HNB Life Income Statement

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

Millions LKR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	26,728	24,140	18,352	15,699	13,087	10,756
Total Interest & Dividend Income	8,467	8,213	7,562	7,227	4,542	2,555
Gain (Loss) on Sale of Investments	750.15	750.15	246.18	110.01	-67.24	107.43
Other Revenue	314.43	495.67	438.75	317.62	306.89	234.83
Total Revenue	36,260	33,599	26,599	23,354	17,869	13,653
Revenue Growth (YoY)	30.09%	26.32%	13.89%	30.70%	30.88%	17.33%
Policy Benefits	20,910	18,993	14,391	12,999	9,919	7,473
Policy Acquisition & Underwriting Costs	22.34	22.34	175	-44.48	-6.29	5.91
Selling, General & Administrative	7,862	7,476	6,413	5,284	4,000	2,894
Other Operating Expenses	4,958	4,623	3,468	2,732	2,154	1,713
Reinsurance Income or Expense	1,070	1,070	907.72	401.38	326.04	263.9
Total Operating Expenses	32,683	30,044	23,539	20,570	15,741	11,822
Operating Income	3,578	3,555	3,059	2,785	2,128	1,832
Interest Expense	-289.8	-228.64	-290.35	-183.81	-134.49	-104.34
Currency Exchange Gain (Loss)	46.78	46.78	-80.88	-101.29	390.96	20.39
Other Non Operating Income (Expenses)	12.11	12.11	5.86	8.43	-	-
EBT Excluding Unusual Items	3,347	3,385	2,694	2,508	2,384	1,748
Gain (Loss) on Sale of Assets	0.29	0.29	18.87	3.61	1.77	0.69
Pretax Income	3,347	3,385	2,713	2,511	2,386	1,748
Income Tax Expense	993.58	1,001	816.06	746.85	555.4	524.73
Net Income	2,354	2,385	1,897	1,765	1,831	1,224
Net Income to Common	2,354	2,385	1,897	1,765	1,831	1,224
Net Income Growth	19.91%	25.72%	7.49%	-3.60%	49.60%	4.12%
Shares Outstanding (Basic)	150	150	150	150	150	150
Shares Outstanding (Diluted)	150	150	150	150	150	150
EPS (Basic)	15.69	15.90	12.65	11.76	12.20	8.16
EPS (Diluted)	15.69	15.90	12.65	11.76	12.20	8.16
EPS Growth	19.82%	25.72%	7.49%	-3.60%	49.60%	4.12%
Free Cash Flow	4,523	6,965	2,874	1,211	1,723	2,964
Free Cash Flow Per Share	30.14	46.43	19.16	8.07	11.48	19.76
Dividend Per Share	5.000	5.000	3.900	3.900	3.650	3.200
Dividend Growth	28.21%	28.21%	-	6.85%	14.06%	14.29%
Operating Margin	9.87%	10.58%	11.50%	11.92%	11.91%	13.41%
Profit Margin	6.49%	7.10%	7.13%	7.56%	10.24%	8.96%
Free Cash Flow Margin	12.47%	20.73%	10.80%	5.18%	9.64%	21.71%
EBITDA	3,806	3,768	3,240	2,909	2,209	1,893
EBITDA Margin	10.50%	11.21%	12.18%	12.46%	12.37%	13.87%
D&A For EBITDA	228.34	212.97	180.2	124.94	81.75	61.8
EBIT	3,578	3,555	3,059	2,785	2,128	1,832
EBIT Margin	9.87%	10.58%	11.50%	11.92%	11.91%	13.41%
Effective Tax Rate	29.68%	29.56%	30.08%	29.74%	23.28%	30.01%
Revenue as Reported	36,320	33,658	26,542	23,265	18,262	13,674

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