Income Statement Orient Insurance

Stocks

ORIENT

AEA002601010

Property & Casualty Insurance

Market Closed - Dubai FM 06:00:20 2018-10-24 EDT			5-day change	1st Jan Change
66.30 ^AED	-.--%		-.--%	-49.98%

09-01	Orient Insurance Restarts Trading on Dubai Bourse	MT
08-31	Orient Insurance to Pause Trading on Dubai Bourse	MT

534f62a1543ce08.LpF8qIK_lHJkoAidouBBSgiKQgYgMazIE0vKm5nav1I.aMIe0NLb-wAB7Un58ZlzOHDPKFBaQoGZVwmIremZ9GBx-BCY6M_sKjTqew

Published financial data: ORIENT INSURANCE

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (AED)	2022 (AED)	2023 (AED)	2024 (AED)	2025 (AED)
Premiums and Annuity Revenues	1.31B	1.44B	6.37B	7.6B	9.23B
Total Interest And Dividend Income	208M	223M	258M	315M	217M
Gain (Loss) on Sale of Investments, Total (Rev)	2.37M	-2.12M	109M	177M	256M
Other Revenues, Total	323M	354M	-	-	49.92M
Total Revenues	1.85B	2.02B	6.74B	8.09B	9.75B
Policy Benefits	759M	778M	5.54B	6.51B	7.62B
Policy Acquisition / Underwriting Costs, Total	351M	391M	456M	726M	1.09B
Depreciation & Amortization - (IS) - (Collected)	10.42M	9.27M	14.25M	11.34M	20.42M
Selling General & Admin Expenses, Total	91.68M	123M	4.69M	5.36M	-
Salaries And Other Employee Benefits	161M	178M	34.89M	37.8M	39.27M
Other Operating Expenses	-	-	30.88M	3.81M	44.91M
Total Operating Expenses	1.37B	1.48B	6.08B	7.29B	8.81B
Operating Income	474M	536M	661M	798M	935M
EBT, Excl. Unusual Items	474M	536M	661M	798M	935M
Other Unusual Items	18.29M	-	-	-	-
EBT, Incl. Unusual Items	492M	536M	661M	798M	935M
Income Tax Expense	15.95M	14.6M	24.78M	66.56M	98.54M
Earnings From Continuing Operations	476M	521M	636M	731M	836M
Net Income to Company	476M	521M	636M	731M	836M
Minority Interest	-18.1M	-10.73M	-16.92M	-20.4M	-15.27M
Net Income - (IS)	458M	511M	619M	711M	821M
Net Income to Common Incl Extra Items	458M	511M	619M	711M	821M
Net Income to Common Excl. Extra Items	458M	511M	619M	711M	821M
Per Share Items
Net EPS - Basic	91.6	102.11	123.84	142.16	164.2
Basic EPS - Continuing Operations	91.6	102.11	123.84	142.16	164.2
Basic Weighted Average Shares Outstanding	5M	5M	5M	5M	5M
Net EPS - Diluted	91.6	102.11	123.84	142.16	164.2
Diluted EPS - Continuing Operations	91.6	102.11	123.84	142.16	164.2
Diluted Weighted Average Shares Outstanding	5M	5M	5M	5M	5M
Normalized Basic EPS	55.6	64.84	79.23	95.64	113.8
Normalized Diluted EPS	55.6	64.84	79.23	95.64	113.8
Dividend Per Share	50	60	60	80	100
Payout Ratio	43.67	48.97	48.45	42.2	48.72
Supplemental Items
EBITDA	483M	543M	668M	806M	951M
EBITA	474M	536M	661M	800M	937M
EBIT	474M	536M	661M	798M	935M
EBITDAR	487M	549M	673M	812M	-
Effective Tax Rate - (Ratio)	3.24	2.72	3.75	8.34	10.54
Total Current Taxes	14.84M	14.39M	24.78M	66.56M	98.16M
Total Deferred Taxes	1.11M	211K	-	-	384K
Normalized Net Income	278M	324M	396M	478M	569M
Interest on Long-Term Debt	328K	693K	247K	-	-
Non-Cash Pension Expense	5.75M	8.06M	6.14M	6.04M	11.14M
Supplemental Operating Expense Items
General and Administrative Expenses	87.57M	117M	-	-	-
Net Rental Expense, Total	4.11M	6.35M	4.69M	5.36M	-

Fiscal Period: December	2021 (AED)	2022 (AED)	2023 (AED)	2024 (AED)	2025 (AED)
Assets
Investment In Debt Securities	253M	251M	288M	254M	330M
Investment In Equity and Preferred Securities, Total	1.65B	1.89B	2.05B	-	-
Trading Asset Securities, Total	454M	618M	1.02B	16.67M	21.33M
Total Other Investments	2.85B	3.42B	4.06B	7.13B	8.73B
Total investments	5.21B	6.18B	7.42B	7.4B	9.08B
Cash And Equivalents	761M	404M	487M	750M	684M
Reinsurance Recoverable - (IS)	3.38B	3.84B	3.52B	5.6B	5.05B
Other Receivables - (Insurance Template)	888M	1.05B	228M	167M	68.76M
Separate Account Assets	-	-	-	1.39B	1.91B
Gross Property Plant And Equipment	176M	168M	164M	172M	195M
Accumulated Depreciation	-78.87M	-80.48M	-80.57M	-82.26M	-100M
Net Property Plant And Equipment	96.92M	87.6M	83.88M	89.25M	95.16M
Other Intangibles, Total	-	-	6.94M	5M	6.48M
Restricted Cash	137M	99.38M	128M	165M	317M
Other Current Assets, Total	54.81M	95.79M	68.18M	91.92M	26.76M
Deferred Tax Assets Long-Term (Collected)	3.33M	1.14M	1.32M	8.37M	9.63M
Deferred Charges Long-Term	-	-	-	-	31.38M
Total Assets	10.53B	11.75B	11.95B	15.67B	17.27B
Liabilities
Accrued Expenses, Total	90.42M	98.51M	120M	127M	41.01M
Insurance And Annuity Liabilities	1.15B	1.39B	5.69B	8.28B	8.58B
Unpaid Claims	1.49B	1.41B	-	-	-
Unearned Premiums	1.91B	2.34B	-	-	-
Reinsurance Payable - (BS)	1.05B	1.33B	937M	761M	521M
Current Portion of Leases	4.26M	2.11M	3.35M	6M	8.4M
Long-Term Leases	4.49M	2.3M	632K	6.06M	7.71M
Separate Account Liability	439M	605M	-	-	-
Current Income Taxes Payable	-	-	-	59.79M	104M
Other Current Liabilities - (Brok / FS / Ins. / REIT Template)	572M	547M	-	-	-
Pension & Other Post Retirement Benefits	29.05M	33.72M	36.41M	39.44M	46.76M
Deferred Tax Liability Non-Current	-	-	-	51.77M	104M
Other Non Current Liabilities	-	-	827M	1.13B	1.71B
Total Liabilities	6.74B	7.75B	7.61B	10.46B	11.11B
Common Stock, Total	500M	500M	500M	500M	500M
Retained Earnings	2.77B	3.03B	3.24B	3.65B	4.07B
Comprehensive Income and Other	454M	426M	550M	1.01B	1.52B
Total Common Equity	3.72B	3.96B	4.29B	5.16B	6.09B
Minority Interest	72.2M	42.5M	47.56M	51.28M	69.47M
Total Equity	3.8B	4B	4.34B	5.21B	6.16B
Total Liabilities And Equity	10.53B	11.75B	11.95B	15.67B	17.27B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	5M	5M	5M	5M	5M
ECS Total Common Shares Outstanding	5M	5M	5M	5M	5M
Book Value / Share	744.71	791.15	857.94	1.03K	1.22K
Tangible Book Value	3.72B	3.96B	4.28B	5.15B	6.08B
Tangible Book Value Per Share	744.71	791.15	856.56	1.03K	1.22K
Total Debt	8.75M	4.41M	3.98M	12.06M	16.11M
Net Debt	-752M	-400M	-483M	-738M	-667M
Debt Equivalent Oper. Leases	32.89M	50.78M	37.5M	42.91M	-
Minority Interest, Total (Incl. Fin. Div)	72.2M	42.5M	47.56M	51.28M	69.47M
Equity Method Investments, Total	-	-	-	-	-
Account Code - Inventory Valuation	3	3	3	3	3
Land - (BS)	20M	20M	20M	20M	20M
Buildings, Total	96.83M	96.83M	96.83M	96.83M	96.83M
Machinery, Total	42.6M	37.89M	34.62M	37.08M	54.89M

Fiscal Period: December	2021 (AED)	2022 (AED)	2023 (AED)	2024 (AED)	2025 (AED)
Net Income	458M	511M	619M	711M	821M
Depreciation, Depletion & Amortization	10.42M	9.27M	9.23M	9.32M	18.32M
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	1.94M	2.1M
Total Depreciation, Depletion & Amortization	10.42M	9.27M	9.23M	11.27M	20.42M
Amortization of Deferred Charges, Total	-	-	1.98M	-	-
(Gain) Loss On Sale of Asset - (CF)	64K	-53K	-190K	12K	-31K
(Gain) Loss on Sale of Investments - (CF)	-2.37M	2.12M	1.36M	-2.12M	-452K
Total Asset Writedown	-	-	-	-	7.04M
(Income) Loss On Equity Investments - (CF)	-364K	-	-	-	-
Provision and Write-off of Bad Debts	-1.13M	-3.56M	-	-	-
Change in Accounts Receivable	111M	-188M	-60.77M	60.95M	103M
Reinsurance Recoverable - (CF)	-273M	-393M	-427M	-2.08B	549M
Reinsurance Payable - (CF)	185M	271M	214M	-177M	-239M
Change in insurance Reserves / Liabilities	398M	590M	1.04B	2.58B	304M
Change in Other Net Operating Assets (Collected)	248M	120M	-111M	-24.16M	-11.09M
Other Operating Activities	-204M	-208M	-330M	-330M	-442M
Cash from Operations	930M	709M	961M	752M	1.11B
Capital Expenditure	-6.25M	-4.49M	-15.1M	-11.69M	-18.81M
Sale of Property, Plant, and Equipment	72K	638K	-	7.14M	580K
Cash Acquisitions	-63.24M	-18.45M	-	-	-
Investment in Marketable and Equity Securities, Total	-427M	-1.01B	-864M	-529M	-1.24B
Other Investing Activities, Total	195M	315M	356M	440M	494M
Cash from Investing	-302M	-717M	-524M	-93.53M	-765M
Long-Term Debt Issued, Total	-	-	-	7.65M	1.9M
Total Debt Issued	-	-	-	7.65M	1.9M
Long-Term Debt Repaid, Total	-2.17M	-2.58M	-1.99M	-	-
Total Debt Repaid	-2.17M	-2.58M	-1.99M	-	-
Common Dividends Paid	-200M	-250M	-300M	-300M	-400M
Common & Preferred Stock Dividends Paid	-200M	-250M	-300M	-300M	-400M
Other Financing Activities, Total	-	-	-	-	-
Cash from Financing	-202M	-253M	-302M	-292M	-398M
Foreign Exchange Rate Adjustments	-31.2M	-97.18M	-50.96M	-92.98M	-2.68M
Net Change in Cash	395M	-358M	84.56M	273M	-53.74M
Supplemental Items
Cash Income Tax Paid (Refund)	12.5M	16.87M	16.47M	17.81M	56.28M
Net Debt Issued / Repaid	-2.17M	-2.58M	-1.99M	7.65M	1.9M
Levered Free Cash Flow	348M	174M	-256M	-1.71B	927M
Unlevered Free Cash Flow	348M	174M	-256M	-1.71B	927M
Change In Net Working Capital	-48.12M	166M	665M	2.21B	-341M

Fiscal Period: December	2021 (AED)	2022 (AED)	2023 (AED)	2024 (AED)	2025 (AED)
Profitability
Return on Assets	3.05	3.01	3.75	3.61	3.55
Return on Total Capital	8.19	8.58	10.03	10.43	10.25
Return On Equity %	13.19	13.38	15.46	15.32	14.71
Return on Common Equity	12.93	13.3	15.21	15.05	14.6
Margin Analysis
Gross Profit Margin %	39.91	42.02	11.06	10.58	10.38
SG&A Margin	13.68	14.97	0.59	0.53	0.4
EBITDA Margin %	26.13	26.93	9.92	9.97	9.76
EBITA Margin %	25.66	26.58	9.81	9.89	9.61
EBIT Margin %	25.66	26.58	9.81	9.86	9.59
Income From Continuing Operations Margin %	25.79	25.86	9.44	9.04	8.58
Net Income Margin %	24.81	25.33	9.19	8.79	8.42
Net Avail. For Common Margin %	24.81	25.33	9.19	8.79	8.42
Normalized Net Income Margin	15.06	16.08	5.88	5.91	5.84
Levered Free Cash Flow Margin	18.87	8.63	-3.8	-21.13	9.51
Unlevered Free Cash Flow Margin	18.87	8.63	-3.8	-21.13	9.51
Asset Turnover
Asset Turnover	0.19	0.18	0.61	0.59	0.59
Fixed Assets Turnover	19.28	21.85	79.54	93.43	105.73
Receivables Turnover (Average Receivables)	1.8	1.79	34.93	41.7	87.79
Short Term Liquidity
Current Ratio	1.11	1.07	5.14	7.12	9.14
Quick Ratio	0.41	0.35	1.63	0.97	1.13
Operating Cash Flow to Current Liabilities	0.18	0.12	0.91	0.79	1.65
Days Sales Outstanding (Average Receivables)	202.79	204.15	10.45	8.78	4.16
Average Days Payable Outstanding	769.12	823.95	50.57	42.97	26.78
Long Term Solvency
Total Debt/Equity	0.23	0.11	0.09	0.23	0.26
Total Debt / Total Capital	0.23	0.11	0.09	0.23	0.26
LT Debt/Equity	0.12	0.06	0.01	0.12	0.13
Long-Term Debt / Total Capital	0.12	0.06	0.01	0.12	0.12
Total Liabilities / Total Assets	63.96	65.98	63.7	66.77	64.34
Total Debt / EBITDA	0.02	0.01	0.01	0.01	0.02
Net Debt / EBITDA	-1.55	-0.73	-0.72	-0.91	-0.7
Total Debt / (EBITDA - Capex)	0.02	0.01	0.01	0.02	0.02
Net Debt / (EBITDA - Capex)	-1.57	-0.74	-0.74	-0.92	-0.71
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	16.05	9.17	29.77	20.02	20.11
Gross Profit, 1 Yr. Growth %	6.8	14.95	22.44	14.82	16.94
EBITDA, 1 Yr. Growth %	7.26	12.5	23.63	20.28	18.01
EBITA, 1 Yr. Growth %	6.85	13.11	23.85	20.65	17.15
EBIT, 1 Yr. Growth %	6.85	13.11	23.85	20.71	17.17
Earnings From Cont. Operations, 1 Yr. Growth %	10.61	9.49	22.56	14.95	14.36
Net Income, 1 Yr. Growth %	10.57	11.47	22.05	14.8	15.5
Normalized Net Income, 1 Yr. Growth %	6.55	16.61	23.09	20.72	18.98
Diluted EPS Before Extra, 1 Yr. Growth %	10.57	11.47	22.05	14.8	15.5
Net Property, Plant and Equip., 1 Yr. Growth %	2.4	-9.62	-1.95	6.4	6.62
Accounts Receivable, 1 Yr. Growth %	4.61	15.41	38.12	-27.69	-64.89
Total Assets, 1 Yr. Growth %	18.58	11.58	18.26	31.16	10.23
Common Equity, 1 Yr. Growth %	10.77	6.24	11.43	20.2	18.12
Tangible Book Value, 1 Yr. Growth %	10.77	6.24	11.31	20.27	18.11
Cash From Operations, 1 Yr. Growth %	102.64	-24.02	43.71	-12.33	65.02
Capital Expenditures, 1 Yr. Growth %	67.5	-53.94	254.66	59.16	60.94
Levered Free Cash Flow, 1 Yr. Growth %	83.87	-49.56	-91.74	-321.75	-152.2
Unlevered Free Cash Flow, 1 Yr. Growth %	83.87	-49.56	-91.74	-321.75	-152.2
Dividend Per Share, 1 Yr. Growth %	25	20	0	33.33	25
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	7.66	12.56	91.05	24.8	20.28
Gross Profit, 2 Yr. CAGR %	2.47	10.8	0.59	18.57	16.48
EBITDA, 2 Yr. CAGR %	5.12	9.85	17.69	22.12	19.14
EBITA, 2 Yr. CAGR %	4.71	9.94	18.11	22.42	18.89
EBIT, 2 Yr. CAGR %	4.71	9.94	18.11	22.27	18.93
Earnings From Cont. Operations, 2 Yr. CAGR %	5.83	10.05	15.59	18.69	14.66
Net Income, 2 Yr. CAGR %	5.27	11.02	16.27	18.37	15.15
Normalized Net Income, 2 Yr. CAGR %	3.75	11.47	19.37	21.9	19.85
Diluted EPS Before Extra, 2 Yr. CAGR %	5.27	11.02	16.27	18.37	15.15
Net Property, Plant and Equip., 2 Yr. CAGR %	-3.83	-3.8	-6.97	2.14	6.51
Accounts Receivable, 2 Yr. CAGR %	13.52	9.88	-49.51	-0.06	-49.61
Total Assets, 2 Yr. CAGR %	16.82	15.03	6.5	24.54	20.24
Common Equity, 2 Yr. CAGR %	10.05	8.48	7.33	15.73	19.15
Tangible Book Value, 2 Yr. CAGR %	10.05	8.48	7.25	15.7	19.19
Cash From Operations, 2 Yr. CAGR %	70.09	24.33	1.47	6.03	13.89
Capital Expenditures, 2 Yr. CAGR %	67.58	9.66	24.48	65.69	60.05
Levered Free Cash Flow, 2 Yr. CAGR %	45.79	-4.18	-13.85	-25.75	9.67
Unlevered Free Cash Flow, 2 Yr. CAGR %	45.79	-4.18	-13.85	-25.75	9.67
Dividend Per Share, 2 Yr. CAGR %	58.11	22.47	9.54	15.47	29.1
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	6.35	8.16	61.8	63.62	23.36
Gross Profit, 3 Yr. CAGR %	3.17	6.47	2.62	5.13	18.44
EBITDA, 3 Yr. CAGR %	5.43	7.53	14.1	18.66	20.74
EBITA, 3 Yr. CAGR %	5.4	7.44	14.23	19.07	20.64
EBIT, 3 Yr. CAGR %	5.4	7.44	14.23	18.97	20.55
Earnings From Cont. Operations, 3 Yr. CAGR %	5.89	7.04	13.91	15.38	17.23
Net Income, 3 Yr. CAGR %	5.2	7.3	14.34	15.78	17.4
Normalized Net Income, 3 Yr. CAGR %	4.26	7.87	14.93	19.82	20.92
Diluted EPS Before Extra, 3 Yr. CAGR %	5.2	7.3	14.34	15.78	17.4
Net Property, Plant and Equip., 3 Yr. CAGR %	-0.07	-5.8	-3.95	-2.71	3.61
Accounts Receivable, 3 Yr. CAGR %	7.03	14.15	-35.64	-43.09	-29.48
Total Assets, 3 Yr. CAGR %	14.15	15.05	10.39	14.16	19.58
Common Equity, 3 Yr. CAGR %	10.51	8.77	8.47	11.46	16.52
Tangible Book Value, 3 Yr. CAGR %	10.51	8.77	8.41	11.42	16.5
Cash From Operations, 3 Yr. CAGR %	47.23	30.2	27.95	-6.96	18.48
Capital Expenditures, 3 Yr. CAGR %	33.07	26.33	59.34	6.25	64.09
Levered Free Cash Flow, 3 Yr. CAGR %	22.55	2	10.55	70.49	-33.13
Unlevered Free Cash Flow, 3 Yr. CAGR %	22.55	2	10.55	70.49	-33.13
Dividend Per Share, 3 Yr. CAGR %	35.72	44.22	14.47	16.96	18.56
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	11.17	6.91	34.43	38.39	43.7
Gross Profit, 5 Yr. CAGR %	8.55	7.61	2.13	4.06	7.96
EBITDA, 5 Yr. CAGR %	8.31	8.07	10.17	13.05	16.16
EBITA, 5 Yr. CAGR %	8.45	8.23	10.31	13.1	16.14
EBIT, 5 Yr. CAGR %	8.45	8.23	10.31	13.05	16.09
Earnings From Cont. Operations, 5 Yr. CAGR %	8.69	7.67	9.67	11.46	14.21
Net Income, 5 Yr. CAGR %	8.65	7.54	9.49	11.45	14.66
Normalized Net Income, 5 Yr. CAGR %	8.37	8.04	10.06	13.11	16.87
Diluted EPS Before Extra, 5 Yr. CAGR %	8.65	7.54	9.49	11.45	14.66
Net Property, Plant and Equip., 5 Yr. CAGR %	-2.05	-3.09	-2.89	-3.16	0.11
Accounts Receivable, 5 Yr. CAGR %	20.17	12.21	-20.75	-24.99	-41.64
Total Assets, 5 Yr. CAGR %	9.72	12.01	11.02	15.22	14.23
Common Equity, 5 Yr. CAGR %	7.99	9.61	9.23	10.89	12.62
Tangible Book Value, 5 Yr. CAGR %	7.99	9.61	9.19	10.87	12.6
Cash From Operations, 5 Yr. CAGR %	18.06	6.94	26.96	18.53	19.37
Capital Expenditures, 5 Yr. CAGR %	15.97	13.07	41.59	39.33	38.19
Levered Free Cash Flow, 5 Yr. CAGR %	17.61	11.45	6.22	59.82	37.38
Unlevered Free Cash Flow, 5 Yr. CAGR %	17.61	11.45	6.22	59.82	37.38
Dividend Per Share, 5 Yr. CAGR %	20.11	24.57	24.57	31.95	20.11