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	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Jan '24 Jan 1, 2024	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	324,883	238,506	280,555	159,380	223,820
Depreciation & Amortization	12,781	-	5,867	6,733	8,080
Other Amortization	7,041	-	2,889	2,928	-
Other Operating Activities	14,862	163,906	-13,861	-39,388	-95,058
Operating Cash Flow	359,567	402,412	275,449	129,653	136,842
Operating Cash Flow Growth	-10.65%	46.09%	112.45%	-5.25%	-
Capital Expenditures	-25,287	-81,658	-41,439	-2,888	-16,116
Sale of Property, Plant & Equipment	6.56	-	511.2	20	383.64
Other Investing Activities	383,503	374,720	185,950	173,599	262,561
Investing Cash Flow	-471,777	-83,273	-103,538	-46,382	-91,327
Short-Term Debt Issued	-	-	-	-	98,000
Total Debt Issued	-	-	-	-	98,000
Total Debt Repaid	-	-	-	-	-98,000
Issuance of Common Stock	110,211	-	-	-	-
Common Dividends Paid	-100,096	-171,318	-81,989	-247.05	-48,907
Financing Cash Flow	10,115	-171,318	-81,989	-247.05	-48,907
Foreign Exchange Rate Adjustments	-73.45	161.18	-0.13	25.91	-81.11
Net Cash Flow	-102,168	147,982	89,922	83,050	-3,473
Free Cash Flow	334,280	320,754	234,010	126,764	120,726
Free Cash Flow Growth	4.22%	37.07%	84.60%	5.00%	-
Free Cash Flow Margin	7.51%	8.10%	6.01%	3.22%	4.17%
Free Cash Flow Per Share	1580.50	1659.19	1210.48	699.17	665.87
Cash Interest Paid	0.64	0.74	0.58	1.71	117.02
Cash Income Tax Paid	90,922	69,957	28,410	64,382	62,490
Levered Free Cash Flow	-900,642	-134,683	-1,366,256	1,380,180	-
Unlevered Free Cash Flow	-900,641	-134,682	-1,366,256	1,380,181	-

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