EFU General Insurance Limited (PSX:EFUG)

EFU General Insurance 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	63,828	53,904	48,750	48,721	46,118	40,234
Total Interest & Dividend Income	33,464	41,540	35,036	20,993	13,335	12,992
Gain (Loss) on Sale of Investments	33,796	22,629	6,368	-5,028	-4,507	9,518
Other Revenue	302.63	552.96	617.48	251.3	143.25	143.59
Total Revenue	131,391	118,626	90,771	64,938	55,089	62,888
Revenue Growth (YoY)	20.19%	30.69%	39.78%	17.88%	-12.40%	32.95%
Policy Benefits	98,462	89,915	66,177	45,284	35,725	45,840
Policy Acquisition & Underwriting Costs	12,938	10,362	9,335	9,805	9,480	7,625
Selling, General & Administrative	8,297	8,404	7,356	6,534	5,883	5,075
Other Operating Expenses	457.44	368.1	403.08	-829.28	-674.97	-581.52
Total Operating Expenses	120,155	109,050	83,271	60,793	50,413	57,958
Operating Income	11,236	9,576	7,501	4,145	4,676	4,929
Interest Expense	-126.57	-92.18	-82.67	-13.13	-10.71	-12.07
Currency Exchange Gain (Loss)	1.21	-1.6	7.2	-28.95	2.25	12.89
Other Non Operating Income (Expenses)	654.5	654.5	696.37	5.78	-	-
EBT Excluding Unusual Items	11,765	10,137	8,122	4,109	4,667	4,930
Impairment of Goodwill	-1,690	-1,690	-363.19	-1,969	-	-
Gain (Loss) on Sale of Assets	146.91	311.76	321.94	122.71	82.2	43.11
Asset Writedown	269.72	269.72	170.18	449.53	78.42	170.14
Other Unusual Items	33.55	34.23	21.38	12.48	12.5	9.67
Pretax Income	10,526	9,063	8,272	2,725	4,841	5,153
Income Tax Expense	4,376	3,847	4,110	1,599	1,609	1,786
Earnings From Continuing Ops.	6,149	5,216	4,162	1,126	3,232	3,367
Minority Interest in Earnings	-1,303	-1,433	-889.73	-704.34	-626.25	-944.75
Net Income	4,846	3,783	3,273	421.47	2,606	2,422
Net Income to Common	4,846	3,783	3,273	421.47	2,606	2,422
Net Income Growth	-4.28%	15.58%	676.51%	-83.83%	7.57%	-4.91%
Shares Outstanding (Basic)	200	200	200	200	200	200
Shares Outstanding (Diluted)	200	200	200	200	200	200
EPS (Basic)	24.23	18.91	16.36	2.11	13.03	12.11
EPS (Diluted)	24.23	18.91	16.36	2.11	13.03	12.11
EPS Growth	-4.28%	15.58%	676.51%	-83.83%	7.57%	-4.91%
Free Cash Flow	-15,634	-14,896	-7,519	3,661	1,054	6,631
Free Cash Flow Per Share	-78.17	-74.48	-37.59	18.30	5.27	33.16
Dividend Per Share	10.000	10.000	10.000	10.000	10.000	10.000
Operating Margin	8.55%	8.07%	8.26%	6.38%	8.49%	7.84%
Profit Margin	3.69%	3.19%	3.60%	0.65%	4.73%	3.85%
Free Cash Flow Margin	-11.90%	-12.56%	-8.28%	5.64%	1.91%	10.54%
EBITDA	12,582	11,063	8,786	5,312	5,893	5,704
EBITDA Margin	9.58%	9.33%	9.68%	8.18%	10.70%	9.07%
D&A For EBITDA	1,346	1,486	1,285	1,167	1,217	774.1
EBIT	11,236	9,576	7,501	4,145	4,676	4,929
EBIT Margin	8.55%	8.07%	8.26%	6.38%	8.49%	7.84%
Effective Tax Rate	41.58%	42.45%	49.68%	58.68%	33.23%	34.66%

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