Croatia osiguranje d.d. (ZSE: CROS)

Croatia osiguranje d.d. Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Premiums & Annuity Revenue	519.27	476.4	428.58	3,091	2,980	3,003
Total Interest & Dividend Income	44.76	43.94	43.61	389.03	-	287.98
Gain (Loss) on Sale of Investments	10.59	8.02	4.28	19.19	41.21	42.47
Other Revenue	33.38	28.42	23.77	239.7	433.03	187.23
Total Revenue	608.04	556.82	500.73	3,739	3,454	3,520
Revenue Growth (YoY)	9.87%	11.20%	-86.61%	8.27%	-1.89%	0.17%
Policy Benefits	298.88	285.93	234.2	1,913	1,937	1,904
Policy Acquisition & Underwriting Costs	4.32	-	-	659.68	577.72	620.75
Selling, General & Administrative	121.54	120.85	116.73	604.04	562	560.96
Other Operating Expenses	98.18	83.07	80.57	70.61	73.42	78.95
Total Operating Expenses	522.91	489.84	431.5	3,247	3,150	3,165
Operating Income	85.13	66.98	69.23	492.4	304	355.24
Interest Expense	-1.96	-1.82	-1.74	-13.52	-12.15	-11.71
Earnings From Equity Investments	1.54	1.78	1.4	11.11	10.34	11.95
Currency Exchange Gain (Loss)	-1.33	-1.02	2.96	-14.03	38.01	13.39
Other Non Operating Income (Expenses)	0.58	0.58	3.38	-41.58	-48.22	-35
EBT Excluding Unusual Items	83.96	66.5	75.22	434.39	291.98	333.88
Gain (Loss) on Sale of Assets	0.55	0.56	0.02	1.11	89.62	85.38
Asset Writedown	2.59	2.59	-6.16	-15.1	-1.52	-6.49
Legal Settlements	-0.54	-0.54	0.39	9.45	1.61	-5.11
Other Unusual Items	0.07	0.07	0.07	8.2	9.9	3.97
Pretax Income	86.63	69.17	69.54	438.05	391.59	411.63
Income Tax Expense	14.24	10.72	11.26	75.3	63.39	71.89
Earnings From Continuing Ops.	72.39	58.45	58.28	362.76	328.2	339.74
Minority Interest in Earnings	-0.05	-0.07	-0.08	-0.42	-0.3	-0.35
Net Income	72.34	58.38	58.2	362.34	327.9	339.39
Net Income to Common	72.34	58.38	58.2	362.34	327.9	339.39
Net Income Growth	57.54%	0.31%	-83.94%	10.50%	-3.39%	0.69%
Shares Outstanding (Basic)	0	0	0	0	0	0
Shares Outstanding (Diluted)	0	0	0	0	0	0
EPS (Basic)	171.84	138.69	138.26	860.78	778.96	806.26
EPS (Diluted)	171.84	138.69	138.26	860.78	778.96	806.26
EPS Growth	57.54%	0.31%	-83.94%	10.50%	-3.39%	0.69%
Free Cash Flow	140.89	-65.61	50.05	293.37	282.48	-258.86
Free Cash Flow Per Share	334.70	-155.86	118.89	696.94	671.07	-614.94
Dividend Per Share	151.270	151.270	-	-	-	-
Operating Margin	14.00%	12.03%	13.83%	13.17%	8.80%	10.09%
Profit Margin	11.90%	10.48%	11.62%	9.69%	9.49%	9.64%
Free Cash Flow Margin	23.17%	-11.78%	10.00%	7.85%	8.18%	-7.35%
EBITDA	93.19	73.46	74.73	529.09	345.05	394.81
EBITDA Margin	15.33%	13.19%	14.92%	14.15%	9.99%	11.22%
D&A For EBITDA	8.06	6.48	5.51	36.68	41.05	39.57
EBIT	85.13	66.98	69.23	492.4	304	355.24
EBIT Margin	14.00%	12.03%	13.82%	13.17%	8.80%	10.09%
Effective Tax Rate	16.44%	15.50%	16.20%	17.19%	16.19%	17.47%
Revenue as Reported	-	-	-	3,830	3,694	3,688

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