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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Premiums & Annuity Revenue	426.51	436.76	436.93	323.09	340.89	420.77
Total Interest & Dividend Income	155.37	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	58.76	65.19	65.84	49.43	71.18	69.34
Total Revenue	641.16	646.76	635.93	526.04	554.11	620.59
Revenue Growth (YoY)	-3.06%	1.70%	20.89%	-5.07%	-10.71%	4.72%
Policy Benefits	60.16	65.74	104.28	38.9	69.22	165.95
Policy Acquisition & Underwriting Costs	92.93	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	245.25	257.37	245.15	218.34	219.32	224.45
Total Operating Expenses	419.07	437.26	462.94	313.77	393.41	505.87
Operating Income	222.09	209.49	172.99	212.27	160.7	114.72
Other Non Operating Income (Expenses)	-	-	-	-	-	0
EBT Excluding Unusual Items	222.09	209.49	172.99	212.27	160.7	114.72
Gain (Loss) on Sale of Assets	-0.26	-0.26	-	-	-	-
Pretax Income	221.83	209.23	172.99	212.27	160.7	114.72
Income Tax Expense	102.79	90.28	52.23	93.19	56.28	28.32
Net Income	119.04	118.95	120.76	119.08	104.42	86.39
Net Income to Common	119.04	118.95	120.76	119.08	104.42	86.39
Net Income Growth	-1.27%	-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)	2.58	2.57	2.61	2.58	2.26	1.87
EPS (Diluted)	2.58	2.57	2.61	2.58	2.26	1.87
EPS Growth	-1.27%	-1.50%	1.41%	14.04%	20.87%	19.92%
Free Cash Flow	39.8	64.9	153.49	189.35	193.18	132.56
Free Cash Flow Per Share	0.86	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	34.64%	32.39%	27.20%	40.35%	29.00%	18.48%
Profit Margin	18.57%	18.39%	18.99%	22.64%	18.84%	13.92%
Free Cash Flow Margin	6.21%	10.03%	24.14%	36.00%	34.86%	21.36%
EBITDA	243.66	230.23	194.04	233.1	181.15	135.07
EBITDA Margin	38.00%	35.60%	30.51%	44.31%	32.69%	21.76%
D&A For EBITDA	21.56	20.73	21.05	20.83	20.45	20.35
EBIT	222.09	209.49	172.99	212.27	160.7	114.72
EBIT Margin	34.64%	32.39%	27.20%	40.35%	29.00%	18.48%
Effective Tax Rate	46.34%	43.15%	30.19%	43.90%	35.02%	24.69%

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