Enterprise Group Cash Flow Statement

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

Millions GHS. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	215.88	215.88	241.56	116.37	82.25	67.61
Depreciation & Amortization	-	-	26.11	19.38	16.98	16.53
Other Amortization	-	-	0.18	0.04	0.03	0.11
Gain (Loss) on Sale of Assets	-	-	5.41	-0.89	-0.15	2.13
Gain (Loss) on Sale of Investments	-	-	-61.09	-19.31	338.19	-36.76
Change in Accounts Receivable	-	-	20.02	-28.95	-10.49	-43.28
Reinsurance Recoverable	-	-	-21.26	-67.64	-32.11	9.36
Change in Accounts Payable	-	-	23.28	10.98	32.85	55.58
Change in Unearned Revenue	-	-	-	-	-	38.03
Change in Insurance Reserves / Liabilities	-	-	361.28	361.62	164.56	258.26
Change in Other Net Operating Assets	-	-	94.21	5.64	0.68	-8.46
Other Operating Activities	921.89	748.6	192.59	112.55	32.6	55.74
Operating Cash Flow	1,138	964.48	753.29	461.19	450.85	428.86
Operating Cash Flow Growth	32.92%	28.04%	63.34%	2.29%	5.13%	67.51%
Capital Expenditures	-109.51	-103.82	-36.63	-20.78	-21.41	-15.31
Sale of Property, Plant & Equipment	1.83	1.83	2.16	1.48	0.25	0.33
Purchase / Sale of Intangible Assets	-5.34	-5.65	-3.48	-0.06	-0.02	-0.08
Cash Acquisitions	-	-	-	-	-	-27.82
Investment in Securities	-563.7	-541.75	-146.55	176.08	-404.08	-261.65
Other Investing Activities	-	-	-	-0.25	-	-
Investing Cash Flow	-678.99	-651.3	-184.5	154.75	-425.27	-304.85
Total Debt Repaid	-3.34	-8.16	-5.75	-5.81	-7.89	-4.73
Net Debt Issued (Repaid)	-3.34	-8.16	-5.75	-5.81	-7.89	-4.73
Common Dividends Paid	-21.53	-21.53	-16.58	-12.71	-12.71	-10.6
Other Financing Activities	-42.98	-42.98	-26.92	-45.27	-34.51	-50.72
Financing Cash Flow	-67.85	-72.67	-49.24	-63.79	-55.11	-66.04
Foreign Exchange Rate Adjustments	-22.83	-12.45	-8.97	-14.52	22.08	-2.87
Net Cash Flow	368.1	228.05	510.58	537.63	-7.46	55.1
Free Cash Flow	1,028	860.66	716.66	440.41	429.43	413.55
Free Cash Flow Growth	29.55%	20.09%	62.73%	2.56%	3.84%	69.79%
Free Cash Flow Margin	54.98%	42.70%	36.86%	29.99%	47.83%	35.69%
Free Cash Flow Per Share	6.02	5.04	4.19	2.58	2.51	2.42
Cash Interest Paid	-	-	3.77	1.29	45.84	2.96
Cash Income Tax Paid	57.95	57.95	58.88	34.05	31.03	23.54
Levered Free Cash Flow	354.08	614.31	9.57	-22.37	-305.41	118.62
Unlevered Free Cash Flow	354.08	614.31	11.86	-20.73	-302.12	120.52
Change in Working Capital	-	-	482.13	280.72	151.63	312.44

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