Coface SA
PAR:COFA
Income Statement
Income Statement
Coface SA
| Dec-2014 | Jun-2015 | Dec-2015 | Jun-2016 | Dec-2016 | Jun-2017 | Dec-2017 | Jun-2018 | Dec-2018 | Jun-2019 | Dec-2019 | Jun-2020 | Dec-2020 | Jun-2021 | Dec-2021 | Jun-2022 | Dec-2022 | Jun-2023 | Dec-2023 | Jun-2024 | Dec-2024 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||
| Gross Premiums Earned |
1 174
|
1 216
|
1 224
|
1 181
|
1 154
|
1 112
|
1 173
|
1 159
|
1 186
|
1 225
|
1 264
|
1 212
|
1 091
|
1 084
|
1 239
|
1 424
|
1 660
|
1 702
|
1 764
|
1 656
|
1 726
|
1 685
|
2 104
|
|
| Revenue |
1 217
N/A
|
1 264
+4%
|
1 277
+1%
|
1 230
-4%
|
1 202
-2%
|
1 162
-3%
|
1 221
+5%
|
1 193
-2%
|
1 239
+4%
|
1 282
+3%
|
1 316
+3%
|
1 249
-5%
|
1 131
-9%
|
1 110
-2%
|
1 277
+15%
|
1 465
+15%
|
1 679
+15%
|
1 718
+2%
|
1 736
+1%
|
1 650
-5%
|
1 776
+8%
|
1 745
-2%
|
2 175
+25%
|
|
| Operating Income | ||||||||||||||||||||||||
| Operating Expenses |
(1 010)
|
(1 066)
|
(1 085)
|
(1 089)
|
(1 049)
|
(1 053)
|
(1 060)
|
(979)
|
(1 022)
|
(1 053)
|
(1 091)
|
(1 086)
|
(984)
|
(847)
|
(963)
|
(1 127)
|
(1 319)
|
(1 362)
|
(1 369)
|
(1 266)
|
(1 361)
|
(1 360)
|
(1 721)
|
|
| Selling, General & Administrative |
(174)
|
(185)
|
(177)
|
(179)
|
(179)
|
(160)
|
(254)
|
(248)
|
(241)
|
(249)
|
(275)
|
(272)
|
(262)
|
(263)
|
(271)
|
(388)
|
(99)
|
(237)
|
(107)
|
(295)
|
(121)
|
(128)
|
(157)
|
|
| Benefits Claims Loss Adjustment |
(442)
|
(425)
|
(452)
|
(466)
|
(437)
|
(427)
|
(416)
|
(381)
|
(348)
|
(344)
|
(361)
|
(401)
|
(393)
|
(315)
|
(203)
|
(139)
|
(1 072)
|
(961)
|
(1 106)
|
(711)
|
(1 057)
|
(1 028)
|
(1 297)
|
|
| Policy Acquisition Expense |
(263)
|
(272)
|
(274)
|
(261)
|
(255)
|
(255)
|
(263)
|
(254)
|
(243)
|
(249)
|
(243)
|
(236)
|
(238)
|
(247)
|
(259)
|
(215)
|
0
|
(102)
|
0
|
(99)
|
0
|
0
|
0
|
|
| Other Operating Expenses |
(132)
|
(183)
|
(181)
|
(183)
|
(178)
|
(211)
|
(127)
|
(95)
|
(190)
|
(210)
|
(213)
|
(177)
|
(91)
|
(23)
|
(229)
|
(385)
|
(148)
|
(63)
|
(157)
|
(162)
|
(184)
|
(205)
|
(267)
|
|
| Operating Income |
207
N/A
|
199
-4%
|
192
-3%
|
141
-26%
|
153
+8%
|
109
-29%
|
161
+48%
|
214
+33%
|
217
+1%
|
229
+6%
|
225
-2%
|
162
-28%
|
147
-9%
|
263
+79%
|
314
+20%
|
338
+8%
|
360
+7%
|
356
-1%
|
368
+3%
|
383
+4%
|
415
+8%
|
385
-7%
|
454
+18%
|
|
| Pre-Tax Income | ||||||||||||||||||||||||
| Interest Income Expense |
(13)
|
(18)
|
(16)
|
(16)
|
(24)
|
(24)
|
(16)
|
(17)
|
(17)
|
(19)
|
(21)
|
(22)
|
(22)
|
(21)
|
(21)
|
(27)
|
(30)
|
(36)
|
(34)
|
(24)
|
(43)
|
(41)
|
(52)
|
|
| Non-Reccuring Items |
(8)
|
0
|
0
|
0
|
(39)
|
0
|
(7)
|
(6)
|
(13)
|
(5)
|
(2)
|
(4)
|
2
|
3
|
(1)
|
(3)
|
(3)
|
(2)
|
(5)
|
(5)
|
(5)
|
(6)
|
0
|
|
| Pre-Tax Income |
186
N/A
|
181
-3%
|
176
-3%
|
126
-28%
|
90
-28%
|
85
-5%
|
139
+63%
|
192
+38%
|
187
-3%
|
205
+10%
|
202
-1%
|
137
-32%
|
128
-7%
|
245
+92%
|
291
+19%
|
308
+6%
|
328
+6%
|
318
-3%
|
329
+3%
|
355
+8%
|
366
+3%
|
337
-8%
|
402
+19%
|
|
| Net Income | ||||||||||||||||||||||||
| Tax Provision |
(60)
|
(58)
|
(49)
|
(39)
|
(48)
|
(49)
|
(56)
|
(66)
|
(64)
|
(66)
|
(55)
|
(45)
|
(45)
|
(63)
|
(68)
|
(72)
|
(87)
|
(84)
|
(88)
|
(101)
|
(105)
|
(93)
|
(106)
|
|
| Income from Continuing Operations |
126
|
123
|
127
|
86
|
42
|
36
|
83
|
126
|
123
|
138
|
147
|
92
|
83
|
182
|
224
|
235
|
241
|
235
|
241
|
254
|
261
|
243
|
296
|
|
| Income to Minority Interest |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
|
| Net Income (Common) |
125
N/A
|
122
-2%
|
126
+3%
|
86
-32%
|
42
-52%
|
36
-13%
|
83
+130%
|
126
+51%
|
122
-3%
|
138
+13%
|
147
+6%
|
92
-37%
|
83
-10%
|
182
+120%
|
224
+23%
|
235
+5%
|
240
+2%
|
234
-2%
|
241
+3%
|
254
+6%
|
261
+3%
|
243
-7%
|
295
+21%
|
|
| EPS (Diluted) |
0.8
N/A
|
0.78
-3%
|
0.8
+3%
|
0.54
-33%
|
0.26
-52%
|
0.23
-12%
|
0.53
+130%
|
0.8
+51%
|
0.79
-1%
|
0.91
+15%
|
0.97
+7%
|
0.61
-37%
|
0.55
-10%
|
1.22
+122%
|
1.5
+23%
|
1.58
+5%
|
1.61
+2%
|
1.57
-2%
|
1.61
+3%
|
1.7
+6%
|
1.75
+3%
|
1.63
-7%
|
1.98
+21%
|
|