Unipol Assicurazioni Cash Flow Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 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
Net Income	1,163	1,074	1,101	525	626.6	707.4
Depreciation & Amortization	754	754	53	51	49.7	-
Gain (Loss) on Sale of Investments	-267	-611	-1,705	-729	-	-
Change in Accounts Receivable	-	-	-	-	16.3	-50.3
Change in Insurance Reserves / Liabilities	1,348	914	587	1,093	-	-
Change in Other Net Operating Assets	-	-	-1	-	-312.2	-82.7
Other Operating Activities	632	386	1,502	782	1,263	133.8
Operating Cash Flow	3,630	2,517	1,537	1,722	1,644	708.2
Operating Cash Flow Growth	183.15%	63.76%	-10.74%	4.76%	132.09%	-54.40%
Capital Expenditures	-667	-924	-1,293	-817	-235.1	-205.1
Cash Acquisitions	-589	-589	-114	-	0.1	1.9
Investment in Securities	-1,926	-1,563	-595	-1,439	1,077	-493.9
Other Investing Activities	290	353	616	621	96.8	15.8
Investing Cash Flow	-2,908	-2,768	-1,410	-1,901	594.8	-1,800
Long-Term Debt Issued	-	505	392	472	-	861.5
Total Debt Repaid	-1,008	-	-116	-80	-888.4	-80
Net Debt Issued (Repaid)	-1,007	505	276	392	-888.4	781.5
Issuance of Common Stock	13	-	1	-	2.2	0.1
Repurchases of Common Stock	-8	-8	-	-4	-	-
Common Dividends Paid	-646	-297	-265	-321	-401.4	-
Other Financing Activities	-37	-54	-123	-25	-106.7	398.3
Financing Cash Flow	-1,685	146	-111	42	-1,394	1,180
Net Cash Flow	-963	-105	16	-137	844.2	87.7
Free Cash Flow	2,963	1,593	244	905	1,409	503.1
Free Cash Flow Growth	1799.36%	552.87%	-73.04%	-35.75%	179.98%	-62.32%
Free Cash Flow Margin	28.10%	15.32%	2.34%	10.10%	9.67%	3.65%
Free Cash Flow Per Share	4.13	2.23	0.34	1.27	1.97	0.70
Cash Interest Paid	242	264	206	181	-	-
Cash Income Tax Paid	430	260	100	317	72.4	83.3
Levered Free Cash Flow	2,326	1,064	974.5	-14,499	907.5	-170.19
Unlevered Free Cash Flow	2,455	1,204	1,091	-14,404	1,008	-68
Change in Working Capital	1,348	914	586	1,093	-295.9	-133

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