Chartered Life Insurance Company Limited (DSE: CLICL)

CLICL Income Statement

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

Fiscal Year	TTM	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Sep 30, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018
Premiums & Annuity Revenue	864.55	737.97	506.28	308.68	163.9	109.54
Total Interest & Dividend Income	38.44	29.11	23.03	20.34	20.36	17.63
Gain (Loss) on Sale of Investments	-0.17	-2.53	23.53	4.27	2.07	0.8
Other Revenue	0.08	0.19	0.01	1.43	0.05	0.05
Total Revenue	902.9	764.74	552.86	334.72	186.37	128.02
Revenue Growth (YoY)	25.21%	38.32%	65.17%	79.60%	45.58%	33.18%
Policy Benefits	326.07	234.78	153.17	64.47	21	10.74
Policy Acquisition & Underwriting Costs	94.56	58.59	37.78	27.72	43.26	17.98
Amortization of Goodwill & Intangibles	-	-	-	-	0.14	-
Depreciation & Amortization	34.48	29.31	12.95	6.56	4.47	3.51
Selling, General & Administrative	71.35	73.27	58.13	28.48	28.16	25.26
Other Operating Expenses	110.36	97.1	66.95	40.67	0.8	15.22
Total Operating Expenses	753.67	609.41	401.15	215.21	129.05	98.38
Operating Income	149.23	155.33	151.71	119.51	57.32	29.64
Interest Expense	-6.52	-2.5	-	-	-	-
Other Non Operating Income (Expenses)	-6.99	-16.03	-8.02	-2.66	-0.92	-0.66
EBT Excluding Unusual Items	135.72	136.8	143.7	116.84	56.4	28.98
Gain (Loss) on Sale of Assets	0.89	0.03	1.39	0.4	-	-
Other Unusual Items	-6.37	-6.37	-	-	-	-
Pretax Income	130.25	130.47	145.09	117.24	56.4	28.98
Income Tax Expense	18.42	19.23	8.54	1.69	1.14	0.78
Net Income	111.83	111.24	136.54	115.56	55.26	28.2
Net Income to Common	111.83	111.24	136.54	115.56	55.26	28.2
Net Income Growth	-12.25%	-18.53%	18.16%	109.11%	95.98%	73.84%
Shares Outstanding (Basic)	38	38	23	23	18	18
Shares Outstanding (Diluted)	38	38	23	23	18	18
Shares Change (YoY)	66.67%	66.67%	-	25.00%	-	-
EPS (Basic)	2.98	2.97	6.07	5.14	3.07	1.57
EPS (Diluted)	2.98	2.97	6.07	5.14	3.07	1.57
EPS Growth	-47.35%	-51.12%	18.16%	67.29%	95.98%	73.84%
Free Cash Flow	86.69	59.59	-4.69	50.31	30.66	16.07
Free Cash Flow Per Share	2.31	1.59	-0.21	2.24	1.70	0.89
Dividend Per Share	0.200	0.200	-	-	-	-
Operating Margin	16.53%	20.31%	27.44%	35.70%	30.76%	23.15%
Profit Margin	12.39%	14.55%	24.70%	34.52%	29.65%	22.02%
Free Cash Flow Margin	9.60%	7.79%	-0.85%	15.03%	16.45%	12.55%
EBITDA	161.57	176.06	164.66	126.07	61.93	33.15
EBITDA Margin	17.89%	23.02%	29.78%	37.66%	33.23%	25.90%
D&A For EBITDA	12.34	20.73	12.95	6.56	4.61	3.51
EBIT	149.23	155.33	151.71	119.51	57.32	29.64
EBIT Margin	16.53%	20.31%	27.44%	35.70%	30.75%	23.15%
Effective Tax Rate	14.15%	14.74%	5.89%	1.44%	2.02%	2.69%
Revenue as Reported	905.43	-	-	-	231.97	-

Source: S&P Capital IQ. Insurance template. Financial Sources.