HNB Assurance Income Statement

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

Millions LKR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Premiums & Annuity Revenue	21,920	18,352	15,699	13,087	10,756	8,927
Total Interest & Dividend Income	7,977	7,562	7,227	4,542	2,555	2,493
Gain (Loss) on Sale of Investments	246.18	246.18	110.01	-67.24	107.43	64.89
Other Revenue	876.55	421.79	317.62	306.89	234.83	152.19
Total Revenue	31,020	26,582	23,354	17,869	13,653	11,637
Revenue Growth (YoY)	19.31%	13.82%	30.70%	30.88%	17.33%	6.35%
Policy Benefits	17,727	14,391	12,999	9,919	7,473	6,135
Policy Acquisition & Underwriting Costs	175	175	-44.48	-6.29	5.91	-25
Selling, General & Administrative	7,096	6,430	5,284	4,000	2,894	2,562
Other Operating Expenses	3,920	3,482	2,732	2,154	1,713	1,453
Reinsurance Income or Expense	907.72	907.72	401.38	326.04	263.9	208.67
Total Operating Expenses	28,010	23,570	20,570	15,741	11,822	9,916
Operating Income	3,009	3,011	2,785	2,128	1,832	1,721
Interest Expense	-174.22	-242.24	-183.81	-134.49	-104.34	-100.26
Currency Exchange Gain (Loss)	-80.88	-80.88	-101.29	390.96	20.39	6.25
Other Non Operating Income (Expenses)	5.86	5.86	8.43	-	-	-
EBT Excluding Unusual Items	2,760	2,694	2,508	2,384	1,748	1,627
Gain (Loss) on Sale of Assets	18.87	18.87	3.61	1.77	0.69	3.81
Pretax Income	2,779	2,713	2,511	2,386	1,748	1,630
Income Tax Expense	820.23	816.06	746.85	555.4	524.73	455.27
Net Income	1,959	1,897	1,765	1,831	1,224	1,175
Net Income to Common	1,959	1,897	1,765	1,831	1,224	1,175
Net Income Growth	2.25%	7.49%	-3.60%	49.60%	4.12%	16.33%
Shares Outstanding (Basic)	150	150	150	150	150	150
Shares Outstanding (Diluted)	150	150	150	150	150	150
EPS (Basic)	13.06	12.65	11.76	12.20	8.16	7.83
EPS (Diluted)	13.06	12.65	11.76	12.20	8.16	7.83
EPS Growth	2.25%	7.49%	-3.60%	49.60%	4.12%	16.33%
Free Cash Flow	4,531	2,874	1,211	1,723	2,964	2,282
Free Cash Flow Per Share	30.21	19.16	8.07	11.48	19.76	15.21
Dividend Per Share	3.900	3.900	3.900	3.650	3.200	2.800
Dividend Growth	-	-	6.85%	14.06%	14.29%	5.00%
Operating Margin	9.70%	11.33%	11.92%	11.91%	13.41%	14.79%
Profit Margin	6.31%	7.14%	7.56%	10.24%	8.96%	10.10%
Free Cash Flow Margin	14.61%	10.81%	5.18%	9.64%	21.71%	19.61%
EBITDA	3,215	3,192	2,909	2,209	1,893	1,775
EBITDA Margin	10.37%	12.01%	12.46%	12.37%	13.87%	15.25%
D&A For EBITDA	205.79	180.2	124.94	81.75	61.8	54
EBIT	3,009	3,011	2,785	2,128	1,832	1,721
EBIT Margin	9.70%	11.33%	11.92%	11.91%	13.41%	14.79%
Effective Tax Rate	29.52%	30.08%	29.74%	23.28%	30.01%	27.92%
Revenue as Reported	30,964	26,525	23,265	18,262	13,674	11,647

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