IGI Life Insurance Limited (PSX: IGIL)

IGI Life Insurance Cash Flow Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net Income	187.36	142.7	42.03	-349.16	-95.73	-176.72
Depreciation & Amortization	68.83	74.23	92.89	100.38	84.58	53.98
Other Amortization	52.41	52.41	47.42	59.26	80.15	72.64
Gain (Loss) on Sale of Assets	-4.17	-20.37	-27.71	-1.62	-4.09	-7.89
Change in Other Net Operating Assets	8,704	4,838	-903.81	405.39	1,800	640.38
Other Operating Activities	-5,900	-4,378	-1,363	-1,101	-1,961	-2,190
Operating Cash Flow	3,108	708.56	-2,113	-887.03	-95.97	-1,608
Capital Expenditures	-166.23	-130.34	-32.8	-138.7	-233.38	-581.23
Sale of Property, Plant & Equipment	23.03	33.97	75.78	4.37	6.21	9.86
Investment in Securities	-8,721	-3,970	-3,488	6,050	-1,829	-819.27
Other Investing Activities	3,059	2,493	1,552	1,279	1,974	1,807
Investing Cash Flow	-5,805	-1,574	-1,892	7,195	-81.72	416.59
Issuance of Common Stock	-	-	-	-	-	1,000
Common Dividends Paid	-	-	-	-0	-0.02	-0.27
Financing Cash Flow	-	-	-	-0	-0.02	999.73
Net Cash Flow	-2,697	-865.1	-4,005	6,308	-177.71	-191.19
Free Cash Flow	2,942	578.22	-2,145	-1,026	-329.34	-2,189
Free Cash Flow Margin	19.97%	5.37%	-28.62%	-12.57%	-4.18%	-34.78%
Free Cash Flow Per Share	17.25	3.39	-12.58	-6.01	-1.93	-15.95
Cash Income Tax Paid	147.14	144.23	102.63	80.38	192.73	136.64
Levered Free Cash Flow	-58.38	130.18	-82.51	-389.91	790.86	-700.88
Unlevered Free Cash Flow	-52.39	136.98	-74.14	-382.77	799.92	-698.77
Change in Net Working Capital	181.08	-6.81	213.95	109.25	-947.06	87.7

Source: S&P Capital IQ. Insurance template. Financial Sources.