Jubilee Holdings Cash Flow Statement

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

Millions KES. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	5,551	4,793	2,459	5,402	6,514
Depreciation & Amortization	-	250.34	177.59	190.33	207.24
Other Amortization	-	58.23	38.06	-	28.55
Gain (Loss) on Sale of Assets	-	48.91	29.63	-2,157	-
Gain (Loss) on Sale of Investments	-	-3,758	3,996	54.19	-3,257
Change in Accounts Receivable	-	-	-	-	1,910
Reinsurance Recoverable	-	344.74	-931.04	-522.05	3,058
Change in Unearned Revenue	-	-	-	-	-2,100
Change in Insurance Reserves / Liabilities	-	22,979	15,410	16,481	-965.79
Change in Other Net Operating Assets	-	-234.54	2,102	372.25	5,208
Other Operating Activities	2,387	-15,430	-15,733	-17,039	-12,239
Operating Cash Flow	7,938	7,320	4,522	-62.54	-3,625
Operating Cash Flow Growth	8.45%	61.88%	-	-	-
Capital Expenditures	-	-474.94	-742.36	-322.65	-1,002
Sale of Property, Plant & Equipment	-	-	-	1.66	-
Purchase / Sale of Intangible Assets	-	-114.91	-84.93	-	-
Investment in Securities	-	-20,406	-13,568	-54.91	-12,316
Other Investing Activities	-5,363	16,388	14,548	-	9,147
Investing Cash Flow	-5,363	-4,634	149.36	1,206	394.13
Total Debt Repaid	-	-144.33	-1,412	-731.79	-431.46
Net Debt Issued (Repaid)	-	-144.33	-1,412	-731.79	-431.46
Common Dividends Paid	-	-1,036	-942.15	-604.22	-612.59
Other Financing Activities	-1,100	-61.85	-129.38	-	-
Financing Cash Flow	-1,100	-1,243	-2,483	-1,698	-1,044
Foreign Exchange Rate Adjustments	-	-757.47	-879.23	-200.69	70.26
Miscellaneous Cash Flow Adjustments	-0	-	-	-	-
Net Cash Flow	1,476	685.92	1,309	-755.23	-4,205
Free Cash Flow	7,938	6,845	3,780	-385.19	-4,628
Free Cash Flow Growth	15.97%	81.10%	-	-	-
Free Cash Flow Margin	23.88%	22.40%	17.47%	-1.84%	-12.78%
Free Cash Flow Per Share	114.41	94.47	52.16	-5.32	-63.85
Cash Interest Paid	-	61.85	129.38	-	-
Cash Income Tax Paid	-	430.12	436.77	784.36	1,543
Levered Free Cash Flow	-	-3,155	-17,041	-56,142	-11,733
Unlevered Free Cash Flow	-	-2,997	-16,842	-55,978	-11,665
Change in Working Capital	-	23,064	16,704	15,649	6,754

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