China Life Insurance Company Limited
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of China Life Insurance Company Limited generated cash of $388,232,000,000, which is more than the previous year. Cash used in financing activities reached the amount of $60,273,000,000 last year. Net change in cash is therefore $20,467,000,000.
Cash Flow
| 2014 | 78.24B | -69.25B | 16.70B |
|---|---|---|---|
| 2015 | -18.81B | 67.04B | -19.41B |
| 2016 | 89.09B | -104.70B | 6.27B |
| 2017 | 200.99B | -173.67B | -45.59B |
| 2018 | 147.55B | -238.37B | 92.96B |
| 2019 | 286.03B | -247.51B | -36.07B |
| 2020 | 304.02B | -292.79B | -7.76B |
| 2021 | 286.44B | -393.73B | 111.13B |
| 2022 | 351.96B | -164.95B | -120.09B |
| 2023 | 388.23B | -428.10B | 60.27B |
LFC Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 127.59B | 60.45B | 56.65B | 53.30B | 50.80B | 48.58B | 67.04B | 76.09B | 47.03B | 21.33B |
Operating activities | ||||||||||
Net income | 22.63B | 24.04B | 50.49B | 54.48B | 59.79B | 13.92B | 41.67B | 23.84B | 45.93B | 40.40B |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 4.75B | 5.29B | 5.28B | 5.16B | 4.37B | 2.63B | 2.24B | 2.08B | 2.03B | 2.12B |
Stock-based compensation expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred income tax benefit | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 3.53B | 10.46B | 0 | 0 | -8.61B | 0 | -1.67B | 0 | -1.95B | 0 |
Inventories | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by operating activities | 388.23B | 351.96B | 286.44B | 304.02B | 286.03B | 147.55B | 200.99B | 89.09B | -18.81B | 78.24B |
Investing activities | ||||||||||
Purchases Of Investments | -1.79T | -1.33T | -1.15T | -932.22B | -1.04T | -629.53B | -1.01T | -710.64B | -576.12B | -428.35B |
Investments In Property Plant And Equipment | -4.17B | -3.07B | -5.47B | -7.46B | -11.41B | -19.54B | -9.61B | -5.31B | -8.38B | -5.04B |
Acquisitions Net | -34.04B | -1.04B | -6.51B | -12.76B | -21.95B | -34.92B | -37.30B | -65.16B | 3.10B | -5.67B |
Cash generated by investing activities | -428.10B | -164.95B | -393.73B | -292.79B | -247.51B | -238.37B | -173.67B | -104.70B | 67.04B | -69.25B |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Payments for dividends | -22.18B | -18.37B | -18.08B | -20.83B | -4.91B | -11.69B | -7.16B | -12.25B | -11.49B | -8.47B |
Repurchases of common stock | 0 | 0 | 0 | -9.06B | 0 | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | -1.68B | -8.89B | -1.51B | -7.98B | 33.52B | 0 | -34.87B | -30B | 0 | -10M |
Cash used in financing activities | 60.27B | -120.09B | 111.13B | -7.76B | -36.07B | 92.96B | -45.59B | 6.27B | -19.41B | 16.70B |
Net Change In Cash | 20.46B | 67.13B | 3.78B | 3.32B | 2.49B | 2.22B | -18.46B | -9.05B | 29.06B | 25.70B |
Cash at end of period | 148.06B | 127.59B | 60.44B | 56.62B | 53.30B | 50.80B | 48.58B | 67.04B | 76.09B | 47.03B |
| Data source | Data source | Data source | Data source | Data source |