The CIC Insurance Group Plc (NASE:CIC)
Kenya · Delayed Price · Currency is KES 4.810
-0.050 (-1.03%)
At close: Aug 27, 2026
The CIC Insurance Group Income Statement
Financials in millions KES. Fiscal year is January - December.
Millions KES. 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 | 29,458 | 26,349 | 25,401 | 20,734 | 14,703 |
Total Interest & Dividend Income | 1,111 | 1,240 | 2,104 | 1,299 | 1,666 |
Gain (Loss) on Sale of Investments | 465.94 | 184.92 | -121.49 | -4.97 | 149.42 |
Other Revenue | 532.69 | 311.9 | 369 | 223.53 | 2,146 |
| 33,350 | 29,353 | 28,916 | 23,381 | 18,665 | |
Revenue Growth | 13.62% | 1.51% | 23.67% | 25.27% | 11.46% |
Policy Benefits | 29,634 | 26,005 | 24,613 | 21,288 | 10,529 |
Policy Acquisition & Underwriting Costs | - | - | - | - | 2,480 |
Selling, General & Administrative | - | - | - | - | 4,606 |
Provision for Bad Debts | 3.57 | 1.41 | 3.03 | -1.11 | -4.34 |
Other Operating Expenses | 2,049 | 1,725 | 1,451 | 1,318 | 137.08 |
Total Operating Expenses | 31,687 | 27,731 | 26,067 | 22,610 | 17,754 |
Operating Income | 1,664 | 1,622 | 2,849 | 771.24 | 911.14 |
Interest Expense | -503.48 | -578.2 | -517.82 | -440.31 | -431.08 |
Earnings From Equity Investments | - | 1.52 | -3.04 | 4.67 | - |
Currency Exchange Gain (Loss) | 135.65 | 1,365 | 82.57 | 191.76 | 398.31 |
Other Non Operating Income (Expenses) | 54.39 | 573.1 | 0.74 | 14.15 | 56.26 |
EBT Excluding Unusual Items | 1,350 | 2,984 | 2,412 | 541.5 | 934.63 |
Asset Writedown | -99.8 | 1,010 | 132.38 | 281.83 | 10.79 |
Other Unusual Items | - | - | - | - | 14.3 |
Pretax Income | 1,250 | 3,994 | 2,544 | 823.34 | 959.71 |
Income Tax Expense | 736.61 | 1,139 | 1,102 | 666.2 | 291.28 |
Earnings From Continuing Ops. | 513.82 | 2,855 | 1,442 | 157.14 | 668.44 |
Minority Interest in Earnings | 74.75 | -138.23 | 56.14 | -0.67 | -79.06 |
Net Income | 588.57 | 2,716 | 1,498 | 156.47 | 589.38 |
Net Income to Common | 588.57 | 2,716 | 1,498 | 156.47 | 589.38 |
Net Income Growth | -78.33% | 81.34% | 857.37% | -73.45% | - |
Shares Outstanding (Basic) | 2,746 | 2,877 | 2,877 | 2,877 | 2,877 |
Shares Outstanding (Diluted) | 2,746 | 2,877 | 2,877 | 2,877 | 2,877 |
Shares Change | -4.55% | - | - | - | - |
EPS (Basic) | 0.21 | 0.94 | 0.52 | 0.05 | 0.20 |
EPS (Diluted) | 0.21 | 0.94 | 0.52 | 0.05 | 0.20 |
EPS Growth | -77.30% | 81.34% | 857.37% | -73.45% | - |
Additional Metrics
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 |
Free Cash Flow | 5,789 | 3,940 | 5,460 | 4,817 | 2,002 |
Free Cash Flow Per Share | 2.11 | 1.37 | 1.90 | 1.67 | 0.70 |
Dividend Per Share | 0.118 | 0.118 | 0.118 | 0.118 | - |
Dividend Growth | 0% | 0% | 0% | - | - |
Operating Margin | 4.99% | 5.53% | 9.85% | 3.30% | 4.88% |
Profit Margin | 1.76% | 9.25% | 5.18% | 0.67% | 3.16% |
Free Cash Flow Margin | 17.36% | 13.42% | 18.88% | 20.60% | 10.73% |
EBITDA | 1,780 | 1,720 | 2,929 | 834.92 | 1,025 |
EBITDA Margin | 5.34% | 5.86% | 10.13% | 3.57% | 5.49% |
D&A For EBITDA | 116.58 | 97.79 | 80.07 | 63.69 | 114.11 |
EBIT | 1,664 | 1,622 | 2,849 | 771.24 | 911.14 |
EBIT Margin | 4.99% | 5.53% | 9.85% | 3.30% | 4.88% |
Effective Tax Rate | 58.91% | 28.52% | 43.33% | 80.92% | 30.35% |
Revenue as Reported | - | - | - | - | 19,168 |