The Universal Insurance Company Limited (PSX: UVIC)

PSX: UVIC 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	-167.25	-154.91	-111.02	40.44	-87.85	2.34
Depreciation & Amortization	3.28	3.8	3.03	3.34	3.75	3.4
Gain (Loss) on Sale of Assets	-4.58	-4.41	-0.07	0	-0.24	-1.22
Gain (Loss) on Sale of Investments	26.11	-6.09	-14.7	-13.88	-9.75	-13.63
Change in Other Net Operating Assets	134.46	37.67	-14.87	19.69	-19.31	4.69
Other Operating Activities	-33.88	-2.69	-2.29	-1.42	-2.98	-2.85
Operating Cash Flow	-52.26	-131.19	-65.76	-34.14	-44.82	15.86
Capital Expenditures	-120.84	-1.91	-5.75	-0.39	-0.61	-4.01
Sale of Property, Plant & Equipment	13.76	13.93	0.31	0.08	0.54	1.43
Investment in Securities	428.23	243.42	59.7	31.88	-0.63	-0.91
Other Investing Activities	41.5	8.53	8.17	6.64	8.48	7.55
Investing Cash Flow	362.65	263.98	62.43	38.21	7.77	4.05
Net Cash Flow	310.39	132.79	-3.33	4.07	-37.04	19.91
Free Cash Flow	-173.09	-133.1	-71.51	-34.53	-45.43	11.85
Free Cash Flow Margin	-363.66%	-190.56%	-78.08%	-37.84%	-56.60%	13.78%
Free Cash Flow Per Share	-3.52	-2.66	-1.43	-0.69	-0.91	0.24
Cash Income Tax Paid	8.72	3.85	2.99	2.23	1.84	1.04
Levered Free Cash Flow	-118.82	-45.15	47.58	17.85	-14.56	33.2
Unlevered Free Cash Flow	-118.82	-45.15	47.58	17.85	-14.56	33.2
Change in Net Working Capital	-27.39	10.05	-141.26	-46.01	-15.85	-20.66

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