Madison Financial Services Plc (LUSE:MAFS)

LUSE:MAFS Cash Flow Statement

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

Fiscal Year	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014
Period Ending	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014
Net Income	-7.92	-28.04	12.38	5.35	32.87
Depreciation & Amortization	10.86	12.32	10.97	8.83	7.6
Other Amortization	2.2	1.66	1.89	1.71	2.45
Gain (Loss) on Sale of Assets	-0.26	-0.08	-0.9	-0.24	-0.19
Gain (Loss) on Sale of Investments	0.74	-1.89	2.38	0.49	-3.77
Change in Accounts Receivable	9	-40.49	1	-32.18	-6.35
Change in Insurance Reserves / Liabilities	74.51	122.16	91.59	113.62	100.13
Change in Other Net Operating Assets	-7.46	64.95	-5.43	5.99	-31.2
Other Operating Activities	32.79	28.22	14.11	-20.74	-0.93
Operating Cash Flow	108.91	139.86	109.89	48.18	90.29
Operating Cash Flow Growth	-22.13%	27.27%	128.11%	-46.64%	161.19%
Capital Expenditures	-13.54	-4.84	-10.69	-10.51	-12.48
Sale of Property, Plant & Equipment	0.47	1.11	3.08	0.94	0.59
Purchase / Sale of Intangible Assets	-2.65	-2.4	-13.57	-4.58	-3.39
Investment in Securities	-7.3	-19.84	-21.01	-43.3	-36.82
Other Investing Activities	0.58	0.3	0.56	0.14	0.08
Investing Cash Flow	-30.75	-46.65	-69.82	-62.24	-92.43
Long-Term Debt Issued	4.97	55.13	52.44	36.89	36.52
Total Debt Repaid	-71.62	-81.41	-78.55	-	-
Net Debt Issued (Repaid)	-66.65	-26.28	-26.11	36.89	36.52
Common Dividends Paid	-3	-9	-7	-10	-0.97
Other Financing Activities	-	-	-	-0.73	-1.61
Financing Cash Flow	-69.65	-35.28	-33.11	26.16	33.94
Foreign Exchange Rate Adjustments	-0.28	0.51	-0.12	-	-
Net Cash Flow	8.23	58.45	6.85	12.09	31.8
Free Cash Flow	95.37	135.02	99.2	37.67	77.81
Free Cash Flow Growth	-29.37%	36.11%	163.37%	-51.59%	479.98%
Free Cash Flow Margin	15.84%	26.02%	18.16%	8.05%	19.51%
Free Cash Flow Per Share	1.91	2.70	1.98	0.75	1.56
Cash Interest Paid	102.23	95.04	105.09	126.43	52.85
Cash Income Tax Paid	6.13	5.25	3.04	9.21	11.95
Levered Free Cash Flow	257.31	229.32	-36.67	28.73	22.11
Unlevered Free Cash Flow	339.93	304.31	45.68	82.61	51.97
Change in Net Working Capital	-254.03	-237.09	20.7	-26.36	-3.81

Updated Nov 4, 2024. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.