Coronation Insurance Cash Flow Statement

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

Millions NGN. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	7,515	11,911	1,819	-1,968	-2,583
Depreciation & Amortization	975.01	1,447	488.75	381.36	431.95
Other Amortization	460.51	211.97	228.44	146.54	182.76
Other Operating Activities	2,717	7,756	6,448	589.67	556.45
Operating Cash Flow	11,668	21,326	8,984	-850.06	-1,412
Operating Cash Flow Growth	-45.29%	137.38%	-	-	-
Capital Expenditures	-1,213	-970.17	-852.13	-467.89	-418.99
Sale of Property, Plant & Equipment	-	-	-	-	55.03
Purchase / Sale of Intangible Assets	-289.04	-1,449	-975.27	-541.1	-101.75
Investment in Securities	-5,580	-13,535	-5,279	-2,124	5,308
Other Investing Activities	138.82	2,308	456.84	1,070	1,133
Investing Cash Flow	-7,345	-13,558	-6,649	-2,063	5,976
Total Debt Repaid	-201.34	-162.77	-20.68	-3.44	-49.47
Net Debt Issued (Repaid)	-201.34	-162.77	-20.68	-3.44	-49.47
Other Financing Activities	-54.48	-60.69	-0.91	-0.97	-14
Financing Cash Flow	-255.82	-223.46	-21.59	-4.41	-63.47
Foreign Exchange Rate Adjustments	-811.86	-727.01	13.79	1,714	15.23
Miscellaneous Cash Flow Adjustments	-0	-	-	-	136.36
Net Cash Flow	3,255	6,818	2,327	-1,203	4,653
Free Cash Flow	10,455	20,356	8,132	-1,318	-1,831
Free Cash Flow Growth	-48.64%	150.32%	-	-	-
Free Cash Flow Margin	12.98%	40.02%	31.70%	-11.81%	-15.99%
Free Cash Flow Per Share	0.44	0.85	0.34	-0.06	-0.08
Cash Interest Paid	54.48	60.69	0.91	0.97	14
Cash Income Tax Paid	1,082	358.71	249.16	25.97	166.16
Levered Free Cash Flow	-9,594	7,161	993.83	-6,961	830.06
Unlevered Free Cash Flow	-9,594	7,161	993.83	-6,961	864.41

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