Al Khaleej Takaful Insurance Company Q.P.S.C. (QSE:AKHI)

QSE:AKHI Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	72.92	75.7	64.57	56.54	40.13	-39.32
Depreciation & Amortization	2.38	2.47	2.36	1.9	6.67	5.44
Other Amortization	0.16	0.16	0.16	0.17	0.15	-
Gain (Loss) on Sale of Assets	-0.02	-0.02	-0.08	0.14	-	-0.31
Gain (Loss) on Sale of Investments	4.67	4.18	7.44	1.69	-2.6	72.55
Change in Accounts Receivable	-7.57	-7.57	6.59	1.29	-0.76	12.1
Reinsurance Recoverable	-27.95	6.58	-21.29	7.69	46.93	24.71
Change in Accounts Payable	1.68	-11.17	0.39	3.71	0.81	0.23
Change in Unearned Revenue	0.57	-0.24	4.18	-3.41	0.03	0.7
Change in Insurance Reserves / Liabilities	-5.18	1.68	25.76	-23.98	-26.56	-20.41
Change in Other Net Operating Assets	0.79	-1.61	-2.48	10.12	-5.33	5.88
Other Operating Activities	-51.3	-33	-33.7	-26.78	-10.59	-5.38
Operating Cash Flow	21.86	64.99	26.66	32.1	34.68	45.07
Operating Cash Flow Growth	-67.69%	143.80%	-16.95%	-7.44%	-23.06%	24.18%
Capital Expenditures	-1.95	-0.72	-2.36	-2.21	-1.51	-2.54
Sale of Property, Plant & Equipment	0.02	0.02	0.28	-	-	0.45
Investment in Securities	-44.4	-57.26	-34.74	-138.47	-59.68	86.56
Other Investing Activities	45.85	42.45	36.99	24.91	14.3	17.58
Investing Cash Flow	-4.01	-17.2	1.64	-114.34	-47.18	102.04
Total Debt Repaid	-0.01	-0.22	-0.42	-	-0.21	-
Net Debt Issued (Repaid)	-0.01	-0.22	-0.42	-	-0.21	-
Common Dividends Paid	-38.53	-31.62	-24.08	-17.68	-11.95	-12.81
Other Financing Activities	-	-	-	-	0.01	-
Financing Cash Flow	-38.55	-31.85	-24.5	-17.68	-12.16	-12.81
Net Cash Flow	-20.7	15.94	3.8	-99.93	-24.66	134.31
Free Cash Flow	19.91	64.27	24.29	29.88	33.17	42.52
Free Cash Flow Growth	-70.01%	164.56%	-18.71%	-9.91%	-22.00%	19.02%
Free Cash Flow Margin	5.78%	23.48%	9.55%	13.69%	18.11%	45.77%
Free Cash Flow Per Share	0.08	0.25	0.10	0.12	0.13	0.17
Cash Income Tax Paid	0.11	-	0	0.02	0.02	-
Levered Free Cash Flow	-171.34	88.04	46.87	39.3	79.29	84.23
Unlevered Free Cash Flow	-171.34	88.04	46.87	39.3	79.29	84.23
Change in Working Capital	3.97	29.3	-4.58	8.43	2.55	13.48

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