MAPFRE Middlesea p.l.c. Income Statement

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

Millions EUR. 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	155.68	146.69	140.58	131.41	384.96
Total Interest & Dividend Income	13.08	19.87	2.88	-24.59	97.86
Gain (Loss) on Sale of Investments	-	-	-	0.54	-
Other Revenue	-5.35	-11.85	-6.29	11.73	0.79
Total Revenue	163.41	154.72	137.17	119.09	483.6
Revenue Growth (YoY)	5.62%	12.79%	15.19%	-75.38%	24.30%
Policy Benefits	127.21	123.87	107.29	106.43	316.59
Selling, General & Administrative	-	-	-	-	43.22
Provision for Bad Debts	-0.06	-0.01	0.02	-	-
Other Operating Expenses	6.65	6.05	5.84	4.37	103.2
Total Operating Expenses	133.8	129.91	113.15	110.79	463.01
Operating Income	29.62	24.8	24.02	8.29	20.59
Interest Expense	-	-	-	-	-0.12
Other Non Operating Income (Expenses)	-	-	-	-	1.44
EBT Excluding Unusual Items	29.62	24.8	24.02	8.29	21.91
Asset Writedown	-	-	-	-	-1.52
Pretax Income	29.62	24.8	24.02	8.29	20.39
Income Tax Expense	9.1	6.81	8.08	2.68	7.47
Earnings From Continuing Ops.	20.51	17.99	15.94	5.62	12.92
Minority Interest in Earnings	-5.58	-5.48	-4.63	-1.14	-5.28
Net Income	14.94	12.52	11.31	4.48	7.64
Net Income to Common	14.94	12.52	11.31	4.48	7.64
Net Income Growth	19.30%	10.70%	152.66%	-41.44%	-16.22%
Shares Outstanding (Basic)	92	92	92	92	92
Shares Outstanding (Diluted)	92	92	92	92	92
EPS (Basic)	0.16	0.14	0.12	0.05	0.08
EPS (Diluted)	0.16	0.14	0.12	0.05	0.08
EPS Growth	19.30%	10.70%	152.66%	-41.44%	-16.22%
Free Cash Flow	18.86	-21.49	-94.87	-49.6	29.43
Free Cash Flow Per Share	0.20	-0.23	-1.03	-0.54	0.32
Dividend Per Share	0.091	0.080	0.073	0.055	0.030
Dividend Growth	13.53%	9.87%	33.76%	79.66%	-42.02%
Operating Margin	18.13%	16.03%	17.51%	6.96%	4.26%
Profit Margin	9.14%	8.09%	8.24%	3.76%	1.58%
Free Cash Flow Margin	11.54%	-13.89%	-69.16%	-41.65%	6.09%
EBITDA	30.65	25.93	25.1	9.36	21.45
EBITDA Margin	18.75%	16.76%	18.30%	7.86%	4.43%
D&A For EBITDA	1.03	1.13	1.08	1.07	0.86
EBIT	29.62	24.8	24.02	8.29	20.59
EBIT Margin	18.13%	16.03%	17.51%	6.96%	4.26%
Effective Tax Rate	30.74%	27.46%	33.62%	32.28%	36.62%

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