Universal Insurance Cash Flow Statement

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

Millions NGN. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	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	1,545	530.06	314.51	151.43	1,136	Upgrade
Depreciation & Amortization	245.56	200.69	119.61	95.49	83.74	Upgrade
Other Amortization	21.95	21.36	19.67	19.08	16.07	Upgrade
Other Operating Activities	1,272	1,192	-576.54	-259.75	-908.62	Upgrade
Operating Cash Flow	3,084	1,944	-122.76	6.24	327.29	Upgrade
Operating Cash Flow Growth	58.67%	-	-	-98.09%	-	Upgrade
Capital Expenditures	-684.29	-1,684	-	-46.28	-23.66	Upgrade
Sale of Property, Plant & Equipment	-	-	84.84	-	-	Upgrade
Purchase / Sale of Intangible Assets	-20.26	-20.26	-21.29	-25.39	-23.86	Upgrade
Investment in Securities	-	-	-20	-	-	Upgrade
Other Investing Activities	126.88	323.59	79.21	10.33	1.07	Upgrade
Investing Cash Flow	-577.67	-1,380	122.76	-61.34	-46.45	Upgrade
Miscellaneous Cash Flow Adjustments	0	-	-	-0	-	Upgrade
Net Cash Flow	2,506	563.36	-	-55.1	280.84	Upgrade
Free Cash Flow	2,400	260.04	-122.76	-40.04	303.63	Upgrade
Free Cash Flow Growth	822.79%	-	-	-	-	Upgrade
Free Cash Flow Margin	18.93%	3.03%	-2.44%	-1.37%	8.46%	Upgrade
Free Cash Flow Per Share	0.15	0.02	-0.01	-0.00	0.02	Upgrade
Cash Income Tax Paid	19.25	6.46	0.03	10.13	25.32	Upgrade
Levered Free Cash Flow	-3.43	49.49	-1,360	609.77	1,200	Upgrade
Unlevered Free Cash Flow	-3.43	49.49	-1,360	609.77	1,200	Upgrade
Change in Net Working Capital	543.11	-1,266	1,413	-483.42	-411.37	Upgrade

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