Softlogic Life Insurance Income Statement

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

Millions LKR. 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	40,617	37,338	29,064	23,850	20,405	18,196
Total Interest & Dividend Income	4,272	5,627	6,791	6,977	4,991	2,355
Gain (Loss) on Sale of Investments	1,874	1,972	5,588	-34.42	-2,020	437.31
Other Revenue	1,664	6.14	6.46	9.74	-	-
Total Revenue	48,427	44,943	41,449	30,803	23,376	20,988
Revenue Growth (YoY)	13.56%	8.43%	34.56%	31.77%	11.38%	30.71%
Policy Benefits	25,891	23,689	19,520	15,671	12,111	10,045
Selling, General & Administrative	7,613	7,013	6,440	5,111	4,357	3,764
Other Operating Expenses	5,957	7,691	6,149	5,780	5,239	4,270
Reinsurance Income or Expense	451.8	451.8	358.94	293.32	292.97	228.21
Total Operating Expenses	41,249	37,941	31,751	26,269	21,413	17,851
Operating Income	7,178	7,002	9,698	4,534	1,962	3,137
Interest Expense	-440.78	-565.67	-827.8	-848.56	-653.75	-363.96
Currency Exchange Gain (Loss)	126.09	153.4	-300.59	-402.35	2,722	180.39
EBT Excluding Unusual Items	6,897	6,590	8,570	3,284	4,030	2,954
Merger & Restructuring Charges	-	-	-2,238	-86.52	-	-
Gain (Loss) on Sale of Assets	26	26	0.09	0.14	0.14	12.16
Pretax Income	6,923	6,616	6,332	3,197	4,030	2,966
Income Tax Expense	2,053	1,935	1,811	358.77	1,348	860.81
Earnings From Continuing Ops.	4,871	4,680	4,522	2,838	2,683	2,105
Net Income	4,871	4,680	4,522	2,838	2,683	2,105
Net Income to Common	4,871	4,680	4,522	2,838	2,683	2,105
Net Income Growth	17.49%	3.50%	59.31%	5.80%	27.46%	38.34%
Shares Outstanding (Basic)	316	316	359	375	375	375
Shares Outstanding (Diluted)	316	316	359	375	375	375
Shares Change (YoY)	-7.97%	-11.74%	-4.40%	-	-	-
EPS (Basic)	15.39	14.79	12.61	7.57	7.15	5.61
EPS (Diluted)	15.39	14.79	12.61	7.57	7.15	5.61
EPS Growth	27.71%	17.29%	66.60%	5.86%	27.45%	38.27%
Free Cash Flow	6,747	7,075	6,026	1,470	5,029	6,926
Free Cash Flow Per Share	21.32	22.36	16.81	3.92	13.41	18.47
Dividend Per Share	4.500	4.500	4.500	3.750	3.500	2.800
Dividend Growth	-	-	20.00%	7.14%	25.00%	12.00%
Operating Margin	14.82%	15.58%	23.40%	14.72%	8.39%	14.95%
Profit Margin	10.06%	10.41%	10.91%	9.21%	11.48%	10.03%
Free Cash Flow Margin	13.93%	15.74%	14.54%	4.77%	21.52%	33.00%
EBITDA	7,333	7,142	9,837	4,668	2,096	3,275
EBITDA Margin	15.14%	15.89%	23.73%	15.15%	8.96%	15.60%
D&A For EBITDA	155.32	140.33	139.08	133.39	133.06	137.93
EBIT	7,178	7,002	9,698	4,534	1,962	3,137
EBIT Margin	14.82%	15.58%	23.40%	14.72%	8.39%	14.95%
Effective Tax Rate	29.65%	29.25%	28.59%	11.22%	33.43%	29.03%
Revenue as Reported	48,390	44,909	38,444	31,799	25,525	20,971

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