Arpico Insurance PLC (COSE:AINS.N0000)

Arpico Insurance Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	1,759	1,881	2,141	2,247	2,208	1,745
Total Interest & Dividend Income	503.2	539.98	581.23	452.06	256.21	253.39
Other Revenue	60.55	68.11	66.03	99.77	53.57	43.26
Total Revenue	2,323	2,489	2,788	2,799	2,518	2,041
Revenue Growth (YoY)	-3.25%	-10.72%	-0.38%	11.15%	23.36%	9.39%
Policy Benefits	1,006	979.97	2,021	1,255	663.25	699.05
Policy Acquisition & Underwriting Costs	378.31	378.31	363.48	304.26	233.24	-
Depreciation & Amortization	152.61	142.47	124.49	80.92	92.43	-
Selling, General & Administrative	570.69	640.43	652.78	722.96	647.35	622.84
Other Operating Expenses	-70.62	-	-	-	-	418.95
Total Operating Expenses	2,191	2,294	3,422	2,689	2,157	1,741
Operating Income	132.2	194.99	-633.7	109.68	361.15	300.49
Interest Expense	-50.1	-50.1	-50.13	-24.49	-23.77	-21.89
Other Non Operating Income (Expenses)	-	-	-0	-	-	-
Pretax Income	82.1	144.89	-683.83	85.19	337.38	278.59
Income Tax Expense	-107.49	-90	-	48.96	100.68	77.92
Net Income	189.59	234.89	-683.83	36.24	236.7	200.68
Net Income to Common	189.59	234.89	-683.83	36.24	236.7	200.68
Net Income Growth	-	-	-	-84.69%	17.95%	-11.70%
Shares Outstanding (Basic)	66	66	66	66	66	66
Shares Outstanding (Diluted)	66	66	66	66	66	66
Shares Change (YoY)	-0.59%	-	-	-	-	-
EPS (Basic)	2.87	3.55	-10.33	0.55	3.57	3.03
EPS (Diluted)	2.87	3.55	-10.33	0.55	3.57	3.03
EPS Growth	-	-	-	-84.67%	17.82%	-11.70%
Free Cash Flow	-216.54	-335.62	-579.46	124.26	119.07	499.28
Free Cash Flow Per Share	-3.28	-5.07	-8.75	1.88	1.80	7.54
Operating Margin	5.69%	7.83%	-22.73%	3.92%	14.34%	14.72%
Profit Margin	8.16%	9.44%	-24.52%	1.29%	9.40%	9.83%
Free Cash Flow Margin	-9.32%	-13.48%	-20.78%	4.44%	4.73%	24.46%
EBITDA	83.55	217.91	-608.26	135.47	389.1	325.91
EBITDA Margin	3.60%	8.75%	-21.82%	4.84%	15.45%	15.97%
D&A For EBITDA	-48.65	22.91	25.43	25.79	27.95	25.43
EBIT	132.2	194.99	-633.7	109.68	361.15	300.49
EBIT Margin	5.69%	7.83%	-22.73%	3.92%	14.34%	14.72%
Effective Tax Rate	-	-	-	57.46%	29.84%	27.97%
Revenue as Reported	2,323	2,489	2,788	2,799	2,518	2,041

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.