Syarikat Takaful Malaysia Keluarga Berhad (KLSE: TAKAFUL)

KLSE: TAKAFUL Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Premiums & Annuity Revenue	2,727	2,308	2,093	2,243	2,073	2,354
Total Interest & Dividend Income	323.14	325.08	288.12	381.26	375.63	364.31
Gain (Loss) on Sale of Investments	48.13	20.79	-34.75	28.28	46.91	46.77
Other Revenue	-18.51	-6.01	-8.58	98.42	81.63	65.93
Total Revenue	3,080	2,648	2,338	2,751	2,577	2,831
Revenue Growth (YoY)	8.26%	13.28%	-15.02%	6.75%	-8.98%	24.98%
Policy Benefits	1,880	1,567	1,518	1,611	1,511	1,713
Policy Acquisition & Underwriting Costs	607.19	555.74	348.96	-	-	-
Selling, General & Administrative	-	-	-	687.9	580.43	640.03
Other Operating Expenses	42.7	18.15	17.18	13.48	59.86	61.04
Total Operating Expenses	2,529	2,141	1,885	2,313	2,151	2,414
Operating Income	550.57	507.64	453.1	438.33	425.92	417.51
EBT Excluding Unusual Items	550.57	507.64	453.1	438.33	425.92	417.51
Gain (Loss) on Sale of Assets	-	-	-	0.1	0.01	0.01
Asset Writedown	-	-	-	0.27	0.89	0.22
Pretax Income	550.57	507.64	453.1	438.7	426.82	417.74
Income Tax Expense	183.82	160.56	169.68	26.5	63.24	51.44
Earnings From Continuing Ops.	366.75	347.08	283.42	412.2	363.58	366.3
Minority Interest in Earnings	-0.39	-0.17	-0.56	-0.78	-1.16	-1.46
Net Income	366.37	346.91	282.86	411.42	362.42	364.84
Net Income to Common	366.37	346.91	282.86	411.42	362.42	364.84
Net Income Growth	6.59%	22.64%	-31.25%	13.52%	-0.66%	23.71%
Shares Outstanding (Basic)	837	837	836	832	828	826
Shares Outstanding (Diluted)	837	837	837	835	832	830
Shares Change (YoY)	0.01%	0.09%	0.17%	0.41%	0.16%	0.40%
EPS (Basic)	0.44	0.41	0.34	0.49	0.44	0.44
EPS (Diluted)	0.44	0.41	0.34	0.49	0.44	0.44
EPS Growth	6.60%	22.54%	-31.38%	13.08%	-0.84%	23.22%
Free Cash Flow	-95.51	-1,099	1,333	245.71	270.42	-117.76
Free Cash Flow Per Share	-0.11	-1.31	1.59	0.29	0.33	-0.14
Dividend Per Share	0.170	0.140	0.135	0.120	0.120	0.200
Dividend Growth	21.43%	3.70%	12.50%	0%	-40.00%	33.33%
Operating Margin	17.88%	19.17%	19.38%	15.93%	16.53%	14.75%
Profit Margin	11.89%	13.10%	12.10%	14.96%	14.06%	12.89%
Free Cash Flow Margin	-3.10%	-41.50%	57.03%	8.93%	10.49%	-4.16%
EBITDA	557.27	515.79	463.17	490.84	470.59	458.25
EBITDA Margin	18.09%	19.48%	19.81%	17.84%	18.26%	16.18%
D&A For EBITDA	6.7	8.14	10.07	52.51	44.67	40.74
EBIT	550.57	507.64	453.1	438.33	425.92	417.51
EBIT Margin	17.88%	19.17%	19.38%	15.93%	16.53%	14.75%
Effective Tax Rate	33.39%	31.63%	37.45%	6.04%	14.82%	12.31%

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