Askari General Insurance Company Limited (AGIC) cash flow statement

Operating activities generated Rs 78.5 mn of cash in FY2025 (Jan – Dec 2025). Capital expenditure was Rs 833.1 mn. Dividends paid to shareholders came to Rs 359.1 mn. Overall, cash increased by Rs 391.9 mn.

AGIC cash flow statement (annual) (Rs mn)
Rs mn	FY2025 * Jan – Dec 2025	FY2024 Jan – Dec 2024	FY2023 Jan – Dec 2023	FY2022 Jan – Dec 2022	FY2021 Jan – Dec 2021	FY2020 Jan – Dec 2020	FY2019 Jan – Dec 2019	FY2018 Jan – Dec 2018	FY2017 Jan – Dec 2017	FY2016 Jan – Dec 2016	FY2015 Jan – Dec 2015	FY2014 Jan – Dec 2014	FY2013 Jan – Dec 2013	FY2012 Jan – Dec 2012	FY2011 * Jan – Dec 2011	FY2010 Jan – Dec 2010	FY2009 Jan – Dec 2009	FY2008 * Jan – Dec 2008	FY2007 Jan – Dec 2007	FY2006 Jan – Dec 2006
Net cash from operating activities	78.5	(283.8)	341.9	452.7	263.5	188.2	564.6	393.6	262.1	143.1	127.4	30.6	(166.8)	437.2	(15.8)	(52.4)	7.1	30.4	94.4	69.4
Capital expenditure	(833.1)	(100.0)	(74.5)	(36.0)	(19.0)	(6.7)	(41.3)	(139.7)	(24.7)	(14.1)	(57.3)	(10.8)	(15.7)	(51.2)	(16.5)	(15.5)	(25.2)	(41.4)	(41.3)	(38.8)
Net cash from investing activities	(365.0)	811.3	(114.5)	(99.2)	(19.6)	(57.6)	(221.4)	(307.7)	(84.7)	(250.6)	(146.1)	(16.3)	(196.8)	(84.5)	4.1	30.1	23.3	(113.2)	(48.5)	(60.7)
Dividends paid	(359.1)	(363.6)	(203.8)	(199.0)	(195.9)	(177.8)	(90.7)	(92.0)	(115.8)	(57.8)	(0.0)	—	—	—	0.0	(0.0)	0.0	(0.0)	(0.0)	(0.0)
Net cash from financing activities	678.4	(410.4)	(205.4)	(259.1)	(275.3)	(244.6)	(143.6)	(130.4)	(137.5)	144.1	(0.0)	0.0	0.0	0.0	50.9	(0.7)	(1.2)	(1.9)	(2.5)	(1.0)
Net change in cash	391.9	117.1	22.1	94.4	(31.4)	(114.0)	199.6	(44.6)	39.9	36.6	(18.7)	14.4	(363.6)	352.7	39.3	(23.0)	29.2	(84.7)	43.4	7.7

AGIC cash flow statement — year-on-year change (Rs mn)
Rs mn	FY2025 * Jan – Dec 2025	FY2024 Jan – Dec 2024	FY2023 Jan – Dec 2023	FY2022 Jan – Dec 2022	FY2021 Jan – Dec 2021	FY2020 Jan – Dec 2020	FY2019 Jan – Dec 2019	FY2018 Jan – Dec 2018	FY2017 Jan – Dec 2017	FY2016 Jan – Dec 2016	FY2015 Jan – Dec 2015	FY2014 Jan – Dec 2014	FY2013 Jan – Dec 2013	FY2012 Jan – Dec 2012	FY2011 * Jan – Dec 2011	FY2010 Jan – Dec 2010	FY2009 Jan – Dec 2009	FY2008 * Jan – Dec 2008	FY2007 Jan – Dec 2007	FY2006 Jan – Dec 2006
Net cash from operating activities	—	-183.0%	-24.5%	+71.8%	+40.0%	-66.7%	+43.5%	+50.2%	+83.1%	+12.3%	+316.0%	—	-138.2%	—	—	-837.4%	-76.6%	-67.7%	+36.0%	—
Capital expenditure	+732.9%	+34.2%	+106.9%	+89.9%	+182.0%	-83.7%	-70.4%	+465.8%	+74.6%	-75.3%	+432.4%	-31.5%	-69.3%	+210.6%	+6.3%	-38.5%	-39.0%	+0.2%	+6.6%	—
Net cash from investing activities	-145.0%	—	—	—	—	—	—	—	—	—	—	—	—	-2,145.6%	-86.3%	+29.3%	—	—	—	—
Dividends paid	-1.2%	+78.4%	+2.4%	+1.6%	+10.2%	+96.1%	-1.5%	-20.5%	+100.3%	+275,252.4%	—	—	—	—	-100.0%	—	-100.0%	+200.0%	-96.7%	—
Net cash from financing activities	—	—	—	—	—	—	—	—	-195.4%	—	—	—	—	-100.0%	—	—	—	—	—	—
Net change in cash	+234.7%	+431.1%	-76.6%	—	—	-157.1%	—	-211.9%	+8.8%	—	-230.2%	—	-203.1%	+797.1%	—	-178.9%	—	-295.2%	+464.1%	—

Change against the previous fiscal year; shown when the earlier figure is positive.

Figures in Pakistani rupees as reported by the company; costs and cash outflows in brackets; "—" = not reported. * Figures in this period do not fully reconcile in the source data (hover the * for details). Updated 16 Oct 2026.

All reported line items 54

AGIC cash flow statement — all reported line items (Rs mn)
Rs mn	FY2025 Jan – Dec 2025	FY2024 Jan – Dec 2024	FY2023 Jan – Dec 2023	FY2022 Jan – Dec 2022	FY2021 Jan – Dec 2021	FY2020 Jan – Dec 2020	FY2019 Jan – Dec 2019	FY2018 Jan – Dec 2018	FY2017 Jan – Dec 2017	FY2016 Jan – Dec 2016	FY2015 Jan – Dec 2015	FY2014 Jan – Dec 2014	FY2013 Jan – Dec 2013	FY2012 Jan – Dec 2012	FY2011 Jan – Dec 2011	FY2010 Jan – Dec 2010	FY2009 Jan – Dec 2009	FY2008 Jan – Dec 2008	FY2007 Jan – Dec 2007	FY2006 Jan – Dec 2006
Net Cash Flow from Operating Activities	78.5	(283.8)	341.9	452.7	263.5	188.2	564.6	393.6	262.1	143.1	127.4	30.6	(166.8)	437.2	(15.8)	(52.4)	7.1	30.4	94.4	69.4
Capital Expenditures - Net - Cash Flow	817.9	95.1	68.8	33.7	15.8	3.4	35.1	136.6	24.0	13.4	54.6	7.8	15.5	49.9	10.0	(17.3)	23.1	37.6	40.3	36.0
Property, Plant & Equipment - Purchased/(Sold) - Net - Cash Flow	817.9	95.1	68.8	33.7	15.8	3.4	35.1	136.6	24.0	13.4	54.6	7.8	15.5	49.9	10.0	(17.3)	23.1	37.6	40.3	36.0
Property, Plant & Equipment - Purchased - Cash Flow	833.1	100.0	74.5	36.0	19.0	6.7	41.3	139.7	24.7	14.1	57.3	10.8	15.7	51.2	16.5	15.5	25.2	41.4	41.3	38.8
Property, Plant & Equipment Sold - Cash Flow	15.2	4.9	5.8	2.3	3.2	3.4	6.3	3.1	0.7	0.7	2.6	3.0	0.2	1.3	6.5	32.8	2.2	3.7	1.0	2.8
Capital Expenditures - Total	833.1	100.0	74.5	36.0	19.0	6.7	41.3	139.7	24.7	14.1	57.3	10.8	15.7	51.2	16.5	15.5	25.2	41.4	41.3	38.8
Investments excluding Loans - Decrease/(Increase) - Cash Flow	210.6	477.8	(389.2)	(342.6)	(222.0)	(321.4)	(348.9)	(230.6)	(80.9)	(248.1)	(104.2)	(28.6)	(236.1)	(92.8)	(28.0)	(20.4)	0.5	(110.8)	(43.3)	(56.1)
Investment Securities - Unclassified - Sold/(Purchased) - Net - Total - Cash Flow	210.6	477.8	(389.2)	(342.6)	(222.0)	(321.4)	(348.9)	(230.6)	(80.9)	(248.1)	(104.2)	(28.6)	(236.1)	(92.8)	(28.0)	(20.4)	0.5	(110.8)	(43.3)	(56.1)
Investment Securities - Sold/Matured - Unclassified - Cash Flow	6,881.3	4,104.0	2,824.1	2,310.0	5,225.8	7,204.7	8,957.4	8,073.1	2,353.4	1,584.6	924.1	648.7	454.7	137.1	199.3	1,403.8	180.6	101.8	135.8	52.7
Investment Securities - Purchased - Unclassified - Cash Flow	6,670.8	3,626.2	3,213.3	2,652.7	5,447.8	7,526.2	9,306.3	8,303.8	2,434.3	1,832.7	1,028.2	677.3	690.8	229.9	227.3	1,424.2	180.2	212.6	179.1	108.8
Other Investing Cash Flow - Decrease/(Increase)	242.3	428.5	343.5	277.1	218.2	267.2	162.6	59.5	20.2	10.9	12.6	20.1	54.8	58.3	42.2	33.1	45.9	35.2	35.0	31.3
Net Cash Flow from Investing Activities	(365.0)	811.3	(114.5)	(99.2)	(19.6)	(57.6)	(221.4)	(307.7)	(84.7)	(250.6)	(146.1)	(16.3)	(196.8)	(84.5)	4.1	30.1	23.3	(113.2)	(48.5)	(60.7)
Dividends Paid - Cash - Total - Cash Flow	359.1	363.6	203.8	199.0	195.9	177.8	90.7	92.0	115.8	57.8	0.0	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Dividends - Common - Cash Paid	359.1	363.6	203.8	199.0	195.9	177.8	90.7	92.0	115.8	57.8	0.0	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Stock - Total - Issuance/(Retirement) - Net - Cash Flow	920.3	—	—	—	—	—	—	—	—	233.0	—	0.0	0.0	0.0	50.9	0.0	0.0	—	—	—
Stock - Issuance/(Retirement) - Net - Excluding Options/Warrants - Cash Flow	920.3	—	—	—	—	—	—	—	—	233.0	—	0.0	0.0	0.0	50.9	0.0	0.0	—	—	—
Stock - Common - Issuance/(Retirement) - Net - Cash Flow	920.3	—	—	—	—	—	—	—	—	233.0	—	0.0	0.0	0.0	50.9	0.0	0.0	—	—	—
Stock - Common - Issued/Sold - Cash Flow	920.3	—	—	—	—	—	—	—	—	233.0	—	0.0	0.0	0.0	50.9	0.0	0.0	—	—	—
Debt - Long-Term & Short-Term - Issuance/(Retirement) - Total - Cash Flow	122.3	(52.3)	(12.0)	(68.6)	(78.2)	(66.8)	(61.4)	(25.3)	(20.5)	(26.7)	—	—	—	—	0.0	(0.7)	(1.2)	(1.9)	(2.5)	(0.9)
Debt - Issued/(Reduced) - Long-Term & Short-Term - Cash Flow	—	—	—	—	—	—	—	(25.3)	(20.5)	(26.7)	—	—	—	—	—	—	—	—	—	—
Debt - Reduced - Long-Term & Short-Term - Cash Flow	—	—	—	—	—	—	—	25.3	20.5	26.7	—	—	—	—	—	—	—	—	—	—
Debt - Issued/Reduced - Long-Term - Cash Flow	122.3	(52.3)	(12.0)	(68.6)	(78.2)	(66.8)	(61.4)	—	—	—	—	—	—	—	0.0	(0.7)	(1.2)	(1.9)	(2.5)	(0.9)
Lease liabilities - Issued/(Reduced) - Cash Flow	122.3	(52.3)	(12.0)	(68.6)	(78.2)	(66.8)	(61.4)	—	—	—	—	—	—	—	0.0	(0.7)	(1.2)	(1.9)	(2.5)	(0.9)
Debt - Issued - Long-Term - Cash Flow	122.3	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Lease liabilities - Issued - Cash flow	122.3	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Debt - Reduced - Long-Term - Cash Flow	—	52.3	12.0	68.6	78.2	66.8	61.4	—	—	—	—	—	—	—	0.0	0.7	1.2	1.9	2.5	0.9
Lease liabilities - Reduced - Cash flow represents cash outflow due to the repayment of lease liability/debt of the company. It includes finance leases, capitalized lease, and hire-purchase agreement. Applicable to all industries. If Lease liability issue	—	52.3	12.0	68.6	78.2	66.8	61.4	—	—	—	—	—	—	—	0.0	0.7	1.2	1.9	2.5	0.9
Other Financing Cash Flow - Increase/(Decrease)	(5.1)	5.5	10.4	8.5	(1.2)	0.1	8.5	(13.0)	(1.2)	(4.3)	—	—	—	—	—	—	—	—	—	—
Net Cash Flow from Financing Activities	678.4	(410.4)	(205.4)	(259.1)	(275.3)	(244.6)	(143.6)	(130.4)	(137.5)	144.1	(0.0)	0.0	0.0	0.0	50.9	(0.7)	(1.2)	(1.9)	(2.5)	(1.0)
Net Change in Cash - Total	391.9	117.1	22.1	94.4	(31.4)	(114.0)	199.6	(44.6)	39.9	36.6	(18.7)	14.4	(363.6)	352.7	39.3	(23.0)	29.2	(84.7)	43.4	7.7
Net Cash from Continuing Operations	391.9	117.1	22.1	94.4	(31.4)	(114.0)	199.6	(44.6)	39.9	36.6	(18.7)	14.4	(363.6)	352.7	39.3	(23.0)	29.2	(84.7)	43.4	7.7
Net Cash - Beginning Balance	434.9	317.8	295.7	201.4	232.8	346.8	147.2	191.8	151.9	115.3	134.0	119.6	483.2	130.6	91.3	114.3	85.1	169.8	126.4	118.7
Net Cash - Ending Balance	826.8	434.9	317.8	295.7	201.4	232.8	346.8	147.2	191.8	151.9	115.3	134.0	119.6	483.2	130.6	91.3	114.3	85.1	169.8	126.4
Interest Paid - Cash (Cash Flow - Direct)	42.4	22.0	23.3	25.6	13.4	17.0	12.4	4.3	5.1	4.0	1.0	—	—	—	0.0	0.0	0.2	0.4	0.4	0.2
Cash Receipts - Business Activities - Cash Flow	444.2	663.7	306.5	316.9	144.7	376.4	146.0	449.3	107.7	62.9	86.8	101.2	250.8	78.4	54.2	124.7	44.7	55.2	36.1	9.9
Fees Received - Cash Flow	444.2	663.7	306.5	316.9	144.7	376.4	146.0	449.3	107.7	62.9	86.8	101.2	250.8	78.4	54.2	124.7	44.7	55.2	36.1	9.9
Cash Payments - Business Activities - Cash Flow	7,153.4	7,197.6	5,315.6	4,316.8	3,573.8	3,787.7	2,845.4	3,800.8	1,735.2	1,863.2	1,681.1	1,485.2	2,031.1	1,102.1	987.3	1,481.9	1,085.5	917.0	699.4	604.0
Reinsurance Paid - Cash Flow	2,242.5	2,510.9	1,623.0	1,456.6	831.1	1,493.7	490.9	1,689.0	414.8	506.3	399.0	374.8	1,067.7	297.6	253.6	691.3	293.0	245.6	137.8	126.6
Claims Paid - Cash Flow	3,448.1	3,464.1	2,476.4	1,889.7	1,887.3	1,484.2	1,613.1	1,402.2	1,005.1	1,045.3	1,017.2	854.6	732.1	600.4	534.8	588.3	591.5	515.5	430.3	352.7
Cash Payments - Other - Cash Flow	1,462.8	1,222.6	1,216.2	970.5	855.4	809.8	741.5	709.7	315.3	311.7	264.8	255.8	231.4	204.0	198.9	202.3	201.0	155.9	131.2	124.7
Income Taxes - Paid/(Reimbursed) - Cash Flow	524.4	331.6	278.8	142.1	149.3	145.3	142.6	141.2	92.0	98.4	71.5	36.1	32.1	17.2	14.3	2.2	2.0	11.0	40.4	29.9
Interest & Dividends - Received - Total - Cash Flow - Direct	34.0	67.5	69.5	19.7	17.2	2.8	7.9	33.7	9.7	23.5	8.3	1.7	2.3	1.2	1.3	1.2	2.5	5.1	6.0	5.1
Cash Receipts/(Payments) - Net - Cash Flow	7,320.5	6,536.3	5,583.7	4,600.6	3,838.1	3,759.1	3,411.1	3,856.9	1,977.0	2,022.3	1,785.9	1,449.2	1,643.3	1,476.8	930.3	1,305.7	1,047.7	898.5	792.4	688.5
Income Taxes - Paid/(Reimbursed) - Cash Flow - Supplemental	524.4	331.6	278.8	142.1	149.3	145.3	142.6	141.2	92.0	98.4	71.5	36.1	32.1	17.2	14.3	2.2	2.0	11.0	40.4	29.9
Interest Paid - Cash Flow - Supplemental	42.4	22.0	23.3	25.6	13.4	17.0	12.4	4.3	5.1	4.0	1.0	—	—	—	0.0	0.0	0.2	0.4	0.4	0.2
Interest & Dividends - Received - Cash Flow - Supplemental	34.0	67.5	69.5	19.7	17.2	2.8	7.9	33.7	9.7	23.5	8.3	1.7	2.3	1.2	1.3	1.2	2.5	5.1	6.0	5.1
Working Capital - Cash Flow - Direct - Supplemental	6,821.8	6,506.6	5,610.1	4,488.1	3,739.6	3,684.9	3,416.1	3,789.8	1,980.6	2,010.6	1,778.5	1,437.4	1,664.9	1,397.3	930.5	1,280.9	1,041.4	883.2	763.5	680.8
CF from Optg Activities before Change in WC & Int Payments	121.0	(261.8)	365.2	478.3	276.9	205.2	577.0	397.9	267.2	147.1	128.4	30.6	80.5	437.2	(15.8)	(52.4)	7.3	30.8	94.7	69.6
Cash Dividends Paid & Common Stock Buyback - Net	(561.2)	—	—	—	—	—	—	—	—	(175.2)	—	—	—	—	(50.9)	0.0	0.0	—	—	—
Common Stock Buyback - Net	(920.3)	—	—	—	—	—	—	—	—	(233.0)	—	0.0	0.0	0.0	(50.9)	(0.0)	0.0	—	—	—
Depreciation, Depletion & Amortization - Cash Flow	—	—	—	—	—	—	—	—	—	—	—	28.3	26.2	—	—	—	—	—	—	—
Free Cash Flow to Equity	(617.1)	(431.1)	261.2	350.4	169.5	118.0	468.1	231.6	217.6	102.9	72.8	22.9	(182.3)	387.2	(25.8)	(35.8)	(17.2)	(9.1)	51.6	32.5
Free Cash Flow Net of Dividends	(1,113.7)	(747.5)	63.6	217.7	48.7	3.6	432.6	161.9	121.6	71.2	70.2	19.9	(182.5)	386.0	(32.2)	(67.9)	(18.1)	(10.9)	53.0	30.6
Free Cash Flow	(754.5)	(383.8)	267.4	416.7	244.5	181.5	523.3	253.9	237.4	129.0	70.2	19.9	(182.5)	386.0	(32.2)	(67.9)	(18.1)	(10.9)	53.0	30.6

Every line the company reported, in the original order and wording, without regrouping or signs changed.