CHAPTER 7

Analysis of the Cash Flow Statement: HDFC Life, ICICI Pru, and SBI Life

Introduction

7.1.In this chapter, we will use the framework explained in the previous one and analyze the three companies. We will first tabulate the Cash Flow statement in our new format and then try to see how the companies have fared year on year. Cash Flow statements of HDFC Life, ICICI Pru and SBI Life for the years from 2012 to 2018 are used for this analysis.

Let us start our analysis with HDFC Life

Table 7.1 Ratios HDFC Life

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Table 7.2 Group 1 reconciliation HDFC Life

Table 7.3 Group 1 detailed reconciliation HDFC Life

7.2.Notes

7.2.1.There are major differences ...

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