Century Insurance Company Limited (PSX:CENI)

Century Insurance Company Income Statement

Financials in millions PKR. 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	1,442	1,360	1,197	1,072	897.58	846.1
Total Interest & Dividend Income	431.89	431.89	327.29	150.78	98.96	105.17
Gain (Loss) on Sale of Investments	178.75	178.75	150.15	46.33	23.69	-23.14
Other Revenue	41.1	77.48	76.08	61.08	52.16	28.12
Total Revenue	2,094	2,048	1,751	1,331	1,072	956.24
Revenue Growth (YoY)	13.79%	16.96%	31.57%	24.07%	12.15%	12.58%
Policy Benefits	780.97	760.64	618.52	561.53	449.75	360.17
Policy Acquisition & Underwriting Costs	-63.91	-63.91	-51.07	20.34	10.71	8.99
Amortization of Goodwill & Intangibles	0.09	0.09	0.09	0.04	-	0.01
Depreciation & Amortization	32	32	32.03	32.64	27.74	27.87
Selling, General & Administrative	172.87	148.43	124.55	127.7	98.09	94.65
Provision for Bad Debts	1.08	1.08	-1.18	0.13	-2.88	15.41
Other Operating Expenses	-87.55	-88.16	-84.77	-157.2	-116.22	-61.89
Total Operating Expenses	1,158	1,112	926.61	842.14	690.13	658.08
Operating Income	936.32	935.37	824.07	488.41	382.27	298.16
Interest Expense	-8	-7.2	-3.77	-4.73	-5.63	-6.24
Earnings From Equity Investments	8.8	8.57	9.56	8.28	12.99	12.41
Currency Exchange Gain (Loss)	-	-	-	-	-	0.09
Other Non Operating Income (Expenses)	0.3	1.76	-0.07	-0.98	-0.64	-0.56
EBT Excluding Unusual Items	937.41	938.51	829.79	490.98	388.98	303.86
Gain (Loss) on Sale of Investments	-	-	-	-	-	3.25
Gain (Loss) on Sale of Assets	3.4	3.4	-0.57	2.34	0.65	0.63
Other Unusual Items	-	-	0.86	1.86	-	34.68
Pretax Income	940.81	941.91	830.08	495.18	389.63	342.42
Income Tax Expense	364.88	357.24	333.21	181.83	112.1	99.81
Net Income	575.93	584.67	496.87	313.35	277.53	242.6
Net Income to Common	575.93	584.67	496.87	313.35	277.53	242.6
Net Income Growth	9.35%	17.67%	58.56%	12.91%	14.39%	67.09%
Shares Outstanding (Basic)	55	55	55	55	55	55
Shares Outstanding (Diluted)	55	55	55	55	55	55
Shares Change (YoY)	0.06%	-	-	-	-	-
EPS (Basic)	10.41	10.57	8.98	5.66	5.02	4.38
EPS (Diluted)	10.41	10.57	8.98	5.66	5.02	4.38
EPS Growth	9.28%	17.67%	58.56%	12.91%	14.39%	67.09%
Free Cash Flow	0.46	-197.01	247.99	-15.36	273.05	121.44
Free Cash Flow Per Share	0.01	-3.56	4.48	-0.28	4.93	2.19
Dividend Per Share	6.000	6.000	4.500	2.500	2.250	1.818
Dividend Growth	33.33%	33.33%	80.00%	11.11%	23.75%	14.29%
Operating Margin	44.71%	45.68%	47.07%	36.71%	35.65%	31.18%
Profit Margin	27.50%	28.55%	28.38%	23.55%	25.88%	25.37%
Free Cash Flow Margin	0.02%	-9.62%	14.16%	-1.16%	25.46%	12.70%
EBITDA	955.44	953.31	839.91	504.44	397.83	326.66
EBITDA Margin	45.63%	46.56%	47.98%	37.91%	37.10%	34.16%
D&A For EBITDA	19.12	17.94	15.84	16.03	15.56	28.5
EBIT	936.32	935.37	824.07	488.41	382.27	298.16
EBIT Margin	44.71%	45.68%	47.07%	36.71%	35.65%	31.18%
Effective Tax Rate	38.78%	37.93%	40.14%	36.72%	28.77%	29.15%

Updated Feb 17, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.