TPL Insurance Cash Flow Statement

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

Millions PKR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Net Income	44.83	71.63	1,127	18.26	-9.69	39.79	Upgrade
Depreciation & Amortization	114.7	116.92	147.48	147.78	214.11	230.64	Upgrade
Other Amortization	4.19	4.19	4.31	5.8	4.81	3.93	Upgrade
Change in Other Net Operating Assets	477.53	381.21	144.94	184.76	-184.55	272.8	Upgrade
Other Operating Activities	-242.17	-348.23	-1,523	-49.47	-77.93	-75.01	Upgrade
Operating Cash Flow	416.09	242.71	-76.93	321.39	-36.25	494.15	Upgrade
Operating Cash Flow Growth	-	-	-	-	-	41.61%	Upgrade
Capital Expenditures	-78.13	-58.09	-39.99	-54.42	-143.61	-15.07	Upgrade
Sale of Property, Plant & Equipment	7.43	7.43	0.11	6.04	11.35	4.72	Upgrade
Cash Acquisitions	-	-	218.84	-	-	-	Upgrade
Investment in Securities	236.85	236.85	1,001	221.9	218.92	-488.17	Upgrade
Other Investing Activities	280.28	333.64	373.64	104.39	78.32	80.38	Upgrade
Investing Cash Flow	446.43	519.82	1,553	277.91	164.98	-418.14	Upgrade
Total Debt Repaid	-131.87	-139.74	-181.92	-194.66	-184.88	-208.69	Upgrade
Net Debt Issued (Repaid)	-131.87	-139.74	-181.92	-194.66	-184.88	-208.69	Upgrade
Issuance of Common Stock	-	-	-	633.67	466.5	-	Upgrade
Common Dividends Paid	-199.1	-199.1	-338.58	-	-	-	Upgrade
Other Financing Activities	-13.71	-9.31	-9.17	-18.98	-22.35	-1.37	Upgrade
Financing Cash Flow	-344.67	-348.15	-529.68	420.03	259.26	-210.06	Upgrade
Miscellaneous Cash Flow Adjustments	0	-	-	-	-	-	Upgrade
Net Cash Flow	517.85	414.37	946.69	1,019	388	-134.05	Upgrade
Free Cash Flow	337.96	184.62	-116.92	266.97	-179.86	479.08	Upgrade
Free Cash Flow Growth	-	-	-	-	-	51.65%	Upgrade
Free Cash Flow Margin	8.43%	4.75%	-3.24%	8.63%	-7.17%	20.46%	Upgrade
Free Cash Flow Per Share	1.68	0.93	-0.59	1.52	-1.21	3.78	Upgrade
Cash Interest Paid	13.71	9.31	9.17	18.98	2.23	1.37	Upgrade
Cash Income Tax Paid	58.16	60.53	74.74	44.08	31.34	59.91	Upgrade
Levered Free Cash Flow	308.8	127.92	753.16	663.03	260.51	50.94	Upgrade
Unlevered Free Cash Flow	323.12	142.89	765.47	680.56	275.86	72.07	Upgrade
Change in Net Working Capital	-167.1	28.68	-579.7	-537.03	-133.6	227.73	Upgrade

Updated Feb 25, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.