Republic Insurance PLC (DSE:REPUBLIC)

Republic Insurance Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	49	59.33	183.42	138.21	75.85	143.5
Depreciation & Amortization	20.15	20.15	20.46	17.61	16.66	18.13
Other Amortization	0.36	0.36	0.38	0.27	0.29	0.27
Gain (Loss) on Sale of Assets	-0.87	-0.87	-0.3	-0.41	-	-
Gain (Loss) on Sale of Investments	2.73	2.73	-0.12	0.1	-3.73	-2.69
Change in Unearned Revenue	4.91	4.91	-23.53	36.83	3.79	0.05
Change in Insurance Reserves / Liabilities	98.92	98.92	-12.48	-50.07	52.82	11.53
Change in Other Net Operating Assets	-161.42	-161.42	-24.88	-32.98	-105.27	5.04
Other Operating Activities	-43.72	34.37	-83.28	-21.3	48.12	-38.82
Operating Cash Flow	-29.95	58.47	59.66	88.28	88.52	137.02
Operating Cash Flow Growth	-	-1.99%	-32.42%	-0.27%	-35.39%	40.86%
Capital Expenditures	-3.1	-5.24	-8.87	-16.13	-5.39	-7.89
Sale of Property, Plant & Equipment	0.78	2.5	0.98	-	-	-
Purchase / Sale of Intangible Assets	-	-	-0.02	-	-	-0.39
Investment in Securities	104.71	-39.37	4.87	-32.88	-77.44	-50.41
Other Investing Activities	0.31	-	-	-	0.3	-
Investing Cash Flow	102.7	-42.11	-3.03	-49	-82.53	-58.69
Issuance of Common Stock	0.04	-	-	-	0.14	0.05
Common Dividends Paid	-36.01	-57.2	-54.16	-49.21	-32.03	-29.93
Financing Cash Flow	-35.97	-57.2	-54.16	-49.21	-31.9	-29.88
Foreign Exchange Rate Adjustments	-	-	0.01	0.08	0	-0
Net Cash Flow	36.78	-40.84	2.48	-9.85	-25.9	48.45
Free Cash Flow	-33.04	53.23	50.79	72.15	83.13	129.13
Free Cash Flow Growth	-	4.80%	-29.61%	-13.21%	-35.62%	70.99%
Free Cash Flow Margin	-5.83%	8.32%	6.89%	12.08%	15.99%	21.26%
Free Cash Flow Per Share	-0.60	0.97	0.93	1.32	1.52	2.36
Cash Income Tax Paid	39.58	34.44	51.46	45.03	41.63	47.9
Levered Free Cash Flow	25.15	19.5	41.56	59.6	34.47	91.06
Unlevered Free Cash Flow	25.15	19.5	41.56	59.6	34.47	91.06
Change in Working Capital	-57.6	-57.6	-60.89	-46.21	-48.66	16.62

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