Abu Dhabi National Takaful Company PSC (ADX: TKFL)

ADX: TKFL 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	100.97	103.04	66.72	88.02	78.4	72.66
Depreciation & Amortization	2.05	2.11	1.9	1.56	2.07	3.59
Gain (Loss) on Sale of Assets	-0.14	-0.08	-0	0	-0	-0.03
Gain (Loss) on Sale of Investments	-	-	-	-	-0.26	-2.5
Change in Accounts Receivable	-0.5	-1.21	-	-	-	-
Reinsurance Recoverable	-279.55	-50.87	15.4	-5.84	0.53	-1.17
Change in Unearned Revenue	-	-	-	0.86	0.91	1.37
Change in Insurance Reserves / Liabilities	330.13	129.72	-52.04	-8.21	2.69	0.25
Change in Other Net Operating Assets	-3.08	58.13	-6.46	-13.21	-3.33	-5.72
Other Operating Activities	-65.72	-56.49	-74.1	-89.95	-302.15	36.16
Operating Cash Flow	72.78	157.66	-14.05	-39.26	9.84	116.09
Operating Cash Flow Growth	-54.97%	-	-	-	-91.53%	80.79%
Capital Expenditures	-0.69	-0.69	-1.76	-8.16	-0.35	-0.81
Sale of Property, Plant & Equipment	0	0.08	0	-	0	0.03
Investment in Securities	15.48	-177.15	17.83	3.91	-185.72	72.81
Other Investing Activities	54.35	43.89	31.87	51.54	29.47	28.61
Investing Cash Flow	80.44	-158.92	47.95	47.29	-156.61	100.63
Common Dividends Paid	-31.5	-27	-25	-20	-25	-20
Financing Cash Flow	-32.59	-27	-25	-20	-25	-20
Net Cash Flow	120.63	-28.27	8.9	-11.96	-171.77	196.72
Free Cash Flow	72.09	156.96	-15.81	-47.42	9.48	115.28
Free Cash Flow Growth	-55.02%	-	-	-	-91.77%	84.41%
Free Cash Flow Margin	7.41%	16.90%	-2.40%	-24.49%	4.61%	45.40%
Free Cash Flow Per Share	0.69	1.49	-0.15	-0.45	0.09	1.10
Levered Free Cash Flow	78.02	156.41	618.97	-118.31	-98.09	201.17
Unlevered Free Cash Flow	78.02	156.41	618.97	-118.31	-98.09	201.17
Change in Net Working Capital	-17.03	-97.24	-577.78	165.22	163.68	-161.12

Source: S&P Capital IQ. Insurance template. Financial Sources.