Tune Protect Group Berhad Cash Flow Statement

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

Millions MYR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	28.74	0.57	-0.95	-35.09	-14.99	18.39
Depreciation & Amortization	2.83	3.72	4.23	4.06	4.06	3.98
Other Amortization	7.76	7.76	5.76	4.84	2.74	1.67
Gain (Loss) on Sale of Assets	-0.1	-0.1	0.01	-0.2	-0.04	0.01
Gain (Loss) on Sale of Investments	-8.38	-8.38	-20.1	18.82	29.77	-12.19
Stock-Based Compensation	-0.25	-0.25	1.39	-2.89	0.03	-0.62
Change in Accounts Receivable	-	-	-	-	-12.99	14.12
Reinsurance Recoverable	8.78	8.78	99.11	129.77	-22.07	-143.77
Change in Insurance Reserves / Liabilities	15.54	15.54	-53.65	-68.79	5.92	114.03
Change in Other Net Operating Assets	-50.2	-1.95	12.82	-27.25	27.25	18.29
Other Operating Activities	16.99	4.56	-4.59	6.13	-0.73	-1.72
Operating Cash Flow	31.31	39.85	43.71	46.01	28.49	23.97
Operating Cash Flow Growth	11.50%	-8.84%	-5.00%	61.52%	18.86%	-20.76%
Capital Expenditures	-7.59	-2.22	-1.14	-1.72	-1.83	-1.25
Sale of Property, Plant & Equipment	0.02	0.1	0	0.27	0.06	0.02
Purchase / Sale of Intangible Assets	-14.87	-14.41	-15.17	-14.25	-16.45	-3.35
Investment in Securities	-212.28	6.24	-0.48	10.31	59.64	-19.45
Investing Cash Flow	-234.73	-10.29	-16.78	-5.38	41.41	-24.03
Total Debt Repaid	-4.21	-2.66	-2.69	-2.65	-2.46	-2.27
Net Debt Issued (Repaid)	-4.21	-2.66	-2.69	-2.65	-2.46	-2.27
Issuance of Common Stock	-	0.45	0.19	-	-	-
Other Financing Activities	-	-0.62	-	-55	-36.73	-2.85
Financing Cash Flow	-4.21	-2.83	-2.51	-57.64	-39.18	-5.11
Foreign Exchange Rate Adjustments	-0.07	-0.22	-0.48	0.55	0.12	-0.07
Net Cash Flow	-207.71	26.51	23.94	-16.47	30.83	-5.24
Free Cash Flow	23.72	37.63	42.57	44.3	26.65	22.72
Free Cash Flow Growth	-14.02%	-11.62%	-3.89%	66.20%	17.32%	-20.97%
Free Cash Flow Margin	6.69%	10.13%	13.12%	14.33%	12.61%	8.65%
Free Cash Flow Per Share	0.03	0.05	0.06	0.06	0.04	0.03
Cash Income Tax Paid	-	-3.28	0.73	0.5	5.72	4.41
Levered Free Cash Flow	132.47	-242.5	388.18	-672.09	67.21	-6.65
Unlevered Free Cash Flow	140.19	-234.73	397.32	-665.47	67.39	-6.47
Change in Working Capital	-25.89	22.36	58.28	33.73	-1.89	2.66

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