Ping An Insurance (Group) Company of China, Ltd. (VIE: PZX)

PZX Cash Flow Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net Income	3,037	3,078	2,759	2,572	2,435	2,242
Depreciation & Amortization	2,480	2,482	2,413	2,123	2,087	2,088
Other Amortization	-	-	53.3	50	50.5	50.1
Operating Cash Flow	6,148	6,263	5,810	5,571	5,206	4,712
Operating Cash Flow Growth	-5.85%	7.80%	4.30%	7.01%	10.47%	-0.09%
Sale of Property, Plant & Equipment	51.1	63.2	92	88.7	81.3	584
Cash Acquisitions	-114	-103	-135.8	-659.8	-129.1	-536.9
Investment in Securities	-	-	-	-	-	0.4
Other Investing Activities	24.3	14.5	13.8	5.5	4.6	4.1
Investing Cash Flow	-3,190	-3,079	-3,242	-3,352	-1,955	-2,585
Common Dividends Paid	-1,718	-1,581	-1,411	-1,335	-1,308	-1,163
Financing Cash Flow	-2,858	-3,480	-2,781	-1,816	-2,428	-2,780
Foreign Exchange Rate Adjustments	-40.8	-61.6	-165.2	16.8	-1.4	0.7
Net Cash Flow	59.1	-357.3	-378	420.3	822.1	-652.1
Free Cash Flow	2,812	2,870	2,537	2,654	2,576	2,076
Free Cash Flow Growth	-9.78%	13.11%	-4.40%	3.04%	24.07%	-15.86%
Free Cash Flow Margin	10.41%	10.39%	8.48%	11.37%	12.57%	9.47%
Free Cash Flow Per Share	4.88	4.98	4.40	4.61	4.49	3.62
Levered Free Cash Flow	2,006	1,858	1,583	1,946	2,073	1,425
Unlevered Free Cash Flow	2,246	2,091	1,806	2,146	2,304	1,688
Change in Net Working Capital	-5.9	36.9	304.3	-395.1	-531.3	85.9

Source: S&P Capital IQ. Insurance template. Financial Sources.