Qatar Islamic Insurance Group Q.P.S.C. (QSE:QISI)

QSE:QISI 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	144.81	143.7	142.8	101.34	83.08	75.73
Depreciation & Amortization	2.1	2.13	2.19	1.99	2.05	6.31
Other Amortization	0.02	0.03	0.05	0.07	0.13	-
Gain (Loss) on Sale of Investments	3.97	4.56	0.53	5.77	23.5	2.32
Change in Accounts Receivable	-4	-4	-15.99	-29.47	0.7	-9.76
Reinsurance Recoverable	19.26	24.15	-23.18	-30	37.48	82.79
Change in Insurance Reserves / Liabilities	-65.93	14.96	25.12	94.77	-42.27	-131.04
Change in Other Net Operating Assets	-5.3	5.58	22.94	-0.46	-8.44	-12.91
Other Operating Activities	45.83	-43.63	-71.89	8.22	45.23	73.72
Operating Cash Flow	135.4	136.54	89.22	153.6	143.04	89.52
Operating Cash Flow Growth	97.10%	53.03%	-41.91%	7.38%	59.78%	-5.96%
Capital Expenditures	-4.85	-4.25	-4.4	-6.23	-1.06	-2.44
Investment in Securities	-19.42	-11.89	-91.17	-93.46	-80.77	0.41
Other Investing Activities	1.53	9.53	5.53	1.51	0.25	2.04
Investing Cash Flow	-22.74	-6.61	-90.04	-98.37	-81.81	0.01
Total Debt Repaid	-0.49	-0.45	-0.43	-0.41	-0.57	-
Net Debt Issued (Repaid)	-0.49	-0.45	-0.43	-0.41	-0.57	-
Common Dividends Paid	-80.4	-80.41	-66.88	-58.48	-50.35	-61.41
Other Financing Activities	2.52	-	-	-	-12.55	-15.5
Financing Cash Flow	-78.37	-80.86	-67.31	-58.89	-63.48	-76.91
Miscellaneous Cash Flow Adjustments	-	-	-	0.03	-	-
Net Cash Flow	34.29	49.07	-68.13	-3.64	-2.25	12.62
Free Cash Flow	130.55	132.29	84.82	147.37	141.98	87.08
Free Cash Flow Growth	103.00%	55.96%	-42.44%	3.80%	63.04%	-5.60%
Free Cash Flow Margin	26.78%	33.23%	22.84%	42.89%	49.13%	29.31%
Free Cash Flow Per Share	0.86	0.88	0.56	0.98	0.95	0.58
Cash Interest Paid	0.02	0.03	0.05	0.09	0.13	-
Levered Free Cash Flow	-310.88	99.38	94.84	109.44	57.69	-0.98
Unlevered Free Cash Flow	-310.87	99.4	94.86	114.45	57.77	-0.98
Change in Net Working Capital	402.07	-7.81	-7.45	-44.93	5.88	53.66

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.