PSE:NRCP Income Statement

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

Millions PHP. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	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	4,881	4,856	4,281	2,981	2,872	3,379
Total Interest & Dividend Income	548.94	528.16	437.86	308.98	293.45	333.94
Gain (Loss) on Sale of Investments	33.95	-6.55	23.66	-109.03	87.62	-160.05
Other Revenue	-1.85	-1.85	-3.52	0.5	-2.36	-13.58
Total Revenue	5,462	5,375	4,739	3,182	3,251	3,540
Revenue Growth (YoY)	4.21%	13.42%	48.96%	-2.12%	-8.16%	-0.82%
Policy Benefits	3,162	3,428	2,922	1,937	1,962	2,006
Policy Acquisition & Underwriting Costs	1,017	951.82	829.33	864.75	908.14	1,063
Depreciation & Amortization	10.54	10.91	13.59	16.46	18.49	20.08
Selling, General & Administrative	107.27	109.94	90.61	89.2	71.45	73.13
Provision for Bad Debts	-	-	58.47	1.79	-	-
Other Operating Expenses	10.37	-16.7	-36.37	-25.33	-39.45	-1.12
Total Operating Expenses	4,556	4,711	4,074	3,075	3,085	3,316
Operating Income	906.29	664.15	665.36	106.31	165.92	223.62
Interest Expense	-0.12	-0.12	-0.03	0.97	-	-
Currency Exchange Gain (Loss)	47.75	13.45	18.06	13.96	25.4	-28.66
EBT Excluding Unusual Items	953.92	677.47	683.39	121.24	191.32	194.96
Gain (Loss) on Sale of Assets	-	-	0.42	-	-	0.02
Pretax Income	953.92	677.47	683.81	121.24	191.32	194.97
Income Tax Expense	196.28	126.13	147.66	65.54	49.62	75.06
Net Income	757.64	551.34	536.15	55.7	141.7	119.92
Net Income to Common	757.64	551.34	536.15	55.7	141.7	119.92
Net Income Growth	0.90%	2.83%	862.55%	-60.69%	18.16%	-23.48%
Shares Outstanding (Basic)	2,124	2,124	2,124	2,124	2,124	2,124
Shares Outstanding (Diluted)	2,124	2,124	2,124	2,124	2,124	2,124
EPS (Basic)	0.36	0.26	0.25	0.03	0.07	0.06
EPS (Diluted)	0.36	0.26	0.25	0.03	0.07	0.06
EPS Growth	1.07%	3.03%	860.77%	-60.69%	18.16%	-23.48%
Free Cash Flow	104.43	-495.79	194.05	-79.97	-26.33	228.34
Free Cash Flow Per Share	0.05	-0.23	0.09	-0.04	-0.01	0.11
Operating Margin	16.59%	12.36%	14.04%	3.34%	5.10%	6.32%
Profit Margin	13.87%	10.26%	11.31%	1.75%	4.36%	3.39%
Free Cash Flow Margin	1.91%	-9.22%	4.09%	-2.51%	-0.81%	6.45%
EBITDA	916.01	674.23	674.55	122.39	184.41	243.7
EBITDA Margin	16.77%	12.54%	14.23%	3.85%	5.67%	6.88%
D&A For EBITDA	9.72	10.08	9.19	16.09	18.49	20.08
EBIT	906.29	664.15	665.36	106.31	165.92	223.62
EBIT Margin	16.59%	12.36%	14.04%	3.34%	5.10%	6.32%
Effective Tax Rate	20.58%	18.62%	21.59%	54.06%	25.93%	38.50%
Revenue as Reported	-	-	-	-	-	3,379

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.