Zambia Reinsurance PLC (LUSE:ZMRE)

Zambia Reinsurance Cash Flow Statement

Financials in millions ZMW. 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	28.46	15.51	2.54	1.31	6.73
Depreciation & Amortization	1.35	1	0.63	0.59	0.72
Gain (Loss) on Sale of Assets	-0.08	-1.13	0.02	0.83	-0.67
Gain (Loss) on Sale of Investments	0.06	0	-	-	-
Change in Accounts Receivable	-10.82	7.52	-16.69	9.87	16.99
Reinsurance Recoverable	-18.94	-9.8	-3.47	-	-
Change in Insurance Reserves / Liabilities	23.54	-6.04	23.75	-0.15	1.21
Change in Other Net Operating Assets	-16.43	-4.81	-3.38	0.19	-9.87
Other Operating Activities	1.66	2.55	2.62	-1.42	3.9
Operating Cash Flow	11.7	3.32	5.46	13.37	9.23
Operating Cash Flow Growth	252.45%	-39.18%	-59.17%	44.88%	1545.42%
Capital Expenditures	-1.4	-3.18	-0.78	-0.5	-1.15
Sale of Property, Plant & Equipment	0.11	0.3	0	0.23	-
Investment in Securities	-23.6	16.82	-5.98	-18.12	-34.12
Investing Cash Flow	-24.88	13.94	-6.77	-18.42	-35.29
Issuance of Common Stock	-	-	-	-	40.5
Common Dividends Paid	-2	-2.02	-2.65	-	-2.1
Other Financing Activities	-	-	-	-	-3.05
Financing Cash Flow	-2	-2.02	-2.65	-	35.35
Foreign Exchange Rate Adjustments	-	0.83	-0.02	-0.95	0.67
Net Cash Flow	-15.18	16.08	-3.99	-5.99	9.96
Free Cash Flow	10.31	0.14	4.68	12.87	8.08
Free Cash Flow Growth	7047.80%	-96.92%	-63.65%	59.26%	1514.84%
Free Cash Flow Margin	5.62%	0.12%	3.87%	23.52%	17.76%
Free Cash Flow Per Share	0.23	0.00	0.10	0.29	0.18
Cash Income Tax Paid	2.23	2.49	3.48	2.94	1.24
Levered Free Cash Flow	-28.23	1.8	2.17	-0.72	-33.33
Unlevered Free Cash Flow	-28.23	1.8	2.17	-0.72	-33.33
Change in Net Working Capital	42.6	-0.23	1.83	7.85	32.7

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