Inversiones La Construcción S.A. (SNSE: ILC)

ILC Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Premiums & Annuity Revenue	777,316	915,226	704,391	457,957	363,632	412,199
Total Interest & Dividend Income	748,823	709,417	591,391	85,978	259,558	108,878
Gain (Loss) on Sale of Investments	80,221	76,925	-65,221	67,284	28,645	36,965
Non-Insurance Activities Revenue	1,386,057	1,433,530	1,340,178	1,181,108	993,439	1,147,349
Other Revenue	80,490	71,323	68,370	131,649	50,964	70.98
Total Revenue	3,077,219	3,207,006	2,639,735	2,179,888	1,884,067	1,914,944
Revenue Growth (YoY)	-1.41%	21.49%	21.09%	15.70%	-1.61%	3.54%
Policy Benefits	1,055,508	1,175,780	786,231	675,350	527,341	622,568
Policy Acquisition & Underwriting Costs	-	-	-	-	5,982	-
Depreciation & Amortization	19,076	17,560	16,687	13,090	11,719	10,607
Selling, General & Administrative	237,067	232,334	216,078	191,794	180,301	193,204
Non-Insurance Activities Expense	1,168,884	1,181,826	1,157,906	1,093,368	846,692	880,979
Other Operating Expenses	44,880	40,993	24,190	3,277	10,319	18,158
Total Operating Expenses	2,658,138	2,760,873	2,293,811	2,052,545	1,676,464	1,794,617
Operating Income	419,080	446,132	345,924	127,343	207,603	120,327
Interest Expense	-255,107	-266,324	-165,198	-32,157	-102,753	-29,066
Earnings From Equity Investments	68,659	63,823	50,839	52,850	50,156	52,912
Currency Exchange Gain (Loss)	14,051	12,566	-2,804	-16,393	-390.82	-12,986
Other Non Operating Income (Expenses)	-72,130	-23,286	-77,917	-35,877	-34,230	-9,521
EBT Excluding Unusual Items	174,554	232,912	150,843	95,767	120,385	121,666
Gain (Loss) on Sale of Assets	-2,171	-405.85	1,364	-2,544	688.61	-30.47
Asset Writedown	5,299	-5,609	-4,041	8,068	-20,926	-10,771
Pretax Income	177,682	226,897	148,166	101,292	100,148	110,865
Income Tax Expense	10,069	24,635	-16,519	-2,852	5,051	8,543
Earnings From Continuing Ops.	167,612	202,262	164,685	104,144	95,097	102,322
Earnings From Discontinued Ops.	-	-	40.25	-	-	-
Net Income to Company	167,612	202,262	164,725	104,144	95,097	102,322
Minority Interest in Earnings	-21,031	-19,644	-18,191	-15,725	-8,560	-11,310
Net Income	146,581	182,618	146,534	88,419	86,537	91,011
Net Income to Common	146,581	182,618	146,534	88,419	86,537	91,011
Net Income Growth	-15.05%	24.62%	65.73%	2.18%	-4.92%	-11.31%
Shares Outstanding (Basic)	100	100	100	100	100	100
Shares Outstanding (Diluted)	100	100	100	100	100	100
Shares Change (YoY)	-0.06%	-0.01%	0.00%	-0.02%	0.03%	-0.00%
EPS (Basic)	1465.44	1826.00	1465.00	884.00	865.00	910.00
EPS (Diluted)	1465.44	1826.00	1465.00	884.00	865.00	910.00
EPS Growth	-15.00%	24.64%	65.72%	2.20%	-4.95%	-11.31%
Free Cash Flow	-91,516	291,513	-260,566	137,104	-440,877	-306,744
Free Cash Flow Per Share	-914.93	2914.84	-2605.05	1370.75	-4406.90	-3067.06
Dividend Per Share	407.673	557.673	500.000	265.256	259.610	273.034
Dividend Growth	-25.88%	11.53%	88.50%	2.17%	-4.92%	-39.33%
Operating Margin	13.62%	13.91%	13.10%	5.84%	11.02%	6.28%
Profit Margin	4.76%	5.69%	5.55%	4.06%	4.59%	4.75%
Free Cash Flow Margin	-2.97%	9.09%	-9.87%	6.29%	-23.40%	-16.02%
EBITDA	456,455	478,425	376,699	157,939	239,250	148,647
EBITDA Margin	14.83%	14.92%	14.27%	7.25%	12.70%	7.76%
D&A For EBITDA	37,375	32,293	30,775	30,596	31,647	28,320
EBIT	419,080	446,132	345,924	127,343	207,603	120,327
EBIT Margin	13.62%	13.91%	13.10%	5.84%	11.02%	6.28%
Effective Tax Rate	5.67%	10.86%	-	-	5.04%	7.71%

Source: S&P Capital IQ. Insurance template. Financial Sources.