Nitol Insurance Company Limited (DSE: NITOLINS)

Nitol Insurance Company 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	50.82	59.4	85.67	117.72	114.34	129.54
Depreciation & Amortization	17.47	20.25	18.26	18.2	19.39	20.44
Gain (Loss) on Sale of Investments	-0.14	-0.03	0.34	-0.12	-0.25	0.51
Change in Insurance Reserves / Liabilities	18.63	6.91	-29.2	9.05	-13.79	-1.1
Change in Other Net Operating Assets	-134.05	-108.54	-106.86	-171.19	-113.78	-76.77
Other Operating Activities	28.35	28.39	26.06	42.13	43.44	53.79
Operating Cash Flow	-20.19	6.32	-4.65	14.79	48.66	126.02
Operating Cash Flow Growth	-	-	-	-69.60%	-61.39%	-3.23%
Capital Expenditures	-250.97	-298.75	-19.29	-3.04	-7.79	-0.98
Investment in Securities	183.5	283.5	88	-18.56	54.2	-130.5
Other Investing Activities	70.57	35.51	-10.46	49.03	-30.83	73.92
Investing Cash Flow	3.1	20.25	58.24	27.43	15.58	-57.56
Common Dividends Paid	-44.83	-44.83	-48.8	-44.47	-53.78	-60.31
Financing Cash Flow	-44.83	-44.83	-48.8	-44.47	-53.78	-60.31
Miscellaneous Cash Flow Adjustments	-0	-0	-	-0	-	-
Net Cash Flow	-61.92	-18.26	4.79	-2.25	10.45	8.14
Free Cash Flow	-271.16	-292.44	-23.95	11.75	40.87	125.03
Free Cash Flow Growth	-	-	-	-71.24%	-67.31%	2.91%
Free Cash Flow Margin	-55.74%	-59.06%	-5.09%	2.47%	6.82%	18.90%
Free Cash Flow Per Share	-6.76	-7.27	-0.60	0.29	1.02	3.11
Cash Income Tax Paid	-	25.09	40.99	31.16	54.17	46.89
Levered Free Cash Flow	-27.68	6.97	40.64	184.4	357.33	-237.25
Unlevered Free Cash Flow	-27.68	6.97	40.64	184.4	357.33	-237.25
Change in Net Working Capital	-156.33	-230.6	28.15	-69.39	-247.12	371.29

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