IGI Life Insurance 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	14,268	13,095	7,686	5,800	6,787	5,899
Total Interest & Dividend Income	3,099	3,555	2,506	1,587	1,332	1,644
Gain (Loss) on Sale of Investments	1,085	927.33	419.51	19.42	-72.27	217.75
Other Revenue	68.03	152.87	154.05	88.88	111.38	119.09
Total Revenue	18,520	17,730	10,765	7,496	8,158	7,881
Revenue Growth (YoY)	12.85%	64.70%	43.62%	-8.13%	3.52%	25.22%
Policy Benefits	14,993	14,565	7,963	5,023	5,635	5,533
Policy Acquisition & Underwriting Costs	1,717	1,578	1,566	1,536	2,015	1,616
Selling, General & Administrative	1,316	1,178	1,013	876.52	971.47	880.29
Other Operating Expenses	9.2	8.8	8.89	8.89	8.01	-22.93
Total Operating Expenses	18,035	17,331	10,551	7,444	8,630	8,006
Operating Income	485.48	399.1	214.18	51.69	-471.14	-125.59
Interest Expense	-8.76	-7.98	-10.88	-13.39	-11.43	-14.49
Other Non Operating Income (Expenses)	-	-	-	-5.84	-11.29	-
EBT Excluding Unusual Items	476.73	391.12	203.3	32.46	-493.85	-140.08
Gain (Loss) on Sale of Assets	10.99	10.99	21.57	27.71	1.62	4.09
Pretax Income	487.71	402.11	224.87	60.17	-492.24	-135.99
Income Tax Expense	153.64	123.2	82.17	18.14	-143.08	-40.26
Net Income	334.07	278.9	142.7	42.03	-349.16	-95.73
Net Income to Common	334.07	278.9	142.7	42.03	-349.16	-95.73
Net Income Growth	47.37%	95.45%	239.52%	-	-	-
Shares Outstanding (Basic)	171	171	171	171	171	171
Shares Outstanding (Diluted)	171	171	171	171	171	171
Shares Change (YoY)	-	-	-	-	-	24.27%
EPS (Basic)	1.96	1.64	0.84	0.25	-2.05	-0.56
EPS (Diluted)	1.96	1.64	0.84	0.25	-2.05	-0.56
EPS Growth	47.37%	95.45%	239.52%	-	-	-
Free Cash Flow	674.07	4,724	578.22	-2,145	-1,026	-329.34
Free Cash Flow Per Share	3.95	27.69	3.39	-12.58	-6.01	-1.93
Operating Margin	2.62%	2.25%	1.99%	0.69%	-5.78%	-1.59%
Profit Margin	1.80%	1.57%	1.33%	0.56%	-4.28%	-1.21%
Free Cash Flow Margin	3.64%	26.64%	5.37%	-28.62%	-12.57%	-4.18%
EBITDA	518.4	430.78	246.88	89.8	-429.46	-86.34
EBITDA Margin	2.80%	2.43%	2.29%	1.20%	-5.26%	-1.10%
D&A For EBITDA	32.92	31.69	32.7	38.11	41.67	39.25
EBIT	485.48	399.1	214.18	51.69	-471.14	-125.59
EBIT Margin	2.62%	2.25%	1.99%	0.69%	-5.78%	-1.59%
Effective Tax Rate	31.50%	30.64%	36.54%	30.15%	-	-
Revenue as Reported	18,531	17,741	10,787	7,523	8,160	7,917

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