NASE:KNRE 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	12,581	14,151	14,458	22,611	19,036
Total Interest & Dividend Income	5,356	4,898	5,488	4,624	3,615
Gain (Loss) on Sale of Investments	-	-217.23	-18.45	-	42.83
Other Revenue	136.55	723.7	526.96	123.42	194.95
Total Revenue	18,074	19,556	20,455	27,359	22,889
Revenue Growth (YoY)	-7.58%	-4.39%	-25.23%	19.53%	-8.59%
Policy Benefits	12,473	10,465	12,326	22,321	10,645
Policy Acquisition & Underwriting Costs	-	801.94	1,337	-	5,260
Selling, General & Administrative	1,793	1,355	1,279	1,311	2,096
Provision for Bad Debts	-	-	-	-	909.37
Other Operating Expenses	-143.29	-54.9	130.39	-57.2	-
Total Operating Expenses	14,123	12,567	15,073	23,574	18,910
Operating Income	3,951	6,989	5,381	3,785	3,979
Earnings From Equity Investments	816.5	-	-	761.49	404.71
Currency Exchange Gain (Loss)	-247.65	-1,684	1,438	138.37	-
EBT Excluding Unusual Items	4,519	5,305	6,819	4,685	4,384
Asset Writedown	305.82	343.01	216.06	-92.15	-116.64
Pretax Income	4,825	5,648	7,035	4,592	4,268
Income Tax Expense	901.6	1,211	2,062	1,079	1,112
Net Income	3,924	4,437	4,973	3,513	3,155
Net Income to Common	3,924	4,437	4,973	3,513	3,155
Net Income Growth	-11.57%	-10.78%	41.57%	11.33%	7.22%
Shares Outstanding (Basic)	5,605	5,600	5,600	5,600	5,600
Shares Outstanding (Diluted)	5,605	5,600	5,600	5,600	5,600
Shares Change (YoY)	0.10%	-	-	-	-
EPS (Basic)	0.70	0.79	0.89	0.63	0.56
EPS (Diluted)	0.70	0.79	0.89	0.63	0.56
EPS Growth	-11.66%	-10.78%	41.57%	11.33%	7.22%
Free Cash Flow	854.75	4,420	374.06	-361.1	3,261
Free Cash Flow Per Share	0.15	0.79	0.07	-0.06	0.58
Dividend Per Share	0.150	0.150	0.150	0.100	0.050
Dividend Growth	-	-	50.00%	100.00%	-50.00%
Operating Margin	21.86%	35.74%	26.31%	13.83%	17.39%
Profit Margin	21.71%	22.69%	24.31%	12.84%	13.79%
Free Cash Flow Margin	4.73%	22.60%	1.83%	-1.32%	14.25%
EBITDA	3,984	7,023	5,412	3,813	4,009
EBITDA Margin	22.04%	35.91%	26.46%	13.94%	17.51%
D&A For EBITDA	33.63	33.63	30.45	28.52	29.04
EBIT	3,951	6,989	5,381	3,785	3,979
EBIT Margin	21.86%	35.74%	26.31%	13.83%	17.39%
Effective Tax Rate	18.68%	21.44%	29.31%	23.51%	26.06%
Revenue as Reported	-	-	-	-	23,177

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.