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
Period Ending	Sep '25 Sep 30, 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
Net Income	58.85	71.63	1,127	18.26	-9.69	39.79
Depreciation & Amortization	115.01	116.92	147.48	147.78	214.11	230.64
Other Amortization	4.19	4.19	4.31	5.8	4.81	3.93
Change in Other Net Operating Assets	374.42	381.21	144.94	184.76	-184.55	272.8
Other Operating Activities	-290.05	-348.23	-1,523	-49.47	-77.93	-75.01
Operating Cash Flow	279.41	242.71	-76.93	321.39	-36.25	494.15
Operating Cash Flow Growth	-	-	-	-	-	41.61%
Capital Expenditures	-113.29	-58.09	-39.99	-54.42	-143.61	-15.07
Sale of Property, Plant & Equipment	17.11	7.43	0.11	6.04	11.35	4.72
Cash Acquisitions	-	-	218.84	-	-	-
Investment in Securities	198.63	236.85	1,001	221.9	218.92	-488.17
Other Investing Activities	154.79	333.64	373.64	104.39	78.32	80.38
Investing Cash Flow	257.25	519.82	1,553	277.91	164.98	-418.14
Total Debt Repaid	-79.36	-139.74	-181.92	-194.66	-184.88	-208.69
Net Debt Issued (Repaid)	-79.36	-139.74	-181.92	-194.66	-184.88	-208.69
Issuance of Common Stock	-	-	-	633.67	466.5	-
Common Dividends Paid	-	-199.1	-338.58	-	-	-
Other Financing Activities	-9.82	-9.31	-9.17	-18.98	-22.35	-1.37
Financing Cash Flow	-89.18	-348.15	-529.68	420.03	259.26	-210.06
Miscellaneous Cash Flow Adjustments	0	-	-	-	-	-
Net Cash Flow	447.48	414.37	946.69	1,019	388	-134.05
Free Cash Flow	166.13	184.62	-116.92	266.97	-179.86	479.08
Free Cash Flow Growth	-	-	-	-	-	51.65%
Free Cash Flow Margin	3.80%	4.75%	-3.24%	8.63%	-7.17%	20.46%
Free Cash Flow Per Share	0.88	0.93	-0.59	1.52	-1.21	3.78
Cash Interest Paid	11.46	9.31	9.17	18.98	2.23	1.37
Cash Income Tax Paid	64.07	60.53	74.74	44.08	31.34	59.91
Levered Free Cash Flow	679.61	127.92	753.16	663.03	260.51	50.94
Unlevered Free Cash Flow	689.67	142.89	765.47	680.56	275.86	72.07
Change in Working Capital	374.42	381.21	144.94	184.76	-184.55	272.8

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.