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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	3,118,904	3,110,763	2,569,686	2,575,197	3,596,923	3,640,604
Total Interest & Dividend Income	740,827	775,779	730,589	614,382	581,843	677,340
Gain (Loss) on Sale of Investments	-458,175	-229,371	98,164	107,929	-187,337	-35,012
Other Revenue	165,961	160,114	39,034	136,771	47,243	37,385
Total Revenue	3,605,223	3,858,286	3,494,268	3,457,500	4,073,408	4,360,358
Revenue Growth (YoY)	-5.50%	10.42%	1.06%	-15.12%	-6.58%	-3.19%
Policy Benefits	1,868,843	2,058,975	1,956,316	2,154,156	3,124,914	3,318,768
Policy Acquisition & Underwriting Costs	770,890	773,042	729,924	463,171	383,543	288,473
Selling, General & Administrative	583,013	573,247	494,861	416,129	388,925	357,456
Other Operating Expenses	47,528	45,938	16,903	17,522	48,226	10,932
Total Operating Expenses	3,270,274	3,451,202	3,198,004	3,050,978	3,945,608	3,975,629
Operating Income	334,949	407,084	296,264	406,522	127,800	384,729
Currency Exchange Gain (Loss)	20,138	18,764	-11,011	49,990	2,012	18,673
EBT Excluding Unusual Items	355,087	425,848	285,253	456,512	129,812	403,402
Gain (Loss) on Sale of Assets	1,534	1,534	1,669	3,078	4,889	1,082
Asset Writedown	-8,858	-5,177	2,189	7,219	4,524	-
Legal Settlements	-	-	-90,000	-38,148	-	-
Pretax Income	347,763	422,205	199,111	428,661	139,225	404,484
Income Tax Expense	70,821	70,748	72,623	60,888	65,401	73,545
Net Income	276,942	351,457	126,488	367,773	73,824	330,939
Net Income to Common	276,942	351,457	126,488	367,773	73,824	330,939
Net Income Growth	89.87%	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)	131.88	167.36	60.23	175.13	35.15	157.59
EPS (Diluted)	131.52	167.00	60.00	175.13	35.00	157.59
EPS Growth	89.35%	178.33%	-65.74%	400.37%	-77.79%	15.44%
Free Cash Flow	-229,859	-609,781	-877,184	-1,327,051	883,362	-825,989
Free Cash Flow Per Share	-109.46	-290.37	-417.71	-631.93	420.65	-393.33
Dividend Per Share	-	-	38.000	177.000	34.000	243.000
Dividend Growth	-	-	-78.53%	420.59%	-86.01%	228.38%
Operating Margin	9.29%	10.55%	8.48%	11.76%	3.14%	8.82%
Profit Margin	7.68%	9.11%	3.62%	10.64%	1.81%	7.59%
Free Cash Flow Margin	-6.38%	-15.80%	-25.10%	-38.38%	21.69%	-18.94%
EBITDA	346,536	418,522	318,760	426,744	151,552	408,035
EBITDA Margin	9.61%	10.85%	9.12%	12.34%	3.72%	9.36%
D&A For EBITDA	11,587	11,438	22,496	20,222	23,752	23,306
EBIT	334,949	407,084	296,264	406,522	127,800	384,729
EBIT Margin	9.29%	10.55%	8.48%	11.76%	3.14%	8.82%
Effective Tax Rate	20.36%	16.76%	36.47%	14.20%	46.98%	18.18%
Revenue as Reported	3,630,042	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.