Legal & General Group Cash Flow Statement

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

Millions GBP. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2016 - 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	2016 - 2020
Net Income	284	191	457	783	2,050	1,607	Upgrade
Depreciation & Amortization	49	49	48	57	54	73	Upgrade
Other Amortization	56	56	48	45	39	-	Upgrade
Gain (Loss) on Sale of Assets	-150	-42	925	-	-	-	Upgrade
Gain (Loss) on Sale of Investments	-7,021	-8,496	-22,492	107,469	-26,062	-28,530	Upgrade
Change in Insurance Reserves / Liabilities	6,638	2,372	11,153	-15,625	726	11,607	Upgrade
Change in Other Net Operating Assets	16,180	2,802	6,455	-92,392	18,366	13,582	Upgrade
Other Operating Activities	-219	-390	-2,055	-901	-7	-557	Upgrade
Operating Cash Flow	-1,489	-4,446	-14,244	20,464	-169	4,301	Upgrade
Capital Expenditures	-98	-95	-237	-187	-205	-198	Upgrade
Sale of Property, Plant & Equipment	-	-	-	-	-	34	Upgrade
Cash Acquisitions	-	-	-9	-2	-	1	Upgrade
Investment in Securities	-72	-121	-176	-37	121	-16	Upgrade
Investing Cash Flow	285	239	-422	-226	133	-457	Upgrade
Long-Term Debt Issued	-	2,325	1,226	945	449	1,086	Upgrade
Total Debt Repaid	-2,134	-508	-576	-781	-835	-538	Upgrade
Net Debt Issued (Repaid)	464	1,817	650	164	-386	548	Upgrade
Issuance of Common Stock	13	6	12	6	6	501	Upgrade
Repurchases of Common Stock	-549	-234	-18	-59	-34	-23	Upgrade
Common Dividends Paid	-1,282	-1,258	-1,200	-1,144	-1,091	-1,055	Upgrade
Financing Cash Flow	-1,354	331	-556	-1,033	-1,505	-29	Upgrade
Foreign Exchange Rate Adjustments	-84	20	-49	92	8	-28	Upgrade
Miscellaneous Cash Flow Adjustments	-809	-	-	-	-	-	Upgrade
Net Cash Flow	-3,451	-3,856	-15,271	19,297	-1,533	3,787	Upgrade
Free Cash Flow	-1,587	-4,541	-14,481	20,277	-374	4,103	Upgrade
Free Cash Flow Margin	-12.75%	-37.94%	-120.83%	169.63%	-3.88%	22.79%	Upgrade
Free Cash Flow Per Share	-0.26	-0.76	-2.31	3.23	-0.06	0.65	Upgrade
Cash Interest Paid	361	365	469	290	301	301	Upgrade
Cash Income Tax Paid	7	-31	7	366	376	417	Upgrade
Levered Free Cash Flow	6,980	-15,593	-25,568	-422,182	53,602	-32,652	Upgrade
Unlevered Free Cash Flow	7,209	-15,360	-25,351	-422,001	53,751	-32,500	Upgrade
Change in Working Capital	5,498	4,172	8,786	-86,990	23,708	31,708	Upgrade

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.