BVL:MAPFSGC1 Income Statement

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

Millions PEN. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	2,136	2,106	1,880	1,744	1,462	1,333
Total Interest & Dividend Income	231.36	231.36	190.77	157.14	123.02	100.54
Gain (Loss) on Sale of Investments	-11.6	-11.6	-1.23	-4.85	-13.76	-19.7
Other Revenue	145.78	138.9	122.72	116.36	107.47	166.73
Total Revenue	2,502	2,465	2,192	2,012	1,678	1,581
Revenue Growth (YoY)	12.61%	12.45%	8.92%	19.90%	6.17%	174.69%
Policy Benefits	775.48	700.54	603.22	664.91	485.18	500.76
Policy Acquisition & Underwriting Costs	868.46	836.25	707.73	629.97	563.19	423.47
Amortization of Goodwill & Intangibles	16.67	16.67	22.32	14.76	13.39	11.02
Depreciation & Amortization	11.78	11.78	12.87	11.56	12.29	10.32
Selling, General & Administrative	149.39	149	141.01	125.08	147.2	102.69
Provision for Bad Debts	1.77	1.77	-0.46	2.99	-0.1	2.71
Other Operating Expenses	247.16	302.82	329.15	258.83	149.22	232.77
Total Operating Expenses	2,256	2,204	1,998	1,866	1,524	1,446
Operating Income	245.79	260.7	193.94	146.89	154.12	134.93
Interest Expense	-2.46	-2.46	-1.46	-1.45	-1.66	-1.89
Currency Exchange Gain (Loss)	12.01	1.56	-2.3	-1.16	3.83	1.25
Other Non Operating Income (Expenses)	-9.32	-19.89	-19.99	-	-	-
EBT Excluding Unusual Items	246.02	239.91	170.19	144.28	156.29	134.29
Gain (Loss) on Sale of Investments	-	-	-	-	-	-5.64
Gain (Loss) on Sale of Assets	7.87	7.87	41.03	3.43	0.19	1.86
Asset Writedown	-	-	-	-	0.53	0.58
Pretax Income	253.9	247.79	211.22	147.7	157.01	131.09
Income Tax Expense	34.57	40.27	14.59	2.41	-28.34	19.99
Net Income	219.33	207.52	196.63	145.29	185.34	111.1
Net Income to Common	219.33	207.52	196.63	145.29	185.34	111.1
Net Income Growth	15.85%	5.54%	35.33%	-21.61%	66.82%	72.93%
Shares Outstanding (Basic)	748	726	726	726	726	726
Shares Outstanding (Diluted)	748	726	726	726	726	726
Shares Change (YoY)	3.03%	-	-	-	-	246.65%
EPS (Basic)	0.29	0.29	0.27	0.20	0.26	0.15
EPS (Diluted)	0.29	0.29	0.27	0.20	0.26	0.15
EPS Growth	12.43%	5.54%	35.33%	-21.56%	66.72%	-50.11%
Free Cash Flow	860.87	777.03	615.4	433.35	565.25	353.53
Free Cash Flow Per Share	1.15	1.07	0.85	0.60	0.78	0.49
Dividend Per Share	-	-	0.124	0.114	0.055	-
Dividend Growth	-	-	8.39%	107.62%	-	-
Operating Margin	9.82%	10.58%	8.85%	7.30%	9.18%	8.54%
Profit Margin	8.77%	8.42%	8.97%	7.22%	11.04%	7.03%
Free Cash Flow Margin	34.41%	31.52%	28.08%	21.53%	33.68%	22.36%
EBITDA	259.37	274.43	209.34	160.91	166.99	146.2
EBITDA Margin	10.37%	11.13%	9.55%	8.00%	9.95%	9.25%
D&A For EBITDA	13.58	13.73	15.4	14.02	12.87	11.27
EBIT	245.79	260.7	193.94	146.89	154.12	134.93
EBIT Margin	9.82%	10.58%	8.85%	7.30%	9.18%	8.54%
Effective Tax Rate	13.61%	16.25%	6.91%	1.63%	-	15.25%

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