PT Sinar Mas Multiartha Tbk (IDX:SMMA)

IDX:SMMA Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	17,184,184	18,035,097	23,265,196	27,669,009	29,406,635
Total Interest & Dividend Income	5,970,716	5,852,771	5,643,540	5,329,459	5,530,407
Gain (Loss) on Sale of Investments	851,338	432,246	736,159	3,187,833	-1,065,424
Non-Insurance Activities Revenue	1,251,784	1,017,686	738,729	674,928	756,546
Other Revenue	1,549,828	1,006,144	1,486,640	1,517,082	1,421,327
Total Revenue	26,807,850	26,343,944	31,870,264	38,378,311	36,049,491
Revenue Growth (YoY)	1.76%	-17.34%	-16.96%	6.46%	-13.94%
Policy Benefits	17,054,079	16,752,587	23,900,871	29,374,408	27,146,022
Selling, General & Administrative	2,927,097	2,238,830	2,033,572	2,019,942	2,611,033
Non-Insurance Activities Expense	661,602	449,330	271,912	224,520	346,059
Other Operating Expenses	637,339	1,668,130	1,034,171	2,203,259	2,373,986
Total Operating Expenses	23,626,595	23,285,531	29,202,506	35,558,692	34,294,899
Operating Income	3,181,255	3,058,413	2,667,758	2,819,619	1,754,592
Interest Expense	-2,029,732	-1,836,091	-1,533,609	-1,670,705	-1,815,802
Earnings From Equity Investments	-	-	-	-3,816	-
Currency Exchange Gain (Loss)	163,953	197,591	241,189	76,627	46,629
Other Non Operating Income (Expenses)	-201,143	-136,967	-130,738	-85,654	-
EBT Excluding Unusual Items	1,114,333	1,282,946	1,244,600	1,136,071	-14,581
Gain (Loss) on Sale of Assets	5,303	1,311	2,715	3,019	4,007
Pretax Income	1,119,636	1,284,257	1,247,315	1,139,090	-10,574
Income Tax Expense	222,353	95,542	345,315	147,310	-27,252
Earnings From Continuing Ops.	897,283	1,188,715	902,000	991,780	16,678
Minority Interest in Earnings	-56,486	-19,769	-57,437	-43,680	-36,882
Net Income	840,797	1,168,946	844,563	948,100	-20,204
Net Income to Common	840,797	1,168,946	844,563	948,100	-20,204
Net Income Growth	-28.07%	38.41%	-10.92%	-	-
Shares Outstanding (Basic)	6,368	6,368	6,368	6,368	6,368
Shares Outstanding (Diluted)	6,368	6,368	6,368	6,368	6,368
EPS (Basic)	132.04	183.58	132.63	148.89	-3.17
EPS (Diluted)	132.00	183.58	132.63	148.89	-3.17
EPS Growth	-28.09%	38.41%	-10.92%	-	-
Free Cash Flow	5,120,056	6,981,396	-6,459,095	9,612,938	2,024,715
Free Cash Flow Per Share	804.07	1096.38	-1014.36	1509.65	317.97
Operating Margin	11.87%	11.61%	8.37%	7.35%	4.87%
Profit Margin	3.14%	4.44%	2.65%	2.47%	-0.06%
Free Cash Flow Margin	19.10%	26.50%	-20.27%	25.05%	5.62%
EBITDA	3,652,880	3,501,982	3,154,918	3,157,674	2,300,819
EBITDA Margin	13.63%	13.29%	9.90%	8.23%	6.38%
D&A For EBITDA	471,625	443,569	487,160	338,055	546,227
EBIT	3,181,255	3,058,413	2,667,758	2,819,619	1,754,592
EBIT Margin	11.87%	11.61%	8.37%	7.35%	4.87%
Effective Tax Rate	19.86%	7.44%	27.68%	12.93%	-
Revenue as Reported	27,194,468	26,930,150	33,188,103	38,533,098	38,259,352

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