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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net Income	335.88	171.9	44.11	53.01	68.5	71.21
Depreciation & Amortization	13.6	13.01	12.25	10.56	12.04	13.69
Gain (Loss) on Sale of Assets	-5.87	-5.56	-0.55	-3.26	-0.72	-1.62
Gain (Loss) on Sale of Investments	-41.87	-14.09	-7.33	-4.96	-8.81	-2.86
Change in Other Net Operating Assets	-77.99	-13.1	-22.12	-28.87	-40.81	-33.04
Other Operating Activities	-361.31	-214.5	-81.89	-80.77	-92.44	-92.33
Operating Cash Flow	-137.55	-62.34	-55.52	-54.28	-62.24	-44.96
Capital Expenditures	-33.71	-35.94	-14.26	-21.8	-0.61	-6
Sale of Property, Plant & Equipment	10.98	14.07	3.22	11.31	2.12	3.78
Investment in Securities	58.74	-15.09	3.37	-24.65	-18.94	-24.66
Other Investing Activities	156.93	136.61	100.23	71.83	59.77	58.68
Investing Cash Flow	192.95	99.65	92.56	36.68	42.33	31.81
Common Dividends Paid	-65.42	-30.57	-28.93	-	-	-
Financing Cash Flow	-65.42	-30.57	-28.93	-	-	-
Net Cash Flow	-10.03	6.74	8.11	-17.6	-19.92	-13.15
Free Cash Flow	-171.26	-98.29	-69.79	-76.08	-62.86	-50.95
Free Cash Flow Margin	-18.32%	-13.50%	-15.83%	-19.96%	-15.26%	-11.37%
Free Cash Flow Per Share	-2.57	-1.48	-1.05	-1.14	-0.94	-0.77
Cash Income Tax Paid	29.03	23.15	19.02	17.18	20.86	17.56
Levered Free Cash Flow	-51.49	96.89	83.01	-61.83	6.56	62.15
Unlevered Free Cash Flow	-51.49	96.89	83.01	-61.83	6.56	62.15
Change in Net Working Capital	297.63	37.43	-42.28	90.73	56.72	4.78

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