Firstcaution Cash Flow Statement

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

Millions CHF. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2019 - 2017
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2019 - 2017
Net Income	1.3	0.02	-0.42	-0.37	1.59	Upgrade
Depreciation & Amortization	0.71	0.66	0.36	0.39	0.25	Upgrade
Change in Accounts Receivable	0.6	-1.03	0.1	0.47	-0.63	Upgrade
Change in Insurance Reserves / Liabilities	10.24	7.54	5.02	5.68	2.52	Upgrade
Change in Other Net Operating Assets	-4.31	4.15	3.31	0.58	0.59	Upgrade
Other Operating Activities	-	0	-0	-	-	Upgrade
Operating Cash Flow	8.54	11.34	8.37	6.75	4.32	Upgrade
Operating Cash Flow Growth	-24.67%	35.48%	24.06%	56.08%	29.04%	Upgrade
Capital Expenditures	-0.12	-0.07	-0.06	-0.06	-0.21	Upgrade
Purchase / Sale of Intangible Assets	-0.75	-0.47	-0.97	-0.93	-0.67	Upgrade
Investment in Securities	-5.8	-4.7	-5.5	-2	-1.6	Upgrade
Investing Cash Flow	-6.68	-5.24	-6.53	-2.98	-2.48	Upgrade
Long-Term Debt Issued	-	-	-	1.5	-	Upgrade
Net Debt Issued (Repaid)	-	-	-	1.5	-	Upgrade
Common Dividends Paid	-	-	-	-1.5	-	Upgrade
Net Cash Flow	1.87	6.1	1.84	3.77	1.84	Upgrade
Free Cash Flow	8.42	11.27	8.31	6.69	4.12	Upgrade
Free Cash Flow Growth	-25.29%	35.64%	24.15%	62.59%	28.07%	Upgrade
Free Cash Flow Margin	31.27%	48.69%	42.56%	38.28%	26.41%	Upgrade
Free Cash Flow Per Share	2.23	2.98	2.20	-	1.09	Upgrade
Levered Free Cash Flow	4.79	1.94	0.9	0.34	1.33	Upgrade
Unlevered Free Cash Flow	5.03	2.07	0.99	0.41	1.38	Upgrade
Change in Working Capital	6.53	10.66	8.43	6.73	2.48	Upgrade

Source: S&P Capital IQ. Insurance template. Financial Sources.