MURGF Income Statement

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

Millions EUR. 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	58,856	59,164	56,307	55,187	55,202
Total Interest & Dividend Income	3,080	1,266	1,693	3,488	5,379
Gain (Loss) on Sale of Investments	-302	-244	-894	-2,705	2,677
Other Revenue	481	963	718	395	219
Total Revenue	62,115	61,149	57,824	56,365	63,477
Revenue Growth (YoY)	1.58%	5.75%	2.59%	-11.20%	7.67%
Policy Benefits	40,728	42,550	40,693	40,393	45,383
Policy Acquisition & Underwriting Costs	1	-	-	-	-
Selling, General & Administrative	9,330	8,968	8,617	7,807	13,674
Other Operating Expenses	2,278	2,379	2,568	2,103	730
Total Operating Expenses	52,337	53,897	51,878	50,303	59,787
Operating Income	9,778	7,252	5,946	6,062	3,690
Interest Expense	-248	-207	-168	-287	-352
Currency Exchange Gain (Loss)	-1,425	175	-292	1,067	262
Other Non Operating Income (Expenses)	523	546	47	-207	-1
EBT Excluding Unusual Items	8,628	7,766	5,533	6,635	3,599
Merger & Restructuring Charges	-	-	-	-	-57
Asset Writedown	-	-4	-	-1	-58
Pretax Income	8,628	7,762	5,533	6,634	3,484
Income Tax Expense	2,507	2,091	936	1,324	552
Earnings From Continuing Ops.	6,121	5,671	4,597	5,310	2,932
Minority Interest in Earnings	-3	14	9	3	1
Net Income	6,118	5,685	4,606	5,313	2,933
Net Income to Common	6,118	5,685	4,606	5,313	2,933
Net Income Growth	7.62%	23.43%	-13.31%	81.15%	142.20%
Shares Outstanding (Basic)	130	133	136	139	140
Shares Outstanding (Diluted)	130	133	136	139	140
Shares Change (YoY)	-2.35%	-2.27%	-2.43%	-0.52%	-0.13%
EPS (Basic)	47.15	42.78	33.87	38.12	20.94
EPS (Diluted)	47.15	42.78	33.87	38.12	20.94
EPS Growth	10.21%	26.30%	-11.15%	82.10%	142.52%
Free Cash Flow	-	2,976	2,395	3,832	5,226
Free Cash Flow Per Share	-	22.39	17.61	27.50	37.30
Dividend Per Share	-	20.000	15.000	11.600	11.000
Dividend Growth	-	33.33%	29.31%	5.46%	12.25%
Operating Margin	15.74%	11.86%	10.28%	10.76%	5.81%
Profit Margin	9.85%	9.30%	7.97%	9.43%	4.62%
Free Cash Flow Margin	-	4.87%	4.14%	6.80%	8.23%
EBITDA	-	-	8,570	8,686	4,042
EBITDA Margin	-	-	14.82%	15.41%	6.37%
D&A For EBITDA	-	-	2,624	2,624	352
EBIT	9,778	7,252	5,946	6,062	3,690
EBIT Margin	15.74%	11.86%	10.28%	10.76%	5.81%
Effective Tax Rate	29.06%	26.94%	16.92%	19.96%	15.84%

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