ANSA Merchant Bank Limited (TTSE:AMBL)

ANSA Merchant Bank Cash Flow Statement

Financials in millions TTD. 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	242.16	162.27	129.31	-45.27	306.22
Depreciation & Amortization	62.28	46.93	51.16	32.51	35.75
Other Amortization	17.44	13.55	12.01	8.62	7.62
Gain (Loss) on Sale of Assets	8.31	-4.59	-20.51	-4.81	-0.64
Gain (Loss) on Sale of Investments	-131.66	-76.55	-97.69	180.37	-205.94
Change in Insurance Reserves / Liabilities	6.55	42.82	359.68	76.26	122.6
Change in Other Net Operating Assets	-108	104.84	-284.89	-130.07	566.09
Other Operating Activities	13.71	-20.15	-0.06	16.11	-0.39
Operating Cash Flow	129.65	290.92	158.19	108.99	865.33
Operating Cash Flow Growth	-55.44%	83.91%	45.14%	-87.41%	1888.89%
Capital Expenditures	-86.22	-113.43	-379.25	-154.17	-192.97
Sale of Property, Plant & Equipment	0.47	17.2	30.19	11.42	14.94
Cash Acquisitions	-	-25	-287.15	-	-9.08
Investment in Securities	-274.52	160.53	31.71	79.28	-525.03
Other Investing Activities	-	-	-	-	-0
Investing Cash Flow	-360.9	38.82	-611.28	-97.6	-712.15
Total Debt Repaid	-	-	-	-	-202.84
Net Debt Issued (Repaid)	-	-	-	-	-202.84
Common Dividends Paid	-102.73	-102.73	-102.73	-102.73	-81.33
Financing Cash Flow	-102.73	-102.73	-102.73	-102.73	-284.16
Net Cash Flow	-333.97	227.02	-555.82	-91.34	-130.98
Free Cash Flow	43.43	177.5	-221.06	-45.19	672.36
Free Cash Flow Growth	-75.53%	-	-	-	6190.76%
Free Cash Flow Margin	2.40%	10.80%	-14.27%	-4.87%	60.35%
Free Cash Flow Per Share	0.51	2.07	-2.58	-0.53	7.85
Cash Interest Paid	113.41	108.2	98.21	79.55	86.21
Cash Income Tax Paid	38.05	28.53	53.4	18.14	45.74
Levered Free Cash Flow	16.93	-72.62	1,030	225.7	-501.7
Unlevered Free Cash Flow	92.85	1.58	1,098	272.32	-453.76
Change in Working Capital	-101.45	147.66	74.79	-53.81	688.69

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