Aviva plc (AIVAF)

Aviva Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	20,747	18,497	16,889	14,390	14,995
Total Interest & Dividend Income	6,687	40	41,503	-6,850	1,945
Gain (Loss) on Sale of Investments	11,019	15,294	-55,957	7,634	7,587
Other Revenue	-15,714	-12,249	13,776	1,488	1,317
Total Revenue	22,739	21,582	16,203	16,662	25,844
Revenue Growth (YoY)	5.36%	33.20%	-2.75%	-35.53%	-39.83%
Policy Benefits	18,929	16,978	15,888	10,794	18,019
Policy Acquisition & Underwriting Costs	-	-	-	3,021	2,889
Other Operating Expenses	1,967	2,047	1,792	2,586	1,879
Reinsurance Income or Expense	-	-	-	-151	-158
Total Operating Expenses	20,919	19,050	17,700	16,565	22,962
Operating Income	1,820	2,532	-1,497	97	2,882
Interest Expense	-372	-376	-369	-427	-466
Earnings From Equity Investments	136	-71	8	146	-3
Currency Exchange Gain (Loss)	-166	55	777	9	-185
Other Non Operating Income (Expenses)	-96	-78	-81	-114	-66
EBT Excluding Unusual Items	1,322	2,062	-1,162	-289	2,162
Merger & Restructuring Charges	-217	-61	-	-	-
Impairment of Goodwill	-	-	-	-	-16
Gain (Loss) on Sale of Assets	191	-10	-	22	12
Asset Writedown	-29	-301	-1,154	1,068	-346
Other Unusual Items	-	-	77	-	-
Pretax Income	1,267	1,690	-2,239	801	1,812
Income Tax Expense	562	584	-1,209	465	346
Earnings From Continuing Ops.	705	1,106	-1,030	336	1,466
Earnings From Discontinued Ops.	-	-	-	1,700	1,444
Net Income to Company	705	1,106	-1,030	2,036	2,910
Minority Interest in Earnings	-22	-21	-21	-70	-112
Net Income	683	1,085	-1,051	1,966	2,798
Preferred Dividends & Other Adjustments	50	51	34	17	44
Net Income to Common	633	1,034	-1,085	1,949	2,754
Net Income Growth	-37.05%	-	-	-29.74%	9.81%
Shares Outstanding (Basic)	2,685	2,744	3,126	2,956	2,983
Shares Outstanding (Diluted)	2,716	2,777	3,126	2,981	2,997
Shares Change (YoY)	-2.20%	-11.16%	4.87%	-0.56%	0.48%
EPS (Basic)	0.24	0.38	-0.35	0.66	0.92
EPS (Diluted)	0.23	0.37	-0.35	0.65	0.92
EPS Growth	-37.37%	-	-	-28.80%	9.75%
Free Cash Flow	8,395	-2,881	15,867	134	-2,559
Free Cash Flow Per Share	3.09	-1.04	5.08	0.04	-0.85
Dividend Per Share	0.357	0.334	0.310	0.290	0.276
Dividend Growth	6.89%	7.74%	6.86%	4.99%	35.51%
Operating Margin	8.00%	11.73%	-9.24%	0.58%	11.15%
Profit Margin	2.78%	4.79%	-6.70%	11.70%	10.66%
Free Cash Flow Margin	36.92%	-13.35%	97.93%	0.80%	-9.90%
EBITDA	1,975	2,670	-1,331	264	3,085
EBITDA Margin	8.69%	12.37%	-8.21%	1.58%	11.94%
D&A For EBITDA	155	138	166	167	203
EBIT	1,820	2,532	-1,497	97	2,882
EBIT Margin	8.00%	11.73%	-9.24%	0.58%	11.15%
Effective Tax Rate	44.36%	34.56%	-	58.05%	19.09%
Revenue as Reported	-	-	-	33,184	31,292

Source: S&P Capital IQ. Insurance template. Financial Sources.