Al Khazna Insurance Company P.S.C. (ADX:AKIC)

ADX:AKIC Cash Flow Statement

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

Fiscal Year	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Net Income	-63.78	-13.95	-13.92	-140.52	-77.7
Depreciation & Amortization	0.33	0.46	0.57	0.67	0.68
Gain (Loss) on Sale of Assets	-0.02	-	0.01	-0.08	-0.12
Gain (Loss) on Sale of Investments	-22.12	-14.6	19.1	56.59	18.78
Change in Accounts Receivable	-10.79	12.48	14.16	64.38	19.51
Reinsurance Recoverable	18.8	16.23	29.78	-	-22.51
Change in Unearned Revenue	-0.74	-1.94	0.37	-4.59	-0.91
Change in Insurance Reserves / Liabilities	34.44	-58.48	-69.8	-74.7	79.04
Change in Other Net Operating Assets	-4.75	1.99	-3.74	-	-
Other Operating Activities	18.97	3.43	-3.08	-5.61	-23.24
Operating Cash Flow	-11.51	-58.91	-40.93	-67.26	8.83
Operating Cash Flow Growth	-	-	-	-	189.95%
Capital Expenditures	-0.3	-0.05	-0.34	-0.25	-0.73
Sale of Property, Plant & Equipment	0.04	-	-	0.09	0.13
Investment in Securities	65.66	51.14	22.04	28.95	-0.03
Other Investing Activities	22.34	10.45	16.17	16.3	23.96
Investing Cash Flow	87.74	61.55	55.48	45.08	23.34
Long-Term Debt Issued	-	6.08	-	-	-
Total Debt Repaid	-45.53	-	-8.11	-10.08	-22.84
Net Debt Issued (Repaid)	-45.53	6.08	-8.11	-10.08	-22.84
Other Financing Activities	-32.79	-11.65	-10.77	-9.94	-
Financing Cash Flow	-78.32	-5.57	-18.88	-20.02	-22.84
Net Cash Flow	-2.09	-2.93	-4.34	-42.2	9.33
Free Cash Flow	-11.81	-58.96	-41.27	-67.51	8.1
Free Cash Flow Growth	-	-	-	-	219.62%
Free Cash Flow Margin	-23.92%	-171.52%	-76.37%	-88.16%	4.63%
Free Cash Flow Per Share	-0.12	-0.59	-0.41	-0.68	0.08
Cash Interest Paid	32.79	11.65	10.77	9.94	-
Levered Free Cash Flow	52.39	-18.11	-26.01	-1.78	55.07
Unlevered Free Cash Flow	72.89	-10.83	-19.28	4.6	56.65
Change in Working Capital	36.74	-29.95	-27.55	-9.46	72.15

Updated Apr 1, 2021. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.