IGI Holdings Cash Flow Statement

Financials in millions PKR. Fiscal year is January - December.

Millions PKR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	5,232	695.98	3,887	2,872	2,650
Depreciation & Amortization	305.03	224.07	209.43	212.38	211.56
Other Amortization	-	67.34	59.6	57.79	74.05
Gain (Loss) on Sale of Assets	-60.25	-84.35	-62	-57.27	-31.29
Gain (Loss) on Sale of Investments	-1,505	-1,274	-460.79	28.37	135.16
Change in Accounts Payable	-549.01	3,900	6,560	4,324	400.91
Change in Other Net Operating Assets	228.79	-4,409	-2,701	-5,373	-915.28
Other Operating Activities	-854.57	3,848	-323.01	-2,870	-1,939
Operating Cash Flow	-1,955	3,790	3,869	-2,888	-1,523
Operating Cash Flow Growth	-	-2.06%	-	-	-
Capital Expenditures	-619.59	-465.81	-418.97	-217.85	-207.38
Sale of Property, Plant & Equipment	117.41	133.33	115.62	122.07	46.41
Investment in Securities	-4,502	-7,352	-2,137	848.46	138.89
Other Investing Activities	6,055	6,546	5,594	3,618	2,792
Investing Cash Flow	1,050	-1,138	3,153	4,371	2,770
Short-Term Debt Issued	1,501	-	-	-	-
Total Debt Issued	1,501	-	-	-	-
Total Debt Repaid	-6.6	-73.13	-101.25	-426.94	-470.03
Net Debt Issued (Repaid)	1,495	-73.13	-101.25	-426.94	-470.03
Common Dividends Paid	-928.23	-851.55	-603.58	-788.3	-995.56
Other Financing Activities	-485.16	-498.33	-563.31	-614.99	-317.63
Financing Cash Flow	81.26	-1,423	-1,268	-1,830	-1,783
Net Cash Flow	-823.28	1,228	5,755	-347.63	-536.28
Free Cash Flow	-2,575	3,324	3,451	-3,106	-1,730
Free Cash Flow Growth	-	-3.67%	-	-	-
Free Cash Flow Margin	-9.40%	12.81%	18.82%	-22.95%	-13.46%
Free Cash Flow Per Share	-18.05	23.30	24.19	-21.78	-12.13
Cash Interest Paid	485.16	498.33	563.31	614.99	317.63
Cash Income Tax Paid	1,128	1,316	1,441	389.2	634.64
Levered Free Cash Flow	10,596	-4,343	-701.23	265.24	5,180
Unlevered Free Cash Flow	10,596	-4,343	-701.23	537.65	5,379
Change in Working Capital	-320.21	-508.16	3,859	-1,049	-514.36

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