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	Jun '25 Jun 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	2015 - 2019
Net Income	21.42	71.63	1,127	18.26	-9.69	39.79	Upgrade
Depreciation & Amortization	142	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	518.04	381.21	144.94	184.76	-184.55	272.8	Upgrade
Other Operating Activities	-267.34	-348.23	-1,523	-49.47	-77.93	-75.01	Upgrade
Operating Cash Flow	435.31	242.71	-76.93	321.39	-36.25	494.15	Upgrade
Operating Cash Flow Growth	-	-	-	-	-	41.61%	Upgrade
Capital Expenditures	-154.44	-58.09	-39.99	-54.42	-143.61	-15.07	Upgrade
Sale of Property, Plant & Equipment	17.17	7.43	0.11	6.04	11.35	4.72	Upgrade
Cash Acquisitions	-	-	218.84	-	-	-	Upgrade
Investment in Securities	422.81	236.85	1,001	221.9	218.92	-488.17	Upgrade
Other Investing Activities	235.36	333.64	373.64	104.39	78.32	80.38	Upgrade
Investing Cash Flow	520.91	519.82	1,553	277.91	164.98	-418.14	Upgrade
Total Debt Repaid	-130.66	-139.74	-181.92	-194.66	-184.88	-208.69	Upgrade
Net Debt Issued (Repaid)	-130.66	-139.74	-181.92	-194.66	-184.88	-208.69	Upgrade
Issuance of Common Stock	-	-	-	633.67	466.5	-	Upgrade
Common Dividends Paid	-30.36	-199.1	-338.58	-	-	-	Upgrade
Other Financing Activities	-15.13	-9.31	-9.17	-18.98	-22.35	-1.37	Upgrade
Financing Cash Flow	-176.16	-348.15	-529.68	420.03	259.26	-210.06	Upgrade
Net Cash Flow	780.06	414.37	946.69	1,019	388	-134.05	Upgrade
Free Cash Flow	280.87	184.62	-116.92	266.97	-179.86	479.08	Upgrade
Free Cash Flow Growth	-	-	-	-	-	51.65%	Upgrade
Free Cash Flow Margin	6.77%	4.75%	-3.24%	8.63%	-7.17%	20.46%	Upgrade
Free Cash Flow Per Share	1.45	0.93	-0.59	1.52	-1.21	3.78	Upgrade
Cash Interest Paid	15.13	9.31	9.17	18.98	2.23	1.37	Upgrade
Cash Income Tax Paid	56.55	60.53	74.74	44.08	31.34	59.91	Upgrade
Levered Free Cash Flow	687.25	127.92	753.16	663.03	260.51	50.94	Upgrade
Unlevered Free Cash Flow	700.16	142.89	765.47	680.56	275.86	72.07	Upgrade
Change in Working Capital	518.04	381.21	144.94	184.76	-184.55	272.8	Upgrade

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