Arab Insurance Group (B.S.C.) (BAX: ARIG)

ARIG Cash Flow Statement

Financials in millions USD. 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	25.19	13.98	29.18	24.07	13.56	17.53
Depreciation & Amortization	0.35	0.51	0.49	0.58	0.62	0.7
Change in Accounts Receivable	-1.15	2.7	-3.92	12.79	35.08	30.92
Change in Other Net Operating Assets	-32.8	-31.97	-49.53	-118.45	-86.26	-55.93
Other Operating Activities	-0.23	-0.17	-0.21	-0.23	-1.51	0.2
Operating Cash Flow	-8.64	-14.95	-23.99	-81.25	-38.51	-6.58
Capital Expenditures	-0.01	-	-0.03	-0.01	-0.03	-0
Sale of Property, Plant & Equipment	3.82	3.82	-	-	-	-
Purchase / Sale of Intangible Assets	-0.02	-	-0.02	-	-	-0.08
Investment in Securities	8.46	-21.22	36.54	42.13	41.21	-49.2
Other Investing Activities	21	13.55	14.18	20.76	3.23	24.71
Investing Cash Flow	40.14	3.04	50.67	62.89	44.72	-24.57
Total Debt Repaid	-	-	-	-	-7	-
Net Debt Issued (Repaid)	-	-	-	-	-7	-
Common Dividends Paid	-39.62	-9.91	-4.95	-	-2.42	-0.05
Other Financing Activities	-5.52	-	0.05	-4.6	-0.19	-11.78
Financing Cash Flow	-45.14	-9.91	-4.9	-4.6	-9.61	-11.83
Foreign Exchange Rate Adjustments	0	0	0	-0.01	-0.07	-0.03
Net Cash Flow	-13.64	-21.81	21.78	-22.97	-3.46	-43.01
Free Cash Flow	-8.64	-14.95	-24.02	-81.26	-38.54	-6.58
Free Cash Flow Margin	-48.03%	-86.57%	-172.06%	-347.12%	-52.51%	-3.29%
Free Cash Flow Per Share	-0.04	-0.08	-0.12	-0.41	-0.19	-0.03
Cash Interest Paid	-	-	-	-	0.19	0.28
Levered Free Cash Flow	-	-6.48	-108.97	22.06	5.14	29.05
Unlevered Free Cash Flow	-	-2.78	-107.85	22.06	5.21	29.2
Change in Net Working Capital	-	13.52	124.49	-6.75	-0.32	-17.18

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