HNB Assurance 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	24,140	18,352	15,699	13,087	10,756
Total Interest & Dividend Income	8,213	7,562	7,227	4,542	2,555
Gain (Loss) on Sale of Investments	750.15	246.18	110.01	-67.24	107.43
Other Revenue	495.67	438.75	317.62	306.89	234.83
Total Revenue	33,599	26,599	23,354	17,869	13,653
Revenue Growth (YoY)	26.32%	13.89%	30.70%	30.88%	17.33%
Policy Benefits	18,993	14,391	12,999	9,919	7,473
Policy Acquisition & Underwriting Costs	22.34	175	-44.48	-6.29	5.91
Selling, General & Administrative	7,476	6,413	5,284	4,000	2,894
Other Operating Expenses	4,623	3,468	2,732	2,154	1,713
Reinsurance Income or Expense	1,070	907.72	401.38	326.04	263.9
Total Operating Expenses	30,044	23,539	20,570	15,741	11,822
Operating Income	3,555	3,059	2,785	2,128	1,832
Interest Expense	-228.64	-290.35	-183.81	-134.49	-104.34
Currency Exchange Gain (Loss)	46.78	-80.88	-101.29	390.96	20.39
Other Non Operating Income (Expenses)	12.11	5.86	8.43	-	-
EBT Excluding Unusual Items	3,385	2,694	2,508	2,384	1,748
Gain (Loss) on Sale of Assets	0.29	18.87	3.61	1.77	0.69
Pretax Income	3,385	2,713	2,511	2,386	1,748
Income Tax Expense	1,001	816.06	746.85	555.4	524.73
Net Income	2,385	1,897	1,765	1,831	1,224
Net Income to Common	2,385	1,897	1,765	1,831	1,224
Net Income Growth	25.72%	7.49%	-3.60%	49.60%	4.12%
Shares Outstanding (Basic)	150	150	150	150	150
Shares Outstanding (Diluted)	150	150	150	150	150
EPS (Basic)	15.90	12.65	11.76	12.20	8.16
EPS (Diluted)	15.90	12.65	11.76	12.20	8.16
EPS Growth	25.72%	7.49%	-3.60%	49.60%	4.12%
Free Cash Flow	6,965	2,874	1,211	1,723	2,964
Free Cash Flow Per Share	46.43	19.16	8.07	11.48	19.76
Dividend Per Share	5.000	3.900	3.900	3.650	3.200
Dividend Growth	28.21%	-	6.85%	14.06%	14.29%
Operating Margin	10.58%	11.50%	11.92%	11.91%	13.41%
Profit Margin	7.10%	7.13%	7.56%	10.24%	8.96%
Free Cash Flow Margin	20.73%	10.80%	5.18%	9.64%	21.71%
EBITDA	3,768	3,240	2,909	2,209	1,893
EBITDA Margin	11.21%	12.18%	12.46%	12.37%	13.87%
D&A For EBITDA	212.97	180.2	124.94	81.75	61.8
EBIT	3,555	3,059	2,785	2,128	1,832
EBIT Margin	10.58%	11.50%	11.92%	11.91%	13.41%
Effective Tax Rate	29.56%	30.08%	29.74%	23.28%	30.01%
Revenue as Reported	33,658	26,542	23,265	18,262	13,674

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.