Arpico Insurance Income Statement

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

Millions LKR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	1,674	1,881	2,141	2,247	2,208
Total Interest & Dividend Income	477.01	539.98	581.23	452.06	256.21
Other Revenue	275.59	68.11	66.03	99.77	53.57
Total Revenue	2,426	2,489	2,788	2,799	2,518
Revenue Growth (YoY)	-2.53%	-10.72%	-0.38%	11.15%	23.36%
Policy Benefits	1,026	979.97	2,021	1,255	663.25
Policy Acquisition & Underwriting Costs	-	378.31	363.48	304.26	233.24
Depreciation & Amortization	127.75	142.47	124.49	80.92	92.43
Selling, General & Administrative	571.26	640.43	652.78	722.96	647.35
Other Operating Expenses	433.31	-	-	-	-
Total Operating Expenses	2,158	2,294	3,422	2,689	2,157
Operating Income	268.11	194.99	-633.7	109.68	361.15
Interest Expense	-	-50.1	-50.13	-24.49	-23.77
Other Non Operating Income (Expenses)	-	-	-0	-	-
Pretax Income	268.11	144.89	-683.83	85.19	337.38
Income Tax Expense	37.29	-90	-	48.96	100.68
Net Income	230.82	234.89	-683.83	36.24	236.7
Net Income to Common	230.82	234.89	-683.83	36.24	236.7
Net Income Growth	-1.73%	-	-	-84.69%	17.95%
Shares Outstanding (Basic)	66	66	66	66	66
Shares Outstanding (Diluted)	66	66	66	66	66
Shares Change (YoY)	-0.14%	-	-	-	-
EPS (Basic)	3.49	3.55	-10.33	0.55	3.57
EPS (Diluted)	3.49	3.55	-10.33	0.55	3.57
EPS Growth	-1.59%	-	-	-84.67%	17.82%
Free Cash Flow	131.6	-335.62	-579.46	124.26	119.07
Free Cash Flow Per Share	1.99	-5.07	-8.75	1.88	1.80
Operating Margin	11.05%	7.83%	-22.73%	3.92%	14.34%
Profit Margin	9.51%	9.44%	-24.52%	1.29%	9.40%
Free Cash Flow Margin	5.42%	-13.48%	-20.78%	4.44%	4.73%
EBITDA	294.19	217.91	-608.26	135.47	389.1
EBITDA Margin	12.13%	8.75%	-21.82%	4.84%	15.45%
D&A For EBITDA	26.08	22.91	25.43	25.79	27.95
EBIT	268.11	194.99	-633.7	109.68	361.15
EBIT Margin	11.05%	7.83%	-22.73%	3.92%	14.34%
Effective Tax Rate	13.91%	-	-	57.46%	29.84%
Revenue as Reported	2,426	2,489	2,788	2,799	2,518

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