Standard Alliance Insurance Plc (NGX:FTGINSURE)

NGX:FTGINSURE Cash Flow Statement

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

Fiscal Year	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Net Income	-2,173	-1,216	24.8	58.55	-1,224
Depreciation & Amortization	96.21	139.84	144.59	174.59	194.04
Other Amortization	-	-	3.38	4.22	7.18
Other Operating Activities	1,400	798.24	166.28	165.87	694.11
Operating Cash Flow	-676.94	-277.66	339.04	403.24	-329.15
Operating Cash Flow Growth	-	-	-15.92%	-	-
Capital Expenditures	-3.71	-69.33	-2.18	-1.51	-44.21
Sale of Property, Plant & Equipment	700	-	-	2	3.75
Purchase / Sale of Intangible Assets	-	-	-	-	-15
Investment in Securities	-248.46	-94.83	-8.37	245.28	263.91
Other Investing Activities	198.43	171.41	-	35.64	28.88
Investing Cash Flow	700.25	7.25	-10.54	281.42	237.33
Long-Term Debt Issued	-	300	-	-	-
Total Debt Repaid	-112.56	-100.93	-36.09	-109.9	-112.08
Net Debt Issued (Repaid)	-112.56	199.07	-36.09	-109.9	-112.08
Other Financing Activities	-4.6	-15.33	24.65	-30.5	-45.4
Financing Cash Flow	-117.16	183.74	-11.45	-140.4	-157.48
Net Cash Flow	-93.84	-86.67	317.05	544.26	-249.3
Free Cash Flow	-680.65	-346.99	336.87	401.73	-373.36
Free Cash Flow Growth	-	-	-16.15%	-	-
Free Cash Flow Margin	-83.66%	-13.95%	9.26%	8.68%	-10.05%
Free Cash Flow Per Share	-0.05	-0.03	0.03	0.03	-0.03
Cash Interest Paid	4.6	15.33	2.76	16.6	26.96
Cash Income Tax Paid	5.88	3.7	13.75	22.5	94.25
Levered Free Cash Flow	-1,464	-394.75	-245.67	-290.24	807.19
Unlevered Free Cash Flow	-1,411	-345.83	-203.22	-239.9	925.88
Change in Net Working Capital	100.3	459.56	284.56	539.67	-1,580

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