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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	-648.57	1,994	1,941	530.06	314.51	151.43
Depreciation & Amortization	284.76	351.07	308.85	200.69	119.61	95.49
Other Amortization	38.56	46.92	28.72	21.36	19.67	19.08
Other Operating Activities	-9,292	-8,818	228.67	1,198	-576.54	-259.75
Operating Cash Flow	-9,618	-6,426	2,507	1,950	-122.76	6.24
Operating Cash Flow Growth	-	-	28.58%	-	-	-98.09%
Capital Expenditures	-375.35	-337.24	-43.65	-1,684	-	-46.28
Sale of Property, Plant & Equipment	-	-	-	-	84.84	-
Purchase / Sale of Intangible Assets	-122.22	-125.28	-60.12	-20.26	-21.29	-25.39
Investment in Securities	-	-	-	-	-20	-
Other Investing Activities	246.41	430.39	205.91	323.59	79.21	10.33
Investing Cash Flow	-251.16	-32.13	-548.74	-1,380	122.76	-61.34
Miscellaneous Cash Flow Adjustments	-0	-0	-	-	-	-0
Net Cash Flow	-9,869	-6,458	1,959	569.7	-	-55.1
Free Cash Flow	-9,993	-6,763	2,464	266.37	-122.76	-40.04
Free Cash Flow Growth	-	-	824.90%	-	-	-
Free Cash Flow Margin	-41.43%	-28.23%	18.16%	3.15%	-2.44%	-1.37%
Free Cash Flow Per Share	-0.63	-0.42	0.15	0.02	-0.01	-0.00
Cash Income Tax Paid	401.3	187	31.3	6.46	0.03	10.13
Levered Free Cash Flow	-165.63	1,870	915.95	-507.48	-1,360	609.77
Unlevered Free Cash Flow	-165.63	1,870	915.95	-507.48	-1,360	609.77