LON:0KOC Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Premiums & Annuity Revenue	81,661	70,799	58,665	49,241	44,369
Total Interest & Dividend Income	3,549	2,803	1,866	1,236	835.4
Gain (Loss) on Sale of Investments	727	264	353	-1,912	1,509
Other Revenue	1,700	1,477	1,199	1,022	963.2
Total Revenue	87,637	75,343	62,083	49,587	47,677
Revenue Growth (YoY)	16.32%	21.36%	25.20%	4.01%	11.82%
Policy Benefits	53,959	49,060	45,655	38,123	33,628
Policy Acquisition & Underwriting Costs	17,425	14,845	10,907	9,776	9,368
Other Operating Expenses	1,752	446	349	297	252.8
Total Operating Expenses	73,136	64,351	56,911	48,196	43,248
Operating Income	14,501	10,992	5,172	1,391	4,429
Interest Expense	-278	-279	-268	-244	-218.6
EBT Excluding Unusual Items	14,223	10,713	4,904	1,147	4,210
Impairment of Goodwill	-	-	-	-225	-
Pretax Income	14,223	10,713	4,904	922	4,210
Income Tax Expense	2,915	2,233	1,001	200	859.1
Earnings From Continuing Ops.	11,308	8,480	3,903	722	3,351
Net Income	11,308	8,480	3,903	722	3,351
Preferred Dividends & Other Adjustments	-	17	38	27	26.9
Net Income to Common	11,308	8,463	3,865	695	3,324
Net Income Growth	33.35%	117.27%	440.58%	-78.45%	-41.26%
Shares Outstanding (Basic)	586	586	585	584	585
Shares Outstanding (Diluted)	588	588	588	587	587
Shares Change (YoY)	0.07%	0.03%	0.07%	-	-0.08%
EPS (Basic)	19.29	14.45	6.61	1.19	5.69
EPS (Diluted)	19.23	14.40	6.58	1.18	5.66
EPS Growth	33.54%	118.84%	457.63%	-79.15%	-41.41%
Free Cash Flow	-	14,834	10,391	6,557	7,518
Free Cash Flow Per Share	-	25.24	17.69	11.17	12.81
Dividend Per Share	13.900	4.900	1.150	0.400	1.900
Dividend Growth	183.67%	326.09%	187.50%	-78.95%	-61.22%
Operating Margin	16.55%	14.59%	8.33%	2.80%	9.29%
Profit Margin	12.90%	11.23%	6.23%	1.40%	6.97%
Free Cash Flow Margin	-	19.69%	16.74%	13.22%	15.77%
EBITDA	14,808	11,276	5,457	1,697	4,766
EBITDA Margin	16.90%	14.97%	8.79%	3.42%	10.00%
D&A For EBITDA	306.67	284	285	306	337.4
EBIT	14,501	10,992	5,172	1,391	4,429
EBIT Margin	16.55%	14.59%	8.33%	2.80%	9.29%
Effective Tax Rate	20.50%	20.84%	20.41%	21.69%	20.41%
Revenue as Reported	87,671	75,372	62,109	49,611	47,702

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.