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Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (ETR:MUV2)
Germany flag Germany · Delayed Price · Currency is EUR
502.40
-14.20 (-2.75%)
Jul 21, 2026, 5:37 PM CET

ETR:MUV2 Cash Flow Statement

Millions EUR. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
6,1215,6904,5975,3092,932
Depreciation & Amortization
3593753172,873-
Other Adjustments
2,417-5,522-2,3309,118-4,579
Changes in Reinsurance Contract Assets
-379268-92-225-
Changes in Deferred Acquisition Costs
-----729
Changes in Accrued Expenses
24919-59-1,236-
Changes in Claims Reserves
-5,3121,630101-8,97611,409
Changes in Other Operating Activities
1,45068311-2,891-4,238
Operating Cash Flow
4,9063,1432,5433,9725,226
Operating Cash Flow Growth
56.09%23.59%-35.98%-24.00%-27.61%
Capital Expenditures
-164-167-148-140-
Sale of Property, Plant & Equipment
14133646-
Purchases of Intangible Assets
-136-149-198-209-
Proceeds from Sale of Intangible Assets
148945-
Payments for Business Acquisitions
-1,392-340-4814-133
Proceeds from Business Divestments
206471923-20
Other Investing Activities
115-8-
Investing Cash Flow
-1,457-505-329-270-3,818
Long-Term Debt Issued
1,2421,48700-
Long-Term Debt Repaid
-199-141-134-457-
Net Long-Term Debt Issued (Repaid)
1,0431,346-134-457-
Repurchase of Common Stock
-1,878-1,437-1,041-605-
Net Common Stock Issued (Repurchased)
-1,878-1,437-1,041-6050
Common Dividends Paid
-2,613-2,006-1,583-1,549-1,378
Other Financing Activities
-373-130-225-92-303
Financing Cash Flow
-3,820-2,228-2,983-2,702-1,681
Effect of Exchange Rate Changes on Cash and Cash Equivalents
-236122-4735146
Net Cash Flow
-607532-8171,035-127
Free Cash Flow
4,7422,9762,3953,8325,226
Free Cash Flow Growth
59.34%24.26%-37.50%-26.67%-27.61%
FCF Margin
6.90%4.44%3.78%6.33%7.55%
Free Cash Flow Per Share
36.5522.4017.6127.5037.30
Levered Free Cash Flow
8,6768,2284,5013,237-2,034
Unlevered Free Cash Flow
7,8127,0204,7673,833-2,053