Bangladesh National Insurance Company Limited (DSE:BNICL)

DSE:BNICL Cash Flow Statement

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

Fiscal Year	FY 2023	FY 2022	FY 2021	FY 2020	FY 2018
Period Ending	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2018
Net Income	178.79	176.78	143.03	110.08	88.54
Depreciation & Amortization	38.43	28.97	14.84	8.02	12.14
Gain (Loss) on Sale of Assets	-0.14	-6.01	-0.3	-	-
Change in Unearned Revenue	29.03	25.31	-	-	-
Change in Income Taxes	-54.75	-47.34	-25.35	-39.25	-
Change in Insurance Reserves / Liabilities	-38.27	83.51	2.66	-34.53	-
Change in Other Net Operating Assets	19.23	159.28	249.04	148.33	-
Other Operating Activities	14.62	36.27	43.92	36.6	-44.13
Operating Cash Flow	187.01	456.8	427.88	229.66	56.56
Operating Cash Flow Growth	-59.06%	6.76%	86.31%	306.07%	-55.35%
Capital Expenditures	-133.36	-61.95	-19.76	-14.94	-166.71
Sale of Property, Plant & Equipment	0.14	6.01	0.3	-	1.52
Investment in Securities	25.46	-101.18	-50	-	-
Other Investing Activities	13.64	12.7	5.18	4.9	67.69
Investing Cash Flow	-94.11	-144.43	-64.28	-10.05	-97.5
Common Dividends Paid	-88.5	-79.65	-66.38	-53.1	-44.25
Financing Cash Flow	-88.5	-79.65	-66.38	-53.1	-44.25
Miscellaneous Cash Flow Adjustments	-	0	-	-	-
Net Cash Flow	4.4	232.72	297.22	166.52	-85.19
Free Cash Flow	53.65	394.84	408.12	214.72	-110.15
Free Cash Flow Growth	-86.41%	-3.25%	90.07%	-	-
Free Cash Flow Margin	5.61%	47.27%	55.67%	43.41%	-22.93%
Free Cash Flow Per Share	1.21	8.92	9.22	4.85	-2.49
Cash Income Tax Paid	54.75	47.34	25.35	39.25	22.07
Levered Free Cash Flow	78.35	176.35	327.35	-	-59.37
Unlevered Free Cash Flow	80.12	177.36	328.12	-	-59.37
Change in Net Working Capital	-30.86	-69.43	-212.23	-	-22.76

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