PT Capital Financial Indonesia Tbk (IDX: CASA)

CASA Income Statement

Financials in millions IDR. 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	4,701,874	5,628,569	8,906,728	12,500,614	9,436,607	10,617,314
Total Interest & Dividend Income	1,254,340	916,490	1,131,371	2,050,629	1,924,818	1,648,542
Gain (Loss) on Sale of Investments	14,592	69,533	162,564	68,554	88,764	-98,861
Other Revenue	956,706	994,410	885,776	924,348	390,299	29,723
Total Revenue	6,950,247	7,625,938	11,103,680	15,564,505	11,862,658	12,225,316
Revenue Growth (YoY)	-29.47%	-31.32%	-28.66%	31.21%	-2.97%	48.65%
Policy Benefits	4,615,569	5,340,349	8,800,397	13,045,534	9,651,329	11,035,697
Policy Acquisition & Underwriting Costs	79,202	76,427	113,938	83,041	45,854	116,571
Selling, General & Administrative	939,159	794,229	1,018,470	1,010,935	906,721	448,966
Other Operating Expenses	20,498	22,800	-	-50,213	-	-
Total Operating Expenses	5,654,428	6,233,805	9,932,805	14,089,297	10,603,904	11,601,234
Operating Income	1,295,819	1,392,133	1,170,875	1,475,208	1,258,754	624,082
Interest Expense	-1,169,747	-1,266,088	-1,020,133	-1,372,118	-1,103,154	-583,877
Currency Exchange Gain (Loss)	-4,035	-	-	-14,987	-8,775	9,037
Other Non Operating Income (Expenses)	-8,237	2,757	-101,154	-27,460	-19,721	-25,456
Pretax Income	113,800	128,802	49,588	60,643	127,104	23,786
Income Tax Expense	36,750	31,977	14,700	17,661	21,703	9,015
Earnings From Continuing Ops.	77,050	96,825	34,888	42,982	105,401	14,771
Minority Interest in Earnings	-18,619	-14,234	-6,878	-23,577	-42,527	46,404
Net Income	58,431	82,591	28,010	19,405	62,874	61,175
Preferred Dividends & Other Adjustments	1	1	4	-	-	-
Net Income to Common	58,430	82,590	28,006	19,405	62,874	61,175
Net Income Growth	47.78%	194.86%	44.34%	-69.14%	2.78%	-50.83%
Shares Outstanding (Basic)	54,476	54,476	54,476	54,476	54,476	54,476
Shares Outstanding (Diluted)	54,476	54,476	54,476	56,236	56,236	56,236
Shares Change (YoY)	-	-	-3.13%	-	-	-
EPS (Basic)	1.07	1.52	0.51	0.36	1.15	1.12
EPS (Diluted)	1.07	1.52	0.51	0.35	1.12	1.09
EPS Growth	47.80%	194.90%	46.88%	-68.75%	2.96%	-50.83%
Free Cash Flow	-4,164,952	-2,617,132	-8,124,334	2,413,744	606,794	7,573,900
Free Cash Flow Per Share	-76.45	-48.04	-149.14	42.92	10.79	134.68
Operating Margin	18.64%	18.26%	10.54%	9.48%	10.61%	5.10%
Profit Margin	0.84%	1.08%	0.25%	0.12%	0.53%	0.50%
Free Cash Flow Margin	-59.93%	-34.32%	-73.17%	15.51%	5.12%	61.95%
EBITDA	1,465,822	1,418,141	1,209,569	1,551,639	1,317,704	628,160
EBITDA Margin	21.09%	18.60%	10.89%	9.97%	11.11%	5.14%
D&A For EBITDA	170,003	26,008	38,694	76,431	58,950	4,078
EBIT	1,295,819	1,392,133	1,170,875	1,475,208	1,258,754	624,082
EBIT Margin	18.64%	18.26%	10.54%	9.48%	10.61%	5.10%
Effective Tax Rate	32.29%	24.83%	29.64%	29.12%	17.07%	37.90%
Revenue as Reported	6,931,643	7,596,468	11,103,680	15,562,573	11,756,822	12,357,904

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