Mapfre Cash Flow Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
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	2015 - 2019
Net Income	967.5	677.2	563.6	765.2	526.5	Upgrade
Depreciation & Amortization	159.1	161	183.3	147	178.2	Upgrade
Other Amortization	200.3	187.2	177.7	158.2	187.8	Upgrade
Other Operating Activities	172.1	591.3	-347.9	-1,556	-1,489	Upgrade
Operating Cash Flow	1,499	1,617	576.7	-485.9	-596	Upgrade
Operating Cash Flow Growth	-7.28%	180.34%	-	-	-	Upgrade
Capital Expenditures	-60.1	-67.3	-66.8	-36.1	-42.9	Upgrade
Sale of Property, Plant & Equipment	2.4	13.7	2.6	6.7	66.3	Upgrade
Purchase / Sale of Intangible Assets	-227.3	-150.6	-162.7	158.1	-245.1	Upgrade
Cash Acquisitions	-81.3	-173.9	-47.4	-125	-83.4	Upgrade
Investment in Securities	-1,444	-1,185	-1,110	11.2	393.5	Upgrade
Other Investing Activities	946.9	738.4	766.7	1,022	1,044	Upgrade
Investing Cash Flow	-746.9	-673.6	-198.5	1,315	1,179	Upgrade
Long-Term Debt Issued	-	-	500	-	-	Upgrade
Total Debt Repaid	-	-	-	-0.4	-	Upgrade
Net Debt Issued (Repaid)	-	-	500	-0.4	-	Upgrade
Issuance of Common Stock	9.7	8.9	17.8	0.3	0.3	Upgrade
Common Dividends Paid	-1,099	-964.4	-876.4	-614.3	-658.4	Upgrade
Other Financing Activities	1.5	-325.6	-365.6	245	88.1	Upgrade
Financing Cash Flow	-1,088	-1,281	-724.2	-369.4	-570	Upgrade
Foreign Exchange Rate Adjustments	-3.7	-150.6	33	9.2	-131.8	Upgrade
Net Cash Flow	-339.3	-488.6	-313	468.7	-118.6	Upgrade
Free Cash Flow	1,439	1,549	509.9	-522	-638.9	Upgrade
Free Cash Flow Growth	-7.13%	203.86%	-	-	-	Upgrade
Free Cash Flow Margin	4.92%	5.35%	2.02%	-2.63%	-3.45%	Upgrade
Free Cash Flow Per Share	0.47	0.51	0.17	-0.17	-0.21	Upgrade
Cash Interest Paid	91.5	96.8	79.9	73.5	73.6	Upgrade
Cash Income Tax Paid	330.2	395.4	376.9	349.2	298.4	Upgrade
Levered Free Cash Flow	2,205	61.88	1,093	1,304	487.98	Upgrade
Unlevered Free Cash Flow	2,304	158.38	1,186	1,356	541.04	Upgrade

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.