Al Manara Islamic Insurance Company (ASE:MIIC)

ASE:MIIC Cash Flow Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	-2.49	-0.36	-0.09	-0.8
Depreciation & Amortization	0.16	0.12	0.1	0.09
Gain (Loss) on Sale of Investments	-	0.1	-	-
Change in Accounts Receivable	-	-	-	-0.29
Reinsurance Recoverable	-0.4	1.48	-0.11	-0.03
Change in Accounts Payable	-0.16	0.18	0.07	0.35
Change in Insurance Reserves / Liabilities	2.28	-2.93	-1.86	-
Change in Other Net Operating Assets	0.05	-0.12	0.03	-0.11
Other Operating Activities	-0.26	-	0.04	2.39
Operating Cash Flow	-0.81	-1.53	-1.66	2.29
Operating Cash Flow Growth	-	-	-	-2.73%
Capital Expenditures	-0.1	-0.04	-0.17	-1.7
Investment in Securities	1.59	2.08	1.79	-0.5
Other Investing Activities	-0	0	0	-
Investing Cash Flow	1.46	1.64	1.39	-2.2
Long-Term Debt Issued	-	-	-	1.44
Total Debt Repaid	-0.36	-0	-0.27	-
Net Debt Issued (Repaid)	-0.36	-0	-0.27	1.44
Issuance of Common Stock	-	-	-	0.05
Financing Cash Flow	-0.36	-0	-0.27	1.48
Net Cash Flow	0.29	0.1	-0.54	1.58
Free Cash Flow	-0.91	-1.57	-1.83	0.6
Free Cash Flow Growth	-	-	-	-72.45%
Free Cash Flow Margin	-27.49%	-16.38%	-8.24%	3.98%
Free Cash Flow Per Share	-0.16	-0.28	-0.33	0.11
Cash Income Tax Paid	0	-0	-0	-
Levered Free Cash Flow	-3.06	3.71	-13.66	0.65
Unlevered Free Cash Flow	-3.06	3.71	-13.66	0.65
Change in Working Capital	1.77	-1.4	-1.86	0.46

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.