Reliance Insurance Company Limited (PSX: RICL)

RICL 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	325.14	171.9	44.11	53.01	68.5	71.21
Depreciation & Amortization	13.94	13.01	12.25	10.56	12.04	13.69
Gain (Loss) on Sale of Assets	-4.08	-5.56	-0.55	-3.26	-0.72	-1.62
Gain (Loss) on Sale of Investments	-64.79	-14.09	-7.33	-4.96	-8.81	-2.86
Change in Other Net Operating Assets	-106.18	-13.1	-22.12	-28.87	-40.81	-33.04
Other Operating Activities	-327.84	-214.5	-81.89	-80.77	-92.44	-92.33
Operating Cash Flow	-163.8	-62.34	-55.52	-54.28	-62.24	-44.96
Capital Expenditures	-33.66	-35.94	-14.26	-21.8	-0.61	-6
Sale of Property, Plant & Equipment	9.76	14.07	3.22	11.31	2.12	3.78
Investment in Securities	112.89	-15.09	3.37	-24.65	-18.94	-24.66
Other Investing Activities	159.41	136.61	100.23	71.83	59.77	58.68
Investing Cash Flow	248.39	99.65	92.56	36.68	42.33	31.81
Common Dividends Paid	-64.27	-30.57	-28.93	-	-	-
Financing Cash Flow	-64.27	-30.57	-28.93	-	-	-
Net Cash Flow	20.32	6.74	8.11	-17.6	-19.92	-13.15
Free Cash Flow	-197.46	-98.29	-69.79	-76.08	-62.86	-50.95
Free Cash Flow Margin	-20.82%	-13.50%	-15.83%	-19.96%	-15.26%	-11.37%
Free Cash Flow Per Share	-2.97	-1.48	-1.05	-1.14	-0.94	-0.77
Cash Income Tax Paid	30.87	23.15	19.02	17.18	20.86	17.56
Levered Free Cash Flow	-90.26	96.89	83.01	-61.83	6.56	62.15
Unlevered Free Cash Flow	-90.26	96.89	83.01	-61.83	6.56	62.15
Change in Net Working Capital	329.95	37.43	-42.28	90.73	56.72	4.78

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