Direct Line Insurance Group (DLG)

Sector:

Insurance

Index:

FTSE 250

156.20p
   
  • Change Today:
      1.00p
  • 52 Week High: 225.80p
  • 52 Week Low: 151.80p
  • Currency: UK Pounds
  • Shares Issued: 1,311.39m
  • Volume: 16,383
  • Market Cap: £2,048.39m
  • RiskGrade: 472
  • Beta: 0.74

Dividend Data

  31-Dec-2331-Dec-2231-Dec-2131-Dec-2031-Dec-19
Total Dividend4.00p7.60p22.70p22.10p7.20p
For more dividend details, click here

Fundamentals - based on IFRS

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Income Statement 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Continuing Operations          
Revenue 3,601.70 3,229.10 3,168.00 3,189.30 3,202.60
Operating Profit/(Loss) 264.60 (418.10) 480.30 482.70 535.70
Profit Before Tax 277.40 (301.80) 446.00 451.40 509.70
Profit After Tax 222.90 (231.90) 343.70 367.20 419.90
Discontinued Operations          
Profit After Tax n/a n/a n/a n/a n/a
PROFIT FOR THE PERIOD 222.90 (231.90) 343.70 367.20 419.90
Attributable to:          
Equity Holders of Parent Company 222.90 (231.90) 343.70 367.20 419.90
Minority Interests n/a n/a n/a n/a n/a
           
Continuing EPS          
Earnings per Share - Basic 15.90p (19.10p) 24.50p 25.80p 29.50p
Earnings per Share - Diluted 15.70p (19.10p) 24.10p 25.50p 29.20p
Earnings per Share - Adjusted 15.90p (19.10p) 24.50p 25.80p 29.50p
Continuing and Discontinued EPS          
Earnings per Share - Basic 15.90p (19.10p) 24.50p 25.80p 29.50p
Earnings per Share - Diluted 15.90p (19.10p) 24.10p 25.50p 29.20p
Earnings per Share - Adjusted 15.90p (19.10p) 24.50p 25.80p 29.50p
           
Dividend per Share 4.00p 7.60p 22.70p 22.10p 7.20p
  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Balance Sheet 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Assets          
Property, Plant & Equipment 187.70 156.70 189.90 283.90 292.60
Intangible Assets 818.60 822.20 822.50 786.80 702.50
Investment Properties 277.10 278.50 317.00 292.10 291.70
Investments 3,691.60 3,696.40 4,633.60 4,681.40 4,673.40
Other Financial Assets 27.40 31.30 35.90 73.40 121.50
Insurance/Re-Insurance Assets 1,351.40 1,092.20 1,211.80 1,129.80 1,251.30
           
Inventories n/a n/a n/a n/a n/a
Trade & Other Receivables 136.70 139.40 887.90 974.20 966.70
Cash at Bank & in Hand 1,772.20 1,003.60 955.70 1,220.10 948.60
Other Current Assets 82.80 71.90 n/a n/a n/a
Other Assets 71.70 131.50 254.30 180.60 185.90
Total Assets 8,417.20 7,423.70 9,308.60 9,622.30 9,434.20
           
Liabilities          
Insurance Contracts 5,355.40 4,639.70 n/a n/a n/a
Provisions for Risks and Charges n/a n/a n/a n/a n/a
Other Insurance Liabilities n/a n/a 5,181.20 5,114.10 5,803.70
Borrowings 447.30 405.40 657.00 720.90 475.70
Provisions 30.80 10.20 96.90 123.50 83.90
Other Liabilities 179.00 176.60 476.80 617.60 80.80
Total Liabilities 6,012.50 5,231.90 6,411.90 6,576.10 6,444.10
           
Net Assets 2,404.70 2,191.80 2,896.70 3,046.20 2,990.10
           
Capital & Reserves          
Share Capital 143.10 145.20 145.20 2,699.70 2,643.60
Share Premium Account n/a n/a n/a n/a n/a
Other Reserves 1,430.40 809.30 1,422.10 346.50 346.50
Retained Earnings 484.70 890.80 982.90 n/a n/a
Shareholders Funds 2,058.20 1,845.30 2,550.20 3,046.20 2,990.10
           
Minority Interests/Other Equity 346.50 346.50 346.50 n/a n/a
Total Equity 2,404.70 2,191.80 2,896.70 3,046.20 2,990.10
Cash Flow 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Net Cash Flow From Operating Activities 404.90 800.20 439.00 584.70 462.10
Returns On Investment & Servicing of Finance fn/a fn/a fn/a fn/a fn/a
Taxation Paid fn/a fn/a fn/a fn/a fn/a
Net Cash Flow from Investing Activities 398.30 (100.80) (138.70) (161.00) (187.60)
Acquisitions & Disposals gn/a gn/a gn/a gn/a gn/a
Dividends Paid fn/a fn/a fn/a fn/a fn/a
Management of Liquid Resources cn/a cn/a cn/a cn/a cn/a
Net Cash Flow from Financing Activities (51.80) (657.50) (572.00) (151.80) (470.60)
Net Increase/Decrease In Cash 751.40 41.90 (271.70) 271.90 (196.10)
Ratios - based on IFRS 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Continuing Operations          
PE Ratio - Adjusted 11.4 n/a 11.4 12.4 10.6
PEG - Adjusted n/a n/a n/a n/a n/a
Earnings per Share Growth - Adjusted n/a n/a -5% -12% -11%
Dividend Cover 3.97 (2.51) 1.08 1.17 4.10
Revenue per Share 277.27p 247.57p 2.39p 235.11p 234.25p
Pre-Tax Profit per Share 21.36p (23.14p) 0.34p 33.28p 37.28p
Operating Margin 7.35% (12.95%) 15.16% 15.13% 16.73%
Return on Capital Employed n/a n/a n/a n/a n/a
Continuing & Discontinued Operations          
PE Ratio - Adjusted 11.4 n/a 1,128.2 12.4 10.6
PEG - Adjusted n/a n/a n/a n/a n/a
Earnings per Share Growth - Adjusted n/a n/a -99% -12% -11%
Dividend Cover 3.97 (2.51) 0.01 1.17 4.10
           
Dividend Yield 2.2% 3.4% 8.1% 6.9% 2.3%
Dividend per Share Growth (47.37%) (66.52%) 2.71% 206.94% (65.71%)
Operating Cash Flow per Share 31.17p 61.35p 32.86p 43.10p 33.80p
Cash Incr/Decr per Share 57.84p 3.21p (0.20p) 20.04p (14.34p)
Net Asset Value per Share (exc. Intangibles) 122.10p 105.01p 155.28p 166.56p 167.32p
Net Gearing n/a n/a n/a n/a n/a

Key

* GAAP

a. Includes discontinued activities

b. Including assets due in more than one year

c. Not disclosed under IFRS

d. Total fixed assets

e. Includes borrowings

f. Included in cash flow from operating activities under IFRS

g. Included in net cash from investing activities under IFRS

h. Pre-tax

i. Capital expenditure

j. Based on operating cash flow before tax

k. Issue of ordinary shares

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 4: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 5: Forecast figures based on normalised accounts.

 

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