NN Group N.V. (LON:0QVV)

NN Group Income Statement

Financials in millions EUR. 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	3,763	8,166	7,719	12,820	12,602
Total Interest & Dividend Income	2,149	-1,720	6,358	3,885	3,960
Gain (Loss) on Sale of Investments	-	3,430	-5,911	1,666	654
Non-Insurance Activities Revenue	129	-	-	-	-
Other Revenue	859	388	342	713	1,527
Total Revenue	6,900	10,264	8,508	19,084	18,743
Revenue Growth (YoY)	-32.77%	20.64%	-55.42%	1.82%	-7.54%
Policy Benefits	2,460	5,144	4,880	11,943	11,943
Policy Acquisition & Underwriting Costs	686	363	362	1,269	1,222
Amortization of Goodwill & Intangibles	28	-	-	33	27
Selling, General & Administrative	754	3,053	2,622	72	65
Other Operating Expenses	345	-48	-134	939	894
Reinsurance Income or Expense	42	-236	-52	-	-
Total Operating Expenses	4,229	8,748	7,782	15,666	15,611
Operating Income	2,671	1,516	726	3,418	3,132
Interest Expense	-147	-	-	-521	-511
Currency Exchange Gain (Loss)	-	-	-	672	-434
Other Non Operating Income (Expenses)	-499	-	-	-	-
EBT Excluding Unusual Items	2,025	1,516	726	3,569	2,187
Merger & Restructuring Charges	-	-	-	-31	-82
Gain (Loss) on Sale of Assets	-	16	-78	53	100
Asset Writedown	-	-	-	241	-21
Other Unusual Items	-89	-	-	-	12
Pretax Income	1,936	1,532	648	3,832	2,196
Income Tax Expense	334	348	108	669	385
Earnings From Continuing Ops.	1,602	1,184	540	3,163	1,811
Earnings From Discontinued Ops.	-	-	1,089	127	111
Net Income to Company	1,602	1,184	1,629	3,290	1,922
Minority Interest in Earnings	-19	-12	5	-12	-18
Net Income	1,583	1,172	1,634	3,278	1,904
Preferred Dividends & Other Adjustments	66	51	58	59	59
Net Income to Common	1,517	1,121	1,576	3,219	1,845
Net Income Growth	35.07%	-28.27%	-50.15%	72.16%	-2.96%
Shares Outstanding (Basic)	272	277	296	309	314
Shares Outstanding (Diluted)	272	278	296	309	315
Shares Change (YoY)	-2.02%	-6.15%	-4.40%	-1.68%	-4.95%
EPS (Basic)	5.58	4.04	5.33	10.42	5.87
EPS (Diluted)	5.58	4.04	5.33	10.41	5.87
EPS Growth	38.12%	-24.25%	-48.77%	77.35%	2.09%
Free Cash Flow	-	62	-8,119	-2,641	6,953
Free Cash Flow Per Share	-	0.22	-27.46	-8.54	22.10
Dividend Per Share	3.440	3.200	2.790	2.490	3.730
Dividend Growth	7.50%	14.70%	12.05%	-33.24%	390.79%
Operating Margin	38.71%	14.77%	8.53%	17.91%	16.71%
Profit Margin	21.99%	10.92%	18.52%	16.87%	9.84%
Free Cash Flow Margin	-	0.60%	-95.43%	-13.84%	37.10%
EBITDA	2,742	1,587	793	3,482	3,193
EBITDA Margin	39.74%	15.46%	9.32%	18.25%	17.04%
D&A For EBITDA	71	71	67	64	61
EBIT	2,671	1,516	726	3,418	3,132
EBIT Margin	38.71%	14.77%	8.53%	17.91%	16.71%
Effective Tax Rate	17.25%	22.72%	16.67%	17.46%	17.53%

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