Peoples Insurance Company Limited (DSE: PEOPLESINS)

Peoples Insurance Company Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Premiums & Annuity Revenue	433.39	436.76	436.93	323.09	340.89	420.77
Total Interest & Dividend Income	140.1	144.3	132.67	152.38	137.66	132.36
Gain (Loss) on Sale of Investments	0.52	0.52	0.49	1.14	4.38	-1.88
Other Revenue	64.55	65.19	65.84	49.43	71.18	69.34
Total Revenue	638.56	646.76	635.93	526.04	554.11	620.59
Revenue Growth (YoY)	-6.34%	1.70%	20.89%	-5.07%	-10.71%	4.72%
Policy Benefits	89.48	65.74	104.28	38.9	69.22	165.95
Policy Acquisition & Underwriting Costs	96.78	93.42	92.46	35.69	84.42	95.12
Depreciation & Amortization	20.73	20.73	21.05	20.83	20.45	20.35
Selling, General & Administrative	236.91	257.37	245.15	218.34	219.32	224.45
Total Operating Expenses	443.9	437.26	462.94	313.77	393.41	505.87
Operating Income	194.66	209.49	172.99	212.27	160.7	114.72
Other Non Operating Income (Expenses)	-	-	-	-	-	0
EBT Excluding Unusual Items	194.66	209.49	172.99	212.27	160.7	114.72
Gain (Loss) on Sale of Assets	-0.26	-0.26	-	-	-	-
Pretax Income	194.39	209.23	172.99	212.27	160.7	114.72
Income Tax Expense	91.52	90.28	52.23	93.19	56.28	28.32
Net Income	102.87	118.95	120.76	119.08	104.42	86.39
Net Income to Common	102.87	118.95	120.76	119.08	104.42	86.39
Net Income Growth	-17.46%	-1.50%	1.41%	14.04%	20.87%	19.92%
Shares Outstanding (Basic)	46	46	46	46	46	46
Shares Outstanding (Diluted)	46	46	46	46	46	46
EPS (Basic)	2.23	2.57	2.61	2.58	2.26	1.87
EPS (Diluted)	2.23	2.57	2.61	2.58	2.26	1.87
EPS Growth	-17.46%	-1.50%	1.41%	14.04%	20.87%	19.92%
Free Cash Flow	120.84	64.9	153.49	189.35	193.18	132.56
Free Cash Flow Per Share	2.62	1.40	3.32	4.10	4.18	2.87
Dividend Per Share	1.000	1.000	1.050	1.250	1.100	0.800
Dividend Growth	-4.76%	-4.76%	-16.00%	13.64%	37.50%	33.33%
Operating Margin	30.48%	32.39%	27.20%	40.35%	29.00%	18.48%
Profit Margin	16.11%	18.39%	18.99%	22.64%	18.84%	13.92%
Free Cash Flow Margin	18.92%	10.03%	24.14%	36.00%	34.86%	21.36%
EBITDA	216.66	230.23	194.04	233.1	181.15	135.07
EBITDA Margin	33.93%	35.60%	30.51%	44.31%	32.69%	21.76%
D&A For EBITDA	22	20.73	21.05	20.83	20.45	20.35
EBIT	194.66	209.49	172.99	212.27	160.7	114.72
EBIT Margin	30.48%	32.39%	27.20%	40.35%	29.00%	18.48%
Effective Tax Rate	47.08%	43.15%	30.19%	43.90%	35.02%	24.69%

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