PSX:EWIC 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	1,492	972.85	583.15	388.1	312.47	231.38
Depreciation & Amortization	53.65	45.51	31.47	26.05	19.16	22.1
Other Amortization	0.02	0.04	0.05	0.07	0.1	0.15
Gain (Loss) on Sale of Assets	-6.16	-3.92	-8.18	-4.12	-0.63	-3.26
Gain (Loss) on Sale of Investments	-492.76	-330.7	-39.01	6.54	8.59	1.58
Change in Other Net Operating Assets	2,250	907.98	412.75	-21.14	127.92	4.24
Other Operating Activities	-564.68	-564.03	-468.3	-248.8	-138.33	-97.06
Operating Cash Flow	2,732	1,028	511.93	146.71	329.27	159.11
Operating Cash Flow Growth	132.95%	100.75%	248.94%	-55.44%	106.94%	-
Capital Expenditures	-128.99	-76.99	-80.7	-12.16	-3.46	-2.88
Sale of Property, Plant & Equipment	6.28	10.16	10.46	4.93	0.68	3.94
Investment in Securities	-1,635	-1,762	-945.7	-417.9	-641.48	-185.68
Other Investing Activities	430.06	434.15	375.7	196.49	102.9	92.07
Investing Cash Flow	-1,328	-1,394	-640.24	-233.92	-541.36	-94.05
Long-Term Debt Issued	-	6.1	-	1.32	16.07	24.02
Total Debt Repaid	-19.32	-17.26	-18.2	-19.88	-24.45	-47.42
Net Debt Issued (Repaid)	-13.22	-11.16	-18.2	-18.56	-8.38	-23.4
Issuance of Common Stock	333.75	333.75	263.84	136.09	-	-
Other Financing Activities	1.66	-0	-	-	-	-
Financing Cash Flow	322.19	322.59	245.63	117.52	-8.38	-23.4
Net Cash Flow	1,727	-43.88	117.32	30.32	-220.47	41.66
Free Cash Flow	2,603	950.73	431.23	134.55	325.81	156.23
Free Cash Flow Growth	140.37%	120.47%	220.50%	-58.70%	108.54%	-
Free Cash Flow Margin	36.03%	18.67%	10.18%	4.60%	14.70%	8.05%
Free Cash Flow Per Share	9.69	3.54	2.03	0.63	1.55	0.86
Cash Income Tax Paid	109.68	89.4	88.49	43.85	44.72	33.51
Levered Free Cash Flow	3,863	1,980	-971.43	6,369	422.12	687.27
Unlevered Free Cash Flow	3,866	1,984	-966.42	6,371	422.23	688.05
Change in Working Capital	2,250	907.98	412.75	-21.14	127.92	4.24

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