Income Statement

Currency: EUR

	Dec-2017	Jun-2018	Dec-2018	Jun-2019	Dec-2019	Jun-2020	Dec-2020	Jun-2021	Sep-2021	Dec-2021	Jun-2022	Sep-2022	Dec-2022
Revenue
Gross Premiums Earned	23	25	23	24	34	50	59	59	76	67	87	91	75
Revenue	29 N/A	30 +4%	23 -23%	23 +1%	37 +58%	44 +20%	53 +19%	63 +20%	81 +27%	72 -10%	92 +28%	96 +4%	80 -16%
Operating Income
Operating Expenses	(49)	(49)	(15)	(17)	(28)	(36)	(43)	(49)	(64)	(59)	(75)	(75)	(68)
Selling, General & Administrative	(4)	(5)	(4)	(6)	(7)	(8)	(4)	(4)	(6)	(5)	(6)	(7)	(8)
Depreciation & Amortization	0	0	(1)	(1)	(0)	0	0	0	0	0	0	0	0
Benefits Claims Loss Adjustment	(13)	(13)	(7)	(7)	(19)	(25)	(31)	(39)	(51)	(48)	(63)	(63)	(54)
Other Operating Expenses	(33)	(32)	(3)	(3)	(2)	(3)	(7)	(6)	(7)	(6)	(5)	(5)	(5)
Operating Income	(20) N/A	(19) +4%	8 N/A	7 -13%	9 +30%	9 -2%	10 +14%	15 +50%	17 +14%	13 -20%	17 +29%	21 +20%	12 -40%
Pre-Tax Income
Interest Income Expense	(0)	(0)	(2)	(2)	(2)	(2)	(1)	(1)	(2)	(1)	(1)	(1)	(1)
Non-Reccuring Items	0	0	0	(1)	9	10	0	(0)	0	0	(1)	0	0
Total Other Income	0	0	0	0	0	0	0	0	0	0	0	0	0
Pre-Tax Income	(21) N/A	(20) +5%	6 N/A	4 -44%	16 +351%	17 +6%	9 -47%	13 +44%	15 +17%	13 -16%	16 +22%	20 +27%	12 -40%
Net Income
Tax Provision	3	3	(2)	(1)	(3)	(4)	(2)	(2)	(3)	(1)	(4)	(5)	(3)
Income from Continuing Operations	(17)	(17)	4	3	12	13	7	11	13	11	11	15	8
Income to Minority Interest	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Income (Common)	(17) N/A	(17) +4%	4 N/A	3 -31%	12 +339%	13 +4%	7 -50%	11 +71%	13 +12%	11 -10%	11 +0%	15 +29%	8 -43%
EPS (Diluted)	-2.55 N/A	-2.45 +4%	0.27 N/A	0.17 -37%	0.81 +376%	0.84 +4%	0.42 -50%	0.71 +69%	0.8 +13%	0.72 -10%	0.72 N/A	0.81 +13%	0.51 -37%

Net Insurance SpA
MIL:NET