Bao Minh Insurance Cash Flow Statement

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

Millions VND. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
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	2015 - 2019
Net Income	299,292	237,674	328,993	281,858	255,082	195,222	Upgrade
Depreciation & Amortization	12,763	15,870	17,211	17,909	19,314	19,926	Upgrade
Other Amortization	3,872	2,130	-	-	-	-	Upgrade
Gain (Loss) on Sale of Assets	-249,427	-275,802	-391,084	-281,443	-242,762	-239,951	Upgrade
Change in Accounts Receivable	-306,665	-159,076	-309,924	-45,690	428,152	-106,814	Upgrade
Change in Accounts Payable	173,302	173,302	16,787	-32,868	-	-	Upgrade
Change in Other Net Operating Assets	-93,404	66,561	-61,972	-159,529	-228,996	125,545	Upgrade
Other Operating Activities	84,752	97,749	-1,129	132,335	212,327	244,039	Upgrade
Operating Cash Flow	-310,077	135,498	-413,740	-84,005	541,113	298,186	Upgrade
Operating Cash Flow Growth	-	-	-	-	81.47%	76.93%	Upgrade
Capital Expenditures	1,499	-7,748	-10,695	-1,982	-11,139	-18,874	Upgrade
Sale of Property, Plant & Equipment	200.78	746.57	296.11	22.09	891.71	722.14	Upgrade
Investment in Securities	-207,900	-207,900	-12,999	-	-	-	Upgrade
Other Investing Activities	373,962	402,265	503,366	284,575	259,915	229,142	Upgrade
Investing Cash Flow	346,901	187,364	479,969	196,510	-288,539	-247,796	Upgrade
Common Dividends Paid	-66,321	-60,293	-54,812	-164,436	-182,708	-137,031	Upgrade
Financing Cash Flow	-66,321	-60,293	-54,812	-164,436	-182,708	-137,031	Upgrade
Foreign Exchange Rate Adjustments	2,457	1,895	1,487	-3.01	963.84	201.87	Upgrade
Net Cash Flow	-27,041	264,465	12,904	-51,934	70,830	-86,439	Upgrade
Free Cash Flow	-308,579	127,750	-424,434	-85,987	529,974	279,312	Upgrade
Free Cash Flow Growth	-	-	-	-	89.74%	105.22%	Upgrade
Free Cash Flow Margin	-5.53%	2.35%	-8.29%	-1.80%	12.91%	6.86%	Upgrade
Free Cash Flow Per Share	-2049.67	848.55	-2819.22	-571.14	3520.20	1855.24	Upgrade
Cash Income Tax Paid	37,921	50,016	56,000	42,186	21,307	91,831	Upgrade
Levered Free Cash Flow	99,893	552,607	40,410	8,537	65,642	222,947	Upgrade
Unlevered Free Cash Flow	99,968	552,909	40,962	8,935	65,781	223,172	Upgrade
Change in Working Capital	-461,329	57,877	-367,731	-234,665	297,152	78,949	Upgrade

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