Habib Insurance Company Income Statement

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

Millions PKR. 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	1,699	1,488	1,509	1,228	805.99	734.76
Total Interest & Dividend Income	288.83	311.63	296.16	183.47	116.14	91.27
Gain (Loss) on Sale of Investments	318.85	195.57	38.35	-49.6	27.96	7.82
Other Revenue	14.3	97.04	47.96	16.92	12.86	5.22
Total Revenue	2,321	2,092	1,891	1,379	962.95	839.06
Revenue Growth (YoY)	22.66%	10.64%	37.14%	43.20%	14.77%	-3.98%
Policy Benefits	1,064	934.29	951.9	627.31	380.26	355.9
Policy Acquisition & Underwriting Costs	530.23	499.55	442.46	346.82	237.55	11.99
Selling, General & Administrative	933.35	886.68	814.9	727.08	518.13	432.05
Other Operating Expenses	-207.81	-175.85	-139.11	-56.09	-14.57	-63.42
Reinsurance Income or Expense	395.84	414.29	351.03	391.54	258.84	-
Total Operating Expenses	1,924	1,730	1,719	1,254	862.53	736.52
Operating Income	397.2	361.81	171.9	125.34	100.42	102.54
Interest Expense	-5.65	-8.08	-9.12	-3.28	-10.92	-16.75
Other Non Operating Income (Expenses)	-3.2	-3.2	-3.2	-3.2	-3.2	-0.36
EBT Excluding Unusual Items	388.35	350.53	159.58	118.86	86.3	85.43
Gain (Loss) on Sale of Assets	0.56	0.8	0.16	2.08	61.36	3.61
Other Unusual Items	24.21	24.21	-	20.26	-	-
Pretax Income	413.13	375.55	159.74	141.2	147.66	89.04
Income Tax Expense	144.61	138.7	46.96	30.11	40.63	27.37
Net Income	268.51	236.85	112.78	111.09	107.02	61.66
Net Income to Common	268.51	236.85	112.78	111.09	107.02	61.66
Net Income Growth	63.23%	110.01%	1.52%	3.80%	73.56%	-12.02%
Shares Outstanding (Basic)	124	124	124	124	124	124
Shares Outstanding (Diluted)	124	124	124	124	124	124
EPS (Basic)	2.17	1.91	0.91	0.90	0.86	0.50
EPS (Diluted)	2.17	1.91	0.91	0.90	0.86	0.50
EPS Growth	63.23%	110.01%	1.52%	3.80%	73.56%	-12.02%
Free Cash Flow	-36.55	-227.67	-635.64	569.19	-51.3	104.65
Free Cash Flow Per Share	-0.29	-1.84	-5.13	4.59	-0.41	0.84
Dividend Per Share	1.000	1.000	0.625	0.625	0.625	0.500
Dividend Growth	60.00%	60.00%	-	-	25.00%	-
Operating Margin	17.11%	17.29%	9.09%	9.09%	10.43%	12.22%
Profit Margin	11.57%	11.32%	5.96%	8.06%	11.11%	7.35%
Free Cash Flow Margin	-1.57%	-10.88%	-33.61%	41.28%	-5.33%	12.47%
EBITDA	401.62	377.54	184.17	133.93	124.21	127.44
EBITDA Margin	17.31%	18.05%	9.74%	9.71%	12.90%	15.19%
D&A For EBITDA	4.42	15.73	12.27	8.59	23.79	24.9
EBIT	397.2	361.81	171.9	125.34	100.42	102.54
EBIT Margin	17.11%	17.29%	9.09%	9.09%	10.43%	12.22%
Effective Tax Rate	35.00%	36.93%	29.40%	21.32%	27.52%	30.74%

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