Al Wathba National Insurance Company PJSC (ADX:AWNIC)

ADX:AWNIC Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	154.99	36.8	177.09	31.39	164.17	15.22
Depreciation & Amortization	1.46	1.57	1.78	1.83	1.89	1.57
Gain (Loss) on Sale of Assets	-	-0.09	-0.02	1.54	0.01	-0.01
Gain (Loss) on Sale of Investments	-59.55	24	-178.73	18.24	-163.75	12.36
Change in Accounts Receivable	-128.32	-128.36	23.73	-10.55	-7.89	-37.42
Reinsurance Recoverable	155.15	-	-	-	-14.32	8.42
Change in Accounts Payable	-	-	-	-20.65	27.25	25.76
Change in Unearned Revenue	-	-	-	-	7.24	12.08
Change in Insurance Reserves / Liabilities	108.78	202.29	4.43	-23.65	12.97	8.58
Change in Other Net Operating Assets	1.76	9.28	15.37	15.04	-	-
Other Operating Activities	-25.43	-24.62	-22.31	-23.53	-17.66	-14.6
Operating Cash Flow	90.71	37.81	-39.39	-64.01	11.39	58.02
Operating Cash Flow Growth	-	-	-	-	-80.36%	106.69%
Capital Expenditures	-1.17	-0.77	-1.6	-1.36	-1.19	-1.05
Sale of Property, Plant & Equipment	-	0.15	19.96	0.02	-	0.01
Investment in Securities	54.28	49.12	219.43	221.71	-36.14	40.89
Other Investing Activities	40.48	35.81	31.65	36.43	28.71	31.06
Investing Cash Flow	12.87	-0.77	222.82	236.58	-8.87	70.89
Long-Term Debt Issued	-	185	12.39	-	-	373.67
Total Debt Repaid	-162.92	-167.85	-132.79	-143.54	-29.69	-
Net Debt Issued (Repaid)	-27.92	17.15	-120.4	-143.54	-29.69	373.67
Common Dividends Paid	-41.4	-51.75	-47.63	-41.4	-10.35	-
Other Financing Activities	-7.74	-8.15	-3.19	9.88	43.99	-91.51
Financing Cash Flow	-77.07	-42.74	-171.22	-175.05	3.95	282.17
Net Cash Flow	26.52	-5.7	12.22	-2.48	6.47	411.08
Free Cash Flow	89.54	37.04	-40.99	-65.37	10.21	56.98
Free Cash Flow Growth	-	-	-	-	-82.09%	119.41%
Free Cash Flow Margin	12.90%	7.30%	-10.33%	-21.61%	2.35%	22.20%
Free Cash Flow Per Share	0.43	0.18	-0.20	-0.32	0.05	0.28
Cash Interest Paid	7.74	8.15	9.68	11.47	8.5	13.23
Levered Free Cash Flow	-403.18	-29.47	-62.42	238.4	-25.45	-6.2
Unlevered Free Cash Flow	-398.34	-24.37	-56.37	245.57	-20.13	2.07
Change in Working Capital	119.28	83.21	43.53	-39.81	25.26	17.42

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.