PROMUTUEL RÉASSURANCE Statement Of Income and Comprehensive Income (cont.) For the year ended December 31, 2025 2025 2024 (in thousands of Canadian dollars) $ $ Other operating (income) expenses Administration fees 1,432 1,564 Other (income) expenses 8 (18) Member rebates 8,591 4,729 10,031 6,275 Income before income taxes 37,091 38,482 Income taxes 7,859 8,377 Net income 29,232 30,105 Other comprehensive income Items that will not be reclassified subsequently to net income Actuarial gains on pension plans, net of deferred income tax of $6 ($5 in 2024) 17 17 Accumulated other comprehensive income 17 17 Comprehensive income 29,249 30,122 2025 – ANNUAL REPORT 52
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