Habib Insurance Company Limited (HICL) quarterly cash flow statement

Operating activities generated -Rs 176.6 mn of cash in Q2 FY2026 (Apr – Jun 2026), down 125.3% on Q2 FY2025. Capital expenditure was Rs 41.7 mn. Dividends paid to shareholders came to Rs 75.2 mn. Overall, cash decreased by Rs 163.6 mn.

HICL cash flow statement (quarterly) (Rs mn)
Rs mn	TTM to Jun 2026	Q2 FY2026 * Apr – Jun 2026	Q1 FY2026 * Jan – Mar 2026	Q4 FY2025 * Oct – Dec 2025	Q3 FY2025 * Jul – Sep 2025	Q2 FY2025 * Apr – Jun 2025	Q1 FY2025 * Jan – Mar 2025	Q4 FY2024 * Oct – Dec 2024	Q3 FY2024 * Jul – Sep 2024	Q2 FY2024 * Apr – Jun 2024	Q1 FY2024 * Jan – Mar 2024	Q4 FY2023 * Oct – Dec 2023	Q3 FY2023 * Jul – Sep 2023	Q2 FY2023 * Apr – Jun 2023	Q1 FY2023 * Jan – Mar 2023	Q4 FY2022 * Oct – Dec 2022	Q3 FY2022 * Jul – Sep 2022	Q2 FY2022 * Apr – Jun 2022	Q1 FY2022 * Jan – Mar 2022	Q4 FY2021 * Oct – Dec 2021	Q3 FY2021 * Jul – Sep 2021
Net cash from operating activities	989.8	(176.6)	273.3	357.1	535.9	696.9	181.4	499.3	499.0	479.3	439.8	522.6	403.9	417.3	9.6	912.1	315.8	383.6	370.6	372.6	242.7
Capital expenditure	(89.6)	(41.7)	(31.6)	(14.4)	(2.0)	(4.4)	(8.5)	(2.0)	(25.0)	(4.7)	(2.0)	(10.4)	(41.3)	(4.0)	(3.9)	(2.5)	(1.0)	(5.1)	(1.2)	(5.7)	(1.3)
Net cash from investing activities	457.0	327.9	(31.2)	194.9	(34.7)	(79.0)	(331.3)	338.3	(568.9)	(54.1)	(1.9)	590.8	(1.5)	(3.9)	(54.8)	(689.5)	433.8	(37.6)	(167.6)	179.0	(107.1)
Dividends paid	(75.2)	(75.2)	0.0	(0.0)	0.0	(120.7)	—	(0.1)	0.0	(75.2)	0.0	(0.0)	(1.4)	(73.9)	(0.7)	(0.8)	(0.2)	(74.1)	(0.0)	(0.1)	(0.4)
Net cash from financing activities	(96.5)	(76.4)	(8.9)	(5.0)	(6.3)	(123.7)	(8.1)	(1.8)	(6.7)	(77.5)	(5.6)	(7.8)	(7.8)	(76.6)	(4.9)	(4.0)	(3.6)	(76.5)	(0.0)	(57.7)	8.8
Net change in cash	(189.0)	(163.6)	29.4	76.4	(131.1)	171.6	(383.3)	350.0	(700.9)	(2.2)	132.4	565.8	(13.7)	(225.8)	(161.2)	(201.5)	436.1	50.1	(67.1)	201.6	(114.6)

HICL cash flow statement — year-on-year change (Rs mn)
Rs mn	Q2 FY2026 * Apr – Jun 2026	Q1 FY2026 * Jan – Mar 2026	Q4 FY2025 * Oct – Dec 2025	Q3 FY2025 * Jul – Sep 2025	Q2 FY2025 * Apr – Jun 2025	Q1 FY2025 * Jan – Mar 2025	Q4 FY2024 * Oct – Dec 2024	Q3 FY2024 * Jul – Sep 2024	Q2 FY2024 * Apr – Jun 2024	Q1 FY2024 * Jan – Mar 2024	Q4 FY2023 * Oct – Dec 2023	Q3 FY2023 * Jul – Sep 2023	Q2 FY2023 * Apr – Jun 2023	Q1 FY2023 * Jan – Mar 2023	Q4 FY2022 * Oct – Dec 2022	Q3 FY2022 * Jul – Sep 2022	Q2 FY2022 * Apr – Jun 2022	Q1 FY2022 * Jan – Mar 2022	Q4 FY2021 * Oct – Dec 2021	Q3 FY2021 * Jul – Sep 2021
Net cash from operating activities	-125.3%	+50.7%	-28.5%	+7.4%	+45.4%	-58.8%	-4.5%	+23.5%	+14.9%	+4,492.0%	-42.7%	+27.9%	+8.8%	-97.4%	+144.8%	+30.1%	+54.1%	+29.3%	-12.9%	-14.6%
Capital expenditure	+839.0%	+271.6%	+621.5%	-91.9%	-6.0%	+328.9%	-80.8%	-39.5%	+17.4%	-48.8%	+317.9%	+4,235.8%	-21.9%	+228.0%	-56.5%	-25.0%	+23.9%	-90.8%	—	-84.5%
Net cash from investing activities	—	—	-42.4%	—	—	—	-42.7%	—	—	—	—	-100.3%	—	—	-485.3%	—	-1,679.3%	—	+58.9%	—
Dividends paid	-37.7%	—	-83.8%	—	+60.5%	—	+228.9%	-100.0%	+1.7%	-100.0%	-94.5%	+511.0%	-0.3%	+68,800.0%	+1,278.0%	-43.0%	+23.1%	-93.8%	+637.5%	-33.2%
Net cash from financing activities	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	-141.0%	—	—	—	—
Net change in cash	-195.3%	—	-78.2%	—	—	-389.5%	-38.2%	—	—	—	—	-103.2%	-550.6%	—	-199.9%	—	—	—	-16.9%	-495.4%

Change against the same quarter a year earlier; shown when the earlier figure is positive.

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

All reported line items 43

HICL cash flow statement — all reported line items (Rs mn)
Rs mn	Q2 FY2026 Apr – Jun 2026	Q1 FY2026 Jan – Mar 2026	Q4 FY2025 Oct – Dec 2025	Q3 FY2025 Jul – Sep 2025	Q2 FY2025 Apr – Jun 2025	Q1 FY2025 Jan – Mar 2025	Q4 FY2024 Oct – Dec 2024	Q3 FY2024 Jul – Sep 2024	Q2 FY2024 Apr – Jun 2024	Q1 FY2024 Jan – Mar 2024	Q4 FY2023 Oct – Dec 2023	Q3 FY2023 Jul – Sep 2023	Q2 FY2023 Apr – Jun 2023	Q1 FY2023 Jan – Mar 2023	Q4 FY2022 Oct – Dec 2022	Q3 FY2022 Jul – Sep 2022	Q2 FY2022 Apr – Jun 2022	Q1 FY2022 Jan – Mar 2022	Q4 FY2021 Oct – Dec 2021	Q3 FY2021 Jul – Sep 2021
Non-cash Items & Reconciliation Adjustments - Cash Flow	(166.0)	(261.0)	(214.8)	(138.9)	(201.9)	(259.0)	(114.8)	(49.2)	(299.4)	(152.9)	(119.1)	(95.9)	(203.0)	(210.2)	(281.4)	(101.3)	(98.7)	(119.9)	(121.8)	(83.5)
Other Non-Cash Items & Reconciliation Adjustments - Cash Flow - to Reconcile	(178.4)	(271.2)	(222.1)	(147.5)	(210.4)	(267.5)	(123.2)	(57.3)	(307.0)	(160.6)	(128.7)	(102.4)	(209.1)	(214.9)	(285.9)	(106.1)	(102.6)	(125.4)	(127.8)	(90.8)
Depreciation, Depletion & Amortization including Impairment - Cash Flow - to Reconcile	12.4	10.2	7.3	8.6	8.5	8.5	8.4	8.1	7.6	7.8	9.6	6.5	6.1	4.7	4.5	4.8	3.9	5.5	6.0	7.2
Depreciation & Depletion - Property, Plant & Equipment - Cash Flow - to Reconcile	12.4	10.2	7.3	8.6	8.5	8.5	8.4	8.1	7.6	7.8	9.6	6.5	6.1	4.7	4.5	4.8	3.9	5.5	6.0	7.2
Income Taxes - Paid/(Reimbursed) - Cash Flow	21.4	31.9	28.4	28.6	(44.4)	80.0	31.4	21.9	(64.3)	103.7	16.1	4.0	(8.1)	26.8	(3.7)	21.3	8.0	17.9	51.1	(17.4)
Interest Paid - Cash	—	—	—	—	—	—	—	—	—	—	—	—	14.2	—	—	—	—	—	—	—
Interest & Dividends - Received - Total - Cash Flow	94.9	69.2	90.3	46.7	79.9	62.7	83.9	54.4	136.2	77.0	154.3	50.1	32.0	85.5	50.4	34.7	19.3	79.4	32.4	22.9
Cash Flow from Operating Activities before Changes in Working Capital	(92.4)	(223.7)	(152.9)	(120.9)	(77.6)	(276.4)	(62.3)	(16.8)	(98.9)	(179.6)	19.1	(49.9)	(177.1)	(151.5)	(227.2)	(87.9)	(87.4)	(58.5)	(140.4)	(43.2)
Working Capital - Increase/(Decrease) - Cash Flow	(84.1)	497.0	510.0	656.8	774.5	457.7	561.5	515.7	578.2	619.4	503.5	453.8	594.4	161.0	1,139.3	403.8	471.0	429.0	513.0	285.9
Insurance Receivables Decrease/(Increase) - Cash Flow	889.8	1,333.7	1,296.0	1,285.4	1,294.3	830.7	1,202.3	1,007.7	994.5	956.8	980.2	890.0	1,100.1	525.0	1,518.9	748.1	762.2	715.5	892.9	508.1
Insurance Payables including Reinsurance - Increase/(Decrease) - Cash Flow	(974.0)	(836.7)	(786.0)	(628.6)	(519.8)	(372.9)	(640.7)	(492.0)	(416.3)	(337.4)	(476.8)	(436.2)	(505.7)	(363.9)	(379.6)	(344.4)	(291.2)	(286.4)	(379.9)	(222.1)
Net Cash Flow from Operating Activities	(176.6)	273.3	357.1	535.9	696.9	181.4	499.3	499.0	479.3	439.8	522.6	403.9	417.3	9.6	912.1	315.8	383.6	370.6	372.6	242.7
Capital Expenditures - Net - Cash Flow	41.5	31.2	14.2	1.7	4.3	8.4	1.4	24.7	4.2	1.9	10.3	40.9	3.9	3.6	(0.2)	0.0	3.1	1.2	(149.3)	1.2
Property, Plant & Equipment - Purchased/(Sold) - Net - Cash Flow	41.5	31.2	14.2	1.7	4.3	8.4	1.4	24.7	4.2	1.9	10.3	40.9	3.9	3.6	(0.2)	0.0	3.1	1.2	(149.3)	1.2
Property, Plant & Equipment - Purchased - Cash Flow	41.7	31.6	14.4	2.0	4.4	8.5	2.0	25.0	4.7	2.0	10.4	41.3	4.0	3.9	2.5	1.0	5.1	1.2	5.7	1.3
Property, Plant & Equipment Sold - Cash Flow	0.2	0.3	0.1	0.3	0.1	0.1	0.5	0.3	0.5	0.1	0.1	0.4	0.1	0.2	2.7	0.9	2.1	0.0	155.0	0.0
Capital Expenditures - Total	41.7	31.6	14.4	2.0	4.4	8.5	2.0	25.0	4.7	2.0	10.4	41.3	4.0	3.9	2.5	1.0	5.1	1.2	5.7	1.3
Investments excluding Loans - Decrease/(Increase) - Cash Flow	369.4	0.0	209.2	(32.9)	(74.7)	(322.9)	339.7	(544.2)	(49.9)	0.0	601.1	39.4	0.0	(51.1)	(689.7)	433.8	(34.5)	(166.4)	29.6	(105.9)
Investment Securities - Unclassified - Sold/(Purchased) - Net - Total - Cash Flow	369.4	0.0	209.2	(32.9)	(74.7)	(322.9)	339.7	(544.2)	(49.9)	0.0	601.1	39.4	0.0	(51.1)	(689.7)	433.8	(34.5)	(166.4)	29.6	(105.9)
Investment Securities - Sold/Matured - Unclassified - Cash Flow	369.5	0.0	209.2	0.0	449.1	99.3	410.5	0.0	0.0	0.0	698.8	39.5	0.0	324.9	822.7	678.9	393.1	121.8	124.8	267.7
Investment Securities - Purchased - Unclassified - Cash Flow	0.1	0.0	0.0	32.9	523.8	422.2	70.8	544.2	49.9	0.0	97.8	0.1	0.0	376.1	1,512.4	245.0	427.7	288.2	95.2	373.6
Net Cash Flow from Investing Activities	327.9	(31.2)	194.9	(34.7)	(79.0)	(331.3)	338.3	(568.9)	(54.1)	(1.9)	590.8	(1.5)	(3.9)	(54.8)	(689.5)	433.8	(37.6)	(167.6)	179.0	(107.1)
Dividends Paid - Cash - Total - Cash Flow	75.2	0.0	0.0	0.0	120.7	—	0.1	0.0	75.2	0.0	0.0	1.4	73.9	0.7	0.8	0.2	74.1	0.0	0.1	0.4
Dividends - Common - Cash Paid	75.2	0.0	0.0	0.0	120.7	—	0.1	0.0	75.2	0.0	0.0	1.4	73.9	0.7	0.8	0.2	74.1	0.0	0.1	0.4
Debt - Long-Term & Short-Term - Issuance/(Retirement) - Total - Cash Flow	(1.2)	(8.9)	(5.0)	(6.3)	(3.0)	(8.1)	(1.6)	(6.7)	(2.3)	(5.6)	(7.8)	(6.4)	(2.7)	(4.2)	(3.1)	(3.4)	(2.4)	0.0	(57.6)	9.2
Debt - Issued/Reduced - Long-Term - Cash Flow	(1.2)	(8.9)	(5.0)	(6.3)	(3.0)	(8.1)	(1.6)	(6.7)	(2.3)	(5.6)	(7.8)	(6.4)	(2.7)	(4.2)	(3.1)	(3.4)	(2.4)	0.0	(57.6)	9.2
Lease liabilities - Issued/(Reduced) - Cash Flow	(1.2)	(8.9)	(5.0)	(6.3)	(3.0)	(8.1)	(1.6)	(6.7)	(2.3)	(5.6)	(7.8)	(6.4)	(2.7)	(4.2)	(3.1)	(3.4)	(2.4)	0.0	(57.6)	(8.8)
Debt - Issued - Long-Term - Cash Flow	—	—	—	—	0.0	—	—	—	—	—	—	—	—	—	—	—	—	—	—	18.0
Debt - Reduced - Long-Term - Cash Flow	1.2	8.9	5.0	6.3	3.0	8.1	1.6	6.7	2.3	5.6	7.8	6.4	2.7	4.2	3.1	3.4	2.4	0.0	57.6	8.8
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	1.2	8.9	5.0	6.3	3.0	8.1	1.6	6.7	2.3	5.6	7.8	6.4	2.7	4.2	3.1	3.4	2.4	0.0	57.6	8.8
Net Cash Flow from Financing Activities	(76.4)	(8.9)	(5.0)	(6.3)	(123.7)	(8.1)	(1.8)	(6.7)	(77.5)	(5.6)	(7.8)	(7.8)	(76.6)	(4.9)	(4.0)	(3.6)	(76.5)	(0.0)	(57.7)	8.8
Net Change in Cash - Total	(163.6)	29.4	76.4	(131.1)	171.6	(383.3)	350.0	(700.9)	(2.2)	132.4	565.8	(13.7)	(225.8)	(161.2)	(201.5)	436.1	50.1	(67.1)	201.6	(114.6)
Net Cash from Continuing Operations	75.0	233.2	547.1	495.0	494.3	(157.9)	835.8	(76.6)	347.7	432.3	1,105.6	394.6	336.8	(50.1)	218.6	746.0	269.5	203.0	493.9	144.4
Net Cash - Beginning Balance	71.6	(15.9)	(92.2)	38.9	(132.7)	250.6	(99.4)	601.6	603.8	471.4	(94.5)	(80.7)	145.0	306.2	507.7	71.6	21.5	88.6	(113.1)	1.5
Net Cash - Ending Balance	(92.0)	13.6	(15.9)	(92.2)	38.9	(132.7)	250.6	(99.4)	601.6	603.8	471.4	(94.5)	(80.7)	145.0	306.2	507.7	71.6	21.5	88.6	(113.1)
Income Taxes - Paid/(Reimbursed) - Cash Flow - Supplemental	21.4	31.9	28.4	28.6	(44.4)	80.0	31.4	21.9	(64.3)	103.7	16.1	4.0	(8.1)	26.8	(3.7)	21.3	8.0	17.9	51.1	(17.4)
Interest Paid - Cash Flow - Supplemental	—	—	—	—	—	—	—	—	—	—	—	—	14.2	—	—	—	—	—	—	—
Interest & Dividends - Received - Cash Flow - Supplemental	94.9	69.2	90.3	46.7	79.9	62.7	83.9	54.4	136.2	77.0	154.3	50.1	32.0	85.5	50.4	34.7	19.3	79.4	32.4	22.9
CF from Optg Activities before Change in WC & Int Payments	(92.4)	(223.7)	(152.9)	(120.9)	(77.6)	(276.4)	(62.3)	(16.8)	(98.9)	(179.6)	19.1	(49.9)	(162.9)	(151.5)	(227.2)	(87.9)	(87.4)	(58.5)	(140.4)	(43.2)
Depreciation, Depletion & Amortization - Cash Flow	12.4	10.2	7.3	8.6	8.5	8.5	8.4	8.1	7.6	7.8	9.6	6.5	6.1	4.7	4.5	4.8	3.9	5.5	6.0	7.2
Free Cash Flow to Equity	(219.3)	233.2	337.9	527.9	689.7	164.9	496.2	467.6	472.8	432.3	504.6	356.6	410.7	1.7	909.1	312.4	378.2	369.4	464.3	250.7
Free Cash Flow Net of Dividends	(293.4)	241.7	342.7	533.9	571.8	172.9	497.1	474.0	399.4	437.8	512.2	361.2	339.4	5.0	908.8	314.7	304.4	369.4	366.8	241.0
Free Cash Flow	(218.3)	241.7	342.8	533.9	692.5	172.9	497.3	474.0	474.6	437.8	512.2	362.6	413.3	5.7	909.6	314.9	378.5	369.4	366.9	241.4

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