Pakistan Reinsurance Company Limited (PSX: PAKRI)

PAKRI 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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net Income	3,684	3,065	2,625	2,590	1,391	1,484
Depreciation & Amortization	256.76	204.57	188.02	8.23	9.02	9.73
Gain (Loss) on Sale of Investments	-151.79	-120.38	-43.15	-69.27	-65.84	-184.03
Change in Other Net Operating Assets	-2,271	299.01	-1,950	-1,457	768.82	-715.89
Other Operating Activities	-3,838	-930.44	912.57	-916.33	-667.45	-63.1
Operating Cash Flow	-2,321	2,518	1,732	155.44	1,436	531
Operating Cash Flow Growth	-	45.37%	1014.31%	-89.18%	170.43%	-2.46%
Capital Expenditures	-79.61	-165.19	-50.33	-3.89	-1.02	-4.29
Sale of Property, Plant & Equipment	-	-	0.38	-	-	0.31
Purchase / Sale of Intangible Assets	-	-	-	-	-5.08	-3.39
Investment in Securities	-2,354	-3,743	-734.78	-16,551	-1,205	-2,705
Other Investing Activities	3,129	2,191	1,660	16,669	1,082	1,039
Investing Cash Flow	696.02	-1,718	875.26	114.15	-129.11	-1,674
Common Dividends Paid	-895.23	-671.62	-717.3	-699.25	-552.07	-644.1
Financing Cash Flow	-895.23	-671.62	-717.3	-699.25	-552.07	-644.1
Net Cash Flow	-2,520	128.86	1,890	-429.66	754.83	-1,787
Free Cash Flow	-2,400	2,353	1,682	151.55	1,435	526.71
Free Cash Flow Growth	-	39.90%	1009.73%	-89.44%	172.44%	-2.33%
Free Cash Flow Margin	-16.67%	18.93%	17.43%	1.80%	18.09%	6.59%
Free Cash Flow Per Share	-2.67	2.61	1.87	0.17	1.59	0.59
Cash Income Tax Paid	475.83	1,445	1,267	-752.78	-283.33	412.2
Levered Free Cash Flow	-8,902	5,421	2,584	1,166	2,424	1,303
Unlevered Free Cash Flow	-8,899	5,422	2,585	1,168	2,425	1,304
Change in Net Working Capital	12,911	-2,652	-382.91	657.61	-1,172	-308.46

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