HNB Assurance PLC (COSE:HASU.N0000)

HNB Assurance 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	19,463	18,352	15,699	13,087	10,756	8,927
Total Interest & Dividend Income	7,622	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	524.67	421.79	317.62	306.89	234.83	152.19
Total Revenue	27,856	26,582	23,354	17,869	13,653	11,637
Revenue Growth (YoY)	15.56%	13.82%	30.70%	30.88%	17.33%	6.35%
Policy Benefits	15,339	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	6,621	6,430	5,284	4,000	2,894	2,562
Other Operating Expenses	3,615	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	24,843	23,570	20,570	15,741	11,822	9,916
Operating Income	3,014	3,011	2,785	2,128	1,832	1,721
Interest Expense	-192.18	-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	2,746	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	2,765	2,713	2,511	2,386	1,748	1,630
Income Tax Expense	802.33	816.06	746.85	555.4	524.73	455.27
Net Income	1,963	1,897	1,765	1,831	1,224	1,175
Net Income to Common	1,963	1,897	1,765	1,831	1,224	1,175
Net Income Growth	9.20%	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)	13.09	12.65	11.76	12.20	8.16	7.83
EPS (Diluted)	13.09	12.65	11.76	12.20	8.16	7.83
EPS Growth	9.20%	7.49%	-3.60%	49.60%	4.12%	16.33%
Free Cash Flow	3,731	2,874	1,211	1,723	2,964	2,282
Free Cash Flow Per Share	24.87	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	10.82%	11.33%	11.92%	11.91%	13.41%	14.79%
Profit Margin	7.05%	7.14%	7.56%	10.24%	8.96%	10.10%
Free Cash Flow Margin	13.39%	10.81%	5.18%	9.64%	21.71%	19.61%
EBITDA	3,203	3,192	2,909	2,209	1,893	1,775
EBITDA Margin	11.50%	12.01%	12.46%	12.37%	13.87%	15.25%
D&A For EBITDA	189.76	180.2	124.94	81.75	61.8	54
EBIT	3,014	3,011	2,785	2,128	1,832	1,721
EBIT Margin	10.82%	11.33%	11.92%	11.91%	13.41%	14.79%
Effective Tax Rate	29.02%	30.08%	29.74%	23.28%	30.01%	27.92%
Revenue as Reported	27,800	26,525	23,265	18,262	13,674	11,647

Updated Mar 4, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.