Emirates Insurance Company P.J.S.C. (ADX:EIC)

ADX:EIC Cash Flow Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net Income	119.78	126.29	55.8	71.01	108.28	113.15
Depreciation & Amortization	3.59	3.54	4.17	5.23	5.88	5.62
Gain (Loss) on Sale of Assets	-0.01	-0.08	-0.04	-0.02	-	-
Gain (Loss) on Sale of Investments	-25.38	-32.18	26.2	-25.77	4.09	-23.41
Change in Accounts Receivable	-	2.38	-2.38	-6.99	33.97	29.94
Reinsurance Recoverable	-576.04	-168.78	217.93	274.07	-486.89	-8.72
Change in Unearned Revenue	-	-	-	7.42	3.88	1.98
Change in Insurance Reserves / Liabilities	554.32	81.72	-218.53	-258.33	435.49	77.69
Change in Other Net Operating Assets	10.47	55.23	3.24	-3.99	12.34	-10.59
Other Operating Activities	-67.25	-53.46	-55.8	-40.47	-50.24	-47.89
Operating Cash Flow	26.25	-11.02	62.62	29.24	70.65	135.83
Operating Cash Flow Growth	466.99%	-	114.17%	-58.61%	-47.99%	113.76%
Capital Expenditures	-3.46	-1.54	-2.95	-1.99	-3.44	-5.31
Sale of Property, Plant & Equipment	0.01	0.13	0.08	0.02	-	-
Investment in Securities	103.01	29.97	-88.11	59.05	-5.94	-106.35
Other Investing Activities	73.96	56.02	51.06	43.86	51.89	47.82
Investing Cash Flow	173.52	84.58	-39.92	100.94	42.52	-63.84
Total Debt Repaid	-0.03	-0.03	-0.03	-0.03	-0.03	-
Net Debt Issued (Repaid)	-0.03	-0.03	-0.03	-0.03	-0.03	-
Common Dividends Paid	-82.5	-75	-75	-90	-90	-82.79
Financing Cash Flow	-82.53	-75.03	-75.03	-90.03	-90.03	-82.79
Net Cash Flow	117.23	-1.47	-52.33	40.15	23.14	-10.8
Free Cash Flow	22.78	-12.56	59.67	27.25	67.21	130.52
Free Cash Flow Growth	623.73%	-	118.97%	-59.46%	-48.50%	136.38%
Free Cash Flow Margin	1.81%	-1.04%	5.27%	4.83%	10.44%	18.19%
Free Cash Flow Per Share	0.15	-0.08	0.40	0.18	0.45	0.87
Levered Free Cash Flow	-502.13	-113.72	-460.84	160.91	166.9	187.81
Unlevered Free Cash Flow	-502.13	-113.72	-460.84	160.91	166.9	187.81
Change in Net Working Capital	580.47	194.66	496.94	-111.76	-89.42	-117.45

Updated Nov 11, 2024. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.