Dubai Islamic Insurance & Reinsurance Co. (Aman) (P.J.S.C) (DFM: AMAN)

DFM: AMAN Cash Flow Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net Income	-54.49	1.11	-10.16	12.29	19.12	8.77
Depreciation & Amortization	0.05	0.08	0.12	0.14	0.17	0.1
Gain (Loss) on Sale of Investments	21.22	12.05	-4.9	6.6	-7.48	0.2
Change in Accounts Receivable	-8.98	-	-	8.97	-4.75	22.35
Reinsurance Recoverable	15.24	-	-	2.87	14.9	154.45
Change in Accounts Payable	49.93	19.75	24.57	-12.08	1.81	-3.76
Change in Insurance Reserves / Liabilities	58.31	-	-	36.94	59.12	-60.98
Change in Other Net Operating Assets	-15.05	17.51	-19.92	0.19	3.15	1.51
Other Operating Activities	-1.28	-3.58	-2.95	-11.14	-3.77	-4.53
Operating Cash Flow	76.39	48.61	-8.33	38.2	87.45	122.24
Operating Cash Flow Growth	-	-	-	-56.32%	-28.46%	320.45%
Capital Expenditures	-	-	-0.03	-0.09	-0.15	-
Investment in Securities	72.24	-33.1	92.84	4.28	-115.95	-103.81
Other Investing Activities	-90.1	-91.15	-24.17	11.43	2.85	3.4
Investing Cash Flow	-17.86	-124.25	68.64	15.62	-113.26	-100.42
Short-Term Debt Issued	-	-	-	-	0.01	0.13
Total Debt Issued	-	-	-	-	0.01	0.13
Total Debt Repaid	-	-	-15.23	-19.99	-0.11	-0.06
Net Debt Issued (Repaid)	-	-	-15.23	-19.99	-0.1	0.07
Other Financing Activities	-0.45	-0.45	-0.3	-0.33	-0.91	0.12
Financing Cash Flow	-0.45	-0.45	-15.52	-20.33	-1.01	0.19
Net Cash Flow	58.09	-76.09	44.79	33.5	-26.82	22.01
Free Cash Flow	76.39	48.61	-8.36	38.11	87.3	122.24
Free Cash Flow Growth	-	-	-	-56.34%	-28.58%	323.39%
Free Cash Flow Margin	-	-	-127.13%	28.28%	62.51%	109.18%
Free Cash Flow Per Share	0.34	0.22	-0.04	0.17	0.39	0.54
Levered Free Cash Flow	85.23	12.83	733.69	-26.66	-122.57	-83.87
Unlevered Free Cash Flow	85.23	12.83	733.69	-26.66	-122.57	-83.87
Change in Net Working Capital	-123.26	-16.07	-736.42	33.05	136.69	89.41

Source: S&P Capital IQ. Insurance template. Financial Sources.