Liberty Kenya Holdings Income Statement

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

Millions KES. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Premiums & Annuity Revenue	10,950	10,828	12,300	6,729	6,686
Total Interest & Dividend Income	-1,380	964	448.2	690.4	638.13
Gain (Loss) on Sale of Investments	5,736	590	801.82	2,167	1,478
Other Revenue	-1,910	-409	-241.82	1,336	1,110
Total Revenue	13,396	11,973	13,308	10,921	9,912
Revenue Growth (YoY)	11.88%	-10.03%	21.85%	10.19%	-13.99%
Policy Benefits	9,946	9,877	11,932	6,123	4,209
Policy Acquisition & Underwriting Costs	-	-	-	1,687	1,670
Selling, General & Administrative	-	-	-	2,782	2,923
Other Operating Expenses	1,351	1,074	855.36	-	-
Total Operating Expenses	11,297	10,951	12,787	10,591	8,802
Operating Income	2,099	1,022	520.4	330.32	1,110
Interest Expense	-8	-2	-10.76	-10.79	-12.3
EBT Excluding Unusual Items	2,091	1,020	509.64	319.53	1,098
Asset Writedown	-	-	-2.54	-7.99	-53.88
Pretax Income	2,091	1,020	507.1	311.55	1,044
Income Tax Expense	721	389	239.39	229.72	367.95
Earnings From Continuing Ops.	1,370	631	267.71	81.83	675.95
Earnings From Discontinued Ops.	32	41	-	-	-
Net Income to Company	1,402	672	267.71	81.83	675.95
Minority Interest in Earnings	-13	-16	-44.9	-1.67	-16.61
Net Income	1,389	656	222.81	80.16	659.34
Net Income to Common	1,389	656	222.81	80.16	659.34
Net Income Growth	111.74%	194.43%	177.96%	-87.84%	1.37%
Shares Outstanding (Basic)	536	536	536	536	536
Shares Outstanding (Diluted)	536	536	536	536	536
EPS (Basic)	2.59	1.22	0.42	0.15	1.23
EPS (Diluted)	2.59	1.22	0.42	0.15	1.23
EPS Growth	111.74%	194.43%	177.96%	-87.84%	1.37%
Free Cash Flow	-1,845	4,446	767.8	-1,048	-706.3
Free Cash Flow Per Share	-3.44	8.30	1.43	-1.96	-1.32
Dividend Per Share	1.000	0.373	-	-	-
Dividend Growth	168.10%	-	-	-	-
Operating Margin	15.67%	8.54%	3.91%	3.02%	11.20%
Profit Margin	10.37%	5.48%	1.67%	0.73%	6.65%
Free Cash Flow Margin	-13.77%	37.13%	5.77%	-9.60%	-7.13%
EBITDA	2,163	1,083	589.75	386.18	1,167
EBITDA Margin	16.15%	9.04%	4.43%	3.54%	11.78%
D&A For EBITDA	64	61	69.35	55.85	57.09
EBIT	2,099	1,022	520.4	330.32	1,110
EBIT Margin	15.67%	8.54%	3.91%	3.02%	11.20%
Effective Tax Rate	34.48%	38.14%	47.21%	73.73%	35.25%
Revenue as Reported	-	-	-	10,913	9,858

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