EFU General Insurance Limited (EFUG) cash flow statement

Operating activities generated Rs 16.4 bn of cash in FY2025 (Jan – Dec 2025), down 43.7% on FY2024. Capital expenditure was Rs 1.2 bn. Dividends paid to shareholders came to Rs 2.8 bn. Overall, cash increased by Rs 3.7 bn.

EFUG cash flow statement (annual) (Rs bn)
Rs bn	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	16.4	29.2	30.0	74.3	60.8	30.7	28.2	22.0	13.0	8.9	9.9	9.4	9.6	6.6	7.4	6.3	5.4	7.1	6.2	6.5
Capital expenditure	(1.2)	(1.2)	(1.4)	(0.7)	(0.8)	(0.6)	(1.0)	(0.9)	(0.4)	(0.2)	(0.4)	(0.2)	(0.2)	(0.3)	(0.2)	(0.3)	(0.1)	(0.2)	(0.2)	(0.1)
Net cash from investing activities	(9.6)	(34.2)	(32.6)	(31.2)	(7.8)	(18.6)	(11.3)	9.8	(2.7)	(0.5)	(0.9)	(0.3)	(0.8)	(0.6)	(0.8)	0.2	(0.2)	0.9	(0.5)	(0.9)
Dividends paid	(2.8)	(2.8)	(2.8)	(2.7)	(2.8)	(2.8)	(3.0)	(2.8)	(2.1)	(1.3)	(1.2)	(0.6)	(0.6)	(0.5)	(0.2)	(0.4)	(0.4)	(0.6)	(0.1)	(0.1)
Net cash from financing activities	(3.1)	(3.0)	(3.0)	(3.0)	(3.0)	(3.0)	(3.0)	(2.8)	(2.1)	(1.3)	(1.2)	(0.6)	(0.6)	(0.5)	(0.2)	(0.4)	(0.4)	(0.6)	(0.1)	(0.1)
Net change in cash	3.7	(7.1)	(5.7)	(9.6)	4.4	(0.8)	5.5	19.9	(0.0)	0.1	0.2	(0.6)	0.4	(0.1)	0.1	0.4	0.0	0.1	0.0	(0.1)

EFUG 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	-43.7%	-2.7%	-59.6%	+22.2%	+98.0%	+8.8%	+28.4%	+69.3%	+45.5%	-9.9%	+5.2%	-1.7%	+44.4%	-10.8%	+17.2%	+16.5%	-23.4%	+13.9%	-4.2%	—
Capital expenditure	+0.8%	-13.1%	+97.0%	-9.4%	+32.4%	-40.3%	+10.0%	+132.7%	+81.6%	-43.5%	+63.4%	+19.8%	-33.3%	+32.8%	-32.2%	+150.5%	-41.2%	+30.2%	+13.3%	—
Net cash from investing activities	—	—	—	—	—	—	-215.1%	—	—	—	—	—	—	—	-506.2%	—	-121.6%	—	—	—
Dividends paid	+1.5%	-0.0%	+1.0%	-1.3%	-0.7%	-6.0%	+7.1%	+31.8%	+63.8%	+3.2%	+94.5%	+5.0%	+33.8%	+200.8%	-66.1%	+20.7%	-36.0%	+294.3%	+67.5%	—
Net cash from financing activities	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Net change in cash	—	—	—	-314.8%	—	-115.4%	-72.6%	—	-126.5%	-48.1%	—	-236.1%	—	-271.2%	-85.6%	+677.3%	-67.4%	+422.3%	—	—

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 52

EFUG cash flow statement — all reported line items (Rs bn)
Rs bn	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
Non-cash Items & Reconciliation Adjustments - Cash Flow	—	—	—	1.4	1.0	1.0	1.0	0.6	0.2	0.2	(0.4)	(0.5)	(0.4)	—	—	—	—	—	—	0.1
Other Non-Cash Items & Reconciliation Adjustments - Cash Flow - to Reconcile	—	—	—	—	—	—	—	—	—	(0.0)	(0.6)	(0.5)	(0.4)	—	—	—	—	—	—	0.1
Depreciation, Depletion & Amortization including Impairment - Cash Flow - to Reconcile	—	—	—	1.4	1.0	1.0	1.0	0.6	0.2	0.2	0.2	—	—	—	—	—	—	—	—	—
Depreciation & Depletion - Property, Plant & Equipment - Cash Flow - to Reconcile	—	—	—	1.4	1.0	1.0	1.0	0.6	0.2	0.2	0.2	—	—	—	—	—	—	—	—	—
Income Taxes - Paid/(Reimbursed) - Cash Flow	—	—	—	1.8	2.1	1.3	2.5	1.6	1.4	1.1	0.7	0.3	0.1	0.1	0.1	0.0	0.1	0.1	0.1	0.2
Interest & Dividends - Received - Total - Cash Flow	—	—	—	20.2	13.4	13.5	11.2	6.9	1.6	1.1	1.0	0.6	0.6	0.7	0.5	0.5	0.4	0.3	0.4	0.3
Cash Flow from Operating Activities before Changes in Working Capital	—	—	—	19.8	12.3	13.2	9.6	5.9	0.5	0.2	(0.1)	(0.2)	0.1	(1.6)	(1.5)	(1.6)	(1.5)	(1.4)	(1.0)	0.2
Working Capital - Increase/(Decrease) - Cash Flow	—	—	—	54.5	48.5	17.5	18.6	16.0	12.5	8.7	10.0	9.6	9.5	8.3	9.0	7.9	6.9	8.5	7.3	6.3
Insurance Receivables Decrease/(Increase) - Cash Flow	—	—	—	70.6	61.3	30.4	30.6	27.3	22.2	16.8	17.2	17.8	16.4	14.1	14.7	11.9	10.6	12.2	10.0	8.8
Insurance Payables including Reinsurance - Increase/(Decrease) - Cash Flow	—	—	—	(16.2)	(12.8)	(12.9)	(12.0)	(11.2)	(9.7)	(8.1)	(7.2)	(8.2)	(6.9)	(5.8)	(5.7)	(4.0)	(3.7)	(3.7)	(2.7)	(2.5)
Net Cash Flow from Operating Activities	16.4	29.2	30.0	74.3	60.8	30.7	28.2	22.0	13.0	8.9	9.9	9.4	9.6	6.6	7.4	6.3	5.4	7.1	6.2	6.5
Capital Expenditures - Net - Cash Flow	0.9	0.8	1.1	0.6	0.7	0.5	0.9	0.8	0.3	0.2	0.3	0.2	0.2	0.3	0.2	0.3	0.1	0.2	0.1	0.1
Property, Plant & Equipment - Purchased/(Sold) - Net - Cash Flow	0.9	0.8	1.1	0.6	0.7	0.5	0.9	0.8	0.3	0.2	0.3	0.2	0.2	0.3	0.2	0.3	0.1	0.2	0.1	0.1
Property, Plant & Equipment - Purchased - Cash Flow	1.2	1.2	1.4	0.7	0.8	0.6	1.0	0.9	0.4	0.2	0.4	0.2	0.2	0.3	0.2	0.3	0.1	0.2	0.2	0.1
Property, Plant & Equipment Sold - Cash Flow	0.3	0.4	0.3	0.2	0.1	0.1	0.1	0.1	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Capital Expenditures - Total	1.2	1.2	1.4	0.7	0.8	0.6	1.0	0.9	0.4	0.2	0.4	0.2	0.2	0.3	0.2	0.3	0.1	0.2	0.2	0.1
Acquisition & Disposals of Business - Assets - Sold/(Acquired) - Net - Cash Flow	—	—	—	—	—	—	0.0	18.1	0.0	—	—	—	—	—	—	—	—	—	—	—
Investments excluding Loans - Decrease/(Increase) - Cash Flow	(8.8)	(33.6)	(31.7)	(30.7)	(7.3)	(18.1)	(10.6)	(7.6)	(2.4)	(0.4)	(0.6)	(0.2)	(0.7)	(0.4)	(0.7)	0.4	(0.2)	1.1	(0.4)	(0.9)
Investment Securities - Unclassified - Sold/(Purchased) - Net - Total - Cash Flow	(8.8)	(33.6)	(31.7)	(30.7)	(7.3)	(18.1)	(10.6)	(7.6)	(2.4)	(0.4)	(0.6)	(0.2)	(0.7)	(0.4)	(0.7)	0.4	(0.2)	1.1	(0.4)	(0.9)
Investment Securities - Sold/Matured - Unclassified - Cash Flow	246.1	194.8	253.7	76.0	102.1	91.3	428.1	266.4	14.5	9.8	8.4	12.4	8.3	2.7	1.7	1.0	4.0	4.3	24.8	3.2
Investment Securities - Purchased - Unclassified - Cash Flow	254.9	228.4	285.4	106.8	109.4	109.4	438.7	274.0	16.9	10.2	9.1	12.6	9.0	3.1	2.4	0.6	4.1	3.3	25.2	4.0
Other Investing Cash Flow - Decrease/(Increase)	0.1	0.2	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.0	0.0	0.0	0.1	0.1	0.1	0.1	0.1	0.1
Net Cash Flow from Investing Activities	(9.6)	(34.2)	(32.6)	(31.2)	(7.8)	(18.6)	(11.3)	9.8	(2.7)	(0.5)	(0.9)	(0.3)	(0.8)	(0.6)	(0.8)	0.2	(0.2)	0.9	(0.5)	(0.9)
Dividends Paid - Cash - Total - Cash Flow	2.8	2.8	2.8	2.7	2.8	2.8	3.0	2.8	2.1	1.3	1.2	0.6	0.6	0.5	0.2	0.4	0.4	0.6	0.1	0.1
Dividends - Common - Cash Paid	2.8	2.8	2.8	2.7	2.8	2.8	3.0	2.8	2.1	1.3	1.2	0.6	0.6	0.5	0.2	0.4	0.4	0.6	0.1	0.1
Debt - Long-Term & Short-Term - Issuance/(Retirement) - Total - Cash Flow	(0.3)	(0.3)	(0.2)	(0.2)	(0.2)	(0.2)	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Debt - Issued/Reduced - Long-Term - Cash Flow	(0.3)	(0.3)	(0.2)	(0.2)	(0.2)	(0.2)	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Lease liabilities - Issued/(Reduced) - Cash Flow	(0.3)	(0.3)	(0.2)	(0.2)	(0.2)	(0.2)	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Debt - Reduced - Long-Term - Cash Flow	0.3	0.3	0.2	0.2	0.2	0.2	—	—	—	—	—	—	—	—	—	—	—	—	—	—
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	0.3	0.3	0.2	0.2	0.2	0.2	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Net Cash Flow from Financing Activities	(3.1)	(3.0)	(3.0)	(3.0)	(3.0)	(3.0)	(3.0)	(2.8)	(2.1)	(1.3)	(1.2)	(0.6)	(0.6)	(0.5)	(0.2)	(0.4)	(0.4)	(0.6)	(0.1)	(0.1)
Non-Classified Cash Flows	—	1.1	0.0	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Net Change in Cash - Total	3.7	(7.1)	(5.7)	(9.6)	4.4	(0.8)	5.5	19.9	(0.0)	0.1	0.2	(0.6)	0.4	(0.1)	0.1	0.4	0.0	0.1	0.0	(0.1)
Net Cash from Continuing Operations	3.7	(8.1)	(5.7)	40.1	50.0	9.1	13.9	29.0	8.2	7.1	7.8	8.4	8.1	5.6	6.5	6.1	4.9	7.5	5.6	5.5
Net Cash - Beginning Balance	8.1	15.1	20.8	30.2	25.7	26.6	21.1	1.2	1.2	1.7	1.5	2.1	1.7	1.8	1.7	1.3	1.3	1.2	1.1	1.2
Net Cash - Ending Balance	11.7	8.1	15.1	20.6	30.2	25.7	26.6	21.1	1.2	1.9	1.7	1.5	2.1	1.7	1.8	1.7	1.3	1.3	1.2	1.1
Cash Receipts - Business Activities - Cash Flow	1.7	1.8	1.3	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Cash Receipts - Other - Cash Flow	1.7	1.8	1.3	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Cash Payments - Business Activities - Cash Flow	85.0	71.0	53.6	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Claims Paid - Cash Flow	60.7	51.1	40.1	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Cash Payments - Other - Cash Flow	24.4	19.8	13.5	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Income Taxes - Paid/(Reimbursed) - Cash Flow	5.0	4.5	2.9	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Interest & Dividends - Received - Total - Cash Flow - Direct	31.6	42.8	36.1	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Cash Receipts/(Payments) - Net - Cash Flow	73.1	60.0	49.0	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Income Taxes - Paid/(Reimbursed) - Cash Flow - Supplemental	5.0	4.5	2.9	1.8	2.1	1.3	2.5	1.6	1.4	1.1	0.7	0.3	0.1	0.1	0.1	0.0	0.1	0.1	0.1	0.2
Interest & Dividends - Received - Cash Flow - Supplemental	31.6	42.8	36.1	20.2	13.4	13.5	11.2	6.9	1.6	1.1	1.0	0.6	0.6	0.7	0.5	0.5	0.4	0.3	0.4	0.3
Working Capital - Cash Flow - Direct - Supplemental	73.1	60.0	49.0	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
CF from Optg Activities before Change in WC & Int Payments	16.4	29.2	30.0	19.8	12.3	13.2	9.6	5.9	0.5	0.2	(0.1)	(0.2)	0.1	(1.6)	(1.5)	(1.6)	(1.5)	(1.4)	(1.0)	0.2
Depreciation, Depletion & Amortization - Cash Flow	—	—	—	1.4	1.0	1.0	1.0	0.6	0.2	0.2	0.2	—	—	—	—	—	—	—	—	—
Free Cash Flow to Equity	15.2	28.1	28.7	73.5	59.9	30.0	27.4	21.2	12.6	8.7	9.5	9.2	9.4	6.4	7.2	6.0	5.3	6.9	6.1	6.4
Free Cash Flow Net of Dividends	12.4	25.2	25.8	70.8	57.2	27.3	24.2	18.3	10.5	7.4	8.3	8.5	8.8	5.9	7.1	5.6	4.9	6.3	5.9	6.3
Free Cash Flow	15.2	27.9	28.6	73.6	60.0	30.1	27.2	21.1	12.6	8.7	9.5	9.2	9.4	6.3	7.2	6.0	5.3	6.9	6.1	6.4

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