Paramount Global Cash Flow Statement

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

Millions KWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2016 - 2020
Period Ending	Jun '25 Jun 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	2016 - 2020
Net Income	24.68	22.65	20.03	16.42	13.97	12.18	Upgrade
Depreciation & Amortization	0.34	0.22	0.14	0.14	0.26	0.28	Upgrade
Gain (Loss) on Sale of Assets	-0.01	-0.01	-	-	-	-0	Upgrade
Gain (Loss) on Sale of Investments	-	-	-	-	-2.17	1.46	Upgrade
Change in Accounts Receivable	0.1	-0.05	16.14	-8.11	1.43	-2.49	Upgrade
Reinsurance Recoverable	-10.51	-2.4	-0.42	-9.43	-0.45	10.15	Upgrade
Change in Accounts Payable	-	-	-	-	-1.11	1.99	Upgrade
Change in Unearned Revenue	-	-	-	-	0	0.04	Upgrade
Change in Insurance Reserves / Liabilities	34.09	34.77	21.39	19.67	20.16	12.92	Upgrade
Change in Other Net Operating Assets	7.98	3.84	3.39	-1.98	-	-	Upgrade
Other Operating Activities	-16.41	-12.77	-10.38	-9.18	-3.7	-3	Upgrade
Operating Cash Flow	40.46	48.95	34.63	21.93	28.15	31.43	Upgrade
Operating Cash Flow Growth	-6.97%	41.35%	57.93%	-22.11%	-10.44%	106.06%	Upgrade
Capital Expenditures	-1.03	-0.37	-0.19	-0.07	-0.05	-0.17	Upgrade
Sale of Property, Plant & Equipment	0.01	0.01	-	-	-	0	Upgrade
Cash Acquisitions	0	0	-0	-1.42	-1.49	-	Upgrade
Investment in Securities	-50.56	-55.01	-33.78	-19.59	-28.49	-28.21	Upgrade
Other Investing Activities	14.46	13.49	8.92	6.6	4.94	4.39	Upgrade
Investing Cash Flow	-37.11	-41.88	-25.05	-14.49	-25.08	-23.95	Upgrade
Long-Term Debt Issued	-	15	-	-	-	-	Upgrade
Total Debt Issued	15	15	-	-	-	-	Upgrade
Total Debt Repaid	-15	-15	-	-	-	-	Upgrade
Issuance of Common Stock	-	0	-	-	-	-	Upgrade
Repurchases of Common Stock	-0	-	-	-	-	-0	Upgrade
Common Dividends Paid	-3.45	-6.73	-8.87	-7.6	-5.21	-4.94	Upgrade
Financing Cash Flow	-3.45	-6.72	-8.87	-7.6	-5.21	-4.94	Upgrade
Foreign Exchange Rate Adjustments	-0.33	-0.19	0.07	-0.08	-0.01	-0.02	Upgrade
Net Cash Flow	-0.44	0.15	0.78	-0.25	-2.15	2.52	Upgrade
Free Cash Flow	39.43	48.58	34.44	21.85	28.09	31.26	Upgrade
Free Cash Flow Growth	-8.80%	41.05%	57.61%	-22.22%	-10.13%	105.97%	Upgrade
Free Cash Flow Margin	29.48%	39.19%	30.03%	21.59%	27.88%	36.52%	Upgrade
Free Cash Flow Per Share	0.17	0.21	0.15	0.09	0.12	0.14	Upgrade
Levered Free Cash Flow	-2.8	14.13	-12.15	-117.49	26.29	22.21	Upgrade
Unlevered Free Cash Flow	-2.8	14.13	-12.15	-117.49	26.29	22.21	Upgrade
Change in Working Capital	31.86	38.87	24.87	13.91	20.03	22.61	Upgrade

Updated Feb 20, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.