JMSE:GENAC Cash Flow Statement

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

Millions JMD. 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	529.3	441.95	241.33	540.18	730.74	254.75
Depreciation & Amortization	216.22	210.32	163.04	182.14	146.73	151.37
Other Amortization	4.91	4.91	4.68	4.95	5.01	5.35
Gain (Loss) on Sale of Assets	-	-	-2.22	-25.17	-0.41	-6.27
Gain (Loss) on Sale of Investments	-168.25	-187.31	-44.43	0.38	-134.85	-1.2
Change in Accounts Receivable	-	-	20.06	6.48	-30.63	-162.5
Reinsurance Recoverable	-6,393	-8,001	-1,037	-54.35	75.79	-867.77
Change in Insurance Reserves / Liabilities	5,503	7,719	1,824	293.72	-570.05	-
Change in Other Net Operating Assets	1,931	2,527	317.24	-447.93	-325.34	-458.27
Other Operating Activities	-287.76	-361.88	-392.24	-149.4	-95.26	854.74
Operating Cash Flow	91.14	2,340	1,089	270.85	-251.95	-255.42
Operating Cash Flow Growth	-93.46%	114.81%	302.21%	-	-	-
Capital Expenditures	-132.96	-152.42	-95.19	-120.6	-174.54	-127.13
Sale of Property, Plant & Equipment	-	-	-	1.17	0.32	6.24
Purchase / Sale of Intangible Assets	-4.26	-4.26	-	-19.17	-0.72	-0.48
Cash Acquisitions	-	-	-	-	-48.61	-
Investment in Securities	-838.35	-923.95	130.36	179.32	-178.57	1,090
Other Investing Activities	343.04	350.01	333.28	277.67	209.24	206.66
Investing Cash Flow	-520.14	-597.28	344.42	349.72	-86.89	1,192
Total Debt Repaid	-75.39	-92.84	-59.03	-110.55	-94.19	-82.92
Net Debt Issued (Repaid)	-75.39	-92.84	-59.03	-110.55	-94.19	-82.92
Common Dividends Paid	-80	-	-225	-202.53	-250.57	-196.7
Financing Cash Flow	-155.39	-92.84	-284.03	-313.07	-344.76	-279.62
Foreign Exchange Rate Adjustments	26.67	9.48	-82.99	-14.21	25.72	30.33
Net Cash Flow	-555.46	1,660	1,067	293.29	-657.88	687.64
Free Cash Flow	-41.82	2,188	994.2	150.26	-426.49	-382.55
Free Cash Flow Growth	-	120.05%	561.67%	-	-	-
Free Cash Flow Margin	-0.30%	16.20%	8.49%	1.71%	-6.05%	-9.19%
Free Cash Flow Per Share	-0.04	2.12	0.96	0.15	-0.41	-0.37
Cash Income Tax Paid	160.22	160.22	110.4	87.63	69.05	76.66
Levered Free Cash Flow	-7,506	-7,926	-703.97	205.04	-6,137	-242.16
Unlevered Free Cash Flow	-7,506	-7,926	-703.97	205.04	-6,137	-237.54
Change in Working Capital	-203.28	2,232	1,141	-243.38	-825.93	-1,489

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