Kompanija Dunav Osiguranje a.d.o. (BELEX:DNOS)

BELEX:DNOS Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	38,343	32,450	29,294	28,737	27,023
Total Interest & Dividend Income	2,144	1,870	1,290	1,284	1,466
Gain (Loss) on Sale of Investments	66.36	-21.16	957.45	32.37	-61.1
Other Revenue	9,662	6,457	4,699	3,357	2,727
Total Revenue	50,215	40,756	36,241	33,410	31,154
Revenue Growth (YoY)	23.21%	12.46%	8.47%	7.24%	5.06%
Policy Benefits	30,317	26,052	23,036	19,452	16,972
Policy Acquisition & Underwriting Costs	7,381	8,646	8,275	6,597	6,739
Amortization of Goodwill & Intangibles	-	-	-	-	255.58
Depreciation & Amortization	348.11	467.65	463.66	361.26	-
Selling, General & Administrative	2,473	1,253	1,260	1,499	1,184
Provision for Bad Debts	1,484	927.9	1,064	-	651.25
Other Operating Expenses	5,243	2,809	2,257	2,126	1,020
Reinsurance Income or Expense	830.46	1,697	1,444	542.47	490.34
Total Operating Expenses	47,673	39,665	36,153	30,583	27,055
Operating Income	2,543	1,091	88.18	2,827	4,100
Interest Expense	-205.95	-338.46	-47.03	-14.87	-15.23
Currency Exchange Gain (Loss)	-29.99	142.88	-2.87	1.72	-15.18
Other Non Operating Income (Expenses)	1,517	1,480	1,618	184.57	102.23
EBT Excluding Unusual Items	3,824	2,376	1,656	2,999	4,172
Gain (Loss) on Sale of Investments	-	-	-5.05	-	-
Gain (Loss) on Sale of Assets	109.36	408.28	-11.45	61.69	28.22
Asset Writedown	70.43	31.35	16.62	-6.41	-63.36
Other Unusual Items	8.55	34.1	5.47	7.05	8.21
Pretax Income	4,012	2,850	1,662	3,061	4,145
Income Tax Expense	353.85	251.2	139.85	413.61	446.97
Earnings From Continuing Ops.	3,658	2,598	1,522	2,647	3,698
Earnings From Discontinued Ops.	-22.56	-20.58	-14.47	-16.41	-9.14
Net Income to Company	3,636	2,578	1,508	2,631	3,689
Minority Interest in Earnings	-101.29	-90.34	-56.02	-36.69	-52.25
Net Income	3,535	2,488	1,452	2,594	3,636
Net Income to Common	3,535	2,488	1,452	2,594	3,636
Net Income Growth	42.09%	71.37%	-44.05%	-28.66%	23.65%
Shares Outstanding (Basic)	21	15	14	10	9
Shares Outstanding (Diluted)	21	15	14	10	9
Shares Change (YoY)	42.09%	2.90%	48.31%	9.23%	-
EPS (Basic)	170.00	170.00	102.08	270.55	414.23
EPS (Diluted)	170.00	170.00	102.08	270.55	414.23
EPS Growth	0%	66.54%	-62.27%	-34.69%	23.65%
Free Cash Flow	3,896	2,694	872.47	1,518	4,089
Free Cash Flow Per Share	187.39	184.14	61.35	158.36	465.79
Dividend Per Share	121.450	51.640	33.890	103.440	359.630
Dividend Growth	135.19%	52.38%	-67.24%	-71.24%	206.28%
Operating Margin	5.06%	2.68%	0.24%	8.46%	13.16%
Profit Margin	7.04%	6.10%	4.00%	7.76%	11.67%
Free Cash Flow Margin	7.76%	6.61%	2.41%	4.54%	13.13%
EBITDA	4,028	2,210	451.55	3,353	4,506
EBITDA Margin	8.02%	5.42%	1.25%	10.04%	14.46%
D&A For EBITDA	1,486	1,118	363.38	525.61	406.73
EBIT	2,543	1,091	88.18	2,827	4,100
EBIT Margin	5.06%	2.68%	0.24%	8.46%	13.16%
Effective Tax Rate	8.82%	8.82%	8.42%	13.51%	10.78%

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.