BUD:CIGPANNONIA Income Statement

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

Millions HUF. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Premiums & Annuity Revenue	28,345	21,844	17,910	12,236	22,333
Total Interest & Dividend Income	1,575	3,194	2,690	3,358	403.68
Gain (Loss) on Sale of Investments	-	-	-	-2,487	11,544
Other Revenue	817	1,082	587	489.78	1,469
Total Revenue	30,737	26,120	21,187	13,597	35,749
Revenue Growth (YoY)	17.68%	23.28%	55.83%	-61.97%	41.86%
Policy Benefits	25,902	24,067	16,369	10,907	27,719
Policy Acquisition & Underwriting Costs	-	-	-	-	4,154
Selling, General & Administrative	-	-	-	-	14.91
Other Operating Expenses	699	630	219	391.4	1,968
Total Operating Expenses	26,601	24,697	16,588	11,298	33,855
Operating Income	4,136	1,423	4,599	2,298	1,894
Interest Expense	-	-19	-11	-15.76	-12.73
Currency Exchange Gain (Loss)	-	-222	-948	-472.01	-84.24
Other Non Operating Income (Expenses)	-	-	-	0.05	0.39
EBT Excluding Unusual Items	4,136	1,182	3,640	1,811	1,797
Gain (Loss) on Sale of Assets	-	-	-	-	2.72
Asset Writedown	-	-	-3	-0.3	-13.55
Pretax Income	4,136	1,182	3,637	1,810	1,787
Income Tax Expense	178	-97	763	275.38	104.64
Earnings From Continuing Ops.	3,958	1,279	2,874	1,535	1,682
Net Income to Company	3,958	1,279	2,874	1,535	1,682
Minority Interest in Earnings	-	-	-	-	-6.81
Net Income	3,958	1,279	2,874	1,535	1,675
Net Income to Common	3,958	1,279	2,874	1,535	1,675
Net Income Growth	209.46%	-55.50%	87.25%	-8.37%	150.83%
Shares Outstanding (Basic)	94	94	94	94	94
Shares Outstanding (Diluted)	94	94	94	94	94
EPS (Basic)	42.13	13.61	30.59	16.34	17.82
EPS (Diluted)	41.90	13.50	30.40	16.30	17.70
EPS Growth	210.37%	-55.59%	86.50%	-7.91%	149.30%
Free Cash Flow	-2,436	2,305	4,666	1,524	4,217
Free Cash Flow Per Share	-25.80	24.41	49.41	16.14	44.66
Dividend Per Share	-	-	33.000	18.000	18.000
Dividend Growth	-	-	83.33%	-	-
Operating Margin	13.46%	5.45%	21.71%	16.90%	5.30%
Profit Margin	12.88%	4.90%	13.56%	11.29%	4.69%
Free Cash Flow Margin	-7.92%	8.82%	22.02%	11.21%	11.80%
EBITDA	4,667	1,745	4,930	2,543	2,172
EBITDA Margin	15.18%	6.68%	23.27%	18.71%	6.08%
D&A For EBITDA	531	322	331	245.13	277.89
EBIT	4,136	1,423	4,599	2,298	1,894
EBIT Margin	13.46%	5.45%	21.71%	16.90%	5.30%
Effective Tax Rate	4.30%	-	20.98%	15.21%	5.86%
Revenue as Reported	-	-	-	-	36,405

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