Mediterranean & Gulf Cooperative Insurance and Reinsurance Company SJSC
SAU:8030
Income Statement
Income Statement
Mediterranean & Gulf Cooperative Insurance and Reinsurance Company SJSC
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Gross Premiums Earned |
2 708
|
2 932
|
3 140
|
3 169
|
3 208
|
3 225
|
3 137
|
3 354
|
3 330
|
3 348
|
3 303
|
3 110
|
3 071
|
2 857
|
2 744
|
2 540
|
2 403
|
2 260
|
2 103
|
1 973
|
1 858
|
1 893
|
2 012
|
2 110
|
2 125
|
2 030
|
2 351
|
2 195
|
1 676
|
1 757
|
1 827
|
1 768
|
1 717
|
2 208
|
1 770
|
1 992
|
2 321
|
2 472
|
2 671
|
3 043
|
3 099
|
|
Revenue |
2 729
N/A
|
2 954
+8%
|
3 161
+7%
|
3 188
+1%
|
3 223
+1%
|
3 240
+1%
|
3 152
-3%
|
3 369
+7%
|
3 350
-1%
|
3 367
+1%
|
3 341
-1%
|
3 152
-6%
|
3 119
-1%
|
2 900
-7%
|
2 764
-5%
|
2 553
-8%
|
2 405
-6%
|
2 263
-6%
|
2 106
-7%
|
1 981
-6%
|
1 869
-6%
|
1 904
+2%
|
2 023
+6%
|
2 115
+5%
|
2 129
+1%
|
2 034
-4%
|
2 358
+16%
|
2 207
-6%
|
1 689
-23%
|
2 171
+29%
|
2 245
+3%
|
2 190
-2%
|
1 743
-20%
|
2 251
+29%
|
1 839
-18%
|
2 054
+12%
|
2 398
+17%
|
2 542
+6%
|
2 736
+8%
|
3 118
+14%
|
3 199
+3%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(2 922)
|
(3 126)
|
(3 298)
|
(3 290)
|
(3 028)
|
(3 135)
|
(3 235)
|
(3 439)
|
(3 595)
|
(3 557)
|
(3 415)
|
(3 218)
|
(3 050)
|
(2 941)
|
(3 177)
|
(2 965)
|
(2 768)
|
(2 556)
|
(2 015)
|
(2 031)
|
(2 074)
|
(2 078)
|
(2 174)
|
(2 167)
|
(2 085)
|
(2 014)
|
(2 293)
|
(2 153)
|
(1 635)
|
(2 107)
|
(2 198)
|
(2 173)
|
(1 880)
|
(2 442)
|
(2 115)
|
(2 345)
|
(2 803)
|
(2 767)
|
(2 827)
|
(3 124)
|
(3 003)
|
|
Selling, General & Administrative |
(245)
|
(256)
|
(253)
|
(266)
|
(284)
|
(320)
|
(343)
|
(368)
|
(399)
|
(411)
|
(432)
|
(428)
|
(391)
|
(446)
|
(771)
|
(702)
|
(598)
|
(532)
|
(159)
|
(265)
|
(332)
|
(342)
|
(359)
|
(323)
|
(321)
|
(354)
|
(481)
|
(495)
|
(399)
|
(483)
|
(421)
|
(388)
|
(334)
|
(440)
|
(296)
|
(296)
|
(4)
|
0
|
(62)
|
16
|
(5)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
(13)
|
0
|
0
|
0
|
0
|
|
Benefits Claims Loss Adjustment |
(2 632)
|
(2 820)
|
(2 969)
|
(2 950)
|
(2 643)
|
(2 753)
|
(2 941)
|
(3 052)
|
(3 269)
|
(3 151)
|
(2 910)
|
(2 724)
|
(2 465)
|
(2 358)
|
(2 240)
|
(2 159)
|
(2 064)
|
(1 916)
|
(1 732)
|
(1 663)
|
(1 619)
|
(1 638)
|
(1 732)
|
(1 746)
|
(1 659)
|
(1 536)
|
(1 684)
|
(1 535)
|
(1 138)
|
(1 234)
|
(1 391)
|
(1 395)
|
(1 443)
|
(1 904)
|
(1 768)
|
(1 999)
|
(2 906)
|
(2 680)
|
(2 743)
|
(3 140)
|
(3 022)
|
|
Policy Acquisition Expense |
(121)
|
(132)
|
(165)
|
(164)
|
(163)
|
(174)
|
(196)
|
(211)
|
(227)
|
(240)
|
(217)
|
(204)
|
(188)
|
(162)
|
(163)
|
(160)
|
(161)
|
(160)
|
(158)
|
(135)
|
(124)
|
(108)
|
(109)
|
(117)
|
(118)
|
(119)
|
(139)
|
(135)
|
(100)
|
(96)
|
(84)
|
(89)
|
(97)
|
(103)
|
0
|
(61)
|
(180)
|
0
|
0
|
0
|
0
|
|
Other Operating Expenses |
76
|
83
|
89
|
90
|
71
|
111
|
246
|
192
|
309
|
246
|
144
|
137
|
4
|
25
|
(4)
|
57
|
64
|
53
|
34
|
32
|
11
|
10
|
27
|
19
|
21
|
(4)
|
11
|
12
|
12
|
(294)
|
(302)
|
(302)
|
3
|
6
|
(51)
|
11
|
300
|
(87)
|
(22)
|
0
|
24
|
|
Operating Income |
(192)
N/A
|
(172)
+11%
|
(137)
+20%
|
(102)
+26%
|
195
N/A
|
105
-46%
|
(83)
N/A
|
(70)
+16%
|
(245)
-251%
|
(190)
+23%
|
(75)
+61%
|
(67)
+11%
|
69
N/A
|
(41)
N/A
|
(413)
-914%
|
(413)
+0%
|
(362)
+12%
|
(293)
+19%
|
90
N/A
|
(50)
N/A
|
(205)
-312%
|
(174)
+15%
|
(151)
+14%
|
(52)
+65%
|
43
N/A
|
20
-53%
|
65
+218%
|
54
-17%
|
55
+2%
|
64
+16%
|
47
-26%
|
16
-66%
|
(137)
N/A
|
(191)
-39%
|
(276)
-45%
|
(291)
-6%
|
(406)
-39%
|
(225)
+45%
|
(92)
+59%
|
(6)
+94%
|
196
N/A
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(0)
|
(0)
|
(1)
|
(1)
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
(14)
|
(14)
|
(14)
|
(16)
|
(4)
|
(4)
|
(4)
|
(1)
|
0
|
(26)
|
(26)
|
(26)
|
(26)
|
0
|
0
|
0
|
0
|
(11)
|
(24)
|
(24)
|
0
|
(13)
|
0
|
0
|
0
|
0
|
0
|
2
|
0
|
4
|
0
|
0
|
6
|
0
|
0
|
(0)
|
|
Pre-Tax Income |
(192)
N/A
|
(172)
+10%
|
(138)
+20%
|
(103)
+26%
|
193
N/A
|
90
-53%
|
(97)
N/A
|
(84)
+13%
|
(261)
-213%
|
(194)
+26%
|
(78)
+60%
|
(70)
+10%
|
68
N/A
|
(41)
N/A
|
(438)
-977%
|
(438)
+0%
|
(388)
+11%
|
(318)
+18%
|
90
N/A
|
(50)
N/A
|
(205)
-312%
|
(174)
+15%
|
(161)
+7%
|
(76)
+53%
|
19
N/A
|
20
+6%
|
52
+153%
|
54
+4%
|
55
+2%
|
64
+16%
|
47
-26%
|
16
-66%
|
(136)
N/A
|
(191)
-41%
|
(272)
-43%
|
(291)
-7%
|
(406)
-39%
|
(219)
+46%
|
(92)
+58%
|
(6)
+94%
|
196
N/A
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(3)
|
(3)
|
(5)
|
(6)
|
(8)
|
(10)
|
(16)
|
(16)
|
(21)
|
(22)
|
(18)
|
(20)
|
(17)
|
(15)
|
(5)
|
(6)
|
(3)
|
12
|
9
|
9
|
10
|
(7)
|
6
|
|
Income from Continuing Operations |
(192)
|
(172)
|
(138)
|
(103)
|
193
|
90
|
(97)
|
(84)
|
(261)
|
(194)
|
(78)
|
(70)
|
68
|
(41)
|
(438)
|
(438)
|
(388)
|
(320)
|
87
|
(54)
|
(209)
|
(181)
|
(171)
|
(87)
|
3
|
4
|
31
|
32
|
37
|
44
|
30
|
1
|
(141)
|
(197)
|
(275)
|
(279)
|
(397)
|
(210)
|
(81)
|
(12)
|
201
|
|
Net Income (Common) |
(192)
N/A
|
(172)
+10%
|
(138)
+20%
|
(103)
+26%
|
193
N/A
|
90
-53%
|
(97)
N/A
|
(84)
+13%
|
(261)
-213%
|
(194)
+26%
|
(78)
+60%
|
(70)
+10%
|
68
N/A
|
(41)
N/A
|
(438)
-977%
|
(438)
+0%
|
(388)
+11%
|
(320)
+18%
|
87
N/A
|
(54)
N/A
|
(209)
-288%
|
(181)
+13%
|
(171)
+6%
|
(87)
+49%
|
3
N/A
|
4
+41%
|
31
+600%
|
32
+3%
|
37
+17%
|
44
+18%
|
30
-31%
|
1
-96%
|
(141)
N/A
|
(197)
-40%
|
(275)
-40%
|
(279)
-1%
|
(397)
-42%
|
(210)
+47%
|
(81)
+61%
|
(12)
+85%
|
201
N/A
|
|
EPS (Diluted) |
-3.77
N/A
|
-3.37
+11%
|
-2.7
+20%
|
-2.01
+26%
|
3.79
N/A
|
1.77
-53%
|
-1.89
N/A
|
-1.64
+13%
|
-5.12
-212%
|
-3.79
+26%
|
-1.54
+59%
|
-1.37
+11%
|
1.23
N/A
|
-0.8
N/A
|
-8.58
-973%
|
-8.58
N/A
|
-7.66
+11%
|
-3.99
+48%
|
1.09
N/A
|
-1.15
N/A
|
-3.6
-213%
|
-2.26
+37%
|
-2.13
+6%
|
-1.08
+49%
|
0.04
N/A
|
0.06
+50%
|
0.44
+633%
|
0.36
-18%
|
0.43
+19%
|
0.5
+16%
|
0.35
-30%
|
0.01
-97%
|
-1.85
N/A
|
-1.87
-1%
|
-2.62
-40%
|
-2.65
-1%
|
-3.78
-43%
|
-2
+47%
|
-0.77
+62%
|
-0.12
+84%
|
1.92
N/A
|