Military Insurance Cash Flow Statement

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

Millions VND. 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	Jan '24 Jan 1, 2024	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	326,656	324,883	238,506	280,555	159,380	224,376
Depreciation & Amortization	14,141	12,781	-	5,867	6,733	6,496
Other Amortization	7,041	7,041	-	2,889	2,928	1,591
Other Operating Activities	-52,307	14,862	163,906	-13,861	-39,388	-99,028
Operating Cash Flow	295,531	359,567	402,412	275,449	129,653	133,434
Operating Cash Flow Growth	-40.00%	-10.65%	46.09%	112.45%	-2.83%	-64.41%
Capital Expenditures	-25,360	-25,287	-81,658	-41,439	-2,888	-12,184
Sale of Property, Plant & Equipment	6.56	6.56	-	511.2	20	-
Other Investing Activities	402,508	383,503	374,720	185,950	173,599	262,561
Investing Cash Flow	-416,846	-471,777	-83,273	-103,538	-46,382	-87,779
Long-Term Debt Issued	-	-	-	-	-	98,000
Total Debt Repaid	-	-	-	-	-	-98,000
Issuance of Common Stock	110,211	110,211	-	-	-	-
Common Dividends Paid	-99,994	-100,096	-171,318	-81,989	-247.05	-48,905
Financing Cash Flow	10,217	10,115	-171,318	-81,989	-247.05	-48,905
Foreign Exchange Rate Adjustments	-73.45	-73.45	161.18	-0.13	25.91	-223.26
Net Cash Flow	-111,171	-102,168	147,982	89,922	83,050	-3,473
Free Cash Flow	270,171	334,280	320,754	234,010	126,764	121,250
Free Cash Flow Growth	-38.43%	4.22%	37.07%	84.60%	4.55%	-67.21%
Free Cash Flow Margin	6.03%	7.51%	8.10%	6.01%	3.22%	4.17%
Free Cash Flow Per Share	1277.38	1580.50	1659.19	1210.48	699.17	668.76
Cash Interest Paid	2.73	0.64	0.74	0.58	1.71	-
Cash Income Tax Paid	83,997	90,922	69,957	28,410	64,382	-
Levered Free Cash Flow	-461,654	-900,642	-134,683	-1,366,256	1,380,911	-537,778
Unlevered Free Cash Flow	-461,652	-900,641	-134,682	-1,366,256	1,380,912	-537,706

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