Al Fujairah National Insurance Company P.J.S.C (ADX:AFNIC)

ADX:AFNIC Cash Flow Statement

Financials in millions AED. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	25.03	-7.98	-20.91	18.69	36.93
Depreciation & Amortization	15	14.93	18.32	17.62	13.47
Gain (Loss) on Sale of Assets	-0.04	-0.06	-0.01	-0.22	-0.88
Gain (Loss) on Sale of Investments	-11.31	1.9	-0.94	-5.07	2.11
Change in Accounts Receivable	-	-	-8.42	-8.3	5.2
Reinsurance Recoverable	-59	-31.76	-34.94	-0.69	-11.34
Change in Accounts Payable	-	-	2.5	-	-
Change in Insurance Reserves / Liabilities	142.01	83.07	56.74	-3.22	-22.16
Change in Other Net Operating Assets	6.34	4.84	-	0.46	-1.41
Other Operating Activities	-14.86	-12.31	-7.45	-10.22	-10.69
Operating Cash Flow	102.11	50.15	5.17	7.66	20.34
Operating Cash Flow Growth	103.60%	870.70%	-32.54%	-62.35%	-63.82%
Capital Expenditures	-1.45	-1.34	-1.03	-2.28	-2.69
Sale of Property, Plant & Equipment	0.03	0.08	0.01	0.22	1
Investment in Securities	-22.95	-47.11	10.86	20.94	-23.76
Other Investing Activities	19.99	12.29	10.51	10.56	11.74
Investing Cash Flow	-4.38	-36.08	20.36	29.44	-13.7
Total Debt Repaid	-12.97	-12.53	-11.41	-16.09	-13.82
Net Debt Issued (Repaid)	-12.97	-12.53	-11.41	-16.09	-13.82
Common Dividends Paid	-	-	-13.31	-18.15	-8.8
Financing Cash Flow	-12.97	-12.53	-24.72	-34.24	-22.62
Net Cash Flow	84.76	1.54	0.81	2.85	-15.98
Free Cash Flow	100.67	48.81	4.14	5.38	17.66
Free Cash Flow Growth	106.24%	1079.90%	-23.07%	-69.55%	-66.39%
Free Cash Flow Margin	22.38%	16.64%	1.70%	2.83%	7.88%
Free Cash Flow Per Share	75.63	36.67	3.11	4.04	13.27
Levered Free Cash Flow	3.64	-	-	1.96	6.28
Unlevered Free Cash Flow	3.64	-	-	2.06	6.43
Change in Net Working Capital	26.21	-	-	24.06	31.71

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.