Dubai National Insurance & Reinsurance Co. (P.S.C.) (DFM:DNIR)

DFM:DNIR Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	65.73	53.54	47.12	43.73	58.84	55.07
Depreciation & Amortization	1.36	1.21	0.67	0.24	0.29	2.17
Gain (Loss) on Sale of Assets	-	-	-0.05	-	-0.16	-
Change in Accounts Receivable	-	-	-	-	4.29	26.62
Reinsurance Recoverable	348.15	-570.91	13.06	-7.2	24.11	32.34
Change in Insurance Reserves / Liabilities	-335.76	592.71	-23.2	15.58	-25.3	-88.73
Change in Other Net Operating Assets	-10.02	-12.69	-20.34	42.83	2.36	-7.22
Other Operating Activities	-38.69	-43.42	-31.74	-28.33	-31.06	-28.43
Operating Cash Flow	13.97	3.66	-19.92	58.27	32.77	-8.17
Operating Cash Flow Growth	-21.18%	-	-	77.81%	-	-
Capital Expenditures	-5.49	-2.07	-3.29	-2.16	-0.26	-0.34
Sale of Property, Plant & Equipment	-	-	0.06	-	0.24	-
Investment in Securities	35.51	120.58	-3.18	-35.12	-31.24	-1.23
Other Investing Activities	42.41	45.04	32.57	26.35	28.06	29.04
Investing Cash Flow	72.23	163.35	25.25	-13.45	-3.2	27.46
Common Dividends Paid	-17.33	-11.55	-11.55	-34.65	-34.65	-40.43
Financing Cash Flow	-17.33	-11.55	-11.55	-34.65	-34.65	-40.43
Net Cash Flow	68.88	155.46	-6.22	10.17	-5.08	-21.14
Free Cash Flow	8.48	1.59	-23.21	56.11	32.51	-8.52
Free Cash Flow Growth	-45.56%	-	-	72.57%	-	-
Free Cash Flow Margin	2.49%	0.50%	-9.26%	31.23%	21.25%	-5.13%
Free Cash Flow Per Share	0.07	0.01	-0.20	0.49	0.28	-0.07
Levered Free Cash Flow	56.57	32.95	-2.08	64.93	474.21	80.38
Unlevered Free Cash Flow	56.57	32.95	-2.08	64.93	474.21	80.38
Change in Working Capital	2.36	9.11	-30.48	51.22	5.45	-36.99

Updated Mar 21, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.