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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	2.38	1.67	4.65	-5.7	7.43	1.18
Depreciation & Amortization	1.19	1.03	0.86	0.89	0.46	0.34
Other Amortization	0.97	0.97	0.51	0.28	0.04	0.06
Gain (Loss) on Sale of Assets	-	-	-	-	-	0
Gain (Loss) on Sale of Investments	-5.08	-1.59	-1.69	-0.77	1.95	-1.27
Change in Accounts Receivable	-41.14	-41.14	-6.79	-7.68	-0.46	2.23
Reinsurance Recoverable	-11.1	-26.49	-2.86	-18.08	-11.23	-2
Change in Unearned Revenue	-	-	-	-	-	0.07
Change in Insurance Reserves / Liabilities	-4.63	29.95	1.61	1.3	-10.47	7.07
Change in Other Net Operating Assets	44.64	43.4	-5.99	10.38	1.35	4.31
Other Operating Activities	-3.57	-3.72	-5.03	-3.33	-3.51	-3.73
Operating Cash Flow	-16.33	4.08	-10.48	-22.75	-14.57	7.77
Operating Cash Flow Growth	-	-	-	-	-	7992.71%
Capital Expenditures	-0.38	-1.03	-0.79	-0.83	-0.81	-0.08
Purchase / Sale of Intangible Assets	-1.42	-1.7	-2.99	-6.17	-4.34	-1.47
Investment in Securities	41.41	19.9	11.53	20.13	7	-41.78
Other Investing Activities	5.89	5.34	5.21	4.15	4.02	3.73
Investing Cash Flow	45.49	22.51	12.96	17.28	5.87	-39.61
Total Debt Repaid	0.12	-0.61	-0.18	-0.36	-0.23	-0.32
Net Debt Issued (Repaid)	0.12	-0.61	-0.18	-0.36	-0.23	-0.32
Financing Cash Flow	0.12	-0.61	-0.18	-0.36	-0.23	-0.32
Net Cash Flow	29.28	25.98	2.29	-5.82	-8.93	-32.16
Free Cash Flow	-16.71	3.05	-11.27	-23.58	-15.38	7.69
Free Cash Flow Growth	-	-	-	-	-	9629.11%
Free Cash Flow Margin	-10.77%	2.23%	-11.04%	-25.29%	-20.59%	18.82%
Free Cash Flow Per Share	-0.08	0.01	-0.06	-0.12	-0.08	0.04
Levered Free Cash Flow	32.09	-21.87	-18.08	-10.4	-48.03	-0.48
Unlevered Free Cash Flow	32.09	-21.87	-18.08	-10.4	-48.03	-0.48
Change in Working Capital	-12.23	5.72	-14.03	-14.12	-20.94	11.92

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