Central Insurance Company Limited (DSE:CENTRALINS)

Central Insurance Company Income Statement

Financials in millions BDT. 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	404.54	397.51	378.72	358.49	346.43	245.83
Total Interest & Dividend Income	86.73	95.08	83.47	79.33	65.35	74.15
Gain (Loss) on Sale of Investments	0.22	0.22	0.15	0.01	16.98	3.33
Other Revenue	32.67	26.22	27.42	23.42	20.92	24.32
Total Revenue	524.17	519.03	489.77	461.25	449.67	347.62
Revenue Growth (YoY)	6.09%	5.97%	6.18%	2.57%	29.36%	-2.40%
Policy Benefits	83.72	77.99	64.22	68.77	40.42	8.87
Policy Acquisition & Underwriting Costs	72.64	71.98	68.41	60.46	40.52	45.06
Depreciation & Amortization	17.48	17.48	17.37	18.17	18.7	10.7
Selling, General & Administrative	209.04	202.6	182.23	161.04	147.6	129.39
Total Operating Expenses	387.88	375.05	337.23	313.44	249.79	199.15
Operating Income	136.28	143.98	152.54	147.8	199.88	148.48
Other Non Operating Income (Expenses)	-0.31	-0.32	-0.65	-0.87	-0.72	-1.17
EBT Excluding Unusual Items	135.97	143.66	151.88	146.94	199.16	147.3
Gain (Loss) on Sale of Assets	-	-	-	0.01	0.58	0.31
Pretax Income	135.97	143.66	151.88	146.95	199.74	147.61
Income Tax Expense	35.63	37.7	40.21	32.14	32.91	35.47
Net Income	100.34	105.96	111.67	114.81	166.83	112.14
Net Income to Common	100.34	105.96	111.67	114.81	166.83	112.14
Net Income Growth	-11.20%	-5.11%	-2.73%	-31.18%	48.77%	13.18%
Shares Outstanding (Basic)	53	53	53	53	53	53
Shares Outstanding (Diluted)	53	53	53	53	53	53
EPS (Basic)	1.89	1.99	2.10	2.16	3.14	2.11
EPS (Diluted)	1.89	1.99	2.10	2.16	3.14	2.11
EPS Growth	-11.20%	-5.11%	-2.73%	-31.18%	48.77%	13.18%
Free Cash Flow	68.55	71.31	103.15	109.44	123.99	115.17
Free Cash Flow Per Share	1.29	1.34	1.94	2.06	2.33	2.17
Dividend Per Share	1.200	1.200	1.200	1.500	1.800	0.558
Dividend Growth	-	-	-20.00%	-16.67%	222.52%	-10.01%
Operating Margin	26.00%	27.74%	31.14%	32.04%	44.45%	42.71%
Profit Margin	19.14%	20.42%	22.80%	24.89%	37.10%	32.26%
Free Cash Flow Margin	13.08%	13.74%	21.06%	23.73%	27.57%	33.13%
EBITDA	152.48	160.39	168.83	164.94	218.58	159.18
EBITDA Margin	29.09%	30.90%	34.47%	35.76%	48.61%	45.79%
D&A For EBITDA	16.2	16.41	16.29	17.14	18.7	10.7
EBIT	136.28	143.98	152.54	147.8	199.88	148.48
EBIT Margin	26.00%	27.74%	31.14%	32.04%	44.45%	42.71%
Effective Tax Rate	26.21%	26.24%	26.47%	21.87%	16.48%	24.03%

Updated Oct 29, 2024. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.