Central Reinsurance Corporation (TPE:2851)

Central Reinsurance Cash Flow Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	2,515	2,090	253.27	2,065	1,516
Depreciation & Amortization	26.62	27.45	21.65	12.65	12.51
Gain (Loss) on Sale of Investments	573.83	-727.65	624.98	159.41	-103.79
Change in Accounts Receivable	34.49	-253.52	-99.49	164.61	-151.47
Reinsurance Recoverable	573.4	-456.75	460.76	-1,082	-584.3
Change in Accounts Payable	-	-	-	-	-35.62
Change in Other Net Operating Assets	-4,252	-2,686	872.83	-2,761	610.41
Other Operating Activities	610.68	1,770	-1,182	3,226	2,015
Operating Cash Flow	-1,731	-7,332	2,125	3,174	2,986
Operating Cash Flow Growth	-	-	-33.05%	6.31%	-
Capital Expenditures	-3.03	-23.27	-14.58	-8.98	-7.91
Purchase / Sale of Intangible Assets	-15.52	-10.27	-18.58	-6.07	-0.46
Investing Cash Flow	-19.46	-33.83	-33.64	-15.4	-8.79
Total Debt Repaid	-0.47	-0.54	-0.44	-0.4	-0.23
Net Debt Issued (Repaid)	-0.47	-0.54	-0.44	-0.4	-0.23
Issuance of Common Stock	-	-	3,318	-	-
Common Dividends Paid	-1,121	-	-1,063	-767.51	-531.35
Financing Cash Flow	-1,121	-0.54	2,255	-767.91	-531.58
Foreign Exchange Rate Adjustments	82.55	3.37	221.63	-106.42	-47.36
Net Cash Flow	-2,789	-7,363	4,568	2,284	2,398
Free Cash Flow	-1,735	-7,355	2,110	3,165	2,978
Free Cash Flow Growth	-	-	-33.32%	6.29%	-
Free Cash Flow Margin	-8.02%	-33.51%	10.67%	15.22%	16.42%
Free Cash Flow Per Share	-	-9.19	3.42	5.36	5.04
Cash Interest Paid	-	0.03	0.02	0.02	0.01
Cash Income Tax Paid	-	39.2	294.43	286.63	493.05
Levered Free Cash Flow	-19,243	-8,434	3,514	2,789	753.06
Unlevered Free Cash Flow	-19,243	-8,434	3,514	2,789	753.07
Change in Net Working Capital	20,316	9,967	-4,490	-1,026	675.32

Updated Mar 11, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.