IDX:GSMF Income Statement

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

Millions IDR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Premiums & Annuity Revenue	940,405	897,365	872,989	935,361	976,654	783,088
Total Interest & Dividend Income	47,761	39,720	117,367	441,972	74,890	82,764
Gain (Loss) on Sale of Investments	43,614	36,670	26,209	-7,537	6,456	5,107
Non-Insurance Activities Revenue	88,619	98,582	96,190	145,518	158,787	159,824
Other Revenue	156,020	139,602	104,680	114,969	103,557	97,778
Total Revenue	1,276,689	1,212,257	1,217,761	1,630,602	1,321,475	1,128,677
Revenue Growth (YoY)	2.33%	-0.45%	-25.32%	23.39%	17.08%	-15.22%
Policy Benefits	627,141	560,342	673,084	702,084	770,700	539,158
Policy Acquisition & Underwriting Costs	43,929	51,115	54,752	36,356	39,143	36,329
Selling, General & Administrative	489,674	467,248	430,816	542,063	388,551	417,076
Provision for Bad Debts	23,974	36,054	9,802	105,112	9,145	-19,737
Other Operating Expenses	23,740	30,228	70,638	57,222	62,254	59,191
Total Operating Expenses	1,208,458	1,144,987	1,239,092	1,442,837	1,269,793	1,032,017
Operating Income	68,231	67,270	-21,331	187,765	51,682	96,660
Interest Expense	-48,794	-53,393	-29,736	-134,106	-49,865	-58,284
Currency Exchange Gain (Loss)	20,232	9,373	-5,433	23,311	2,728	3,366
EBT Excluding Unusual Items	39,669	23,250	-56,500	76,970	4,545	41,742
Gain (Loss) on Sale of Assets	3,430	3,222	13,229	32	15,295	2,578
Asset Writedown	20,725	20,725	5,207	2,365	11,444	13,490
Pretax Income	63,824	47,197	-38,064	79,367	31,284	57,810
Income Tax Expense	16,040	16,799	18,106	33,947	19,400	30,923
Earnings From Continuing Ops.	47,784	30,398	-56,170	45,420	11,884	26,887
Minority Interest in Earnings	-7,958	-7,825	-2,969	-27,245	-5,716	-8,425
Net Income	39,826	22,573	-59,139	18,175	6,168	18,462
Net Income to Common	39,826	22,573	-59,139	18,175	6,168	18,462
Net Income Growth	-	-	-	194.67%	-66.59%	-53.19%
Shares Outstanding (Basic)	14,230	14,230	14,230	14,230	8,019	7,455
Shares Outstanding (Diluted)	14,230	14,230	14,230	14,230	8,019	7,455
Shares Change (YoY)	-	-	-	77.45%	7.57%	-
EPS (Basic)	2.80	1.59	-4.16	1.28	0.77	2.48
EPS (Diluted)	2.79	1.58	-4.16	1.28	0.77	2.48
EPS Growth	-	-	-	66.05%	-68.94%	-53.19%
Free Cash Flow	4,620	64,093	-20,021	180,472	103,499	19,316
Free Cash Flow Per Share	0.33	4.50	-1.41	12.68	12.91	2.59
Operating Margin	5.34%	5.55%	-1.75%	11.52%	3.91%	8.56%
Profit Margin	3.12%	1.86%	-4.86%	1.11%	0.47%	1.64%
Free Cash Flow Margin	0.36%	5.29%	-1.64%	11.07%	7.83%	1.71%
EBITDA	81,715	80,206	-8,863	211,607	66,334	112,709
EBITDA Margin	6.40%	6.62%	-0.73%	12.98%	5.02%	9.99%
D&A For EBITDA	13,484	12,936	12,468	23,842	14,652	16,049
EBIT	68,231	67,270	-21,331	187,765	51,682	96,660
EBIT Margin	5.34%	5.55%	-1.75%	11.52%	3.91%	8.56%
Effective Tax Rate	25.13%	35.59%	-	42.77%	62.01%	53.49%
Revenue as Reported	1,324,299	1,245,577	1,230,832	1,658,208	1,351,033	1,151,930

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