PT MSIG Life Insurance Indonesia Tbk (IDX:LIFE)

IDX:LIFE Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	3,365,662	3,110,763	2,569,686	2,575,197	3,596,923	3,640,604
Total Interest & Dividend Income	737,542	775,779	730,589	614,382	581,843	677,340
Gain (Loss) on Sale of Investments	-171,342	-229,371	98,164	107,929	-187,337	-35,012
Other Revenue	167,870	160,114	39,034	136,771	47,243	37,385
Total Revenue	4,140,733	3,858,286	3,494,268	3,457,500	4,073,408	4,360,358
Revenue Growth (YoY)	45.41%	10.42%	1.06%	-15.12%	-6.58%	-3.19%
Policy Benefits	2,277,823	2,058,975	1,956,316	2,154,156	3,124,914	3,318,768
Policy Acquisition & Underwriting Costs	819,139	773,042	729,924	463,171	383,543	288,473
Selling, General & Administrative	589,808	573,247	494,861	416,129	388,925	357,456
Other Operating Expenses	97,699	45,938	16,903	17,522	48,226	10,932
Total Operating Expenses	3,784,469	3,451,202	3,198,004	3,050,978	3,945,608	3,975,629
Operating Income	356,264	407,084	296,264	406,522	127,800	384,729
Currency Exchange Gain (Loss)	18,764	18,764	-11,011	49,990	2,012	18,673
EBT Excluding Unusual Items	392,957	425,848	285,253	456,512	129,812	403,402
Gain (Loss) on Sale of Assets	1,058	1,534	1,669	3,078	4,889	1,082
Asset Writedown	-5,177	-5,177	2,189	7,219	4,524	-
Legal Settlements	-	-	-90,000	-38,148	-	-
Pretax Income	394,833	422,205	199,111	428,661	139,225	404,484
Income Tax Expense	71,887	70,748	72,623	60,888	65,401	73,545
Net Income	322,946	351,457	126,488	367,773	73,824	330,939
Net Income to Common	322,946	351,457	126,488	367,773	73,824	330,939
Net Income Growth	210.07%	177.86%	-65.61%	398.18%	-77.69%	15.44%
Shares Outstanding (Basic)	2,100	2,100	2,100	2,100	2,100	2,100
Shares Outstanding (Diluted)	2,100	2,100	2,100	2,100	2,100	2,100
EPS (Basic)	153.78	167.36	60.23	175.13	35.15	157.59
EPS (Diluted)	153.01	167.00	60.00	175.13	35.00	157.59
EPS Growth	208.51%	178.33%	-65.74%	400.37%	-77.79%	15.44%
Free Cash Flow	118,541	-609,781	-877,184	-1,327,051	883,362	-825,989
Free Cash Flow Per Share	56.45	-290.37	-417.71	-631.93	420.65	-393.33
Dividend Per Share	160.000	160.000	38.000	177.000	34.000	243.000
Dividend Growth	321.05%	321.05%	-78.53%	420.59%	-86.01%	228.38%
Operating Margin	8.60%	10.55%	8.48%	11.76%	3.14%	8.82%
Profit Margin	7.80%	9.11%	3.62%	10.64%	1.81%	7.59%
Free Cash Flow Margin	2.86%	-15.80%	-25.10%	-38.38%	21.69%	-18.94%
EBITDA	368,361	418,522	318,760	426,744	151,552	408,035
EBITDA Margin	8.90%	10.85%	9.12%	12.34%	3.72%	9.36%
D&A For EBITDA	12,097	11,438	22,496	20,222	23,752	23,306
EBIT	356,264	407,084	296,264	406,522	127,800	384,729
EBIT Margin	8.60%	10.55%	8.48%	11.76%	3.14%	8.82%
Effective Tax Rate	18.21%	16.76%	36.47%	14.20%	46.98%	18.18%
Revenue as Reported	3,885,335	3,885,335	3,495,887	3,521,147	4,091,250	4,382,227

Updated Oct 31, 2024. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.