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 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	1,476	1,449	972.85	583.15	388.1	312.47
Depreciation & Amortization	59.27	55.76	45.51	31.47	26.05	19.16
Other Amortization	0.02	0.02	0.04	0.05	0.07	0.1
Gain (Loss) on Sale of Assets	-7.83	-8.48	-3.92	-8.18	-4.12	-0.63
Gain (Loss) on Sale of Investments	-306.49	-531.72	-330.7	-39.01	6.54	8.59
Change in Other Net Operating Assets	5,316	4,994	907.98	412.75	-21.14	127.92
Other Operating Activities	-694.94	-652.13	-564.03	-468.3	-248.8	-138.33
Operating Cash Flow	5,841	5,307	1,028	511.93	146.71	329.27
Operating Cash Flow Growth	450.03%	416.43%	100.75%	248.94%	-55.44%	106.94%
Capital Expenditures	-105.97	-128.35	-76.99	-80.7	-12.16	-3.46
Sale of Property, Plant & Equipment	8.23	8.9	10.16	10.46	4.93	0.68
Investment in Securities	-4,197	-3,608	-1,762	-945.7	-417.9	-641.48
Other Investing Activities	517.43	496.91	434.15	375.7	196.49	102.9
Investing Cash Flow	-3,777	-3,230	-1,394	-640.24	-233.92	-541.36
Long-Term Debt Issued	-	1.5	6.1	-	1.32	16.07
Total Debt Repaid	-16.37	-16.37	-17.26	-18.2	-19.88	-24.45
Net Debt Issued (Repaid)	-16.37	-14.87	-11.16	-18.2	-18.56	-8.38
Issuance of Common Stock	-	-	333.75	263.84	136.09	-
Financing Cash Flow	-16.37	-14.87	322.59	245.63	117.52	-8.38
Net Cash Flow	2,048	2,062	-43.88	117.32	30.32	-220.47
Free Cash Flow	5,735	5,179	950.73	431.23	134.55	325.81
Free Cash Flow Growth	480.05%	444.75%	120.47%	220.50%	-58.70%	108.54%
Free Cash Flow Margin	65.35%	62.12%	18.67%	10.18%	4.60%	14.70%
Free Cash Flow Per Share	18.54	16.73	3.07	1.84	0.57	1.41
Cash Income Tax Paid	116.41	116.41	89.4	88.49	43.85	44.72
Levered Free Cash Flow	8,294	3,736	2,118	-971.43	6,369	422.12
Unlevered Free Cash Flow	8,298	3,739	2,122	-966.42	6,371	422.23
Change in Working Capital	5,316	4,994	907.98	412.75	-21.14	127.92

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