MILLIRE ENG2024

Note Audited Current Period 1 January- December 31, 2024 Audited Prior Period 1 January- December 31, 2023 A- Cash flows from operating activities 1- Cash provided from insurance activities - - 2- Cash provided from reinsurance activities 8.440.590.068 5.945.687.550 3- Cash provided from individual pension business - - 4- Cash used in insurance activities - - 5- Cash used in reinsurance activities (7.278.392.053) (7.755.263.218) 6- Cash used in individual pension business - 7- Cash provided by operating activities 1.162.198.015 (1.809.575.668) 8- Interest paid - - 9- Income taxes paid (71.260.270) (12.635.123) 10- Other cash inflows 99.994.028 103.862.492 11- Other cash outflows (110.383.182) (327.339.040) 12- Net cash provided by operating activities 1.080.548.591 (2.045.687.339) B- Cash flows from investing activities 1- Proceeds from disposal of tangible assets 30.000.000 - 2- Acquisition of tangible assets 6, 8 (57.340.226) (193.733.421) 3- Acquisition of financial assets 11 (10.379.557.258) (3.583.256.947) 4- Proceeds from disposal of financial assets 11 10.707.386.939 4.677.050.478 5- Interests received 909.839.685 394.917.543 6- Dividends received 12.036.885 5.550.035 7- Other cash inflows 431.015.891 1.030.289.961 8- Other cash outflows (1.007.041.025) (579.343.639) 9- Net cash provided by investing activities 646.340.891 1.751.474.010 C- Cash flows from financing activities 1- Equity shares issued - - 2- Cash provided from loans and borrowings - - 3- Finance lease payments (20.538.660) (9.143.022) 4- Dividends paid - - 5- Other cash inflows - - 6- Other cash outflows - - 7- Net cash used in financing activities (20.538.660) (9.143.022) D- Effect of exchange rate fluctuations on cash and cash equivalents 60.170.261 2.173.039 E- Net increase in cash and cash equivalents 1.766.521.083 (301.183.312) F- Cash and cash equivalents at the beginning of the year 14 1.073.970.841 1.375.154.153 G- Cash and cash equivalents at the end of the year 14 2.840.491.924 1.073.970.841 107 2024 Annual Report Millî Reasürans Türk Anonim Şirketi (Currency: Turkish Lira (TL)) (Convenience Translation of Financial Statements and Related Disclosures and Footnotes Originally Issued in Turkish) The accompanying notes are an integral part of these unconsolidated financial statements. GENERAL INFORMATION FINANCIAL RIGHTS PROVIDEDTOTHE MEMBERS OF THE GOVERNING BODY AND SENIOR EXECUTIVES RISKS AND ASSESSMENT OF THE GOVERNING BODY ACTIVITIES AND MAJOR DEVELOPMENTS RELATED TO ACTIVITIES RESEARCH & DEVELOPMENT ACTIVITIES FINANCIAL STATUS FINANCIAL INFORMATION Unconsolidated Statement of Cash Flows For the Year Ended December 31, 2024