iA Financial Corporation Cash Flow Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	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
Net Income	1,121	962	789	334	852	633
Depreciation & Amortization	243	215	200	179	349	241
Other Amortization	105	105	91	77	66	46
Gain (Loss) on Sale of Assets	-	-	-	-	-12	-16
Gain (Loss) on Sale of Investments	581	234	-2,022	10,141	1,412	-3,251
Reinsurance Recoverable	-	-	-	-	-203	-837
Change in Insurance Reserves / Liabilities	-	-	-	-	19	5,899
Change in Other Net Operating Assets	1,730	1,759	2,791	1,601	2	-55
Other Operating Activities	-3,064	-2,330	-575	-11,781	-2,300	-824
Operating Cash Flow	808	1,041	1,342	613	185	1,860
Operating Cash Flow Growth	-64.50%	-22.43%	118.92%	231.35%	-90.05%	344.98%
Capital Expenditures	-233	-278	-279	-287	-248	-177
Cash Acquisitions	-52	-213	-28	-	-61	-1,042
Investing Cash Flow	-285	-491	-307	-287	-294	-1,140
Long-Term Debt Issued	-	400	400	300	-	398
Total Debt Repaid	-420	-24	-420	-270	-22	-19
Net Debt Issued (Repaid)	-20	376	-20	30	-22	379
Issuance of Common Stock	20	369	12	266	28	7
Repurchases of Common Stock	-263	-609	-462	-213	-8	-4
Common Dividends Paid	-344	-322	-304	-277	-224	-208
Total Dividends Paid	-344	-322	-304	-277	-224	-208
Other Financing Activities	-103	-211	-235	-331	-68	-63
Financing Cash Flow	-315	-397	-1,009	-525	-294	111
Foreign Exchange Rate Adjustments	19	34	-5	11	-	10
Net Cash Flow	227	187	21	-188	-403	841
Free Cash Flow	575	763	1,063	326	-63	1,683
Free Cash Flow Growth	-71.24%	-28.22%	226.07%	-	-	527.99%
Free Cash Flow Margin	6.57%	9.66%	15.73%	4.88%	-0.41%	9.55%
Free Cash Flow Per Share	6.13	7.95	10.32	3.05	-0.58	15.73
Cash Interest Paid	61	58	59	48	46	41
Cash Income Tax Paid	463	508	293	262	215	165
Levered Free Cash Flow	510.75	394.88	1,078	1,055	2,105	-208.63
Unlevered Free Cash Flow	548.88	433	1,114	1,087	2,147	-165.5
Change in Working Capital	1,730	1,759	2,791	1,601	-182	5,007

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.