Northern Islami Insurance Limited (DSE: NORTHRNINS)

Northern Islami Insurance 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	101.74	77.92	76.75	75.07	74.3	73.53
Depreciation & Amortization	18.78	18.97	16.38	14.37	15.47	15.78
Other Amortization	0.09	0.09	0.03	0.04	0.06	0.04
Gain (Loss) on Sale of Assets	-	-	0.19	-0.71	-	-
Gain (Loss) on Sale of Investments	-	-	-	2.04	0.7	-
Change in Other Net Operating Assets	174.84	169.64	174.64	67.42	199.52	61.33
Other Operating Activities	-34.93	-3.48	-1.42	1.94	-11.62	-11
Operating Cash Flow	260.54	263.12	266.57	160.13	278.38	139.66
Operating Cash Flow Growth	-12.12%	-1.30%	66.47%	-42.48%	99.32%	146.28%
Capital Expenditures	-10.36	-13.4	-20.59	-8.11	-4.13	-5.53
Investment in Securities	24.9	10	-10	-14.39	-147.13	-
Investing Cash Flow	14.54	-3.4	-30.59	-22.5	-151.26	-5.53
Common Dividends Paid	-41.5	-41.47	-41.49	-41.12	-41.19	-40.69
Financing Cash Flow	-41.5	-41.47	-41.49	-41.12	-41.19	-40.69
Net Cash Flow	233.57	218.24	194.5	96.51	85.94	93.45
Free Cash Flow	250.17	249.71	245.99	152.02	274.25	134.13
Free Cash Flow Growth	-14.18%	1.51%	61.81%	-44.57%	104.46%	216.59%
Free Cash Flow Margin	35.74%	35.90%	29.83%	21.87%	39.04%	28.12%
Free Cash Flow Per Share	5.86	5.85	5.77	3.56	6.43	3.14
Cash Income Tax Paid	33.46	25.01	17.08	11.2	26	30.49
Levered Free Cash Flow	255.7	275.49	172.3	129.1	181.87	69.76
Unlevered Free Cash Flow	255.7	275.49	172.3	129.1	181.87	69.76
Change in Net Working Capital	-169.62	-206.69	-118.85	-67.24	-115.38	-0.93

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