FRA:RGPB Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	867	717	902	517	1,170	415
Depreciation & Amortization	46	46	41	38	43	174
Other Amortization	391	391	348	337	287	415
Gain (Loss) on Sale of Assets	-	-	-	-2	-11	-
Gain (Loss) on Sale of Investments	531	531	354	468	-621	-13
Change in Accounts Receivable	-397	-397	-537	-249	-117	162
Reinsurance Recoverable	231	231	-209	61	131	-115
Change in Deferred Taxes	-61	-61	211	67	53	-16
Change in Insurance Reserves / Liabilities	8,735	8,735	4,070	1,094	4,229	2,819
Change in Other Net Operating Assets	2	2	18	81	-71	214
Other Operating Activities	-5,088	-407	-483	-427	-332	-588
Operating Cash Flow	4,839	9,370	4,044	1,343	4,182	3,322
Operating Cash Flow Growth	-46.21%	131.70%	201.12%	-67.89%	25.89%	44.00%
Capital Expenditures	-	-	-	-	-	-28
Cash Acquisitions	-	-	-	-	-156	-315
Investment in Securities	-10,216	-11,539	-3,525	-5,285	-4,266	-2,148
Other Investing Activities	-601	260	303	-59	-61	-131
Investing Cash Flow	-12,986	-12,545	-4,066	-5,688	-4,628	-2,680
Long-Term Debt Issued	-	640	890	690	494	598
Total Debt Repaid	-28	-28	-428	-584	-611	-217
Net Debt Issued (Repaid)	663	612	462	106	-117	381
Issuance of Common Stock	4	-	-	-	-	482
Repurchases of Common Stock	-114	-27	-227	-81	-99	-163
Common Dividends Paid	-237	-229	-219	-205	-194	-182
Other Financing Activities	1,034	187	603	320	31	-37
Financing Cash Flow	7,610	3,661	78	4,436	20	1,254
Foreign Exchange Rate Adjustments	-33	-130	-13	-112	-34	63
Net Cash Flow	-570	356	43	-21	-460	1,959
Free Cash Flow	4,839	9,370	4,044	1,343	4,182	3,294
Free Cash Flow Growth	-46.21%	131.70%	201.12%	-67.89%	26.96%	44.92%
Free Cash Flow Margin	21.70%	42.38%	21.78%	8.28%	25.09%	22.57%
Free Cash Flow Per Share	72.33	140.06	60.27	19.84	61.23	50.06
Cash Interest Paid	254	213	217	163	160	166
Cash Income Tax Paid	212	78	298	129	368	108
Levered Free Cash Flow	2,668	1,749	1,926	-2,917	162.63	1,436
Unlevered Free Cash Flow	2,890	1,939	2,087	-2,798	249.5	1,543
Change in Working Capital	8,188	8,188	3,063	743	4,065	2,969

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