Walaa Cooperative Insurance Company SJSC
SAU:8060
Income Statement
Income Statement
Walaa Cooperative Insurance 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 |
171
|
178
|
204
|
229
|
268
|
298
|
295
|
321
|
410
|
489
|
604
|
704
|
758
|
791
|
815
|
809
|
799
|
811
|
819
|
823
|
820
|
796
|
953
|
936
|
738
|
936
|
781
|
812
|
841
|
656
|
720
|
793
|
1 121
|
1 180
|
1 282
|
1 365
|
1 574
|
1 530
|
1 593
|
1 663
|
1 766
|
|
Revenue |
197
N/A
|
192
-2%
|
219
+14%
|
284
+29%
|
310
+9%
|
339
+9%
|
339
0%
|
324
-4%
|
412
+27%
|
491
+19%
|
604
+23%
|
705
+17%
|
761
+8%
|
794
+4%
|
817
+3%
|
812
-1%
|
793
-2%
|
806
+2%
|
814
+1%
|
818
+1%
|
812
-1%
|
788
-3%
|
945
+20%
|
928
-2%
|
738
-20%
|
936
+27%
|
781
-17%
|
812
+4%
|
841
+4%
|
891
+6%
|
965
+8%
|
1 051
+9%
|
1 146
+9%
|
1 233
+8%
|
1 292
+5%
|
1 366
+6%
|
1 573
+15%
|
1 503
-4%
|
1 631
+8%
|
1 706
+5%
|
1 868
+9%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(173)
|
(200)
|
(227)
|
(258)
|
(306)
|
(325)
|
(356)
|
(401)
|
(470)
|
(521)
|
(564)
|
(607)
|
(650)
|
(672)
|
(692)
|
(680)
|
(665)
|
(673)
|
(684)
|
(717)
|
(733)
|
(733)
|
(933)
|
(931)
|
(742)
|
(954)
|
(762)
|
(774)
|
(787)
|
(850)
|
(954)
|
(1 091)
|
(1 285)
|
(1 390)
|
(1 491)
|
(1 550)
|
(1 678)
|
(1 531)
|
(1 571)
|
(1 579)
|
(1 705)
|
|
Selling, General & Administrative |
(47)
|
(51)
|
(52)
|
(50)
|
(49)
|
(53)
|
(56)
|
(64)
|
(53)
|
(56)
|
(59)
|
(59)
|
(70)
|
(81)
|
(87)
|
(94)
|
(104)
|
(106)
|
(114)
|
(129)
|
(141)
|
(156)
|
(189)
|
(177)
|
(105)
|
(150)
|
(123)
|
(142)
|
(140)
|
(150)
|
(152)
|
(153)
|
(158)
|
(182)
|
(158)
|
(163)
|
(21)
|
(132)
|
(122)
|
(70)
|
(37)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
(11)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
0
|
|
Benefits Claims Loss Adjustment |
(105)
|
(125)
|
(148)
|
(178)
|
(219)
|
(242)
|
(309)
|
(362)
|
(429)
|
(445)
|
(411)
|
(393)
|
(404)
|
(434)
|
(472)
|
(489)
|
(485)
|
(493)
|
(497)
|
(515)
|
(516)
|
(511)
|
(670)
|
(687)
|
(583)
|
(749)
|
(597)
|
(589)
|
(588)
|
(495)
|
(595)
|
(729)
|
(1 057)
|
(1 137)
|
(1 275)
|
(1 329)
|
(1 670)
|
(1 400)
|
(1 452)
|
(1 541)
|
(1 679)
|
|
Policy Acquisition Expense |
(21)
|
(24)
|
(27)
|
(30)
|
(36)
|
(39)
|
(41)
|
(44)
|
(45)
|
(49)
|
(53)
|
(58)
|
(62)
|
(68)
|
(72)
|
(74)
|
(73)
|
(74)
|
(74)
|
(73)
|
(72)
|
(66)
|
(74)
|
(67)
|
(46)
|
(55)
|
(42)
|
(44)
|
(48)
|
(39)
|
(41)
|
(43)
|
(60)
|
(65)
|
0
|
(59)
|
(87)
|
0
|
0
|
0
|
0
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
8
|
50
|
68
|
59
|
29
|
(41)
|
(98)
|
(112)
|
(90)
|
(62)
|
(23)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(166)
|
(166)
|
(166)
|
0
|
(7)
|
(58)
|
0
|
110
|
1
|
2
|
31
|
11
|
|
Operating Income |
24
N/A
|
(8)
N/A
|
(8)
-8%
|
26
N/A
|
4
-83%
|
15
+244%
|
(17)
N/A
|
(78)
-354%
|
(58)
+26%
|
(30)
+48%
|
40
N/A
|
98
+142%
|
111
+14%
|
122
+9%
|
125
+3%
|
132
+6%
|
128
-3%
|
133
+4%
|
129
-3%
|
100
-22%
|
79
-22%
|
55
-30%
|
12
-77%
|
(3)
N/A
|
(4)
-33%
|
(18)
-405%
|
19
N/A
|
38
+100%
|
55
+44%
|
40
-26%
|
12
-71%
|
(40)
N/A
|
(139)
-249%
|
(157)
-13%
|
(199)
-27%
|
(184)
+8%
|
(105)
+43%
|
(28)
+74%
|
60
N/A
|
127
+113%
|
163
+28%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
3
|
4
|
5
|
6
|
8
|
9
|
6
|
14
|
16
|
18
|
25
|
22
|
24
|
33
|
34
|
27
|
31
|
20
|
19
|
18
|
19
|
30
|
30
|
33
|
36
|
0
|
23
|
36
|
0
|
0
|
0
|
0
|
|
Non-Reccuring Items |
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
|
(7)
|
(7)
|
0
|
0
|
0
|
49
|
0
|
0
|
0
|
(0)
|
|
Total Other Income |
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)
|
21
|
0
|
(36)
|
20
|
20
|
14
|
0
|
|
Pre-Tax Income |
25
N/A
|
(7)
N/A
|
(8)
-4%
|
26
N/A
|
5
-82%
|
15
+210%
|
(17)
N/A
|
(77)
-361%
|
(56)
+27%
|
(27)
+52%
|
44
N/A
|
103
+133%
|
117
+14%
|
129
+10%
|
134
+4%
|
139
+3%
|
142
+2%
|
148
+5%
|
147
-1%
|
125
-15%
|
100
-20%
|
78
-22%
|
45
-42%
|
31
-32%
|
23
-25%
|
12
-47%
|
39
+219%
|
57
+44%
|
73
+28%
|
60
-18%
|
42
-30%
|
(17)
N/A
|
(113)
-579%
|
(121)
-7%
|
(178)
-47%
|
(161)
+10%
|
(56)
+65%
|
(7)
+87%
|
80
N/A
|
141
+76%
|
163
+16%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(4)
|
(8)
|
(8)
|
(15)
|
(11)
|
(15)
|
(16)
|
(2)
|
(4)
|
2
|
(9)
|
(22)
|
(23)
|
(24)
|
(17)
|
(9)
|
(10)
|
(8)
|
(6)
|
(12)
|
(10)
|
(10)
|
(14)
|
(15)
|
|
Income from Continuing Operations |
25
|
(7)
|
(8)
|
26
|
5
|
15
|
(17)
|
(77)
|
(56)
|
(27)
|
44
|
103
|
117
|
129
|
134
|
139
|
142
|
144
|
139
|
113
|
86
|
64
|
26
|
15
|
21
|
8
|
41
|
48
|
51
|
37
|
17
|
(34)
|
(122)
|
(131)
|
(186)
|
(167)
|
(68)
|
(17)
|
70
|
127
|
148
|
|
Net Income (Common) |
25
N/A
|
(7)
N/A
|
(8)
-4%
|
26
N/A
|
5
-82%
|
15
+210%
|
(17)
N/A
|
(77)
-361%
|
(56)
+27%
|
(27)
+52%
|
44
N/A
|
103
+133%
|
117
+14%
|
129
+10%
|
134
+4%
|
139
+3%
|
142
+2%
|
144
+2%
|
139
-4%
|
113
-19%
|
86
-25%
|
64
-26%
|
26
-58%
|
15
-42%
|
21
+40%
|
8
-61%
|
41
+395%
|
48
+17%
|
51
+7%
|
37
-28%
|
17
-53%
|
(34)
N/A
|
(122)
-262%
|
(131)
-8%
|
(186)
-42%
|
(167)
+10%
|
(68)
+59%
|
(17)
+75%
|
70
N/A
|
127
+82%
|
148
+16%
|
|
EPS (Diluted) |
0.71
N/A
|
-0.19
N/A
|
-0.19
N/A
|
0.69
N/A
|
0.13
-81%
|
0.35
+169%
|
-0.38
N/A
|
-1.32
-247%
|
-1.25
+5%
|
-0.5
+60%
|
0.68
N/A
|
1.76
+159%
|
2.22
+26%
|
2.44
+10%
|
2.53
+4%
|
2.62
+4%
|
2.68
+2%
|
2.73
+2%
|
2.63
-4%
|
2.14
-19%
|
1.62
-24%
|
1.2
-26%
|
0.5
-58%
|
0.29
-42%
|
0.4
+38%
|
0.13
-68%
|
0.63
+385%
|
0.74
+17%
|
0.82
+11%
|
0.57
-30%
|
0.27
-53%
|
-0.52
N/A
|
-1.89
-263%
|
-2.03
-7%
|
-2.88
-42%
|
-2.58
+10%
|
-0.99
+62%
|
-0.2
+80%
|
0.81
N/A
|
1.51
+86%
|
1.74
+15%
|