Universal 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	2016 - 2020
Period Ending	Jun '25 Jun 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	2016 - 2020
Net Income	982.71	1,545	530.06	314.51	151.43	1,136	Upgrade
Depreciation & Amortization	113.14	245.56	200.69	119.61	95.49	83.74	Upgrade
Other Amortization	9.82	21.95	21.36	19.67	19.08	16.07	Upgrade
Other Operating Activities	842.25	1,272	1,192	-576.54	-259.75	-908.62	Upgrade
Operating Cash Flow	1,948	3,084	1,944	-122.76	6.24	327.29	Upgrade
Operating Cash Flow Growth	-39.35%	58.67%	-	-	-98.09%	-	Upgrade
Capital Expenditures	-790.65	-684.29	-1,684	-	-46.28	-23.66	Upgrade
Sale of Property, Plant & Equipment	-	-	-	84.84	-	-	Upgrade
Purchase / Sale of Intangible Assets	-15.85	-20.26	-20.26	-21.29	-25.39	-23.86	Upgrade
Investment in Securities	-	-	-	-20	-	-	Upgrade
Other Investing Activities	293.16	126.88	323.59	79.21	10.33	1.07	Upgrade
Investing Cash Flow	-513.34	-577.67	-1,380	122.76	-61.34	-46.45	Upgrade
Miscellaneous Cash Flow Adjustments	0	0	-	-	-0	-	Upgrade
Net Cash Flow	1,435	2,506	563.36	-	-55.1	280.84	Upgrade
Free Cash Flow	1,157	2,400	260.04	-122.76	-40.04	303.63	Upgrade
Free Cash Flow Growth	-24.49%	822.79%	-	-	-	-	Upgrade
Free Cash Flow Margin	6.64%	18.93%	3.03%	-2.44%	-1.37%	8.46%	Upgrade
Free Cash Flow Per Share	0.07	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	-2,807	-3.43	49.49	-1,360	609.77	1,200	Upgrade
Unlevered Free Cash Flow	-2,807	-3.43	49.49	-1,360	609.77	1,200	Upgrade

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