Fortis Global 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	-2,161	-1,892	4,990	-1,816	-829.72	-1,725
Depreciation & Amortization	99.2	51.57	11.42	11.42	15.03	28.86
Other Amortization	10.84	1.43	-	-	-	-
Other Operating Activities	1,052	1,065	-5,057	1,798	-358.47	1,928
Operating Cash Flow	-998.92	-774.51	-54.92	-6.79	-1,173	231.91
Operating Cash Flow Growth	-	-	-	-	-	-
Capital Expenditures	-372.59	-269.03	-8.32	-	-0.78	-0.47
Sale of Property, Plant & Equipment	-	-	-	-	-	714.14
Purchase / Sale of Intangible Assets	-	-11.94	-	-	-	-
Investment in Securities	-	-	-	-	-198.22	57.43
Other Investing Activities	532.06	1,023	116.26	67.91	27.91	12.66
Investing Cash Flow	159.47	742.02	107.94	67.91	-171.09	783.76
Long-Term Debt Issued	-	12,000	-	-	-	-
Total Debt Repaid	-2,341	-	-	-	-	-100
Net Debt Issued (Repaid)	-2,538	12,000	-	-	-	-100
Other Financing Activities	-1,763	-1,440	-156.62	-112.62	76.69	-135.92
Financing Cash Flow	-4,301	10,560	-156.62	-112.62	76.69	-235.92
Miscellaneous Cash Flow Adjustments	-0	-	-	-	-	-
Net Cash Flow	-5,140	10,527	-103.61	-51.5	-1,268	779.75
Free Cash Flow	-1,372	-1,044	-63.24	-6.79	-1,174	231.44
Free Cash Flow Growth	-	-	-	-	-	-
Free Cash Flow Margin	-106.88%	-89.51%	-45.98%	-1.70%	-342.52%	55.95%
Free Cash Flow Per Share	-	-0.32	-0.02	-0.00	-0.36	0.07
Cash Interest Paid	1,763	1,440	156.62	-	-	135.92
Cash Income Tax Paid	0	-	-	-	-	45
Levered Free Cash Flow	-5,576	-1,504	-614.46	-32.67	-199.02	128.89
Unlevered Free Cash Flow	-4,448	-488.43	-544.07	37.72	-151.09	213.84