Phoenix Group Holdings plc (LON: PHNX)

Phoenix Group Holdings Cash Flow Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net Income	-116	-116	-2,724	-837	798	85
Depreciation & Amortization	23	23	19	18	28	18
Amortization of Goodwill & Intangibles	6	6	6	20	18	20
Total Depreciation & Amortization	29	29	25	38	46	38
Gain (Loss) on Sale of Assets	-	-	-	-93	-	-
Gain (Loss) on Sale of Investments	-11,045	-11,045	45,197	-9,436	-10,891	-18,784
Reinsurance Recoverable	-1,439	-1,439	1,553	-227	708	-295
Change in Insurance Reserves / Liabilities	17,653	17,653	-42,146	6,248	6,374	11,708
Change in Other Net Operating Assets	-6,895	-6,895	-1,723	3,377	9,375	6,793
Other Operating Activities	248	248	-1,044	467	-190	145
Operating Cash Flow	-863	-863	866	-1,020	6,754	68
Operating Cash Flow Growth	-	-	-	-	9832.35%	-
Investing Cash Flow	-20	-20	-	304	-979	-
Long-Term Debt Issued	410	410	61	17	1,445	100
Total Debt Issued	410	410	61	17	1,445	100
Total Debt Repaid	-422	-422	-496	-356	-73	-149
Net Debt Issued (Repaid)	-12	-12	-435	-339	1,372	-49
Issuance of Common Stock	6	6	4	2	2	2
Total Dividends Paid	-549	-549	-525	-511	-432	-367
Other Financing Activities	-214	-214	-226	-246	-185	-114
Financing Cash Flow	-769	-769	-1,182	-1,094	757	-528
Miscellaneous Cash Flow Adjustments	-52	-52	-33	-76	-	-
Net Cash Flow	-1,704	-1,704	-349	-1,886	6,532	-460
Free Cash Flow	-863	-863	866	-1,020	6,754	68
Free Cash Flow Growth	-	-	-	-	9832.35%	-
Free Cash Flow Per Share	-0.86	-0.86	0.87	-1.02	7.98	0.09
Levered Free Cash Flow	20,036	20,036	-21,908.13	-20,255.63	40,310	8,611
Unlevered Free Cash Flow	20,197	20,197	-21,764.38	-20,104.38	40,457	8,712
Change in Net Working Capital	-19,449	-19,449	20,605	19,844	-39,208	-7,827

Source: S&P Capital IQ. Insurance template.