IGI Life 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	13,635	13,095	7,686	5,800	6,787
Total Interest & Dividend Income	2,662	3,555	2,506	1,587	1,332
Gain (Loss) on Sale of Investments	984.52	927.33	419.51	19.42	-72.27
Other Revenue	159.9	152.87	154.05	88.88	111.38
Total Revenue	17,441	17,730	10,765	7,496	8,158
Revenue Growth (YoY)	-1.63%	64.70%	43.62%	-8.13%	3.52%
Policy Benefits	13,638	14,565	7,963	5,023	5,635
Policy Acquisition & Underwriting Costs	1,920	1,578	1,566	1,536	2,015
Selling, General & Administrative	1,274	1,178	1,013	876.52	971.47
Other Operating Expenses	11	8.8	8.89	8.89	8.01
Total Operating Expenses	16,843	17,331	10,551	7,444	8,630
Operating Income	598.11	399.1	214.18	51.69	-471.14
Interest Expense	-4.73	-7.98	-10.88	-13.39	-11.43
Other Non Operating Income (Expenses)	-	-	-	-5.84	-11.29
EBT Excluding Unusual Items	593.38	391.12	203.3	32.46	-493.85
Gain (Loss) on Sale of Assets	-	10.99	21.57	27.71	1.62
Pretax Income	593.38	402.11	224.87	60.17	-492.24
Income Tax Expense	170	123.2	82.17	18.14	-143.08
Net Income	423.37	278.9	142.7	42.03	-349.16
Net Income to Common	423.37	278.9	142.7	42.03	-349.16
Net Income Growth	51.80%	95.45%	239.52%	-	-
Shares Outstanding (Basic)	171	171	171	171	171
Shares Outstanding (Diluted)	171	171	171	171	171
Shares Change (YoY)	0.09%	-	-	-	-
EPS (Basic)	2.48	1.64	0.84	0.25	-2.05
EPS (Diluted)	2.48	1.64	0.84	0.25	-2.05
EPS Growth	51.67%	95.45%	239.52%	-	-
Free Cash Flow	-841.9	4,724	578.22	-2,145	-1,026
Free Cash Flow Per Share	-4.93	27.69	3.39	-12.58	-6.01
Operating Margin	3.43%	2.25%	1.99%	0.69%	-5.78%
Profit Margin	2.43%	1.57%	1.33%	0.56%	-4.28%
Free Cash Flow Margin	-4.83%	26.64%	5.37%	-28.62%	-12.57%
EBITDA	717.68	430.78	246.88	89.8	-429.46
EBITDA Margin	4.12%	2.43%	2.29%	1.20%	-5.26%
D&A For EBITDA	119.57	31.69	32.7	38.11	41.67
EBIT	598.11	399.1	214.18	51.69	-471.14
EBIT Margin	3.43%	2.25%	1.99%	0.69%	-5.78%
Effective Tax Rate	28.65%	30.64%	36.54%	30.15%	-
Revenue as Reported	17,441	17,741	10,787	7,523	8,160

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.