Linkage Assurance Plc (NGX:LINKASSURE)

Linkage Assurance Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	4,507	5,552	5,282	1,746	-3,991	2,395
Depreciation & Amortization	489.78	483.45	271.84	230.22	197.99	150.54
Other Amortization	-	-	-	-	-	6.12
Gain (Loss) on Sale of Assets	-	-	-	-	-0.04	4.2
Change in Accounts Payable	-	-	-	-	60.97	340.45
Change in Other Net Operating Assets	-	-	-	-	812.02	116.19
Other Operating Activities	-3,610	-7,715	-4,714	-3,214	1,694	-3,686
Operating Cash Flow	1,386	-1,679	839.16	-1,239	-1,190	-600.95
Capital Expenditures	-261.48	-466.44	-1,232	-334.35	-298.3	-57.78
Sale of Property, Plant & Equipment	31.46	81.16	26.19	30.34	1.09	1.15
Purchase / Sale of Intangible Assets	-0.43	-9.57	-31.71	-21.25	-47.76	-
Investment in Securities	-2,884	-4,054	-6,687	-1,872	-245.86	806.48
Other Investing Activities	6,938	5,807	6,293	4,045	2,100	1,770
Investing Cash Flow	3,520	1,430	-1,753	1,764	1,546	2,648
Total Debt Repaid	-	-	-	-	-0.22	-61.7
Net Debt Issued (Repaid)	-	-	-	-	-0.22	-61.7
Common Dividends Paid	-700	-700	-	-	-500	-
Other Financing Activities	-12.86	-12.86	-	-	-	-
Financing Cash Flow	-712.86	-712.86	-	-	-500.22	-61.7
Foreign Exchange Rate Adjustments	-1,806	952.15	2,233	193.96	28.27	-1.62
Miscellaneous Cash Flow Adjustments	-0	-	-	-	-	-
Net Cash Flow	2,387	-9.76	1,319	719.72	-116.01	1,983
Free Cash Flow	1,125	-2,146	-393.22	-1,573	-1,488	-658.73
Free Cash Flow Margin	4.67%	-10.59%	-2.71%	-11.48%	-20.40%	-7.37%
Free Cash Flow Per Share	0.06	-0.12	-0.02	-0.09	-0.08	-0.04
Cash Income Tax Paid	167.68	160.18	89.22	31.7	134.03	133.88
Levered Free Cash Flow	2,019	-19,307	12,351	-12,438	-6,849	11,154
Unlevered Free Cash Flow	2,019	-19,307	12,351	-12,438	-6,849	11,154
Change in Working Capital	-	-	-	-	872.99	456.63

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