DIRECT LINE INSURANCE GROUP PLC financials
DIRECT LINE INSURANCE GROUP PLC
Country: GB Reporting currency: GBP Latest annual report: 2024-12-31
LEI:
213800FF2R23ALJQOP04 Financial statements
(GBP, as reported — unscaled; 83 line items across 2 annual periods)
| Line item | 2024 | 2023 |
|---|---|---|
| Income statement | ||
| Other income | £20.3M | £21.8M |
| Finance costs | £15.4M | £14.5M |
| Profit before tax | £218.4M | £277.4M |
| Income tax expense | £55.8M | £54.5M |
| Profit for the year | £162.6M | £222.9M |
| — attributable to owners | £162.6M | £222.9M |
| Total comprehensive income | £164.8M | £225.5M |
| Per share | ||
| Basic EPS | £0.11 | £0.16 |
| Diluted EPS | £0.11 | £0.16 |
| Free cash flow / share | £-0.26 | £0.27 |
| Cash flow statement | ||
| Cash generated from operations | -£378.1M | £436.4M |
| Net cash from operating activities | -£364.5M | £404.9M |
| Net cash from investing activities | -£106.5M | £398.3M |
| Purchase of PP&E (capex) | £13.3M | £18.9M |
| Purchase of intangibles | £93.2M | £124.1M |
| Net cash from financing activities | -£129.6M | -£51.8M |
| Dividends paid | £94.8M | £16.6M |
| Lease liability payments | £12.5M | £10.8M |
| Balance sheet | ||
| Total assets | £8.80B | £8.42B |
| Property, plant & equipment | £92.7M | £91.6M |
| Right-of-use assets | £101.0M | £96.1M |
| Intangible assets & goodwill | £776.3M | £818.6M |
| Cash & equivalents | £1.16B | £1.77B |
| Total equity | £2.48B | £2.40B |
| Derived metrics | ||
| Free cash flow | -£377.8M | £386.0M |
| Return on equity | 6.5% | 9.3% |
| Cash conversion ratio | -2.24× | 1.82× |
| Capex coverage | -27.41× | 21.42× |
| Other reported items | ||
| Borrowings | £66.8M | £82.4M |
| Cash and Cash Equivalents If Different From Statement of Financial Position | £1.09B | £1.69B |
| Cash Flows From Losing Control of Subsidiaries Or Other Businesses Classified As Investing Activities | £0 | £520.0M |
| Cash Flows Used In Obtaining Control of Subsidiaries Or Other Businesses Classified As Investing Activities | £0 | £600.0K |
| Comprehensive Income Attributable To Owners of Parent | £164.8M | £225.5M |
| Current Tax Assets | £19.9M | £82.8M |
| Current Tax Liabilities | £1.5M | £0 |
| Decrease Increase Through Tax On Sharebased Payment Transactions | -£2.3M | -£300.0K |
| Deferred Tax Assets | £53.0M | £56.5M |
| Derivative Financial Assets | £19.1M | £27.4M |
| Derivative Financial Liabilities | £38.7M | £15.4M |
| Dividends Proposed Or Declared Before Financial Statements Authorised For Issue But Not Recognised As Distribution To Owners Per Share | £5.00 | — |
| Equity and Liabilities | £8.80B | £8.42B |
| Expenses Arising From Reinsurance Held | £259.6M | £46.8M |
| Finance Income Expenses From Reinsurance Contracts Held Recognised In Profit Or Loss | -£20.2M | £28.0M |
| Financial Assets | £4.34B | £3.69B |
| Gains Losses On Cash Flow Hedges Before Tax | £200.0K | -£200.0K |
| Gains Losses On Fair Value Adjustment Investment Property | £6.6M | -£1.9M |
| Gains On Disposals of Noncurrent Assets | -£4.7M | £443.9M |
| Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | -£200.0K | £700.0K |
| Income Tax Relating To Remeasurements of Defined Benefit Plans of Other Comprehensive Income | £200.0K | £0 |
| Income Taxes Paid Refund Classified As Operating Activities | -£13.9M | £30.9M |
| Increase Decrease In Cash and Cash Equivalents | -£600.6M | £751.4M |
| Increase Decrease Through Sharebased Payment Transactions | £14.6M | £13.9M |
| Increase Decrease Through Transactions With Owners | -£85.1M | -£12.6M |
| Insurance Contracts Issued That Are Assets | £5.7M | £5.4M |
| Insurance Contracts Issued That Are Liabilities | £5.09B | £5.24B |
| Insurance Finance Income Expenses From Insurance Contracts Issued Recognised In Profit Or Loss | -£21.0M | -£193.8M |
| Insurance Revenue | £4.57B | £3.60B |
| Insurance Service Expenses From Insurance Contracts Issued | £4.18B | £3.81B |
| Insurance Service Result | £122.4M | -£251.4M |
| Interest Paid Classified As Financing Activities | £15.1M | £14.2M |
| Interest Revenue Calculated Using Effective Interest Method | £226.6M | £171.8M |
| Investment Income | £235.2M | £178.6M |
| Investment Property | £287.6M | £277.1M |
| Lease Liabilities | £113.7M | £106.1M |
| Liabilities | £6.31B | £6.01B |
| Miscellaneous Other Operating Expense | £135.3M | £59.6M |
| Noncurrent Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners | £12.2M | £13.9M |
| Other Comprehensive Income | £2.2M | £2.6M |
| Other Comprehensive Income Before Tax Change In Fair Value of Financial Liability Attributable To Change In Credit Risk of Liability | £400.0K | -£600.0K |
| Other Comprehensive Income Before Tax Gains Losses From Investments In Equity Instruments | £1.2M | £3.3M |
| Other Comprehensive Income Before Tax Gains Losses On Remeasurements of Defined Benefit Plans | £600.0K | £100.0K |
| Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net of Tax | £200.0K | -£200.0K |
| Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Net of Tax | £2.0M | £2.8M |
| Other Provisions | £15.6M | £30.8M |
| Prepayments and Accrued Income Other Than Contract Assets | £103.6M | £101.5M |
| Proceeds From Disposal of Noncurrent Assets Or Disposal Groups Classified As Held For Sale and Discontinued Operations | £0 | £21.9M |
| Recognised Assets Defined Benefit Plan | £800.0K | £1.3M |
| Reinsurance Assets | £1.80B | £1.35B |
| Reinsurance Contracts Held That Are Liabilities | £549.5M | £116.6M |
| Rental Income From Investment Property | £17.4M | £16.1M |
| Subordinated Liabilities | £259.1M | £258.8M |
| Trade and Other Payables | £178.9M | £163.6M |
| Trade and Other Receivables | £21.8M | £35.2M |
Methodology
Every line item above is a fact tagged in DIRECT LINE INSURANCE GROUP PLC's annual report
filed in the European Single Electronic Format (ESEF) under the IFRS
taxonomy (ifrs-full) — the income statement, balance sheet
and cash-flow statement as the filer reported them. Values are shown
as-is, in the reporting currency (GBP), without
rescaling; the row labels map to the underlying concept name (e.g.
Revenue → ifrs-full:Revenue, Operating profit →
ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS →
ifrs-full:DilutedEarningsLossPerShare), and any concept
without a curated label is shown under “Other reported items” with its
de-camel-cased tag name. Only consolidated, default-member facts are
shown (segment / dimensional breakdowns are excluded).
“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.
Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.