PSC Insurance Group (ASX:PSI) Receipts from Government Grants : A$0.0 Mil (TTM As of Dec. 2023)

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What is PSC Insurance Group Receipts from Government Grants?

PSC Insurance Group's Receipts from Government Grants for the six months ended in Dec. 2023 was A$0.0 Mil.

PSC Insurance Group's Receipts from Government Grants for the trailing twelve months (TTM) ended in Dec. 2023 was A$0.0 Mil.

PSC Insurance Group Receipts from Government Grants Historical Data

The historical data trend for PSC Insurance Group's Receipts from Government Grants can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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PSC Insurance Group Receipts from Government Grants Chart

PSC Insurance Group Annual Data

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Receipts from Government Grants

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PSC Insurance Group Semi-Annual Data
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PSC Insurance Group Receipts from Government Grants Calculation

A company's cash flow from operations for a time period can be determined using either the direct or indirect method. The indirect method modifies the operating section from accrual accounting to a cash basis by taking the net income generated in a period and adding or subtracting changes in the asset and liability accounts to determine the implied cash flow. However, the direct method uses actual cash inflows and outflows from the company's operations directly. Receipts from Government Grants represents cash received from governments in the form of grants in the direct cash flow method.

Receipts from Government Grants for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$0.0 Mil.

PSC Insurance Group Receipts from Government Grants Related Terms

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PSC Insurance Group (ASX:PSI) Business Description

Industry

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Traded in Other Exchanges

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Address

96 Wellington Parade, Level 4, East Melbourne, Melbourne, VIC, AUS, 3002

Website

https://www.pscinsurancegroup.com.au

PSC Insurance Group is an insurance intermediary which owns broker and underwriting businesses in Australia, New Zealand and the U.K. It also runs the third largest broker network in Australia, allowing independent brokers to access support services for a fee. PSC Insurance derives most of its revenue from commissions (from insurers, ultimately paid for by PSC's customers) based on gross written premium. Broker GWP is split between small to medium enterprises (45%), and corporates (55%). The U.K. business spans retail and wholesale broking, underwriting agencies, and managing agents which have the authority to underwrite on behalf of insurers.