AXA Mansard Insurance Cash Flow Statement

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

Millions NGN. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Net Income	1,086	24,871	11,485	2,749	3,165	4,809	Upgrade
Depreciation & Amortization	905.49	1,151	966.44	918.5	778.12	732.05	Upgrade
Other Amortization	431.66	244.66	136.78	104.19	117.99	74.86	Upgrade
Other Operating Activities	40,141	11,173	8,882	-5,937	3,678	-7,661	Upgrade
Operating Cash Flow	42,565	37,440	21,470	-2,165	7,739	-2,045	Upgrade
Operating Cash Flow Growth	599.24%	74.39%	-	-	-	-	Upgrade
Capital Expenditures	-2,325	-1,571	-1,440	-1,119	-1,004	-1,061	Upgrade
Sale of Property, Plant & Equipment	21.7	15.3	14.84	5.74	33.96	51.96	Upgrade
Purchase / Sale of Intangible Assets	-204.73	-274.56	-646.94	-149.14	-159.14	-159.63	Upgrade
Investment in Securities	-37,218	-50,471	-9,636	-4,969	-8,256	3,035	Upgrade
Other Investing Activities	1,469	11,325	6,203	7,763	1,737	3,128	Upgrade
Investing Cash Flow	-38,257	-40,976	-5,506	1,531	-7,648	9,112	Upgrade
Total Debt Repaid	890.83	-338.07	-501.8	-915.54	-715.54	-4,710	Upgrade
Net Debt Issued (Repaid)	890.83	-338.07	-501.8	-915.54	-715.54	-4,710	Upgrade
Common Dividends Paid	-4,050	-3,060	-3,240	-2,790	-1,980	-	Upgrade
Other Financing Activities	-424.95	-	-	-	-	-326.02	Upgrade
Financing Cash Flow	-3,584	-3,398	-3,742	-3,706	-2,696	-5,036	Upgrade
Foreign Exchange Rate Adjustments	-1,457	818.01	481.23	466.17	-303.91	309.24	Upgrade
Miscellaneous Cash Flow Adjustments	-0	-	-	-0	0	-	Upgrade
Net Cash Flow	-733.58	-6,116	12,703	-3,873	-2,908	2,340	Upgrade
Free Cash Flow	40,239	35,869	20,029	-3,285	6,735	-3,106	Upgrade
Free Cash Flow Growth	719.03%	79.08%	-	-	-	-	Upgrade
Free Cash Flow Margin	23.06%	24.54%	22.15%	-4.24%	15.23%	-7.69%	Upgrade
Free Cash Flow Per Share	4.47	3.98	2.23	-0.36	0.75	-0.34	Upgrade
Cash Interest Paid	424.95	-	-	-	-	-	Upgrade
Cash Income Tax Paid	3,166	1,907	1,128	1,851	1,616	845.71	Upgrade
Levered Free Cash Flow	14,172	26,377	8,327	-44,159	13,616	3,818	Upgrade
Unlevered Free Cash Flow	14,876	26,992	9,190	-43,854	13,954	4,437	Upgrade

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