Bangladesh General Insurance Company PLC. (DSE: BGIC)

BGIC Cash Flow Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net Income	78.06	80.52	92.69	115.82	37.69	312.32
Depreciation & Amortization	43.45	43.45	45.93	39.35	24.4	9.95
Gain (Loss) on Sale of Assets	-	-	-	-	-1.2	-
Gain (Loss) on Sale of Investments	-	-	-	-	-17.2	-
Reinsurance Recoverable	-	-	-	-	66.99	-
Change in Insurance Reserves / Liabilities	-	-	-	-	-12.19	-
Change in Other Net Operating Assets	-	-	-	-	37.37	-
Other Operating Activities	-93.51	-104.18	-38.73	-32.03	-30.94	-271.53
Operating Cash Flow	28	19.79	99.89	123.15	104.92	50.74
Operating Cash Flow Growth	-72.13%	-80.19%	-18.89%	17.37%	106.79%	-28.35%
Capital Expenditures	-6.87	-6.87	-16.29	-34.89	-12.12	-7.26
Sale of Property, Plant & Equipment	2.52	2.52	1.63	6.23	5.19	0.57
Investment in Securities	32.25	31.27	23.08	-13.03	-14.09	-12.16
Investing Cash Flow	27.89	26.91	8.43	-41.69	-21.02	-18.86
Long-Term Debt Issued	-	51.79	32.8	65.28	-	-
Total Debt Issued	66.84	51.79	32.8	65.28	-	-
Total Debt Repaid	-	-	-	-	-86.15	-11.36
Net Debt Issued (Repaid)	66.84	51.79	32.8	65.28	-86.15	-11.36
Common Dividends Paid	-64.83	-64.83	-67.53	-64.83	-59.43	-54.03
Financing Cash Flow	2.01	-13.04	-34.74	0.44	-145.58	-65.38
Net Cash Flow	57.9	33.66	73.58	81.91	-61.68	-33.5
Free Cash Flow	21.13	12.91	83.6	88.26	92.81	43.48
Free Cash Flow Growth	-74.91%	-84.55%	-5.28%	-4.90%	113.46%	-35.71%
Free Cash Flow Margin	3.27%	1.98%	13.11%	14.32%	18.29%	7.14%
Free Cash Flow Per Share	0.39	0.24	1.55	1.63	1.72	0.80
Cash Income Tax Paid	15.5	21.28	9.66	33.01	19.01	26.18
Levered Free Cash Flow	477.96	52.21	105.48	154.02	144.52	159.93
Unlevered Free Cash Flow	491.54	65.8	113.08	161.52	151.47	165.93
Change in Net Working Capital	-371.97	54.33	2.43	-57.36	-88.94	59.49

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