Rosgosstrakh Insurance Company (Public Joint Stock Company) (MOEX: RGSS)

RGSS Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Premiums & Annuity Revenue	85,065	76,891	76,414	104,630	97,810	86,450
Total Interest & Dividend Income	9,725	7,284	10,867	4,952	7,471	8,305
Gain (Loss) on Sale of Investments	-733.37	-0.54	-0.16	1.23	-66.74	1,892
Total Revenue	94,057	84,175	87,281	109,583	105,215	96,648
Revenue Growth (YoY)	13.56%	-3.56%	-20.35%	4.15%	8.86%	33.59%
Policy Benefits	37,595	31,416	37,495	55,770	47,694	37,115
Policy Acquisition & Underwriting Costs	35,382	33,397	32,838	36,406	35,960	29,037
Selling, General & Administrative	9,091	8,114	6,746	9,714	8,722	11,013
Provision for Bad Debts	-194.9	-	-	-1,315	-885.8	615.95
Other Operating Expenses	4,939	5,403	3,268	-390.23	-1,264	1,423
Reinsurance Income or Expense	395.49	498.4	911.63	316.02	110.44	70.04
Total Operating Expenses	86,416	77,832	79,436	99,869	90,115	79,134
Operating Income	7,642	6,343	7,845	9,714	15,100	17,514
Interest Expense	-150.42	-146.63	-122.82	-151.17	-193.79	-90.35
Currency Exchange Gain (Loss)	-77.34	279.56	607.04	-336.85	1,296	-721.55
Other Non Operating Income (Expenses)	-	-	-	-5,872	-6,457	-
EBT Excluding Unusual Items	7,414	6,476	8,330	3,354	9,744	16,702
Gain (Loss) on Sale of Assets	-12.33	25.16	16.21	-	-	-
Asset Writedown	473.27	-	-	623.02	-223.3	-527.64
Legal Settlements	137.06	-	-	-	-	-557.71
Other Unusual Items	-	-	-	-	-	-8,233
Pretax Income	8,012	6,501	8,346	3,977	9,521	7,384
Income Tax Expense	963.92	1,549	1,606	1,527	1,903	-288.02
Earnings From Continuing Ops.	7,048	4,952	6,739	2,451	7,618	7,672
Net Income	7,048	4,952	6,739	2,451	7,618	7,672
Net Income to Common	7,048	4,952	6,739	2,451	7,618	7,672
Net Income Growth	4.24%	-26.52%	175.02%	-67.83%	-0.70%	25.66%
Shares Outstanding (Basic)	489,504	489,504	489,504	490,101	488,351	488,295
Shares Outstanding (Diluted)	489,504	489,504	489,504	490,101	488,351	488,295
Shares Change (YoY)	-	-	-0.12%	0.36%	0.01%	0.00%
EPS (Basic)	0.01	0.01	0.01	0.01	0.02	0.02
EPS (Diluted)	0.01	0.01	0.01	0.01	0.02	0.02
EPS Growth	42.18%	0%	100.00%	-67.95%	-0.70%	25.66%
Free Cash Flow	14,562	16,841	-1,305	28,934	20,144	9,679
Free Cash Flow Per Share	0.03	0.03	-0.00	0.06	0.04	0.02
Dividend Per Share	0.004	0.004	-	-	0.025	-
Operating Margin	8.12%	7.54%	8.99%	8.86%	14.35%	18.12%
Profit Margin	7.49%	5.88%	7.72%	2.24%	7.24%	7.94%
Free Cash Flow Margin	15.48%	20.01%	-1.50%	26.40%	19.15%	10.01%
EBITDA	8,408	7,013	8,470	10,174	15,559	17,929
EBITDA Margin	8.94%	8.33%	9.70%	9.28%	14.79%	18.55%
D&A For EBITDA	766.31	669.45	624.75	459.77	459.77	414.99
EBIT	7,642	6,343	7,845	9,714	15,100	17,514
EBIT Margin	8.12%	7.54%	8.99%	8.86%	14.35%	18.12%
Effective Tax Rate	12.03%	23.83%	19.25%	38.38%	19.98%	-

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