NÜRNBERGER Beteiligungs-AG (ETR:NBG6)

ETR:NBG6 Cash Flow Statement

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

Fiscal Year	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net Income	41.73	69.14	63	77.37	67.45
Depreciation & Amortization	34.82	0.21	0.3	0.48	0.56
Gain (Loss) on Sale of Investments	-192.32	39.51	-335.65	-143.67	-376.75
Change in Insurance Reserves / Liabilities	1,370	-1,093	2,082	759.81	2,102
Change in Other Net Operating Assets	-504.42	-845.99	-206.05	-676.92	-222.18
Other Operating Activities	-866.56	1,382	-1,490	-87.22	-1,332
Operating Cash Flow	-116.82	-448.01	114.89	-70.16	239.63
Capital Expenditures	-5.65	-11.85	-7.35	-10.97	-15.28
Sale of Property, Plant & Equipment	0.15	0.54	0.13	0.06	0.09
Purchase / Sale of Intangible Assets	-22.26	-25.72	-34.81	-27.41	-14.86
Investment in Securities	73.51	432.29	207.07	234.31	-128.67
Other Investing Activities	0	-	0.26	-	0
Investing Cash Flow	45.96	405.42	164.18	195.98	-158.71
Common Dividends Paid	-40.32	-38.02	-38.02	-38.02	-34.56
Other Financing Activities	-4.05	-5.44	0.47	-5.73	-6.9
Financing Cash Flow	-44.37	-43.46	-37.55	-43.75	-41.46
Foreign Exchange Rate Adjustments	-0.02	0.03	0.03	-0.04	0.01
Miscellaneous Cash Flow Adjustments	-	-	0	-	-0
Net Cash Flow	-115.25	-86.02	241.56	82.04	39.47
Free Cash Flow	-122.47	-459.86	107.54	-81.13	224.35
Free Cash Flow Margin	-2.66%	-21.73%	1.98%	-2.06%	4.23%
Free Cash Flow Per Share	-10.63	-39.92	9.34	-7.04	19.48
Cash Income Tax Paid	-7.4	20.5	10.41	20.48	7.25
Levered Free Cash Flow	155.08	-144.5	-42.75	-86.11	-39.52
Unlevered Free Cash Flow	155.08	-144.5	-38.91	-85.5	-39.52
Change in Net Working Capital	-208.11	41.28	-67.63	16.66	-16.91

Updated Apr 5, 2024. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.