Cornerstone 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	12,094	12,222	25,583	13,701	0.07	3,511
Depreciation & Amortization	611.32	479.97	369.94	257.89	207.15	212.35
Other Operating Activities	-4,398	-5,049	-24,552	-9,545	2,016	-2,976
Operating Cash Flow	8,308	7,653	1,401	4,414	2,223	747.66
Operating Cash Flow Growth	-	446.22%	-68.26%	98.58%	197.33%	-58.02%
Capital Expenditures	-1,030	-1,013	-383.75	-599.61	-270.05	-283.08
Sale of Property, Plant & Equipment	12.84	12.84	9.86	33.85	9.07	0.14
Purchase / Sale of Intangible Assets	-0.84	-0.84	-12.57	-7.44	-0.32	-7.56
Investment in Securities	-13,513	-6,259	-9,613	-3,863	-5,587	-1,067
Other Investing Activities	7,563	6,576	6,445	2,522	963.58	1,534
Investing Cash Flow	-6,968	-683.95	-3,554	-1,914	-4,883	175.06
Repurchases of Common Stock	-	-	-	-	-	-8.69
Common Dividends Paid	-4,905	-4,905	-2,907	-	-908.32	-
Other Financing Activities	-	-	-	-	-0.63	-62.04
Financing Cash Flow	-4,905	-4,905	-2,907	-	-908.95	-70.73
Foreign Exchange Rate Adjustments	-2,657	-1,955	9,904	5,831	52.52	1,888
Miscellaneous Cash Flow Adjustments	-	-	-	0	-	-
Net Cash Flow	-6,222	108.41	4,844	8,332	-3,517	2,740
Free Cash Flow	7,278	6,640	1,017	3,815	1,953	464.59
Free Cash Flow Growth	-	552.73%	-73.33%	95.34%	320.37%	-71.56%
Free Cash Flow Margin	10.89%	10.78%	2.40%	13.13%	8.81%	3.96%
Free Cash Flow Per Share	0.40	0.37	0.06	0.21	0.11	0.03
Cash Income Tax Paid	620.67	620.67	312.83	223.59	248.23	154.91
Levered Free Cash Flow	-21,471	-23,146	-5,245	8,932	-15,475	1,422
Unlevered Free Cash Flow	-21,471	-23,146	-5,245	8,932	-15,475	1,422