NGX:FTGINSURE Cash Flow Statement

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

Millions NGN. Fiscal year is Jan - Dec.

Fiscal Year	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	2012 - 2016
Period Ending	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	2012 - 2016
Net Income	-	-2,173	-1,216	24.8	58.55	Upgrade
Depreciation & Amortization	-	96.21	139.84	144.59	174.59	Upgrade
Other Amortization	-	-	-	3.38	4.22	Upgrade
Other Operating Activities	231.91	1,400	798.24	166.28	165.87	Upgrade
Operating Cash Flow	231.91	-676.94	-277.66	339.04	403.24	Upgrade
Operating Cash Flow Growth	-	-	-	-15.92%	-	Upgrade
Capital Expenditures	-0.47	-3.71	-69.33	-2.18	-1.51	Upgrade
Sale of Property, Plant & Equipment	714.14	700	-	-	2	Upgrade
Investment in Securities	57.43	-248.46	-94.83	-8.37	245.28	Upgrade
Other Investing Activities	12.66	198.43	171.41	-	35.64	Upgrade
Investing Cash Flow	783.76	700.25	7.25	-10.54	281.42	Upgrade
Long-Term Debt Issued	-	-	300	-	-	Upgrade
Total Debt Repaid	-100	-112.56	-100.93	-36.09	-109.9	Upgrade
Net Debt Issued (Repaid)	-100	-112.56	199.07	-36.09	-109.9	Upgrade
Other Financing Activities	-135.92	-4.6	-15.33	24.65	-30.5	Upgrade
Financing Cash Flow	-235.92	-117.16	183.74	-11.45	-140.4	Upgrade
Miscellaneous Cash Flow Adjustments	0	-	-	-	-	Upgrade
Net Cash Flow	779.75	-93.84	-86.67	317.05	544.26	Upgrade
Free Cash Flow	231.44	-680.65	-346.99	336.87	401.73	Upgrade
Free Cash Flow Growth	-	-	-	-16.15%	-	Upgrade
Free Cash Flow Margin	50.36%	-83.66%	-13.95%	9.26%	8.68%	Upgrade
Free Cash Flow Per Share	0.02	-0.05	-0.03	0.03	0.03	Upgrade
Cash Interest Paid	-	4.6	15.33	2.76	16.6	Upgrade
Cash Income Tax Paid	-	5.88	3.7	13.75	22.5	Upgrade
Levered Free Cash Flow	-2,664	-1,464	-394.75	-245.67	-290.24	Upgrade
Unlevered Free Cash Flow	-2,580	-1,411	-345.83	-203.22	-239.9	Upgrade

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