Warba Insurance and Reinsurance Company (K.S.C.P.) (KWSE:WINSRE)

KWSE:WINSRE Cash Flow Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	5.62	7.09	4.86	2.34	1.82
Depreciation & Amortization	0.25	0.23	0.21	0.21	0.18
Gain (Loss) on Sale of Investments	-	-	-	-0.42	0.52
Change in Accounts Receivable	-	-	-	-0.07	0.28
Reinsurance Recoverable	3.05	2.51	27.8	3.28	3.73
Change in Insurance Reserves / Liabilities	-2.67	-2.25	-28.04	-2.04	-3.11
Change in Other Net Operating Assets	7.65	1.67	0.58	-1	2.42
Other Operating Activities	-3.16	-2.87	-0.99	-0.97	-1.14
Operating Cash Flow	10.75	6.38	4.43	1.63	4.96
Operating Cash Flow Growth	68.40%	44.11%	170.96%	-67.05%	1016.34%
Capital Expenditures	-0.03	-0.1	-0.28	-0.14	-0.19
Sale of Property, Plant & Equipment	0.2	-	-	-	-
Investment in Securities	-10.4	-8.36	-4.32	-1.64	-1.91
Other Investing Activities	2.31	2.02	1.55	1.34	1.58
Investing Cash Flow	-7.93	-6.43	-3.06	-0.44	-0.52
Long-Term Debt Issued	-	-	-	2	2
Total Debt Issued	-	-	-	2	2
Net Debt Issued (Repaid)	-	-	-	2	2
Issuance of Common Stock	0.07	-	-	3.24	-
Repurchases of Common Stock	-	-0.1	-0.31	-3.43	-
Common Dividends Paid	-2.3	-1.33	-1.65	-1.29	-1.12
Financing Cash Flow	-2.24	-1.43	-1.96	0.51	0.88
Net Cash Flow	0.58	-1.48	-0.59	1.71	5.32
Free Cash Flow	10.71	6.28	4.15	1.49	4.77
Free Cash Flow Growth	70.50%	51.51%	177.70%	-68.70%	1446.08%
Free Cash Flow Margin	23.65%	13.48%	19.73%	6.88%	24.99%
Free Cash Flow Per Share	0.04	0.03	0.02	0.01	0.02
Levered Free Cash Flow	-	-1.28	-28.06	3.57	2.42
Unlevered Free Cash Flow	-	-1.28	-28.06	3.57	2.42
Change in Net Working Capital	-	5.75	30.94	-2.08	-1.01

Source: S&P Capital IQ. Insurance template. Financial Sources.