Saudi Reinsurance Company SJSC
SAU:8200
Income Statement
Income Statement
Saudi 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 |
293
|
338
|
393
|
454
|
493
|
420
|
436
|
408
|
500
|
699
|
1 176
|
1 185
|
1 143
|
1 047
|
584
|
605
|
610
|
638
|
631
|
634
|
629
|
634
|
637
|
647
|
657
|
604
|
618
|
658
|
656
|
552
|
591
|
645
|
872
|
950
|
906
|
833
|
675
|
728
|
820
|
883
|
630
|
|
Revenue |
347
N/A
|
398
+15%
|
467
+17%
|
522
+12%
|
532
+2%
|
459
-14%
|
463
+1%
|
403
-13%
|
503
+25%
|
679
+35%
|
1 165
+71%
|
1 193
+2%
|
1 164
-2%
|
1 087
-7%
|
623
-43%
|
654
+5%
|
657
+1%
|
671
+2%
|
650
-3%
|
643
-1%
|
633
-2%
|
644
+2%
|
659
+2%
|
672
+2%
|
699
+4%
|
643
-8%
|
654
+2%
|
700
+7%
|
691
-1%
|
770
+11%
|
809
+5%
|
864
+7%
|
918
+6%
|
990
+8%
|
931
-6%
|
863
-7%
|
719
-17%
|
760
+6%
|
888
+17%
|
955
+7%
|
695
-27%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(447)
|
(489)
|
(564)
|
(595)
|
(521)
|
(481)
|
(455)
|
(454)
|
(506)
|
(691)
|
(1 209)
|
(1 178)
|
(1 149)
|
(1 047)
|
(560)
|
(594)
|
(623)
|
(640)
|
(629)
|
(621)
|
(626)
|
(634)
|
(638)
|
(633)
|
(645)
|
(585)
|
(603)
|
(651)
|
(633)
|
(704)
|
(737)
|
(796)
|
(865)
|
(939)
|
(887)
|
(788)
|
(643)
|
(683)
|
(719)
|
(777)
|
(570)
|
|
Selling, General & Administrative |
(35)
|
(37)
|
(42)
|
(43)
|
(37)
|
(43)
|
(41)
|
(41)
|
(40)
|
(42)
|
(45)
|
(44)
|
(46)
|
(51)
|
(52)
|
(53)
|
(47)
|
(50)
|
(48)
|
(48)
|
(46)
|
(47)
|
(48)
|
(49)
|
(51)
|
(55)
|
(52)
|
(53)
|
(43)
|
(46)
|
(50)
|
(54)
|
(58)
|
(66)
|
(50)
|
(55)
|
(50)
|
(41)
|
(42)
|
(22)
|
(64)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(3)
|
|
Benefits Claims Loss Adjustment |
(386)
|
(426)
|
(496)
|
(525)
|
(481)
|
(464)
|
(420)
|
(454)
|
(458)
|
(630)
|
(1 183)
|
(1 109)
|
(1 078)
|
(968)
|
(457)
|
(507)
|
(570)
|
(583)
|
(580)
|
(563)
|
(579)
|
(588)
|
(590)
|
(584)
|
(593)
|
(532)
|
(552)
|
(600)
|
(591)
|
(502)
|
(531)
|
(587)
|
(803)
|
(874)
|
(837)
|
(733)
|
(591)
|
(642)
|
(675)
|
(754)
|
(510)
|
|
Other Operating Expenses |
(26)
|
(26)
|
(26)
|
(26)
|
0
|
26
|
6
|
42
|
(5)
|
(19)
|
18
|
(25)
|
(21)
|
(29)
|
(51)
|
(34)
|
(3)
|
(6)
|
(1)
|
(11)
|
1
|
1
|
0
|
1
|
1
|
1
|
1
|
1
|
3
|
(156)
|
(156)
|
(156)
|
(2)
|
1
|
0
|
0
|
1
|
(0)
|
(2)
|
(2)
|
6
|
|
Operating Income |
(100)
N/A
|
(92)
+8%
|
(97)
-6%
|
(73)
+25%
|
11
N/A
|
(22)
N/A
|
8
N/A
|
(51)
N/A
|
(4)
+93%
|
(12)
-232%
|
(45)
-276%
|
15
N/A
|
16
+4%
|
41
+157%
|
63
+55%
|
60
-5%
|
34
-43%
|
32
-8%
|
21
-33%
|
22
+4%
|
7
-69%
|
9
+33%
|
21
+135%
|
39
+81%
|
54
+38%
|
58
+7%
|
51
-11%
|
48
-7%
|
57
+19%
|
65
+14%
|
72
+10%
|
68
-6%
|
52
-23%
|
51
-3%
|
44
-14%
|
74
+70%
|
76
+2%
|
78
+3%
|
169
+117%
|
177
+5%
|
125
-29%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
4
|
4
|
5
|
5
|
3
|
3
|
3
|
3
|
5
|
8
|
11
|
20
|
7
|
22
|
21
|
7
|
6
|
(13)
|
(15)
|
(10)
|
3
|
5
|
6
|
6
|
1
|
2
|
(1)
|
(7)
|
(1)
|
(6)
|
(6)
|
(1)
|
(2)
|
|
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
|
(2)
|
0
|
17
|
(8)
|
(22)
|
(32)
|
35
|
|
Pre-Tax Income |
(100)
N/A
|
(92)
+8%
|
(97)
-6%
|
(73)
+25%
|
11
N/A
|
(22)
N/A
|
8
N/A
|
(51)
N/A
|
0
N/A
|
(8)
N/A
|
(40)
-380%
|
20
N/A
|
18
-8%
|
44
+137%
|
66
+51%
|
63
-5%
|
39
-38%
|
39
+0%
|
32
-18%
|
42
+32%
|
14
-68%
|
31
+125%
|
42
+37%
|
46
+8%
|
59
+29%
|
45
-25%
|
36
-19%
|
38
+6%
|
61
+59%
|
70
+15%
|
78
+11%
|
74
-6%
|
53
-27%
|
53
-1%
|
41
-22%
|
65
+59%
|
91
+40%
|
64
-30%
|
141
+120%
|
144
+3%
|
159
+10%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
(6)
|
(6)
|
(13)
|
(10)
|
(11)
|
(14)
|
(14)
|
(13)
|
(13)
|
(14)
|
(15)
|
(15)
|
(15)
|
(15)
|
(15)
|
(15)
|
(15)
|
(15)
|
(15)
|
(16)
|
(24)
|
(26)
|
(34)
|
|
Income from Continuing Operations |
(100)
|
(92)
|
(97)
|
(73)
|
11
|
(22)
|
8
|
(51)
|
0
|
(8)
|
(40)
|
20
|
18
|
44
|
66
|
63
|
39
|
36
|
26
|
33
|
1
|
18
|
28
|
32
|
45
|
31
|
23
|
25
|
46
|
55
|
63
|
58
|
38
|
37
|
26
|
50
|
76
|
48
|
117
|
119
|
124
|
|
Net Income (Common) |
(100)
N/A
|
(92)
+8%
|
(97)
-6%
|
(73)
+25%
|
11
N/A
|
(22)
N/A
|
8
N/A
|
(51)
N/A
|
0
N/A
|
(8)
N/A
|
(40)
-380%
|
20
N/A
|
18
-8%
|
44
+137%
|
66
+51%
|
63
-5%
|
39
-38%
|
36
-7%
|
26
-28%
|
33
+28%
|
1
-98%
|
18
+2 057%
|
28
+61%
|
32
+12%
|
45
+43%
|
31
-31%
|
23
-27%
|
25
+8%
|
46
+86%
|
55
+19%
|
63
+14%
|
58
-7%
|
38
-34%
|
37
-3%
|
26
-30%
|
50
+91%
|
76
+51%
|
48
-37%
|
117
+145%
|
119
+2%
|
124
+5%
|
|
EPS (Diluted) |
-1.23
N/A
|
-1.39
-13%
|
-1.19
+14%
|
-1.1
+8%
|
0.13
N/A
|
-0.33
N/A
|
0.08
N/A
|
-0.78
N/A
|
0
N/A
|
-0.12
N/A
|
-0.6
-400%
|
0.3
N/A
|
0.21
-30%
|
0.53
+152%
|
0.82
+55%
|
0.78
-5%
|
0.44
-44%
|
0.45
+2%
|
0.32
-29%
|
0.41
+28%
|
0.01
-98%
|
0.22
+2 100%
|
0.35
+59%
|
0.39
+11%
|
0.51
+31%
|
0.39
-24%
|
0.28
-28%
|
0.28
N/A
|
0.52
+86%
|
0.61
+17%
|
0.63
+3%
|
0.64
+2%
|
0.43
-33%
|
0.4
-7%
|
0.29
-28%
|
0.56
+93%
|
0.85
+52%
|
0.54
-36%
|
1.31
+143%
|
1.33
+2%
|
1.4
+5%
|