Reliance Insurance PLC. Income Statement

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

Millions BDT. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Premiums & Annuity Revenue	1,597	1,453	1,339	1,274	1,149
Total Interest & Dividend Income	762.5	612.31	410.86	309.96	299.41
Gain (Loss) on Sale of Investments	-	-	0.23	5.65	16.04
Other Revenue	471.89	417.08	334.15	319.9	276.85
Total Revenue	2,832	2,483	2,084	1,910	1,741
Revenue Growth (YoY)	14.05%	19.14%	9.12%	9.68%	2.70%
Policy Benefits	402.14	357.89	328.26	268.49	281.28
Policy Acquisition & Underwriting Costs	541.76	289.56	281.1	304.87	186.11
Depreciation & Amortization	118	28	38.83	39.25	39.79
Selling, General & Administrative	432	431.93	423.17	412.45	358.62
Total Operating Expenses	1,494	1,108	1,072	1,025	898.51
Operating Income	1,338	1,375	1,012	884.62	842.66
Other Non Operating Income (Expenses)	-8.19	-6.7	-6.4	-6.01	-5.9
EBT Excluding Unusual Items	1,329	1,368	1,006	878.6	836.76
Gain (Loss) on Sale of Assets	1.18	0.67	0.72	4.08	0.1
Pretax Income	1,331	1,369	1,007	882.68	836.86
Income Tax Expense	445.38	410.2	316.43	266.75	249.05
Net Income	885.25	958.84	690.18	615.93	587.81
Net Income to Common	885.25	958.84	690.18	615.93	587.81
Net Income Growth	-7.67%	38.93%	12.05%	4.78%	7.23%
Shares Outstanding (Basic)	105	105	105	105	105
Shares Outstanding (Diluted)	105	105	105	105	105
EPS (Basic)	8.42	9.12	6.56	5.86	5.59
EPS (Diluted)	8.42	9.12	6.56	5.86	5.59
EPS Growth	-7.67%	38.93%	12.05%	4.78%	7.23%
Free Cash Flow	617.2	67.56	447.84	538.96	645.8
Free Cash Flow Per Share	5.87	0.64	4.26	5.13	6.14
Dividend Per Share	3.000	3.000	2.500	2.500	2.500
Dividend Growth	-	20.00%	-	-	-
Operating Margin	47.24%	55.39%	48.58%	46.32%	48.40%
Profit Margin	31.26%	38.62%	33.12%	32.25%	33.76%
Free Cash Flow Margin	21.80%	2.72%	21.49%	28.22%	37.09%
EBITDA	1,455	1,403	1,051	923.86	882.45
EBITDA Margin	51.39%	56.51%	50.44%	48.38%	50.68%
D&A For EBITDA	117.61	28	38.83	39.25	39.79
EBIT	1,338	1,375	1,012	884.62	842.66
EBIT Margin	47.24%	55.39%	48.58%	46.32%	48.40%
Effective Tax Rate	33.47%	29.96%	31.44%	30.22%	29.76%

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.