
Great-West Lifeco Inc
TSX:GWO

Income Statement
Income Statement
Great-West Lifeco Inc
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 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Gross Premiums Earned |
25 470
|
27 320
|
27 178
|
28 518
|
27 339
|
29 433
|
30 795
|
33 273
|
39 938
|
38 463
|
39 544
|
39 627
|
39 301
|
38 204
|
38 402
|
40 528
|
41 057
|
42 514
|
31 819
|
30 796
|
31 308
|
32 571
|
45 658
|
46 310
|
48 643
|
52 406
|
54 152
|
59 440
|
59 764
|
60 710
|
65 355
|
64 402
|
23 259
|
50 344
|
38 361
|
28 789
|
24 732
|
25 173
|
25 723
|
26 249
|
26 839
|
|
Revenue |
39 181
N/A
|
41 922
+7%
|
36 076
-14%
|
36 221
+0%
|
33 820
-7%
|
33 493
-1%
|
42 076
+26%
|
46 888
+11%
|
46 381
-1%
|
46 939
+1%
|
45 189
-4%
|
41 998
-7%
|
46 825
+11%
|
43 568
-7%
|
43 098
-1%
|
44 895
+4%
|
43 919
-2%
|
51 174
+17%
|
43 146
-16%
|
45 503
+5%
|
44 412
-2%
|
37 799
-15%
|
54 936
+45%
|
54 211
-1%
|
60 274
+11%
|
62 104
+3%
|
60 355
-3%
|
64 113
+6%
|
64 335
+0%
|
62 470
-3%
|
53 722
-14%
|
48 689
-9%
|
17 411
-64%
|
43 980
+153%
|
40 931
-7%
|
34 608
-15%
|
31 071
-10%
|
30 247
-3%
|
32 001
+6%
|
36 225
+13%
|
32 270
-11%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(35 481)
|
(38 038)
|
(32 221)
|
(32 379)
|
(30 038)
|
(30 026)
|
(38 624)
|
(43 479)
|
(42 691)
|
(43 350)
|
(41 476)
|
(38 320)
|
(43 662)
|
(40 362)
|
(39 791)
|
(41 449)
|
(40 304)
|
(47 581)
|
(40 180)
|
(42 481)
|
(41 528)
|
(35 368)
|
(51 854)
|
(51 165)
|
(57 104)
|
(58 460)
|
(56 628)
|
(60 052)
|
(60 156)
|
(58 216)
|
(49 680)
|
(44 840)
|
(12 776)
|
(39 814)
|
(36 927)
|
(30 365)
|
(27 351)
|
(25 904)
|
(27 019)
|
(31 364)
|
(26 765)
|
|
Selling, General & Administrative |
(339)
|
(338)
|
(335)
|
(333)
|
(3 342)
|
(347)
|
(365)
|
(391)
|
(5 127)
|
(1 000)
|
(1 471)
|
(1 826)
|
(6 882)
|
(2 161)
|
(2 158)
|
(2 212)
|
(7 086)
|
(2 140)
|
(2 114)
|
(2 071)
|
(7 083)
|
(1 985)
|
(2 066)
|
(1 969)
|
(7 250)
|
(1 957)
|
(1 873)
|
(2 010)
|
(8 070)
|
(1 975)
|
(1 881)
|
(2 115)
|
(9 586)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Depreciation & Amortization |
(132)
|
(135)
|
(140)
|
(143)
|
(1 609)
|
(156)
|
(163)
|
(170)
|
(260)
|
(176)
|
(179)
|
(183)
|
(254)
|
(172)
|
(175)
|
(182)
|
(308)
|
(216)
|
(220)
|
(223)
|
(418)
|
(227)
|
(234)
|
(235)
|
(438)
|
(261)
|
(286)
|
(310)
|
(523)
|
(342)
|
(350)
|
(369)
|
(354)
|
(378)
|
(381)
|
(380)
|
(366)
|
(376)
|
(382)
|
(387)
|
(415)
|
|
Benefits Claims Loss Adjustment |
(31 244)
|
(33 654)
|
(27 670)
|
(27 583)
|
(25 060)
|
(24 900)
|
(33 392)
|
(38 167)
|
(37 277)
|
(37 150)
|
(34 890)
|
(31 517)
|
(36 490)
|
(33 289)
|
(32 625)
|
(34 086)
|
(32 888)
|
(40 054)
|
(32 497)
|
(34 895)
|
(33 958)
|
(27 835)
|
(44 306)
|
(43 605)
|
(49 383)
|
(50 539)
|
(48 475)
|
(51 551)
|
(51 518)
|
(49 471)
|
(40 740)
|
(35 478)
|
(15 272)
|
(28 291)
|
(26 425)
|
(21 574)
|
(15 777)
|
(15 849)
|
(15 943)
|
(16 121)
|
(16 368)
|
|
Other Operating Expenses |
(3 766)
|
(3 911)
|
(4 076)
|
(4 320)
|
(27)
|
(4 623)
|
(4 704)
|
(4 751)
|
(27)
|
(5 024)
|
(4 936)
|
(4 794)
|
(36)
|
(4 740)
|
(4 833)
|
(4 969)
|
(22)
|
(5 171)
|
(5 349)
|
(5 292)
|
(69)
|
(5 321)
|
(5 248)
|
(5 356)
|
(33)
|
(5 703)
|
(5 994)
|
(6 181)
|
(45)
|
(6 428)
|
(6 709)
|
(6 878)
|
12 436
|
(11 145)
|
(10 121)
|
(8 411)
|
(11 208)
|
(9 679)
|
(10 694)
|
(14 856)
|
(9 982)
|
|
Operating Income |
3 700
N/A
|
3 884
+5%
|
3 855
-1%
|
3 842
0%
|
3 782
-2%
|
3 467
-8%
|
3 452
0%
|
3 409
-1%
|
3 690
+8%
|
3 589
-3%
|
3 713
+3%
|
3 678
-1%
|
3 163
-14%
|
3 206
+1%
|
3 307
+3%
|
3 446
+4%
|
3 615
+5%
|
3 593
-1%
|
2 966
-17%
|
3 022
+2%
|
2 884
-5%
|
2 431
-16%
|
3 082
+27%
|
3 046
-1%
|
3 170
+4%
|
3 644
+15%
|
3 727
+2%
|
4 061
+9%
|
4 179
+3%
|
4 254
+2%
|
4 042
-5%
|
3 849
-5%
|
4 635
+20%
|
4 166
-10%
|
4 004
-4%
|
4 243
+6%
|
3 720
-12%
|
4 343
+17%
|
4 982
+15%
|
4 861
-2%
|
5 505
+13%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(279)
|
(279)
|
(279)
|
(282)
|
(276)
|
(277)
|
(276)
|
(273)
|
(275)
|
(76)
|
(141)
|
(204)
|
(174)
|
(158)
|
(78)
|
(67)
|
(86)
|
(161)
|
(16)
|
(31)
|
48
|
61
|
(154)
|
(63)
|
36
|
38
|
50
|
(33)
|
(222)
|
(246)
|
(299)
|
(326)
|
(393)
|
(438)
|
(446)
|
(463)
|
(426)
|
(403)
|
(402)
|
(400)
|
(402)
|
|
Non-Reccuring Items |
(32)
|
(34)
|
(38)
|
(35)
|
(35)
|
(32)
|
(23)
|
(35)
|
(63)
|
(96)
|
(307)
|
(289)
|
(259)
|
(222)
|
(6)
|
(72)
|
(67)
|
0
|
0
|
0
|
(52)
|
(52)
|
0
|
0
|
(134)
|
(150)
|
(171)
|
(203)
|
(90)
|
(91)
|
(130)
|
(156)
|
(178)
|
(187)
|
(146)
|
(126)
|
(226)
|
(268)
|
(276)
|
(261)
|
(122)
|
|
Pre-Tax Income |
3 389
N/A
|
3 571
+5%
|
3 538
-1%
|
3 525
0%
|
3 471
-2%
|
3 158
-9%
|
3 153
0%
|
3 101
-2%
|
3 352
+8%
|
3 417
+2%
|
3 265
-4%
|
3 185
-2%
|
2 730
-14%
|
2 826
+4%
|
3 223
+14%
|
3 307
+3%
|
3 462
+5%
|
3 432
-1%
|
2 950
-14%
|
2 991
+1%
|
2 880
-4%
|
2 440
-15%
|
2 928
+20%
|
2 983
+2%
|
3 072
+3%
|
3 532
+15%
|
3 606
+2%
|
3 825
+6%
|
3 867
+1%
|
3 917
+1%
|
3 613
-8%
|
3 367
-7%
|
4 064
+21%
|
3 541
-13%
|
3 412
-4%
|
3 654
+7%
|
3 068
-16%
|
3 672
+20%
|
4 304
+17%
|
4 200
-2%
|
4 981
+19%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(628)
|
(679)
|
(609)
|
(558)
|
(460)
|
(260)
|
(250)
|
(274)
|
(396)
|
(468)
|
(443)
|
(428)
|
(422)
|
(403)
|
(505)
|
(519)
|
(387)
|
(440)
|
(340)
|
(280)
|
(373)
|
(230)
|
(272)
|
(244)
|
82
|
12
|
1
|
(91)
|
(304)
|
(299)
|
(244)
|
(146)
|
(394)
|
(212)
|
(217)
|
(341)
|
(53)
|
(192)
|
(365)
|
(359)
|
(737)
|
|
Income from Continuing Operations |
2 761
|
2 892
|
2 929
|
2 967
|
3 011
|
2 898
|
2 903
|
2 827
|
2 956
|
2 949
|
2 822
|
2 757
|
2 308
|
2 423
|
2 718
|
2 788
|
3 075
|
2 992
|
2 610
|
2 711
|
2 507
|
2 210
|
2 656
|
2 739
|
3 154
|
3 544
|
3 607
|
3 734
|
3 563
|
3 618
|
3 369
|
3 221
|
3 670
|
3 329
|
3 195
|
3 313
|
3 015
|
3 480
|
3 939
|
3 841
|
4 244
|
|
Income to Minority Interest |
(4)
|
(19)
|
(10)
|
(16)
|
(9)
|
23
|
29
|
58
|
(2)
|
(24)
|
17
|
(7)
|
10
|
37
|
(9)
|
28
|
(1)
|
8
|
19
|
(42)
|
(5)
|
(23)
|
(65)
|
(52)
|
(12)
|
(37)
|
(180)
|
(261)
|
1
|
8
|
208
|
171
|
88
|
46
|
14
|
144
|
(23)
|
(71)
|
(94)
|
(73)
|
(103)
|
|
Net Income (Common) |
2 546
N/A
|
2 659
+4%
|
2 703
+2%
|
2 736
+1%
|
2 762
+1%
|
2 682
-3%
|
2 694
+0%
|
2 648
-2%
|
2 641
0%
|
2 612
-1%
|
2 526
-3%
|
2 433
-4%
|
2 149
-12%
|
2 289
+7%
|
2 535
+11%
|
2 643
+4%
|
2 961
+12%
|
2 887
-2%
|
2 515
-13%
|
2 556
+2%
|
2 359
-8%
|
2 044
-13%
|
2 448
+20%
|
2 544
+4%
|
2 943
+16%
|
3 308
+12%
|
3 229
-2%
|
3 275
+1%
|
3 128
-4%
|
3 191
+2%
|
3 142
-2%
|
2 958
-6%
|
3 596
+22%
|
3 044
-15%
|
2 807
-8%
|
3 024
+8%
|
2 738
-9%
|
3 103
+13%
|
3 610
+16%
|
3 564
-1%
|
3 940
+11%
|
|
EPS (Diluted) |
2.56
N/A
|
2.67
+4%
|
2.71
+1%
|
2.74
+1%
|
2.77
+1%
|
2.69
-3%
|
2.7
+0%
|
2.66
-1%
|
2.66
N/A
|
2.63
-1%
|
2.55
-3%
|
2.46
-4%
|
2.17
-12%
|
2.32
+7%
|
2.57
+11%
|
2.68
+4%
|
2.99
+12%
|
2.92
-2%
|
2.67
-9%
|
2.75
+3%
|
2.49
-9%
|
2.2
-12%
|
2.64
+20%
|
2.74
+4%
|
3.17
+16%
|
3.56
+12%
|
3.47
-3%
|
3.52
+1%
|
3.36
-5%
|
3.42
+2%
|
3.37
-1%
|
3.17
-6%
|
3.85
+21%
|
3.26
-15%
|
3
-8%
|
3.23
+8%
|
2.93
-9%
|
3.31
+13%
|
3.86
+17%
|
3.81
-1%
|
4.21
+10%
|