IGI Holdings 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	1,238	695.98	3,887	2,872	2,650	1,737
Depreciation & Amortization	245.1	224.07	209.43	212.38	211.56	190.06
Other Amortization	67.34	67.34	59.6	57.79	74.05	94.46
Gain (Loss) on Sale of Assets	-22.94	-84.35	-62	-57.27	-31.29	-18.46
Gain (Loss) on Sale of Investments	-2,429	-1,274	-460.79	28.37	135.16	-248.59
Change in Accounts Payable	16,975	3,900	6,560	4,324	400.91	848.96
Change in Other Net Operating Assets	-6,567	-4,409	-2,701	-5,373	-915.28	-1,509
Other Operating Activities	-854.45	3,848	-323.01	-2,870	-1,939	-1,563
Operating Cash Flow	9,425	3,790	3,869	-2,888	-1,523	-1,751
Operating Cash Flow Growth	327.24%	-2.06%	-	-	-	-
Capital Expenditures	-661.63	-465.81	-418.97	-217.85	-207.38	-361.23
Sale of Property, Plant & Equipment	110.87	133.33	115.62	122.07	46.41	33.77
Investment in Securities	-4,485	-7,352	-2,137	848.46	138.89	-71.73
Other Investing Activities	8,178	6,546	5,594	3,618	2,792	3,232
Investing Cash Flow	3,142	-1,138	3,153	4,371	2,770	2,833
Long-Term Debt Issued	-	-	-	-	-	67.63
Total Debt Repaid	-92.29	-73.13	-101.25	-426.94	-470.03	-629.94
Net Debt Issued (Repaid)	-92.29	-73.13	-101.25	-426.94	-470.03	-562.31
Common Dividends Paid	-969.02	-851.55	-603.58	-788.3	-995.56	-428.16
Other Financing Activities	-412.49	-498.33	-563.31	-614.99	-317.63	-429.25
Financing Cash Flow	-1,474	-1,423	-1,268	-1,830	-1,783	-1,420
Net Cash Flow	11,093	1,228	5,755	-347.63	-536.28	-338.27
Free Cash Flow	8,763	3,324	3,451	-3,106	-1,730	-2,112
Free Cash Flow Growth	428.10%	-3.67%	-	-	-	-
Free Cash Flow Margin	31.20%	12.81%	18.82%	-22.95%	-13.46%	-17.90%
Free Cash Flow Per Share	61.44	23.30	24.19	-21.78	-12.13	-14.81
Cash Interest Paid	412.49	498.33	563.31	614.99	317.63	429.25
Cash Income Tax Paid	1,603	1,316	1,441	389.2	634.64	853.24
Levered Free Cash Flow	3,295	-4,343	-701.23	265.24	5,180	-3,628
Unlevered Free Cash Flow	3,295	-4,343	-701.23	537.65	5,379	-3,359
Change in Working Capital	10,409	-508.16	3,859	-1,049	-514.36	-660.22

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