Atlas Insurance Income Statement

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

Millions PKR. 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	3,549	2,882	2,379	2,133	1,831
Total Interest & Dividend Income	2,080	1,047	641.48	385.22	333.64
Gain (Loss) on Sale of Investments	-	901.26	12.44	-351.22	8.02
Other Revenue	133.29	280.07	280.71	128.1	49.38
Total Revenue	5,763	5,110	3,313	2,295	2,222
Revenue Growth (YoY)	12.76%	54.23%	44.38%	3.30%	30.19%
Policy Benefits	1,054	777.22	702.55	721.23	622.19
Policy Acquisition & Underwriting Costs	-	635.83	498.73	326.64	23.34
Selling, General & Administrative	1,413	1,238	986.91	781.57	644.37
Other Operating Expenses	4.4	-659.33	-745.38	-638.48	-257.73
Total Operating Expenses	2,472	1,992	1,443	1,191	1,032
Operating Income	3,291	3,118	1,871	1,104	1,190
Interest Expense	-20.26	-11.82	-11.9	-9.27	-7.52
Currency Exchange Gain (Loss)	-	-1	-36.97	-5.31	-1.84
Other Non Operating Income (Expenses)	122.74	1.89	0.37	1.69	1.03
EBT Excluding Unusual Items	3,393	3,107	1,822	1,091	1,181
Gain (Loss) on Sale of Assets	-	4	0.43	4.49	0.26
Pretax Income	3,393	3,111	1,823	1,096	1,182
Income Tax Expense	1,317	1,222	815.45	376.31	346.13
Net Income	2,077	1,889	1,007	719.31	835.38
Net Income to Common	2,077	1,889	1,007	719.31	835.38
Net Income Growth	9.96%	87.53%	40.02%	-13.89%	29.43%
Shares Outstanding (Basic)	149	149	149	149	149
Shares Outstanding (Diluted)	149	149	149	149	149
Shares Change (YoY)	-0.01%	-	-	-	0.00%
EPS (Basic)	13.90	12.64	6.74	4.81	5.59
EPS (Diluted)	13.90	12.64	6.74	4.81	5.59
EPS Growth	9.96%	87.53%	40.02%	-13.89%	29.43%
Free Cash Flow	-413.29	48.73	502.15	751.09	1,026
Free Cash Flow Per Share	-2.77	0.33	3.36	5.03	6.87
Dividend Per Share	8.500	8.500	4.600	4.375	3.977
Dividend Growth	-	84.78%	5.14%	10.00%	-
Operating Margin	57.11%	61.02%	56.46%	48.11%	53.54%
Profit Margin	36.04%	36.96%	30.40%	31.34%	37.60%
Free Cash Flow Margin	-7.17%	0.95%	15.15%	32.73%	46.17%
EBITDA	3,364	3,177	1,908	1,133	1,211
EBITDA Margin	58.38%	62.17%	57.58%	49.35%	54.50%
D&A For EBITDA	73.25	58.67	37.29	28.51	21.36
EBIT	3,291	3,118	1,871	1,104	1,190
EBIT Margin	57.11%	61.02%	56.46%	48.11%	53.54%
Effective Tax Rate	38.80%	39.29%	44.74%	34.35%	29.30%

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