Global Insurance Cash Flow Statement

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

Millions BDT. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	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	48.7	37.28	-7.54	160.39	121.79	95.28
Depreciation & Amortization	7.91	9.14	10.57	11.38	10.52	9.85
Other Amortization	0.35	0.21	0.24	0.25	-	-
Gain (Loss) on Sale of Assets	-3.3	-2.84	0.02	-	-	-
Gain (Loss) on Sale of Investments	5.91	6.58	-0.51	0.38	-0.54	-1.02
Change in Accounts Receivable	-	-	-	-	-	-0.93
Change in Unearned Revenue	31.06	5.26	23.61	36.2	104.02	12.87
Change in Insurance Reserves / Liabilities	-41.43	-14.17	-70.52	124.46	67.05	55.51
Change in Other Net Operating Assets	-89.19	-67.13	17.76	-76.97	33.64	65.87
Other Operating Activities	51.42	36.31	54.1	-90.4	-60.94	-39.08
Operating Cash Flow	11.42	10.65	27.74	165.7	275.54	198.35
Operating Cash Flow Growth	18.91%	-61.61%	-83.26%	-39.87%	38.92%	41.61%
Capital Expenditures	-1.51	-0.91	-2.74	-13.1	-13.49	-10.7
Sale of Property, Plant & Equipment	0.52	3.19	0.03	-	-	-
Investment in Securities	-	-23	-5.43	-23.68	-33.1	13.91
Other Investing Activities	-	-	-	0	-	-
Investing Cash Flow	-0.99	-20.73	-8.14	-36.78	-46.59	3.21
Long-Term Debt Issued	-	26.34	42.93	-	-	-
Total Debt Issued	-2.87	26.34	42.93	-	-	-
Total Debt Repaid	-	-	-	-1.64	-35.3	-55.1
Net Debt Issued (Repaid)	-2.87	26.34	42.93	-1.64	-35.3	-55.1
Common Dividends Paid	-79.41	-44.15	-46.78	-46.99	-56.16	-
Other Financing Activities	-5.38	-4.39	-1.18	-0.3	-1.7	-5.53
Financing Cash Flow	-87.66	-22.2	-5.03	-48.92	-93.16	-60.63
Miscellaneous Cash Flow Adjustments	-	-	-0	-	-	-
Net Cash Flow	-77.22	-32.28	14.57	79.99	135.8	140.92
Free Cash Flow	9.92	9.74	25	152.6	262.06	187.64
Free Cash Flow Growth	25.09%	-61.06%	-83.61%	-41.77%	39.66%	54.19%
Free Cash Flow Margin	1.31%	1.29%	3.09%	15.87%	36.66%	32.84%
Free Cash Flow Per Share	0.24	0.24	0.62	3.76	6.46	4.63
Cash Interest Paid	5.38	4.39	1.18	0.3	1.7	5.53
Cash Income Tax Paid	48.7	24.53	34.02	22.86	31.37	39.46
Levered Free Cash Flow	18.18	5.23	49.6	114.54	227.25	191.91
Unlevered Free Cash Flow	21.54	7.98	50.35	114.73	228.31	195.36
Change in Working Capital	-99.56	-76.04	-29.15	83.7	204.71	133.32

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.