Unipol Gruppo S.p.A. (BIT: UNI)

Unipol Gruppo Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Premiums & Annuity Revenue	10,331	10,208	8,739	11,879	11,349	13,263
Total Interest & Dividend Income	38	88	493	1,261	1,243	1,487
Gain (Loss) on Sale of Investments	409	471	-682	61.3	438.1	529.2
Other Revenue	713	700	415	1,371	766.8	1,364
Total Revenue	11,491	11,467	8,965	14,572	13,797	16,642
Revenue Growth (YoY)	15.19%	27.91%	-38.48%	5.62%	-17.10%	17.56%
Policy Benefits	9,762	9,801	7,665	9,809	8,844	11,350
Policy Acquisition & Underwriting Costs	-	-	-	1,894	1,865	1,885
Selling, General & Administrative	533	489	390	683.6	623.8	697.5
Other Operating Expenses	-1,238	-1,085	-500	1,184	1,311	1,130
Total Operating Expenses	9,158	9,205	7,555	13,571	12,644	15,062
Operating Income	2,333	2,262	1,410	1,001	1,153	1,579
Interest Expense	-213	-186	-152	-160.8	-163.5	-169.1
Earnings From Equity Investments	-	-	-	-1.6	-0.5	-0.3
Currency Exchange Gain (Loss)	2	-11	-3	45.4	14.5	24.9
Other Non Operating Income (Expenses)	-11	-10	-14	2.1	1.3	-123.5
EBT Excluding Unusual Items	2,111	2,055	1,241	885.9	1,005	1,311
Gain (Loss) on Sale of Assets	-	-	-	73.2	5.7	-26.7
Asset Writedown	-510	-510	-383	-42.5	2.5	-18.1
Other Unusual Items	24	20	17	34.2	13	20.8
Pretax Income	1,625	1,565	875	950.8	1,026	1,287
Income Tax Expense	256	234	200	154.6	161.7	200.7
Earnings From Continuing Ops.	1,369	1,331	675	796.2	864.1	1,087
Net Income to Company	1,369	1,331	675	796.2	864.1	1,087
Minority Interest in Earnings	-173	-230	-150	-169.6	-156.7	-184.1
Net Income	1,196	1,101	525	626.6	707.4	902.5
Net Income to Common	1,196	1,101	525	626.6	707.4	902.5
Net Income Growth	107.28%	109.71%	-16.21%	-11.42%	-21.62%	124.84%
Shares Outstanding (Basic)	716	716	715	716	716	716
Shares Outstanding (Diluted)	716	716	715	716	716	716
Shares Change (YoY)	0.07%	0.14%	-0.15%	-	0.01%	0.35%
EPS (Basic)	1.67	1.54	0.73	0.88	0.99	1.26
EPS (Diluted)	1.67	1.54	0.73	0.88	0.99	1.26
EPS Growth	107.13%	109.42%	-16.09%	-11.42%	-21.63%	124.05%
Free Cash Flow	156	244	905	1,409	503.1	1,335
Free Cash Flow Per Share	0.22	0.34	1.27	1.97	0.70	1.86
Dividend Per Share	0.380	0.380	0.370	0.580	0.280	0.280
Dividend Growth	2.70%	2.70%	-36.21%	107.14%	0%	55.56%
Operating Margin	20.30%	19.73%	15.73%	6.87%	8.36%	9.49%
Profit Margin	10.41%	9.60%	5.86%	4.30%	5.13%	5.42%
Free Cash Flow Margin	1.36%	2.13%	10.09%	9.67%	3.65%	8.02%
EBITDA	2,901	2,829	1,461	1,051	1,505	2,158
EBITDA Margin	25.25%	24.67%	16.30%	7.21%	10.91%	12.97%
D&A For EBITDA	568	567	51	49.7	351.8	578.5
EBIT	2,333	2,262	1,410	1,001	1,153	1,579
EBIT Margin	20.30%	19.73%	15.73%	6.87%	8.36%	9.49%
Effective Tax Rate	15.75%	14.95%	22.86%	16.26%	15.76%	15.59%
Revenue as Reported	-	-	-	15,138	14,322	16,982

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