Pioneer Insurance Company Limited (DSE:PIONEERINS)

Pioneer Insurance Company Cash Flow Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	468.67	486.05	515.43	586.64	532.67
Depreciation & Amortization	26.2	27.34	26.67	17.53	20.46
Gain (Loss) on Sale of Assets	-	-	-	-0.13	-
Change in Income Taxes	-187.93	-165.84	-250.28	-243.38	-
Change in Insurance Reserves / Liabilities	-57.18	-50.94	-3.7	-48.62	-
Change in Other Net Operating Assets	-501.21	-696.42	150.11	99.72	-
Other Operating Activities	162.59	195.18	203.05	254.23	-146
Operating Cash Flow	-88.85	-204.63	641.28	665.99	407.13
Operating Cash Flow Growth	-	-	-3.71%	63.58%	6.20%
Capital Expenditures	-18.7	-13.62	-45.27	-16.43	-3.45
Sale of Property, Plant & Equipment	12.38	3.97	13.5	7.74	-
Investment in Securities	21.09	-4.06	-173.23	-163.3	-
Investing Cash Flow	14.77	-13.71	-205	-171.99	-3.45
Common Dividends Paid	-177.82	-211.69	-192.45	-139.96	-139.96
Financing Cash Flow	-177.82	-211.69	-192.45	-139.96	-139.96
Net Cash Flow	-251.9	-430.03	243.83	354.04	263.72
Free Cash Flow	-107.55	-218.25	596	649.56	403.68
Free Cash Flow Growth	-	-	-8.24%	60.91%	9.32%
Free Cash Flow Margin	-5.38%	-11.01%	30.21%	35.80%	21.68%
Free Cash Flow Per Share	-1.10	-2.23	6.09	6.64	4.13
Cash Income Tax Paid	-	165.84	250.28	243.38	94.96
Levered Free Cash Flow	-445.39	-335.73	551.82	520.5	500.64
Unlevered Free Cash Flow	-445.39	-335.73	551.82	520.5	500.64
Change in Net Working Capital	851.82	779.65	-117.28	10.74	-10.4

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.