Aegon Cash Flow Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	-	1,320	-279	1,044	4,801	-728
Depreciation & Amortization	-66	-31	-163	169	1,167	722
Other Adjustments	-6,597	-10,817	-6,081	33,082	-50,972	-43,497
Changes in Reinsurance Contract Assets	1,717	1,869	923	1,491	-	-
Changes in Accrued Expenses	12,399	11,445	11,509	-17,640	8,618	16,659
Changes in Claims Reserves	-2,334	-1,669	-4,058	-28,102	11,720	17,980
Changes in Income Taxes Payable	3	-80	-321	-38	21	-7
Changes in Other Operating Activities	-8,181	-423	512	15,365	21,031	1,594
Operating Cash Flow	-61	762	864	2,672	-1,796	-2,854
Operating Cash Flow Growth	-	-11.81%	-67.66%	-	-	-
Capital Expenditures	-55	-51	-65	-72	-76	-80
Sale of Property, Plant & Equipment	21	20	46	9	2	7
Purchases of Intangible Assets	-15	-15	-51	-26	-36	-40
Proceeds from Sale of Intangible Assets	-	-	3	-	-	3
Payments for Business Acquisitions	-19	-49	-287	-102	-97	-320
Proceeds from Business Divestments	82	56	-1,952	789	59	154
Other Investing Activities	414	340	309	136	95	1,719
Investing Cash Flow	447	300	-1,996	733	-54	-139
Long-Term Debt Issued	-	700	2,670	3,569	3,914	3,444
Long-Term Debt Repaid	-10	-909	-4,230	-4,515	-3,212	-3,985
Net Long-Term Debt Issued (Repaid)	-10	-209	-1,560	-946	702	-541
Repurchase of Common Stock	-355	-925	-1,072	-597	-231	-59
Net Common Stock Issued (Repurchased)	-355	-925	-1,072	-597	-231	-59
Common Dividends Paid	-	-521	-494	-167	-121	-63
Other Financing Activities	-102	-100	-115	-123	-50	-115
Financing Cash Flow	-987	-1,755	-3,241	-1,834	300	-778
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-96	88	-38	55	67	-121
Net Cash Flow	-602	-694	-4,373	1,570	-1,550	-3,770
Free Cash Flow	-116	711	799	2,600	-1,872	-2,934
Free Cash Flow Growth	-	-11.01%	-69.27%	-	-	-
FCF Margin	-0.36%	1.94%	2.18%	-12.15%	-5.68%	-11.03%
Free Cash Flow Per Share	-0.07	0.44	0.43	1.29	-0.92	-1.44
Levered Free Cash Flow	7,131	13,208	10,656	-2,241	33,443	18,201
Unlevered Free Cash Flow	21,658	37,121	23,289	-33,015	19,124	9,205

Updated Jun 30, 2025. Data Source: Fiscal.ai. Insurance template. Financial Sources.