527
Total Revenue	14,454	12,620	13,179	8,508	19,084	18,743
Revenue Growth (YoY)	11.81%	-4.24%	54.90%	-55.42%	1.82%	-7.54%
Policy Benefits	5,429	5,093	5,144	4,880	11,943	11,943
Policy Acquisition & Underwriting Costs	441	415	363	362	1,269	1,222
Amortization of Goodwill & Intangibles	-	-	-	-	33	27
Selling, General & Administrative	2,765	2,708	3,053	2,622	72	65
Other Operating Expenses	-177	-245	-48	-134	939	894
Reinsurance Income or Expense	-201	-198	-236	-52	-	-
Total Operating Expenses	8,659	8,169	8,748	7,782	15,666	15,611
Operating Income	5,795	4,451	4,431	726	3,418	3,132
Interest Expense	-3,207	-3,201	-2,865	-	-521	-511
Currency Exchange Gain (Loss)	-824	673	-50	-	672	-434
EBT Excluding Unusual Items	1,764	1,923	1,516	726	3,569	2,187
Merger & Restructuring Charges	-	-	-	-	-31	-82
Gain (Loss) on Sale of Assets	-124	13	16	-78	53	100
Asset Writedown	-	-	-	-	241	-21
Other Unusual Items	-	-	-	-	-	12
Pretax Income	1,640	1,936	1,532	648	3,832	2,196
Income Tax Expense	300	334	348	108	669	385
Earnings From Continuing Ops.	1,340	1,602	1,184	540	3,163	1,811
Earnings From Discontinued Ops.	-	-	-	1,089	127	111
Net Income to Company	1,340	1,602	1,184	1,629	3,290	1,922
Minority Interest in Earnings	-14	-19	-12	5	-12	-18
Net Income	1,326	1,583	1,172	1,634	3,278	1,904
Preferred Dividends & Other Adjustments	62	66	51	58	59	59
Net Income to Common	1,264	1,517	1,121	1,576	3,219	1,845
Net Income Growth	7.46%	35.07%	-28.27%	-50.15%	72.16%	-2.96%
Shares Outstanding (Basic)	268	272	277	296	309	314
Shares Outstanding (Diluted)	268	272	278	296	309	315
Shares Change (YoY)	-2.36%	-2.02%	-6.16%	-4.40%	-1.69%	-4.96%
EPS (Basic)	4.71	5.58	4.04	5.33	10.42	5.87
EPS (Diluted)	4.71	5.58	4.04	5.33	10.41	5.87
EPS Growth	11.12%	38.12%	-24.25%	-48.77%	77.35%	2.09%
Free Cash Flow	249	-401	62	-8,119	-2,641	6,953
Free Cash Flow Per Share	0.93	-1.48	0.22	-27.46	-8.54	22.10
Dividend Per Share	3.540	3.440	3.200	2.790	2.490	3.730
Dividend Growth	5.36%	7.50%	14.70%	12.05%	-33.24%	390.79%
Operating Margin	40.09%	35.27%	33.62%	8.53%	17.91%	16.71%
Profit Margin	8.74%	12.02%	8.51%	18.52%	16.87%	9.84%
Free Cash Flow Margin	1.72%	-3.18%	0.47%	-95.43%	-13.84%	37.10%
EBITDA	5,865	4,528	4,502	793	3,482	3,193
EBITDA Margin	40.58%	35.88%	34.16%	9.32%	18.25%	17.04%
D&A For EBITDA	70	77	71	67	64	61
EBIT	5,795	4,451	4,431	726	3,418	3,132
EBIT Margin	40.09%	35.27%	33.62%	8.53%	17.91%	16.71%
Effective Tax Rate	18.29%	17.25%	22.71%	16.67%	17.46%	17.53%

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