The Pakistan General Insurance Company Limited (PSX: PKGI)

PKGI 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	69.54	70.46	-28.79	13.09	-41.79	-19.53
Depreciation & Amortization	3.47	6.04	6.57	18.35	20.84	23.44
Gain (Loss) on Sale of Assets	-0.11	-0.11	-1.88	-5.99	-5.42	-3.14
Change in Other Net Operating Assets	35.54	29.71	10.02	19.35	19.7	-20.57
Other Operating Activities	-9.22	-6.33	-8.02	-38.59	-7.2	-16.59
Operating Cash Flow	-18.6	-18.05	-19.8	-17.81	-13.88	-36.4
Capital Expenditures	-2.83	-29.52	-0.23	-4.01	-6.05	-13.55
Sale of Property, Plant & Equipment	-30	0.18	12.83	9.17	7.75	-
Investment in Securities	-4.6	-0.11	-5.49	7.55	-2.5	-10.65
Other Investing Activities	7.53	6.16	5.47	6.02	6.96	4.86
Investing Cash Flow	0.09	6.71	12.58	22.73	10.47	20.34
Short-Term Debt Issued	-	11.33	-	-	-	-
Total Debt Issued	11.61	11.33	-	-	-	-
Net Debt Issued (Repaid)	11.61	11.33	-	-	-	-
Other Financing Activities	-0.13	-0.05	-0.04	-0.05	-0.06	-0.13
Financing Cash Flow	47.46	11.28	-0.04	-0.05	-0.06	-0.13
Net Cash Flow	28.95	-0.06	-7.25	4.87	-3.47	-16.19
Free Cash Flow	-21.43	-47.57	-20.02	-21.82	-19.92	-49.95
Free Cash Flow Margin	-219.73%	-745.94%	-349.48%	-388.20%	-274.22%	-
Free Cash Flow Per Share	-0.44	-1.03	-0.43	-0.47	-0.43	-1.08
Cash Income Tax Paid	1	0.68	0.93	0.62	0.62	0.41
Levered Free Cash Flow	3.42	-22.59	2.23	-28.74	-2.19	-41.03
Unlevered Free Cash Flow	3.42	-22.59	2.23	-28.74	-2.19	-41.03
Change in Net Working Capital	-34.4	-32.2	-15.61	6.85	-12.64	12.24

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