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	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	1,880	1,744	1,462	1,333	434.83
Total Interest & Dividend Income	170.78	157.14	123.02	100.54	66.04
Gain (Loss) on Sale of Investments	-1.23	-4.85	-13.76	-19.7	-1.5
Other Revenue	122.19	116.36	107.47	166.73	76.18
Total Revenue	2,171	2,012	1,678	1,581	575.55
Revenue Growth (YoY)	7.90%	19.90%	6.17%	174.69%	-0.45%
Policy Benefits	603.22	664.91	485.18	500.76	116.02
Policy Acquisition & Underwriting Costs	707.73	629.97	563.19	423.47	190.96
Amortization of Goodwill & Intangibles	22.32	14.76	13.39	11.02	0.13
Depreciation & Amortization	12.87	11.56	12.29	10.32	3.21
Selling, General & Administrative	141.01	125.08	147.2	102.69	87.93
Provision for Bad Debts	-0.46	2.99	-0.1	2.71	3.18
Other Operating Expenses	328.62	258.83	149.22	232.77	61.18
Total Operating Expenses	1,997	1,866	1,524	1,446	517.55
Operating Income	173.95	146.89	154.12	134.93	57.99
Interest Expense	-1.46	-1.45	-1.66	-1.89	-0.1
Currency Exchange Gain (Loss)	-2.3	-1.16	3.83	1.25	-3.04
EBT Excluding Unusual Items	170.19	144.28	156.29	134.29	54.85
Gain (Loss) on Sale of Investments	-	-	-	-5.64	-5.21
Gain (Loss) on Sale of Assets	41.03	3.43	0.19	1.86	12.55
Asset Writedown	-	-	0.53	0.58	-0.05
Pretax Income	211.22	147.7	157.01	131.09	62.13
Income Tax Expense	14.59	2.41	-28.34	19.99	-2.11
Net Income	196.63	145.29	185.34	111.1	64.25
Net Income to Common	196.63	145.29	185.34	111.1	64.25
Net Income Growth	35.33%	-21.61%	66.82%	72.93%	2.78%
Shares Outstanding (Basic)	636	636	636	636	183
Shares Outstanding (Diluted)	636	636	636	636	183
Shares Change (YoY)	-	-	-	246.65%	-
EPS (Basic)	0.31	0.23	0.29	0.17	0.35
EPS (Diluted)	0.31	0.23	0.29	0.17	0.35
EPS Growth	35.33%	-21.55%	66.70%	-50.11%	2.78%
Free Cash Flow	615.4	433.35	565.25	353.53	239.08
Free Cash Flow Per Share	0.97	0.68	0.89	0.56	1.30
Dividend Per Share	0.142	-	0.063	-	-
Operating Margin	8.01%	7.30%	9.18%	8.54%	10.08%
Profit Margin	9.05%	7.22%	11.04%	7.03%	11.16%
Free Cash Flow Margin	28.34%	21.53%	33.68%	22.36%	41.54%
EBITDA	189.35	160.91	166.99	146.2	61.45
EBITDA Margin	8.72%	8.00%	9.95%	9.25%	10.68%
D&A For EBITDA	15.4	14.02	12.87	11.27	3.45
EBIT	173.95	146.89	154.12	134.93	57.99
EBIT Margin	8.01%	7.30%	9.18%	8.54%	10.08%
Effective Tax Rate	6.91%	1.63%	-	15.25%	-

Updated Mar 14, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.