Direct Line Insurance Group plc (LON:DLG)

LON:DLG Cash Flow Statement

Financials in millions GBP. 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	162.6	222.9	-231.9	343.7	367.2
Depreciation & Amortization	139.5	123.5	115	94	79.2
Gain (Loss) on Sale of Assets	7.1	-434.7	10.4	95.6	4.9
Stock-Based Compensation	14.6	13.9	8.2	18.4	18.5
Change in Accounts Receivable	-0.3	11.9	-17.4	85.4	-1.6
Reinsurance Recoverable	-456.2	-271.2	69.3	-	-
Change in Accounts Payable	-4	10	-23.1	-111	106.8
Change in Insurance Reserves / Liabilities	-151.9	613	-99.8	-21.1	-91.3
Change in Other Net Operating Assets	14.5	2.6	13.1	0.9	-5.8
Other Operating Activities	-543.9	6	932	-70	99.7
Operating Cash Flow	-364.5	404.9	800.2	439	584.7
Operating Cash Flow Growth	-	-49.40%	82.28%	-24.92%	26.53%
Capital Expenditures	-13.3	-18.9	-11.7	-29.3	-20.1
Sale of Property, Plant & Equipment	-	21.9	19.3	-	-
Purchase / Sale of Intangible Assets	-93.2	-124.1	-108.4	-108.6	-140.7
Cash Acquisitions	-	-0.6	-	-0.8	-0.2
Investing Cash Flow	-106.5	398.3	-100.8	-138.7	-161
Long-Term Debt Issued	-	-	-	-	257.2
Total Debt Repaid	-12.5	-10.8	-258.9	-101.9	-12.5
Net Debt Issued (Repaid)	-12.5	-10.8	-258.9	-101.9	244.7
Repurchases of Common Stock	-7.2	-10.2	-61.1	-121.3	-53.8
Common Dividends Paid	-94.8	-16.6	-314.5	-300.8	-100.4
Other Financing Activities	-15.1	-14.2	-23	-48	-46.8
Financing Cash Flow	-129.6	-51.8	-657.5	-572	-151.8
Net Cash Flow	-600.6	751.4	41.9	-271.7	271.9
Free Cash Flow	-377.8	386	788.5	409.7	564.6
Free Cash Flow Growth	-	-51.05%	92.46%	-27.43%	25.41%
Free Cash Flow Margin	-7.89%	10.32%	27.41%	12.75%	17.49%
Free Cash Flow Per Share	-0.29	0.29	0.60	0.30	0.41
Cash Interest Paid	15.1	14.2	23	31.4	30.2
Cash Income Tax Paid	-13.9	30.9	44.5	118.4	134
Levered Free Cash Flow	361.18	-183.8	-4,784	319.51	211.68
Unlevered Free Cash Flow	370.61	-174.86	-4,771	342.83	232.05
Change in Net Working Capital	-88.7	119.2	4,667	-26.7	41.6

Updated Mar 11, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.