Union Insurance Co., Ltd. (TPE:2816)

Union Insurance Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	1,042	1,222	1,200	-1,322	696.67
Depreciation & Amortization	105.16	87.2	77.27	70.81	68.47
Gain (Loss) on Sale of Assets	-8.39	-10.15	-	-	-
Gain (Loss) on Sale of Investments	-84.9	-363.26	-345.73	544.01	-336.88
Change in Accounts Receivable	-50.77	-67.23	24.29	106.89	-17.93
Reinsurance Recoverable	-1,392	-1,135	35.14	-392	98.73
Change in Accounts Payable	-	-	67.29	-	-
Change in Income Taxes	-	-	-	-7.23	-
Change in Other Net Operating Assets	-1,749	-872.91	46.13	-647.44	-298.84
Other Operating Activities	1,505	1,875	284.69	1,037	725.14
Operating Cash Flow	582.39	-260.13	716.19	-255.37	1,658
Operating Cash Flow Growth	-	-	-	-	276.88%
Capital Expenditures	-52.78	-47.39	-23.82	-62.19	-195.86
Sale of Property, Plant & Equipment	13.75	11.14	-	-	-
Purchase / Sale of Intangible Assets	-4.1	-31.88	-32.44	-12.8	-0.86
Other Investing Activities	-4.57	-1.43	-29.04	-10.23	-4.98
Investing Cash Flow	-47.7	-69.57	-287.94	-85.23	-202.07
Total Debt Repaid	-15.85	-16.65	-16.36	-16.74	-15.6
Net Debt Issued (Repaid)	-15.85	-16.65	-16.36	-16.74	-15.6
Common Dividends Paid	-335.41	-	-	-223.61	-178.89
Financing Cash Flow	-351.27	-16.65	-16.36	-240.34	-194.48
Net Cash Flow	183.42	-346.35	411.9	-580.94	1,262
Free Cash Flow	529.61	-307.53	692.37	-317.56	1,462
Free Cash Flow Growth	-	-	-	-	281.55%
Free Cash Flow Margin	4.79%	-2.80%	6.56%	-3.94%	16.62%
Free Cash Flow Per Share	2.36	-1.37	3.10	-1.42	6.49
Cash Interest Paid	8.39	9.49	7.27	7.79	4.69
Cash Income Tax Paid	310.51	162.59	14.38	102.51	6.54
Levered Free Cash Flow	1,975	627.51	234.08	527.53	998.08
Unlevered Free Cash Flow	1,981	633.44	238.62	532.39	1,001
Change in Working Capital	-1,959	-3,095	-522.68	-612.23	539.31

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