Phoenix Insurance Company Limited (DSE: PHENIXINS)

Phoenix 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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net Income	42.31	64.19	81.49	88.79	93.99	93
Depreciation & Amortization	48.87	49.13	13.57	11.94	10.79	11.73
Gain (Loss) on Sale of Assets	-0.89	-	1.86	3.71	0.27	-
Gain (Loss) on Sale of Investments	1.78	1.04	-	-	0.79	-
Change in Accounts Receivable	13.17	6.33	-23.88	10.36	8.59	-21.11
Change in Insurance Reserves / Liabilities	-27.2	0.78	-2.49	-25.48	8.83	11.8
Change in Other Net Operating Assets	-32.99	-35.42	-12.48	72.21	-50.92	-80.07
Other Operating Activities	-52.2	-55.76	-2.9	1	10.98	10.15
Operating Cash Flow	-7.04	30.19	55.38	162.53	83.36	25.54
Operating Cash Flow Growth	-	-45.48%	-65.92%	94.98%	226.36%	-65.87%
Capital Expenditures	-21.25	-2.93	-15.9	-13.96	-10.03	-0.77
Sale of Property, Plant & Equipment	1.15	-	2.09	5.43	3.2	-
Investment in Securities	51.81	-0.13	-0.55	-31.22	2.89	-12.75
Investing Cash Flow	31.71	-3.07	-14.36	-39.75	-3.94	-13.52
Common Dividends Paid	-46.6	-58.84	-57.58	-59.45	-48.41	-48.41
Financing Cash Flow	-46.6	-58.84	-57.58	-59.45	-48.41	-48.41
Net Cash Flow	-21.93	-31.71	-16.55	63.33	31	-36.39
Free Cash Flow	-28.29	27.26	39.49	148.57	73.32	24.78
Free Cash Flow Growth	-	-30.97%	-73.42%	102.61%	195.96%	-65.07%
Free Cash Flow Margin	-7.25%	7.11%	8.51%	30.71%	15.60%	4.25%
Free Cash Flow Per Share	-0.70	0.68	0.98	3.68	1.82	0.61
Cash Income Tax Paid	31.76	35.83	26.36	27.24	16.92	12.12
Levered Free Cash Flow	-1.63	82.59	32.36	147.38	121.31	-35.92
Unlevered Free Cash Flow	-1.63	82.59	32.36	147.38	121.31	-35.92
Change in Net Working Capital	56.43	15.74	30.7	-78	-43.49	119.74

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