BVL:PACIFIC1 Cash Flow Statement

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

Millions PEN. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	626.37	812.33	695.31	526.21	-130.36
Depreciation & Amortization	53.74	17.6	14.52	14.79	15.99
Other Amortization	83.04	62.17	51.41	42.14	47.13
Gain (Loss) on Sale of Investments	-167.65	-194.28	-134.88	74.32	-174.52
Change in Accounts Receivable	183.67	-52.31	-41.61	42.01	13
Reinsurance Recoverable	132.49	-82.12	-193.32	66.05	-284.77
Change in Unearned Revenue	-	-	-	-	-24.47
Change in Income Taxes	-	-29.58	71.52	64.71	6.63
Change in Insurance Reserves / Liabilities	-240.33	191.63	143.31	-147.86	939.94
Change in Other Net Operating Assets	-29.39	-51.88	-29.21	-38.66	-11.44
Other Operating Activities	1,427	993.55	551.34	787.62	325.86
Operating Cash Flow	2,105	1,525	1,120	1,295	760.01
Operating Cash Flow Growth	38.04%	36.22%	-13.51%	70.33%	-35.34%
Capital Expenditures	-276.04	-30.56	-34.56	-165.44	-75.49
Sale of Property, Plant & Equipment	2.31	-	-	-	-
Purchase / Sale of Intangible Assets	-123.95	-71.92	-70.06	-	-
Investment in Securities	-785.38	-1,127	-1,224	-1,240	-644.05
Other Investing Activities	146.42	144.41	89.14	66.23	77.67
Investing Cash Flow	-1,037	-1,085	-1,240	-1,339	-641.87
Long-Term Debt Issued	162.95	0.03	-	-	100.26
Total Debt Issued	162.95	0.03	-	-	100.26
Total Debt Repaid	-41.73	-	-	-100.26	-
Net Debt Issued (Repaid)	121.21	0.03	-	-100.26	100.26
Common Dividends Paid	-845.89	-487.94	-138.83	-27.27	-210.03
Other Financing Activities	-31.95	-34.29	-32.08	-29.89	-27.55
Financing Cash Flow	-756.62	-522.2	-170.91	-157.42	-137.32
Foreign Exchange Rate Adjustments	-12.47	6.13	-4.54	-23.52	28.96
Net Cash Flow	299.6	-75.64	-295.42	-225.2	9.78
Free Cash Flow	1,829	1,495	1,085	1,129	684.52
Free Cash Flow Growth	22.39%	37.74%	-3.90%	64.95%	-37.89%
Free Cash Flow Margin	26.72%	30.10%	23.75%	28.78%	18.42%
Free Cash Flow Per Share	12.48	10.20	7.41	7.71	4.67
Cash Interest Paid	-	26.28	25.07	24.61	25.78
Levered Free Cash Flow	27.53	732.71	220.08	610.57	197.66
Unlevered Free Cash Flow	27.53	749.27	235.73	625.95	213.87
Change in Working Capital	-22.02	-65.48	8.24	-69.61	747.4

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.