Assicurazioni Generali 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	4,268	4,167	4,122	2,470	4,580	3,390
Other Adjustments	6,606	6,418	5,974	7,098	-7,005	-402
Changes in Receivables	-220	-81	103	31	81	818
Changes in Reinsurance Contract Assets	230	54	-1,070	800	-	-
Changes in Deferred Acquisition Costs	-	-	-	-	3	43
Changes in Accounts Payable	1,537	1,673	-1,640	-677	2,753	1,113
Changes in Unearned Premiums	7,254	3,993	-5,058	4,450	230	2
Changes in Claims Reserves	-	-	-	-	23,130	13,894
Changes in Income Taxes Payable	-598	-1,003	-806	-1,698	-1,176	-1,366
Changes in Other Operating Activities	-17,605	-13,865	2,040	-9,975	-5,115	1,850
Operating Cash Flow	18,838	15,383	1,732	10,341	17,480	19,343
Operating Cash Flow Growth	107.47%	788.16%	-83.25%	-40.84%	-9.63%	-4.90%
Purchases of Investments	-	-	-	-	-10,886	-9,221
Proceeds from Sale of Investments	-	-	-	-	1,941	1,642
Other Investing Activities	6	213	350	-1,173	-7,349	-8,401
Investing Cash Flow	-17,365	-13,817	2,283	-9,016	-16,295	-15,981
Long-Term Debt Issued	1,878	1,364	572	-356	374	-74
Net Long-Term Debt Issued (Repaid)	1,878	1,364	572	-356	374	-74
Repurchase of Common Stock	-921	-764	-191	-500	0	-73
Net Common Stock Issued (Repurchased)	-921	-764	-191	-500	0	-73
Common Dividends Paid	-2,172	-1,986	-1,793	-1,909	-2,310	-783
Other Financing Activities	741	1,044	-2,393	341	1,259	-1,334
Financing Cash Flow	-473	-342	-3,804	-2,423	-677	-2,265
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-51	21	-28	-	49	-59
Net Cash Flow	1,000	1,224	210	-1,098	556	1,039
Free Cash Flow	18,838	15,383	1,732	10,341	17,480	19,343
Free Cash Flow Growth	22.46%	788.16%	-83.25%	-40.84%	-9.63%	-4.90%
FCF Margin	30.39%	25.27%	3.12%	-609.01%	17.64%	22.69%
Free Cash Flow Per Share	12.35	9.99	1.12	6.52	11.00	12.13
Levered Free Cash Flow	-3,480	-4,060	-2,215	-5,221	-84	3,312
Unlevered Free Cash Flow	-4,212	-4,182	-1,977	-37,220	102,244	82,824

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