Dunav Re a.d.o Cash Flow Statement

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

Millions RSD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	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	777.09	727.83	494.45	351.68	387.07
Depreciation & Amortization	32.9	31.89	15.89	16.77	5.83
Other Amortization	-	-	-	2.56	5.12
Other Operating Activities	57.75	-451.97	-8.26	105.56	334.29
Operating Cash Flow	867.74	307.75	502.08	476.58	732.31
Operating Cash Flow Growth	181.96%	-38.70%	5.35%	-34.92%	172.99%
Capital Expenditures	-0.78	-0.75	-31.84	-1.47	-1.76
Sale of Property, Plant & Equipment	-	-	0.05	2.73	-
Investment in Securities	-533.86	-203.89	-587.97	-474.54	-348.18
Other Investing Activities	174.1	164.42	75.83	53.24	46.48
Investing Cash Flow	-360.54	-40.23	-543.93	-420.04	-303.46
Long-Term Debt Issued	0.27	0.27	0.16	0.13	0.13
Net Debt Issued (Repaid)	0.27	0.27	0.16	0.13	0.13
Issuance of Common Stock	-	-	-	235.16	-
Common Dividends Paid	-364.92	-246.17	-175.82	-121.87	-107.86
Financing Cash Flow	-364.65	-245.9	-175.66	113.41	-107.74
Foreign Exchange Rate Adjustments	6.32	-0.28	12.98	4.49	-4.25
Net Cash Flow	148.87	21.35	-204.54	174.45	316.86
Free Cash Flow	866.96	307	470.24	475.11	730.55
Free Cash Flow Growth	182.40%	-34.72%	-1.03%	-34.97%	185.79%
Free Cash Flow Margin	14.74%	6.44%	12.75%	19.95%	40.49%
Free Cash Flow Per Share	928.75	328.88	503.75	493.13	9009.85
Cash Interest Paid	0.01	-	-	0	0.35
Cash Income Tax Paid	138.71	146.29	80.04	30.99	34.11
Levered Free Cash Flow	297.76	1,501	-1,751	105.23	117.56
Unlevered Free Cash Flow	391.72	1,622	-1,638	106.5	155.16