People's 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	4,616	4,713	4,170	4,992	5,121
Total Interest & Dividend Income	1,032	1,179	1,458	1,306	657.54
Gain (Loss) on Sale of Investments	74.87	18.06	-	17.75	73.25
Other Revenue	147.79	117.01	88.2	79.27	54.31
Total Revenue	5,871	6,027	5,717	6,395	5,906
Revenue Growth (YoY)	-2.59%	5.43%	-10.60%	8.28%	-4.17%
Policy Benefits	3,165	3,130	3,126	3,638	2,994
Policy Acquisition & Underwriting Costs	902.15	605.17	742.59	596.62	629.08
Selling, General & Administrative	1,960	1,642	1,474	1,240	1,204
Reinsurance Income or Expense	693.56	114.63	483.42	119.25	102.02
Total Operating Expenses	5,333	5,262	4,859	5,356	4,725
Operating Income	537.74	765.24	857.83	1,039	1,181
Interest Expense	-52.87	-61.63	-73.35	-38.88	-11.56
Other Non Operating Income (Expenses)	-12.14	-2	-	-	-
EBT Excluding Unusual Items	472.72	701.62	784.48	1,000	1,169
Pretax Income	472.72	701.62	784.48	1,000	1,169
Income Tax Expense	117.47	272.19	262.9	364.32	189.42
Net Income	355.25	429.42	521.58	635.96	979.67
Net Income to Common	355.25	429.42	521.58	635.96	979.67
Net Income Growth	-17.27%	-17.67%	-17.99%	-35.08%	-18.04%
Shares Outstanding (Basic)	204	204	204	204	204
Shares Outstanding (Diluted)	204	204	204	204	204
EPS (Basic)	1.74	2.11	2.56	3.12	4.81
EPS (Diluted)	1.74	2.11	2.56	3.12	4.81
EPS Growth	-17.27%	-17.67%	-17.99%	-35.08%	-18.04%
Free Cash Flow	1,362	529.9	1,010	261.05	1,066
Free Cash Flow Per Share	6.69	2.60	4.96	1.28	5.24
Dividend Per Share	-	-	-	2.455	1.473
Dividend Growth	-	-	-	66.67%	-50.00%
Operating Margin	9.16%	12.70%	15.01%	16.25%	19.99%
Profit Margin	6.05%	7.12%	9.12%	9.95%	16.59%
Free Cash Flow Margin	23.20%	8.79%	17.67%	4.08%	18.06%
EBITDA	583.88	791.81	879.28	1,070	1,215
EBITDA Margin	9.95%	13.14%	15.38%	16.73%	20.57%
D&A For EBITDA	46.15	26.56	21.46	30.55	34.13
EBIT	537.74	765.24	857.83	1,039	1,181
EBIT Margin	9.16%	12.70%	15.01%	16.25%	19.99%
Effective Tax Rate	24.85%	38.80%	33.51%	36.42%	16.20%

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