People's Insurance Cash Flow Statement

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

Millions LKR. 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	355.25	429.42	521.58	635.96	979.67
Depreciation & Amortization	133.62	110.85	101.86	105.02	101.11
Other Amortization	4.93	5.05	3.53	2.77	2.77
Gain (Loss) on Sale of Assets	5.56	-15.37	0.01	-	-
Gain (Loss) on Sale of Investments	-13.45	-14.52	-	-	-55.01
Change in Accounts Receivable	-311.98	-131.94	-277.76	3.23	112.54
Reinsurance Recoverable	-1,331	87.63	18.63	-136.6	-209.86
Change in Insurance Reserves / Liabilities	2,267	593.2	-572.88	0.19	208.08
Change in Other Net Operating Assets	366.5	-493.8	1,246	75.59	171.63
Other Operating Activities	-44.03	78.61	16.89	-338.37	-248.04
Operating Cash Flow	1,437	624.1	1,037	267.35	1,097
Operating Cash Flow Growth	130.18%	-39.81%	287.84%	-75.63%	-31.31%
Capital Expenditures	-74.46	-94.2	-26.72	-6.3	-30.71
Sale of Property, Plant & Equipment	22.29	15.01	0.01	-	-
Purchase / Sale of Intangible Assets	-8.14	-9.09	-9.85	-	-
Investment in Securities	-1,479	-474.96	-705.85	289.77	-346.48
Other Investing Activities	-	-	-	-	0
Investing Cash Flow	-1,539	-563.24	-742.42	283.47	-377.18
Long-Term Debt Issued	26.2	-	-	-	-
Total Debt Repaid	-113.84	-70.65	-58.84	-72.41	-77.75
Net Debt Issued (Repaid)	-87.64	-70.65	-58.84	-72.41	-77.75
Common Dividends Paid	-	-	-	-500	-600
Other Financing Activities	-	-15	-	-	-
Financing Cash Flow	-87.64	-85.65	-58.84	-572.41	-677.75
Net Cash Flow	-190.11	-24.79	235.62	-21.59	42.21
Free Cash Flow	1,362	529.9	1,010	261.05	1,066
Free Cash Flow Growth	157.04%	-47.54%	286.96%	-75.52%	-32.10%
Free Cash Flow Margin	23.20%	8.79%	17.67%	4.08%	18.06%
Free Cash Flow Per Share	6.69	2.60	4.96	1.28	5.24
Cash Interest Paid	52.87	61.63	73.35	38.88	11.56
Cash Income Tax Paid	176.83	209.63	252.21	268.83	447.61
Levered Free Cash Flow	-214.59	854.88	17.87	1,806	748.16
Unlevered Free Cash Flow	-181.54	893.39	63.72	1,830	755.38
Change in Working Capital	990.18	55.1	414.08	-57.59	282.38

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