Military Insurance Cash Flow Statement

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

Millions VND. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2020
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Jan '24 Jan 1, 2024	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	2020
Net Income	324,883	238,506	280,555	159,380	224,376	Upgrade
Depreciation & Amortization	12,781	-	5,867	6,733	6,496	Upgrade
Other Amortization	7,041	-	2,889	2,928	1,591	Upgrade
Other Operating Activities	14,862	163,906	-13,861	-39,388	-99,028	Upgrade
Operating Cash Flow	359,567	402,412	275,449	129,653	133,434	Upgrade
Operating Cash Flow Growth	-10.65%	46.09%	112.45%	-2.83%	-64.41%	Upgrade
Capital Expenditures	-25,287	-81,658	-41,439	-2,888	-12,184	Upgrade
Sale of Property, Plant & Equipment	6.56	-	511.2	20	-	Upgrade
Other Investing Activities	383,503	374,720	185,950	173,599	262,561	Upgrade
Investing Cash Flow	-471,777	-83,273	-103,538	-46,382	-87,779	Upgrade
Long-Term Debt Issued	-	-	-	-	98,000	Upgrade
Total Debt Repaid	-	-	-	-	-98,000	Upgrade
Issuance of Common Stock	110,211	-	-	-	-	Upgrade
Common Dividends Paid	-100,096	-171,318	-81,989	-247.05	-48,905	Upgrade
Financing Cash Flow	10,115	-171,318	-81,989	-247.05	-48,905	Upgrade
Foreign Exchange Rate Adjustments	-73.45	161.18	-0.13	25.91	-223.26	Upgrade
Net Cash Flow	-102,168	147,982	89,922	83,050	-3,473	Upgrade
Free Cash Flow	334,280	320,754	234,010	126,764	121,250	Upgrade
Free Cash Flow Growth	4.22%	37.07%	84.60%	4.55%	-67.21%	Upgrade
Free Cash Flow Margin	7.51%	8.10%	6.01%	3.22%	4.17%	Upgrade
Free Cash Flow Per Share	1580.50	1659.19	1210.48	699.17	668.76	Upgrade
Cash Interest Paid	0.64	0.74	0.58	1.71	-	Upgrade
Cash Income Tax Paid	90,922	69,957	28,410	64,382	-	Upgrade
Levered Free Cash Flow	-900,642	-134,683	-1,366,256	1,380,911	-537,778	Upgrade
Unlevered Free Cash Flow	-900,641	-134,682	-1,366,256	1,380,912	-537,706	Upgrade

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