HAYAH Insurance Company P.J.S.C. (ADX:HAYAH)

ADX:HAYAH 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	-2.1	4.65	-5.7	7.43	1.18	2.25
Depreciation & Amortization	0.92	0.86	0.89	0.46	0.34	0.35
Other Amortization	0.79	0.51	0.28	0.04	0.06	0.08
Gain (Loss) on Sale of Assets	-	-	-	-	0	0
Gain (Loss) on Sale of Investments	-1.79	-1.69	-0.77	1.95	-1.27	1.57
Change in Accounts Receivable	-32.59	-6.79	-7.68	-0.46	2.23	0.79
Reinsurance Recoverable	-17.29	-2.86	-18.08	-11.23	-2	0.79
Change in Unearned Revenue	-	-	-	-	0.07	-0.01
Change in Insurance Reserves / Liabilities	31.33	1.61	1.3	-10.47	7.07	-1.62
Change in Other Net Operating Assets	39.21	-5.99	10.38	1.35	4.31	0.67
Other Operating Activities	-4.13	-5.03	-3.33	-3.51	-3.73	-4.46
Operating Cash Flow	18.61	-10.48	-22.75	-14.57	7.77	0.1
Operating Cash Flow Growth	-	-	-	-	7992.71%	-
Capital Expenditures	-1.42	-0.79	-0.83	-0.81	-0.08	-0.02
Purchase / Sale of Intangible Assets	-3.61	-2.99	-6.17	-4.34	-1.47	-0.62
Investment in Securities	-14.36	11.53	20.13	7	-41.78	32.21
Other Investing Activities	4.66	5.21	4.15	4.02	3.73	5.17
Investing Cash Flow	-14.72	12.96	17.28	5.87	-39.61	36.74
Total Debt Repaid	-0.59	-0.18	-0.36	-0.23	-0.32	-0.32
Net Debt Issued (Repaid)	-0.59	-0.18	-0.36	-0.23	-0.32	-0.32
Financing Cash Flow	-0.59	-0.18	-0.36	-0.23	-0.32	-0.32
Net Cash Flow	3.29	2.29	-5.82	-8.93	-32.16	36.52
Free Cash Flow	17.19	-11.27	-23.58	-15.38	7.69	0.08
Free Cash Flow Growth	-	-	-	-	9629.11%	-
Free Cash Flow Margin	14.55%	-11.04%	-25.29%	-20.59%	18.82%	0.21%
Free Cash Flow Per Share	0.09	-0.06	-0.12	-0.08	0.04	-
Levered Free Cash Flow	-	-18.08	-10.4	-48.03	-0.48	2.37
Unlevered Free Cash Flow	-	-18.08	-10.4	-48.03	-0.48	2.37
Change in Working Capital	20.66	-14.03	-14.12	-20.94	11.92	0.59

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