SWX:VAHN Income Statement

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

Millions CHF. 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	1,348	1,276	1,230	1,186	1,171
Total Interest & Dividend Income	202.84	177.94	149.17	114.24	192.48
Other Revenue	48.9	48.4	36.65	32.78	42.06
Total Revenue	1,599	1,503	1,415	1,333	1,405
Revenue Growth (YoY)	6.44%	6.17%	6.17%	-5.14%	5.03%
Policy Benefits	988.17	935.85	900.28	830.21	926.78
Policy Acquisition & Underwriting Costs	368.91	353.35	321.58	308.02	306.8
Selling, General & Administrative	41.49	37.02	24.24	22.13	18.93
Other Operating Expenses	28.61	26.99	23.55	27.16	2.36
Total Operating Expenses	1,427	1,353	1,270	1,188	1,255
Operating Income	172.15	149.41	145.69	145.56	150.47
Interest Expense	-2.85	-2.73	-3.04	-0.89	-0.09
Earnings From Equity Investments	7.87	4.26	3.85	2.91	4.22
Currency Exchange Gain (Loss)	-	-	-	-	-3.56
Other Non Operating Income (Expenses)	0	0	-0	-	0
EBT Excluding Unusual Items	177.17	150.94	146.49	147.58	151.04
Other Unusual Items	0.09	0.03	0.68	-	-
Pretax Income	177.26	150.98	147.17	147.58	151.04
Income Tax Expense	21	17.09	14.68	16.77	16.87
Earnings From Continuing Ops.	156.26	133.88	132.49	130.81	134.18
Minority Interest in Earnings	-	-	-	0.08	0
Net Income	156.26	133.88	132.49	130.89	134.18
Net Income to Common	156.26	133.88	132.49	130.89	134.18
Net Income Growth	16.71%	1.05%	1.23%	-2.46%	9.27%
Shares Outstanding (Basic)	3	3	3	3	3
Shares Outstanding (Diluted)	3	3	3	3	3
Shares Change (YoY)	0.53%	-	-0.85%	-0.11%	-0.68%
EPS (Basic)	53.69	46.24	45.76	44.82	45.90
EPS (Diluted)	53.69	46.24	45.76	44.82	45.90
EPS Growth	16.10%	1.05%	2.09%	-2.35%	10.02%
Free Cash Flow	237.54	81.92	73.13	66.46	138.32
Free Cash Flow Per Share	81.61	28.30	25.26	22.76	47.32
Dividend Per Share	27.000	24.000	22.000	20.000	18.000
Dividend Growth	12.50%	9.09%	10.00%	11.11%	12.50%
Operating Margin	10.76%	9.94%	10.29%	10.92%	10.71%
Profit Margin	9.77%	8.91%	9.36%	9.82%	9.55%
Free Cash Flow Margin	14.85%	5.45%	5.17%	4.98%	9.84%
EBITDA	183.17	159.88	153.15	161.28	164.98
EBITDA Margin	11.45%	10.64%	10.82%	12.10%	11.74%
D&A For EBITDA	11.02	10.47	7.46	15.72	14.51
EBIT	172.15	149.41	145.69	145.56	150.47
EBIT Margin	10.76%	9.94%	10.29%	10.92%	10.71%
Effective Tax Rate	11.85%	11.32%	9.97%	11.37%	11.17%

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.