Mapfre Perú Compañía de Seguros y Reaseguros S.A. (BVL: MAPFSGC1)

BVL: MAPFSGC1 Income Statement

Financials in millions PEN. 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	1,870	1,744	1,462	1,333	434.83	402.23
Total Interest & Dividend Income	167.29	152.02	120.05	100.54	66.04	66.09
Gain (Loss) on Sale of Investments	-10.55	-2.63	-13.76	-19.7	-1.5	53.55
Other Revenue	122.27	116.36	107.47	166.73	76.18	56.25
Total Revenue	2,149	2,010	1,676	1,581	575.55	578.12
Revenue Growth (YoY)	9.34%	19.94%	5.98%	174.69%	-0.44%	10.68%
Policy Benefits	625	664.91	485.18	500.76	116.02	140.42
Policy Acquisition & Underwriting Costs	689.24	629.97	563.19	423.47	190.96	175.55
Amortization of Goodwill & Intangibles	30.18	14.76	13.39	11.02	0.13	0.14
Depreciation & Amortization	21.3	11.56	12.29	10.32	3.21	4.28
Selling, General & Administrative	13.25	125.08	147.2	102.69	87.93	88.01
Provision for Bad Debts	4.26	2.99	-0.1	2.71	3.18	2.7
Other Operating Expenses	300.64	258.83	149.22	232.77	61.18	45.4
Total Operating Expenses	1,965	1,866	1,524	1,446	517.55	517.49
Operating Income	183.98	143.99	151.16	134.93	57.99	60.63
Interest Expense	-1.47	-1.45	-1.66	-1.89	-0.1	-0.08
Currency Exchange Gain (Loss)	-1.16	-1.16	3.83	1.25	-3.04	0.28
EBT Excluding Unusual Items	182.55	141.38	153.32	134.29	54.85	60.84
Gain (Loss) on Sale of Investments	-	-	-	-5.64	-5.21	-3.47
Gain (Loss) on Sale of Assets	6.82	6.33	3.15	1.86	12.55	-
Asset Writedown	-	-	0.53	0.58	-0.05	-0.04
Pretax Income	189.37	147.7	157.01	131.09	62.13	57.33
Income Tax Expense	-2.61	2.41	-28.34	19.99	-2.11	-5.18
Net Income	191.98	145.29	185.34	111.1	64.25	62.51
Net Income to Common	191.98	145.29	185.34	111.1	64.25	62.51
Net Income Growth	29.77%	-21.61%	66.82%	72.93%	2.78%	-22.70%
Shares Outstanding (Basic)	551	551	551	551	159	159
Shares Outstanding (Diluted)	551	551	551	551	159	159
Shares Change (YoY)	-0.05%	-	-	246.65%	-	-0.00%
EPS (Basic)	0.35	0.26	0.34	0.20	0.40	0.39
EPS (Diluted)	0.35	0.26	0.34	0.20	0.40	0.39
EPS Growth	29.64%	-21.68%	66.73%	-50.11%	2.78%	-22.70%
Free Cash Flow	600.02	433.35	565.25	353.53	239.08	274.27
Free Cash Flow Per Share	1.09	0.79	1.03	0.64	1.50	1.73
Dividend Per Share	-	-	0.073	-	-	-
Operating Margin	8.56%	7.16%	9.02%	8.53%	10.08%	10.49%
Profit Margin	8.93%	7.23%	11.06%	7.03%	11.16%	10.81%
Free Cash Flow Margin	27.92%	21.56%	33.74%	22.36%	41.54%	47.44%
EBITDA	188.85	158.01	164.02	146.2	61.45	65.07
EBITDA Margin	8.79%	7.86%	9.79%	9.25%	10.68%	11.26%
D&A For EBITDA	4.87	14.02	12.87	11.27	3.45	4.44
EBIT	183.98	143.99	151.16	134.93	57.99	60.63
EBIT Margin	8.56%	7.16%	9.02%	8.53%	10.08%	10.49%
Effective Tax Rate	-	1.63%	-	15.25%	-	-

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