TPL 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	4,299	3,422	3,076	2,970	2,398
Total Interest & Dividend Income	207.39	322.91	401.31	177.87	85.3
Gain (Loss) on Sale of Investments	-	65.91	44.15	-93	-6.63
Other Revenue	141.29	78.94	86.16	36.83	32.17
Total Revenue	4,647	3,890	3,607	3,092	2,508
Revenue Growth (YoY)	19.47%	7.83%	16.66%	23.27%	7.11%
Policy Benefits	2,168	1,656	1,506	1,415	1,113
Policy Acquisition & Underwriting Costs	401.85	350.69	301.36	269.09	221.49
Selling, General & Administrative	1,641	1,382	1,428	1,113	912
Other Operating Expenses	354.03	327.21	252.82	224.05	195.94
Total Operating Expenses	4,564	3,716	3,489	3,021	2,487
Operating Income	83.1	173.68	118.34	70.99	21.55
Interest Expense	-27.31	-23.95	-19.69	-28.04	-24.56
Currency Exchange Gain (Loss)	-	-	-	23.66	-
Other Non Operating Income (Expenses)	0	-5.03	-5.02	-2.9	-2.23
EBT Excluding Unusual Items	55.79	144.7	93.63	63.71	-5.23
Gain (Loss) on Sale of Assets	-	-	-	1.35	0.01
Other Unusual Items	-	-	1,079	-	-
Pretax Income	55.79	144.7	1,172	65.06	-5.22
Income Tax Expense	-1.84	73.07	45.47	46.8	4.46
Net Income	57.64	71.63	1,127	18.26	-9.69
Net Income to Common	57.64	71.63	1,127	18.26	-9.69
Net Income Growth	-19.53%	-93.64%	6070.87%	-	-
Shares Outstanding (Basic)	240	198	198	175	149
Shares Outstanding (Diluted)	240	198	198	175	149
Shares Change (YoY)	21.05%	-	13.32%	17.25%	17.84%
EPS (Basic)	0.24	0.36	5.68	0.10	-0.06
EPS (Diluted)	0.24	0.36	5.68	0.10	-0.06
EPS Growth	-33.52%	-93.64%	5345.72%	-	-
Free Cash Flow	170.23	184.62	-116.92	266.97	-179.86
Free Cash Flow Per Share	0.71	0.93	-0.59	1.52	-1.21
Dividend Per Share	-	-	3.000	-	-
Operating Margin	1.79%	4.46%	3.28%	2.30%	0.86%
Profit Margin	1.24%	1.84%	31.24%	0.59%	-0.39%
Free Cash Flow Margin	3.66%	4.75%	-3.24%	8.63%	-7.17%
EBITDA	194.07	306.79	131.57	75.55	60.06
EBITDA Margin	4.18%	7.89%	3.65%	2.44%	2.39%
D&A For EBITDA	110.97	133.11	13.23	4.56	38.5
EBIT	83.1	173.68	118.34	70.99	21.55
EBIT Margin	1.79%	4.46%	3.28%	2.30%	0.86%
Effective Tax Rate	-	50.50%	3.88%	71.93%	-

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