FRA:WNI Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	230.4	509.2	792.8	-275.4
Depreciation & Amortization	-6.4	-17.8	4.3	21.6
Gain (Loss) on Sale of Assets	114.5	-	-	-
Gain (Loss) on Sale of Investments	-185.4	-434.2	191.5	246.1
Stock-Based Compensation	16.3	15.3	14	14.7
Change in Accounts Receivable	-204.7	-67	-127.8	-179.3
Reinsurance Recoverable	-147	153.3	-79.8	88
Change in Unearned Revenue	174.4	147.9	159.3	198.6
Change in Insurance Reserves / Liabilities	543	308.6	401.8	198.7
Change in Other Net Operating Assets	-105.7	-92.5	118.5	-168.3
Other Operating Activities	116.1	73.5	-953.4	-2.4
Operating Cash Flow	586.8	404.1	326.3	38.6
Operating Cash Flow Growth	45.21%	23.84%	745.34%	-
Cash Acquisitions	-231.8	-	-67.9	10.6
Investment in Securities	-236.3	-627.8	-1,141	-812.5
Other Investing Activities	9.1	66.6	-74.4	593.6
Investing Cash Flow	-447	-543.9	108.4	-208.3
Long-Term Debt Issued	36.6	12.4	213.8	401.7
Total Debt Repaid	-38.1	-25.7	-56.7	-120.1
Net Debt Issued (Repaid)	-1.5	-13.3	157.1	281.6
Repurchases of Common Stock	-7.9	-32.7	-615.8	-107.5
Common Dividends Paid	-2.5	-2.6	-3	-3.1
Other Financing Activities	16.1	55.8	134.3	46.6
Financing Cash Flow	4.2	7.2	-327.4	217.6
Miscellaneous Cash Flow Adjustments	-	-	-	15.2
Net Cash Flow	144	-132.6	107.3	63.1
Cash Interest Paid	61	42.2	30.5	13.9
Cash Income Tax Paid	34.3	42.7	10.3	-0.1
Levered Free Cash Flow	1,247	-39.59	-144.86	-269.46
Unlevered Free Cash Flow	1,285	-0.4	-119.68	-256.65
Change in Working Capital	301.3	258.1	277.1	-8.3

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