DSE:FAREASTLIF Income Statement

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

Millions BDT. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Sep '21 Sep 30, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016
Premiums & Annuity Revenue	9,133	9,710	10,540	10,560	10,103	9,237
Total Interest & Dividend Income	579.01	889.2	797.79	983.9	1,524	1,534
Other Revenue	52.13	5.48	3.46	-	-	1.92
Total Revenue	9,765	10,605	11,341	11,544	11,627	10,773
Revenue Growth (YoY)	-1.43%	-6.49%	-1.76%	-0.71%	7.92%	6.45%
Policy Benefits	35,280	33,024	14,431	7,554	5,808	5,426
Policy Acquisition & Underwriting Costs	1,161	1,351	1,938	1,893	2,160	2,068
Depreciation & Amortization	156.79	160.56	171.75	189.41	203.03	214.29
Selling, General & Administrative	335.2	439.45	485.96	783.42	831.57	915.72
Other Operating Expenses	3.83	3.19	3.52	8.16	6.31	4.61
Total Operating Expenses	37,558	35,667	17,901	11,337	9,925	9,544
Operating Income	-27,793	-25,062	-6,560	206.74	1,702	1,229
Other Non Operating Income (Expenses)	-14.82	-17.17	-23.54	-9.77	-46.09	-47.76
EBT Excluding Unusual Items	-27,813	-25,080	-6,584	196.97	1,656	1,181
Gain (Loss) on Sale of Assets	0.62	0.62	1.39	29.67	-	3.92
Pretax Income	-27,813	-25,079	-6,583	226.64	1,656	1,185
Income Tax Expense	237.48	207.24	188.97	171.4	148.72	106.72
Earnings From Continuing Ops.	-28,050	-25,286	-6,771	55.24	1,507	1,079
Minority Interest in Earnings	-3.24	-2.54	-4.35	-1.62	-0.84	-2.16
Net Income	-28,054	-25,289	-6,776	53.62	1,506	1,076
Net Income to Common	-28,054	-25,289	-6,776	53.62	1,506	1,076
Net Income Growth	-	-	-	-96.44%	39.92%	-59.97%
Shares Outstanding (Basic)	75	75	-	75	75	75
Shares Outstanding (Diluted)	75	75	-	75	75	75
EPS (Basic)	-375.34	-338.34	-	0.72	20.15	14.40
EPS (Diluted)	-375.34	-338.34	-	0.72	20.15	14.40
EPS Growth	-	-	-	-96.44%	39.92%	-59.97%
Free Cash Flow	-1,675	-1,147	415.84	-6,325	-51.95	-1,306
Free Cash Flow Per Share	-22.41	-15.34	-	-84.63	-0.69	-17.47
Dividend Per Share	-	-	-	2.000	2.500	1.250
Dividend Growth	-	-	-	-20.00%	100.00%	-61.54%
Operating Margin	-284.63%	-236.33%	-57.85%	1.79%	14.64%	11.41%
Profit Margin	-287.30%	-238.47%	-59.75%	0.46%	12.95%	9.99%
Free Cash Flow Margin	-17.15%	-10.81%	3.67%	-54.79%	-0.45%	-12.12%
EBITDA	-27,636	-24,902	-6,389	396.15	1,905	1,443
EBITDA Margin	-283.03%	-234.82%	-56.33%	3.43%	16.38%	13.40%
D&A For EBITDA	156.79	160.56	171.75	189.41	203.03	214.29
EBIT	-27,793	-25,062	-6,560	206.74	1,702	1,229
EBIT Margin	-284.63%	-236.33%	-57.85%	1.79%	14.64%	11.41%
Effective Tax Rate	-	-	-	75.63%	8.98%	9.00%

Updated Nov 2, 2021. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.