Military Insurance Cash Flow Statement

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

Millions VND. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Jan '24 Jan 1, 2024
Net Income	324,883	238,506	280,555
Depreciation & Amortization	-	9,153	5,867
Other Amortization	-	5,427	2,889
Other Operating Activities	34,684	149,326	-13,861
Operating Cash Flow	359,567	402,412	275,449
Operating Cash Flow Growth	-10.65%	46.09%	-
Capital Expenditures	-25,287	-81,658	-41,439
Sale of Property, Plant & Equipment	6.56	-	511.2
Other Investing Activities	383,503	374,720	185,950
Investing Cash Flow	-471,777	-83,273	-103,538
Issuance of Common Stock	110,211	-	-
Common Dividends Paid	-100,096	-171,318	-81,989
Financing Cash Flow	10,115	-171,318	-81,989
Foreign Exchange Rate Adjustments	-73.45	161.18	-0.13
Net Cash Flow	-102,168	147,982	89,922
Free Cash Flow	334,280	320,754	234,010
Free Cash Flow Growth	4.22%	37.07%	-
Free Cash Flow Margin	8.22%	8.10%	6.01%
Free Cash Flow Per Share	-	1659.19	1210.48
Cash Interest Paid	-	0.74	0.58
Cash Income Tax Paid	-	69,957	28,410
Levered Free Cash Flow	-1,166,683	-120,103	-
Unlevered Free Cash Flow	-1,159,113	-120,103	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.