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 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	5,153	5,574	4,797	2,626	2,341	2,944
Depreciation & Amortization	498.22	472.31	345.84	336.64	346.56	338.36
Gain (Loss) on Sale of Assets	-49.08	-323.89	-34.55	-25.82	-12.38	-23.8
Gain (Loss) on Sale of Investments	-5,926	-9,568	-11,338	-5,134	3,173	423.46
Change in Unearned Revenue	4,933	5,927	5,628	4,347	3,986	2,644
Change in Other Net Operating Assets	21,063	26,868	33,147	12,989	4,669	9,420
Other Operating Activities	-21,558	-21,135	-23,126	-18,417	-10,040	-7,111
Operating Cash Flow	3,911	7,580	9,081	-3,543	4,015	8,033
Operating Cash Flow Growth	-65.58%	-16.53%	-	-	-50.01%	25.63%
Capital Expenditures	-799.8	-790.98	-360.89	-259.8	-225.75	-315.53
Sale of Property, Plant & Equipment	114.68	421.27	62.85	47.11	30.96	74.31
Purchase / Sale of Intangible Assets	-136.68	-113.88	-66.29	-33.64	-47.91	-36.77
Investment in Securities	-12,330	-18,704	-23,463	-13,754	-17,856	-13,151
Other Investing Activities	15,489	15,147	20,469	15,826	8,534	6,025
Investing Cash Flow	2,340	-4,037	-3,330	1,836	-9,563	-7,410
Long-Term Debt Issued	-	-	-	-	-	1,390
Total Debt Repaid	-104.04	-104.04	-80.97	-15.88	-1,101	-793.45
Net Debt Issued (Repaid)	-104.04	-104.04	-80.97	-15.88	-1,101	596.55
Common Dividends Paid	-1,276	-1,276	-1,537	-1,287	-1,046	-967.63
Other Financing Activities	-88.83	-89.07	-30.07	-4.67	-	-
Financing Cash Flow	-1,469	-1,470	-1,648	-1,308	-2,148	-371.07
Net Cash Flow	4,782	2,073	4,103	-3,014	-7,695	251.03
Free Cash Flow	3,111	6,789	8,720	-3,802	3,790	7,717
Free Cash Flow Growth	-71.46%	-22.15%	-	-	-50.89%	31.83%
Free Cash Flow Margin	3.08%	6.63%	9.76%	-5.91%	8.80%	20.12%
Free Cash Flow Per Share	8.89	19.40	24.91	-10.86	10.83	22.05
Cash Interest Paid	89.07	89.07	30.07	4.67	6.06	6.88
Cash Income Tax Paid	3,305	3,305	2,228	1,054	950.05	970.34
Levered Free Cash Flow	145,595	-2,089	-15,408	-14,570	-5,013	-8,439
Unlevered Free Cash Flow	145,604	-2,080	-15,396	-14,563	-4,980	-8,400
Change in Working Capital	25,996	32,794	38,774	17,336	8,655	12,064

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