MNRB Holdings Berhad Cash Flow Statement

Financials in millions MYR. Fiscal year is April - March.

Millions MYR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Net Income	490	394.25	433.54	118.28	114.42	189.5
Depreciation & Amortization	19.38	11.17	10.63	9.3	8.88	9
Other Amortization	16.97	16.97	22.47	20.72	12.34	10.59
Gain (Loss) on Sale of Assets	-2.38	-3.34	0.07	-0.41	-	-0.07
Gain (Loss) on Sale of Investments	-117.59	-31.16	-18.6	-24.95	40.46	-10.97
Change in Accounts Receivable	518.58	544.7	609.01	683.53	-107.85	-126.06
Reinsurance Recoverable	186.4	-104.39	38.86	90.57	-495.04	40.09
Change in Income Taxes	12.95	-	-	47.13	-	-
Change in Insurance Reserves / Liabilities	-	-	-	-	1,151	450.73
Change in Other Net Operating Assets	-1,035	-711.83	-1,440	-1,022	-555.12	-552.88
Other Operating Activities	-10.85	74.51	293.72	16.67	15.75	84.95
Operating Cash Flow	81.36	195.79	-95.06	-75.24	174.5	88.33
Operating Cash Flow Growth	-	-	-	-	97.54%	62.27%
Capital Expenditures	-14.75	-15.43	-16.27	-18.62	-9.81	-2.2
Sale of Property, Plant & Equipment	6.65	11.33	0.05	0.02	0.01	0.07
Purchase / Sale of Intangible Assets	-32.54	-29.64	-15	-72.18	-16.56	-45.82
Investing Cash Flow	-40.04	-33.75	-31.22	-90.79	-26.36	-47.95
Long-Term Debt Issued	-	-	420	200	-	-
Total Debt Repaid	-1.35	-2.28	-321.58	-1.5	-1.89	-2.88
Net Debt Issued (Repaid)	-1.35	-2.28	98.42	198.5	-1.89	-2.88
Common Dividends Paid	-78.31	-78.31	-34.85	-19.58	-31.32	-23.49
Other Financing Activities	-20.02	-28.72	-27.16	-21.48	-16.66	-16.64
Financing Cash Flow	-99.67	-109.31	36.42	157.44	-49.88	-43.01
Net Cash Flow	-58.36	52.73	-89.86	-8.59	98.26	-2.63
Free Cash Flow	66.61	180.36	-111.33	-93.86	164.69	86.14
Free Cash Flow Growth	-	-	-	-	91.20%	68.20%
Free Cash Flow Margin	2.34%	6.53%	-4.35%	-4.10%	6.12%	3.45%
Free Cash Flow Per Share	0.09	0.23	-0.14	-0.12	0.21	0.11
Cash Interest Paid	20.02	28.72	27.16	21.48	16.66	16.64
Cash Income Tax Paid	108.61	105.6	60.52	42.07	29.34	52.6
Levered Free Cash Flow	462.48	-1,251	-929.26	172.52	495.09	203.06
Unlevered Free Cash Flow	479.13	-1,232	-912.22	186.03	505.61	213.56
Change in Working Capital	-317	-271.52	-792.24	-200.91	-7.02	-188.12

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.