La Positiva Seguros y Reaseguros S.A. (BVL:POSITIC1)

BVL:POSITIC1 Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	1,874	1,832	1,765	1,437	1,324	1,132
Total Interest & Dividend Income	357.77	348.54	436.35	417.87	329.01	266.39
Gain (Loss) on Sale of Investments	-33.88	37.55	-26.77	-0.21	17.26	17.63
Other Revenue	21.81	19.14	19.14	30.6	25.38	3.62
Total Revenue	2,219	2,237	2,193	1,886	1,696	1,420
Revenue Growth (YoY)	-1.99%	1.99%	16.33%	11.19%	19.46%	-15.90%
Policy Benefits	1,126	1,056	1,100	1,049	923.55	649.07
Policy Acquisition & Underwriting Costs	416.9	410.08	401.2	357.29	326.5	297.64
Amortization of Goodwill & Intangibles	11.33	10.74	9.9	10.19	10.03	10.59
Depreciation & Amortization	7.26	7.32	7.52	7.19	9	6.91
Selling, General & Administrative	50.69	100.82	140.12	142.01	135.06	107.21
Provision for Bad Debts	-1.3	-1.3	-	-	1.12	1.23
Other Operating Expenses	80.86	94.73	72.67	58.92	21.3	53.78
Total Operating Expenses	1,872	1,856	1,898	1,789	1,578	1,276
Operating Income	347.81	381.44	295.33	96.25	117.67	143.92
Interest Expense	-12.65	-13.26	-11.89	-9.2	-10.83	-11.56
Earnings From Equity Investments	-	-	-	-	-	-1.33
Currency Exchange Gain (Loss)	-1.7	2.78	4.84	7.7	6.8	0.27
Other Non Operating Income (Expenses)	0.1	0.1	-6.52	1.63	0.6	-2.02
EBT Excluding Unusual Items	333.55	371.07	281.75	96.38	114.24	129.28
Gain (Loss) on Sale of Assets	3.3	3.3	6.95	11.59	0.58	1.25
Asset Writedown	-1.55	-1.55	-13.68	0.04	0.25	2.88
Other Unusual Items	-	-	-	0.36	4.28	2.41
Pretax Income	335.3	372.82	275.02	108.37	119.34	135.82
Income Tax Expense	22.55	20.82	4.62	9.41	9.47	30.72
Earnings From Continuing Ops.	312.76	352	270.4	98.96	109.87	105.09
Minority Interest in Earnings	-121.32	-136.43	-120.26	-35.26	-36.62	-20.24
Net Income	191.43	215.57	150.14	63.7	73.25	84.85
Net Income to Common	191.43	215.57	150.14	63.7	73.25	84.85
Net Income Growth	5.43%	43.58%	135.69%	-13.03%	-13.68%	43.05%
Shares Outstanding (Basic)	773	773	773	773	773	773
Shares Outstanding (Diluted)	773	773	773	773	773	773
Shares Change (YoY)	-4.69%	-	-	-	-	-
EPS (Basic)	0.25	0.28	0.19	0.08	0.09	0.11
EPS (Diluted)	0.25	0.28	0.19	0.08	0.09	0.11
EPS Growth	10.82%	43.58%	135.69%	-12.98%	-13.73%	43.30%
Free Cash Flow	340.32	299.91	396.76	197.83	200.77	285.26
Free Cash Flow Per Share	0.44	0.39	0.51	0.26	0.26	0.37
Dividend Per Share	0.077	0.077	-	-	-	0.046
Operating Margin	15.67%	17.05%	13.46%	5.10%	6.94%	10.14%
Profit Margin	8.63%	9.64%	6.84%	3.38%	4.32%	5.98%
Free Cash Flow Margin	15.33%	13.41%	18.09%	10.49%	11.84%	20.09%
EBITDA	359.78	393.59	306.2	106.96	130.25	154.48
EBITDA Margin	16.21%	17.59%	13.96%	5.67%	7.68%	10.88%
D&A For EBITDA	11.97	12.15	10.87	10.71	12.58	10.56
EBIT	347.81	381.44	295.33	96.25	117.67	143.92
EBIT Margin	15.67%	17.05%	13.46%	5.10%	6.94%	10.14%
Effective Tax Rate	6.72%	5.58%	1.68%	8.69%	7.94%	22.62%

Updated Feb 28, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.