ASR Nederland Cash Flow Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 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
Net Income	1,146	946	1,086	-1,709	942	657
Depreciation & Amortization	113	113	78	48	30	25
Other Amortization	-	-	-	-	22	23
Gain (Loss) on Sale of Investments	540	540	59	6	-86	163
Change in Accounts Receivable	616	616	2,281	-3,477	-2,626	-1,482
Reinsurance Recoverable	-48	-48	31	141	66	88
Change in Insurance Reserves / Liabilities	-1,665	-1,665	-1,261	-12,069	-545	2,505
Change in Other Net Operating Assets	-1,371	-1,785	844	16,891	2,255	-1,812
Other Operating Activities	729	572	451	-815	138	84
Operating Cash Flow	72	-699	3,597	-961	198	354
Operating Cash Flow Growth	-83.14%	-	-	-	-44.07%	-
Capital Expenditures	-17	-25	-29	-179	-386	-14
Sale of Property, Plant & Equipment	2	1	-	1	-	-
Purchase / Sale of Intangible Assets	-4	-5	-5	-11	-1	-1
Cash Acquisitions	-2	1	2,255	-13	-88	-33
Investment in Securities	-9	-15	-20	-	13	1
Other Investing Activities	-	-	-	-	-1	-
Investing Cash Flow	-1,831	-1,941	2,201	-202	-463	-47
Long-Term Debt Issued	-	310	1,165	987	113	4
Total Debt Repaid	-1,060	-599	-753	-13	-16	-8
Net Debt Issued (Repaid)	-250	-289	412	974	97	-4
Issuance of Common Stock	500	500	-	586	-	-
Repurchases of Common Stock	-343	-605	-5	-71	-79	-74
Common Dividends Paid	-649	-626	-482	-347	-285	-272
Other Financing Activities	-40	-56	-55	-38	-25	-49
Financing Cash Flow	-782	-1,076	-130	1,104	-292	-399
Foreign Exchange Rate Adjustments	7	-	-4	-	-	-
Net Cash Flow	-2,534	-3,716	5,664	-59	-557	-92
Free Cash Flow	55	-724	3,568	-1,140	-188	340
Free Cash Flow Growth	-85.90%	-	-	-	-	-
Free Cash Flow Margin	0.34%	-4.79%	28.49%	-28.79%	-1.93%	4.48%
Free Cash Flow Per Share	0.24	-3.12	17.80	-8.32	-1.19	2.12
Cash Interest Paid	3,587	3,587	2,188	383	370	330
Cash Income Tax Paid	-	102	82	202	131	87
Levered Free Cash Flow	1,421	-10,729	-30,556	-41,140	5,155	-3,475
Unlevered Free Cash Flow	2,408	-10,442	-30,388	-41,080	5,368	-3,292
Change in Working Capital	-2,468	-2,882	1,895	1,486	-850	-701

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