Swan General Ltd (MUSE:SWAN.N0000)

Swan General Income Statement

Financials in millions MUR. 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	7,645	7,001	8,500	7,500	6,865	6,310
Total Interest & Dividend Income	248.07	248.07	1,738	1,492	1,198	1,546
Gain (Loss) on Sale of Investments	-	-	1,771	1,015	1,387	694.83
Total Revenue	7,893	7,249	12,009	10,007	9,450	8,551
Revenue Growth (YoY)	-27.10%	-39.64%	20.00%	5.89%	10.52%	8.14%
Policy Benefits	6,699	6,438	6,298	5,101	5,001	4,756
Policy Acquisition & Underwriting Costs	-	-	540.25	586.9	545.54	458.52
Depreciation & Amortization	-	-	93.05	88.11	102.91	69.03
Selling, General & Administrative	-	-	1,290	1,214	1,050	979.44
Provision for Bad Debts	-	-	34.22	16.9	53.7	31.95
Other Operating Expenses	24.56	188.72	3,256	2,755	2,620	2,021
Reinsurance Income or Expense	-	-	343.08	349.99	343.09	339.05
Total Operating Expenses	6,724	6,627	11,160	9,418	9,039	7,983
Operating Income	1,169	621.87	848.14	589.1	411.17	567.5
Interest Expense	-	-	-2.21	-1.41	-4.31	-2.44
Earnings From Equity Investments	-	-	46.95	13.73	38.17	27
Currency Exchange Gain (Loss)	-	-	-20.44	287.44	165.2	57.3
Other Non Operating Income (Expenses)	-	-	96.23	40.44	200.94	18.23
EBT Excluding Unusual Items	1,169	621.87	968.67	929.29	811.18	667.59
Impairment of Goodwill	-	-	-	-	-2.49	-
Gain (Loss) on Sale of Assets	-	-	11.1	-0.09	-0.24	49.82
Asset Writedown	-	-	-	-	-9.36	-
Pretax Income	1,169	621.87	979.76	929.2	799.1	717.41
Income Tax Expense	67.46	19.67	63.64	83.08	28.04	56.61
Earnings From Continuing Ops.	1,102	602.2	916.12	846.12	771.05	660.8
Minority Interest in Earnings	-195.22	-159.68	-152	-153.62	-128.88	-94.97
Net Income	906.74	442.52	764.12	692.51	642.17	565.84
Net Income to Common	906.74	442.52	764.12	692.51	642.17	565.84
Net Income Growth	21.24%	-42.09%	10.34%	7.84%	13.49%	-7.44%
Shares Outstanding (Basic)	8	8	8	8	8	8
Shares Outstanding (Diluted)	8	8	8	8	8	8
Shares Change (YoY)	0.01%	0.00%	-	-	-	-
EPS (Basic)	109.56	53.47	92.33	83.68	77.60	68.37
EPS (Diluted)	109.56	53.47	92.33	83.68	77.60	68.37
EPS Growth	21.22%	-42.09%	10.34%	7.84%	13.49%	-7.44%
Free Cash Flow	2,429	848.15	667.63	875.68	1,208	839.97
Free Cash Flow Per Share	293.46	102.48	80.67	105.81	146.02	101.50
Dividend Per Share	20.150	20.150	15.120	14.400	14.400	14.400
Dividend Growth	33.27%	33.27%	5.00%	-	-	20.00%
Operating Margin	14.82%	8.58%	7.06%	5.89%	4.35%	6.64%
Profit Margin	11.49%	6.11%	6.36%	6.92%	6.79%	6.62%
Free Cash Flow Margin	30.77%	11.70%	5.56%	8.75%	12.79%	9.82%
EBITDA	-	673.97	900.23	642.12	478.74	619.54
EBITDA Margin	-	9.30%	7.50%	6.42%	5.07%	7.25%
D&A For EBITDA	-	52.1	52.1	53.03	67.57	52.04
EBIT	1,169	621.87	848.14	589.1	411.17	567.5
EBIT Margin	14.82%	8.58%	7.06%	5.89%	4.35%	6.64%
Effective Tax Rate	5.77%	3.16%	6.50%	8.94%	3.51%	7.89%

Updated Nov 14, 2023. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.