Unipol Assicurazioni S.p.A. (UFGSY)

Unipol Assicurazioni Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	10,079	10,030	10,208	8,739	11,879	11,349
Total Interest & Dividend Income	-80	-80	88	493	1,261	1,243
Gain (Loss) on Sale of Investments	642	642	471	-682	61.3	438.1
Other Revenue	428	418	700	415	1,371	766.8
Total Revenue	11,069	11,010	11,467	8,965	14,572	13,797
Revenue Growth (YoY)	-3.57%	-3.98%	27.91%	-38.48%	5.62%	-17.09%
Policy Benefits	9,189	9,189	9,801	7,665	9,809	8,844
Policy Acquisition & Underwriting Costs	-	-	-	-	1,894	1,865
Selling, General & Administrative	566	566	489	390	683.6	623.8
Other Operating Expenses	-1,042	-1,042	-1,085	-500	1,184	1,311
Total Operating Expenses	8,713	8,713	9,205	7,555	13,571	12,644
Operating Income	2,356	2,297	2,262	1,410	1,001	1,153
Interest Expense	-223	-223	-186	-152	-160.8	-163.5
Earnings From Equity Investments	-	-	-	-	-1.6	-0.5
Currency Exchange Gain (Loss)	32	32	-11	-3	45.4	14.5
Other Non Operating Income (Expenses)	-45	-44	-10	-14	2.1	1.3
EBT Excluding Unusual Items	2,120	2,062	2,055	1,241	885.9	1,005
Gain (Loss) on Sale of Assets	-	-	-	-	73.2	5.7
Asset Writedown	-767	-767	-510	-383	-42.5	2.5
Other Unusual Items	21	21	20	17	34.2	13
Pretax Income	1,374	1,316	1,565	875	950.8	1,026
Income Tax Expense	212	197	234	200	154.6	161.7
Earnings From Continuing Ops.	1,162	1,119	1,331	675	796.2	864.1
Net Income to Company	1,162	1,119	1,331	675	796.2	864.1
Minority Interest in Earnings	-11	-45	-230	-150	-169.6	-156.7
Net Income	1,151	1,074	1,101	525	626.6	707.4
Preferred Dividends & Other Adjustments	25	25	-	-	-	-
Net Income to Common	1,126	1,049	1,101	525	626.6	707.4
Net Income Growth	0.22%	-2.45%	109.71%	-16.21%	-11.42%	-21.62%
Shares Outstanding (Basic)	716	716	716	715	716	716
Shares Outstanding (Diluted)	716	716	716	715	716	716
Shares Change (YoY)	0.02%	-	0.14%	-0.15%	-	0.01%
EPS (Basic)	1.57	1.47	1.54	0.73	0.88	0.99
EPS (Diluted)	1.57	1.47	1.54	0.73	0.88	0.99
EPS Growth	-1.98%	-4.72%	109.42%	-16.09%	-11.42%	-21.63%
Free Cash Flow	-	1,593	244	905	1,409	503.1
Free Cash Flow Per Share	-	2.23	0.34	1.27	1.97	0.70
Dividend Per Share	-	0.850	0.380	0.370	0.580	0.280
Dividend Growth	-	123.68%	2.70%	-36.21%	107.14%	-
Operating Margin	21.29%	20.86%	19.73%	15.73%	6.87%	8.36%
Profit Margin	10.17%	9.53%	9.60%	5.86%	4.30%	5.13%
Free Cash Flow Margin	-	14.47%	2.13%	10.10%	9.67%	3.65%
EBITDA	3,285	3,051	2,315	1,461	1,051	1,505
EBITDA Margin	29.68%	27.71%	20.19%	16.30%	7.21%	10.90%
D&A For EBITDA	929.25	754	53	51	49.7	351.8
EBIT	2,356	2,297	2,262	1,410	1,001	1,153
EBIT Margin	21.29%	20.86%	19.73%	15.73%	6.87%	8.36%
Effective Tax Rate	15.43%	14.97%	14.95%	22.86%	16.26%	15.76%
Revenue as Reported	-	-	-	-	15,138	14,322

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