ageas 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	1,153	1,118	953	1,097	845	1,141
Depreciation & Amortization	333	316	31	377	393	408
Other Amortization	20	20	15	12	440	446
Gain (Loss) on Sale of Assets	-	-	-	-	-120	-541
Gain (Loss) on Sale of Investments	28	21	26	61	-145	42
Stock-Based Compensation	3	5	-2	3	7	3
Change in Accounts Receivable	-84	-84	-943	-	-	-
Reinsurance Recoverable	-457	-279	-169	-176	-57	-176
Change in Income Taxes	-231	-189	-226	-160	-	-205
Change in Insurance Reserves / Liabilities	156	-252	-415	605	322	1,547
Change in Other Net Operating Assets	450	-155	20	-1,329	-2,726	-4,115
Other Operating Activities	961	1,077	1,234	1,030	216	431
Operating Cash Flow	1,827	1,045	121	1,019	-1,065	-1,329
Operating Cash Flow Growth	149.25%	763.64%	-88.13%	-	-	-
Capital Expenditures	-250	-243	-146	-82	-50	-262
Sale of Property, Plant & Equipment	3	3	21	21	24	7
Purchase / Sale of Intangible Assets	-133	-158	-90	-66	-97	-94
Cash Acquisitions	-47	-64	-91	-493	-233	-440
Investment in Securities	93	903	958	-271	1,796	1,476
Other Investing Activities	-185	-501	538	-15	23	68
Investing Cash Flow	-412	93	1,353	-617	1,439	635
Long-Term Debt Issued	-	175	34	34	-	498
Total Debt Repaid	-79	-240	-117	-167	-	-507
Net Debt Issued (Repaid)	450	-65	-83	-133	-	-9
Repurchases of Common Stock	-180	-75	-	-93	-59	-143
Common Dividends Paid	-626	-584	-540	-765	-485	-485
Other Financing Activities	-248	-228	-242	-268	-140	-167
Financing Cash Flow	-60	-952	-865	-1,259	-684	-804
Foreign Exchange Rate Adjustments	-28	15	1	-20	6	-6
Net Cash Flow	1,327	201	610	-877	-304	-1,504
Free Cash Flow	1,577	802	-25	937	-1,115	-1,591
Free Cash Flow Growth	181.61%	-	-	-	-	-
Free Cash Flow Margin	18.32%	9.42%	-0.33%	13.40%	-8.28%	-13.32%
Free Cash Flow Per Share	8.55	4.37	-0.14	5.08	-5.97	-8.46
Cash Interest Paid	277	294	242	174	142	132
Cash Income Tax Paid	231	189	226	160	263	205
Levered Free Cash Flow	1,160	-719	-1,399	-27,056	1,606	1,204
Unlevered Free Cash Flow	1,304	-568.38	-1,255	-26,972	1,681	1,274
Change in Working Capital	-166	-959	-1,733	-1,060	-2,461	-2,949

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