NGX:INTENEGINS Cash Flow Statement

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

Millions NGN. 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	868.67	2,954	850.66	232.9	-704.55
Depreciation & Amortization	195.59	169.09	77.01	26.92	82.15
Other Amortization	-	-	1.51	0.02	3.81
Gain (Loss) on Sale of Assets	-	-	1.18	1,545	-
Gain (Loss) on Sale of Investments	-	-	-35.47	112.54	8.05
Change in Accounts Receivable	-	-	-8.64	-	-23.78
Reinsurance Recoverable	-	-	-44.62	-18.57	31.63
Change in Accounts Payable	-	-	-	-1.61	31.55
Change in Insurance Reserves / Liabilities	-	-	-430.24	81.32	137.51
Change in Other Net Operating Assets	-	-	1,551	-357.88	76.06
Other Operating Activities	-3,480	-3,703	-199.88	-252.56	517.25
Operating Cash Flow	-2,416	-579.92	1,777	-601.2	-49.98
Capital Expenditures	-339.71	-397.62	-675.1	-189.52	-24.24
Sale of Property, Plant & Equipment	24.46	17.92	1.22	0.26	-
Purchase / Sale of Intangible Assets	-94.47	-194.7	-36.72	-2.37	-3.19
Investment in Securities	57.3	711.61	-3,600	-	-
Other Investing Activities	828.9	4,387	1,979	24.29	53.79
Investing Cash Flow	4,467	4,507	-2,344	732.67	26.37
Total Debt Repaid	-6.94	-22.01	-37.54	-	-12
Net Debt Issued (Repaid)	-6.94	-22.01	-37.54	-	-12
Issuance of Common Stock	-	-	-	5,000	-
Other Financing Activities	-2.06	-3,012	-258.98	-0.89	-8.71
Financing Cash Flow	-9	-3,034	-296.51	4,999	-20.71
Foreign Exchange Rate Adjustments	-3.25	27.23	9.76	2.88	3.55
Miscellaneous Cash Flow Adjustments	-	-0	-	-	0
Net Cash Flow	2,038	920.17	-853.48	5,133	-40.77
Free Cash Flow	-2,756	-977.54	1,102	-790.72	-74.21
Free Cash Flow Margin	-47.03%	-11.20%	40.80%	-69.04%	-4.55%
Free Cash Flow Per Share	-1.09	-0.76	0.86	-0.62	-0.06
Cash Interest Paid	2.06	12.38	8.68	-	8.71
Cash Income Tax Paid	154.75	153.26	105.82	212.59	4.3
Levered Free Cash Flow	-1,093	974.28	2.11	-1,569	75.79
Unlevered Free Cash Flow	-849.09	1,442	19.33	-1,563	81.24
Change in Working Capital	-	-	1,067	-296.74	251.65

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.