LON:0OAL Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	3,097	-926	3,878	11,273	10,906
Depreciation & Amortization	3,455	3,597	3,841	3,861	4,542
Other Adjustments	519	3,063	598	-5,232	-7,005
Changes in Receivables	-1,168	-571	544	-1,681	-724
Changes in Reinsurance Contract Assets	501	727	-204	2,794	-1,044
Changes in Deferred Acquisition Costs	-3,438	-3,519	-4,157	-3,732	-4,969
Changes in Claims Reserves	93	341	823	-4,486	4,472
Changes in Income Taxes Payable	452	468	-338	199	1,579
Changes in Other Operating Activities	-197	197	1,968	1,626	-1,534
Operating Cash Flow	3,314	3,273	6,243	4,134	6,223
Operating Cash Flow Growth	1.25%	-47.57%	51.02%	-33.57%	499.52%
Purchases of Investments	-26,726	-24,284	-24,300	-21,496	-88,419
Proceeds from Sale of Investments	27,252	31,144	26,910	25,288	76,363
Proceeds from Business Divestments	-	587	2,568	-	4,683
Other Investing Activities	2,664	-1,604	-7,665	-879	4,093
Investing Cash Flow	3,190	1,672	-7,021	-3,626	-3,280
Long-Term Debt Issued	1,241	661	742	97	4,445
Long-Term Debt Repaid	-1,101	-2,048	-2,349	-9,760	-8,641
Net Long-Term Debt Issued (Repaid)	140	-1,387	-1,607	-9,663	-4,196
Repurchase of Common Stock	-5,836	-6,652	-2,961	-5,200	-2,592
Net Common Stock Issued (Repurchased)	-5,836	-6,652	-2,961	-5,200	-2,592
Repurchase of Preferred Stock	-	-485	-	-29	-
Net Preferred Stock Issued (Repurchased)	-	-485	-	-29	-
Common Dividends Paid	-976	-1,002	-997	1,369	-1,083
Preferred Share Dividends Paid	-	-22	-29	-982	-29
Other Financing Activities	129	605	2,846	13,903	4,221
Financing Cash Flow	-6,543	-5,063	782	-15,107	-3,679
Effect of Exchange Rate Changes on Cash and Cash Equivalents	12	-83	-13	-117	-67
Net Cash Flow	-27	-201	-9	-211	-803
Free Cash Flow	3,314	3,273	6,243	4,134	6,223
Free Cash Flow Growth	1.25%	-47.57%	51.02%	-33.57%	499.52%
FCF Margin	12.38%	12.01%	22.35%	13.78%	11.93%
Free Cash Flow Per Share	5.81	4.98	8.61	5.25	7.20
Levered Free Cash Flow	4,009	-1,343	3,117	5,283	4,716
Unlevered Free Cash Flow	4,118	4,072	4,337	8,449	8,377

Updated Dec 31, 2025. Data Source: Fiscal.ai. Insurance template. Financial Sources.