Adamjee Insurance Company Cash Flow Statement

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

Millions PKR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 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	5,706	4,797	2,626	2,341	2,944	2,074
Depreciation & Amortization	444.17	345.84	336.64	346.56	338.36	375.07
Gain (Loss) on Sale of Assets	-330.56	-34.55	-25.82	-12.38	-23.8	-72.04
Gain (Loss) on Sale of Investments	-14,698	-11,338	-5,134	3,173	423.46	-1,281
Change in Unearned Revenue	3,738	5,628	4,347	3,986	2,644	-1,876
Change in Other Net Operating Assets	38,233	33,147	12,989	4,669	9,420	11,939
Other Operating Activities	-21,170	-23,126	-18,417	-10,040	-7,111	-4,834
Operating Cash Flow	11,586	9,081	-3,543	4,015	8,033	6,394
Operating Cash Flow Growth	-	-	-	-50.01%	25.63%	130.04%
Capital Expenditures	-651.07	-360.89	-259.8	-225.75	-315.53	-540.09
Sale of Property, Plant & Equipment	412.26	62.85	47.11	30.96	74.31	104.83
Purchase / Sale of Intangible Assets	-66.29	-66.29	-33.64	-47.91	-36.77	-27.25
Cash Acquisitions	-	-	-	-	-	-403.01
Investment in Securities	-21,205	-23,463	-13,754	-17,856	-13,151	-7,084
Other Investing Activities	16,545	20,469	15,826	8,534	6,025	3,407
Investing Cash Flow	-4,936	-3,330	1,836	-9,563	-7,410	-4,537
Long-Term Debt Issued	-	-	-	-	1,390	357.35
Total Debt Repaid	-137.54	-80.97	-15.88	-1,101	-793.45	-81.13
Net Debt Issued (Repaid)	-137.54	-80.97	-15.88	-1,101	596.55	276.23
Common Dividends Paid	-1,723	-1,537	-1,287	-1,046	-967.63	-926.58
Other Financing Activities	-30.07	-30.07	-4.67	-	-	-
Financing Cash Flow	-1,891	-1,648	-1,308	-2,148	-371.07	-650.35
Net Cash Flow	4,759	4,103	-3,014	-7,695	251.03	1,207
Free Cash Flow	10,935	8,720	-3,802	3,790	7,717	5,854
Free Cash Flow Growth	-	-	-	-50.89%	31.83%	276.46%
Free Cash Flow Margin	10.41%	9.76%	-5.91%	8.80%	20.12%	16.52%
Free Cash Flow Per Share	31.24	24.91	-10.86	10.83	22.05	16.73
Cash Interest Paid	30.07	30.07	4.67	6.06	6.88	31.48
Cash Income Tax Paid	3,115	2,228	1,054	950.05	970.34	411.38
Levered Free Cash Flow	-10,760	-15,408	-14,570	-5,013	-8,439	-6,865
Unlevered Free Cash Flow	-10,744	-15,396	-14,563	-4,980	-8,400	-6,851
Change in Working Capital	41,971	38,774	17,336	8,655	12,064	10,063

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