Accolade 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	2016 - 2020
Period Ending	Mar '25 Mar 31, 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	2016 - 2020
Net Income	253.9	236.85	112.78	111.09	107.02	61.66	Upgrade
Depreciation & Amortization	31.47	30.73	26.64	18.41	33.05	33.63	Upgrade
Other Amortization	1.14	1.14	0.21	0.22	1	1.63	Upgrade
Gain (Loss) on Sale of Assets	-0.71	-0.8	-0.16	-2.08	-61.36	-3.61	Upgrade
Gain (Loss) on Sale of Investments	-250.52	-195.57	-38.35	49.6	-27.96	-8.68	Upgrade
Change in Other Net Operating Assets	-166.39	52.79	-309.77	600.48	14.19	84.94	Upgrade
Other Operating Activities	-232.47	-319.11	-367.41	-198.77	-95	-56.58	Upgrade
Operating Cash Flow	-363.57	-193.97	-576.07	578.94	-27.39	114.11	Upgrade
Operating Cash Flow Growth	-	-	-	-	-	-22.74%	Upgrade
Capital Expenditures	-40.21	-33.7	-59.57	-9.76	-23.91	-9.46	Upgrade
Sale of Property, Plant & Equipment	1.45	1.45	0.81	5.63	162.49	8.69	Upgrade
Investment in Securities	-577.21	-254.33	589.35	-456.83	-184.24	33.8	Upgrade
Other Investing Activities	337.17	351.45	307.76	183.8	127.95	88.52	Upgrade
Investing Cash Flow	-278.8	64.87	838.35	-277.16	82.28	121.55	Upgrade
Total Debt Repaid	-18.76	-16.32	-21.13	-8.93	-85.17	-116.86	Upgrade
Net Debt Issued (Repaid)	-18.76	-16.32	-21.13	-8.93	-85.17	-116.86	Upgrade
Common Dividends Paid	-75.35	-75.35	-76.03	-75.17	-60.7	-60.37	Upgrade
Financing Cash Flow	-94.11	-91.66	-97.16	-84.11	-145.87	-177.24	Upgrade
Net Cash Flow	-736.48	-220.77	165.13	217.68	-90.98	58.43	Upgrade
Free Cash Flow	-403.78	-227.67	-635.64	569.19	-51.3	104.65	Upgrade
Free Cash Flow Growth	-	-	-	-	-	-23.03%	Upgrade
Free Cash Flow Margin	-18.87%	-10.88%	-33.61%	41.28%	-5.33%	12.47%	Upgrade
Free Cash Flow Per Share	-3.26	-1.84	-5.13	4.59	-0.41	0.84	Upgrade
Cash Income Tax Paid	68.98	92.71	38.87	43.47	51.09	33.56	Upgrade
Levered Free Cash Flow	184.53	325.19	-150.02	729.64	87.39	195.97	Upgrade
Unlevered Free Cash Flow	189.44	330.24	-144.32	731.69	94.22	206.44	Upgrade
Change in Net Working Capital	42.41	-105.93	219.04	-644.49	-21.32	-116.55	Upgrade

Updated Oct 30, 2024. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.