AIICO Insurance Cash Flow Statement

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

Millions NGN. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	18,274	17,771	15,195	12,082	5,054	4,853
Depreciation & Amortization	1,143	1,143	945.68	917.05	849.61	714.34
Other Amortization	233.26	233.26	88.12	39.39	39.72	30.24
Other Operating Activities	59,477	49,146	29,354	373.85	-9,131	-17,154
Operating Cash Flow	79,128	68,293	45,582	13,412	-3,188	-11,556
Operating Cash Flow Growth	35.80%	49.83%	239.85%	-	-	-
Capital Expenditures	-3,820	-3,524	-1,889	-1,424	-1,410	-864.11
Sale of Property, Plant & Equipment	38.55	37.52	12.12	83.26	41.02	11.22
Purchase / Sale of Intangible Assets	-383.85	-383.85	-323.22	-18.35	-33.64	-75.9
Investment in Securities	-138,257	-98,743	-62,865	-34,046	-20,959	-11,926
Other Investing Activities	57,026	47,396	35,007	23,211	16,445	19,774
Investing Cash Flow	-83,895	-52,840	-29,909	-11,955	-5,731	6,919
Common Dividends Paid	-2,562	-2,562	-1,830	-1,098	-732.11	-
Financing Cash Flow	-2,562	-2,562	-1,830	-1,098	-732.11	-
Foreign Exchange Rate Adjustments	-2,286	-1,279	2,929	2,155	76.42	-25.6
Miscellaneous Cash Flow Adjustments	0	0	-	-0	-0	-1,761
Net Cash Flow	-9,615	11,612	16,772	2,514	-9,575	-6,423
Free Cash Flow	75,308	64,769	43,693	11,989	-4,598	-12,421
Free Cash Flow Growth	33.30%	48.24%	264.45%	-	-	-
Free Cash Flow Margin	41.97%	37.85%	35.12%	12.80%	-5.61%	-29.08%
Free Cash Flow Per Share	2.04	1.77	1.19	0.33	-0.13	-0.34
Cash Interest Paid	8,572	8,669	3,763	3,502	3,723	-
Cash Income Tax Paid	623.4	623.4	435.31	328.44	162.99	201.79
Levered Free Cash Flow	-26,023	-28,314	-71,087	56,019	-69,440	30,514
Unlevered Free Cash Flow	1,103	-1,188	-50,760	71,443	-55,406	30,514

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