Jubilee Holdings Cash Flow Statement

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

Millions KES. 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	4,793	2,459	5,402	6,514	3,628
Depreciation & Amortization	250.34	177.59	190.33	207.24	234.53
Other Amortization	58.23	38.06	-	28.55	56.22
Gain (Loss) on Sale of Assets	48.91	29.63	-2,157	-	-
Gain (Loss) on Sale of Investments	-3,758	3,996	54.19	-3,257	1,992
Change in Accounts Receivable	-	-	-	1,910	-802.02
Reinsurance Recoverable	344.74	-931.04	-522.05	3,058	-725.8
Change in Unearned Revenue	-	-	-	-2,100	156.43
Change in Insurance Reserves / Liabilities	22,979	15,410	16,481	-965.79	3,534
Change in Other Net Operating Assets	-234.54	2,102	372.25	5,208	6,369
Other Operating Activities	-15,430	-15,733	-17,039	-12,239	-10,717
Operating Cash Flow	7,320	4,522	-62.54	-3,625	1,490
Operating Cash Flow Growth	61.88%	-	-	-	-
Capital Expenditures	-474.94	-742.36	-322.65	-1,002	-85.53
Sale of Property, Plant & Equipment	-	-	1.66	-	0.47
Purchase / Sale of Intangible Assets	-114.91	-84.93	-	-	-
Investment in Securities	-20,406	-13,568	-54.91	-12,316	-17,346
Other Investing Activities	16,388	14,548	-	9,147	11,662
Investing Cash Flow	-4,634	149.36	1,206	394.13	-5,981
Long-Term Debt Issued	-	-	-	-	2,181
Total Debt Repaid	-144.33	-1,412	-731.79	-431.46	-
Net Debt Issued (Repaid)	-144.33	-1,412	-731.79	-431.46	2,181
Common Dividends Paid	-1,036	-942.15	-604.22	-612.59	-674.37
Other Financing Activities	-61.85	-129.38	-	-	-
Financing Cash Flow	-1,243	-2,483	-1,698	-1,044	1,507
Foreign Exchange Rate Adjustments	-757.47	-879.23	-200.69	70.26	87.35
Net Cash Flow	685.92	1,309	-755.23	-4,205	-2,897
Free Cash Flow	6,845	3,780	-385.19	-4,628	1,405
Free Cash Flow Growth	81.10%	-	-	-	-
Free Cash Flow Margin	22.40%	17.47%	-1.84%	-12.78%	4.25%
Free Cash Flow Per Share	94.47	52.16	-5.32	-63.85	19.38
Cash Interest Paid	61.85	129.38	-	-	-
Cash Income Tax Paid	430.12	436.77	784.36	1,543	871.09
Levered Free Cash Flow	-3,155	-17,041	-56,142	-11,733	-2,845
Unlevered Free Cash Flow	-2,997	-16,842	-55,978	-11,665	-2,778
Change in Working Capital	23,064	16,704	15,649	6,754	7,642

Updated Dec 31, 2024. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.