iA Financial Corporation Inc. (FRA:1OD)

iA Financial Corporation Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	1,096	962	789	334	852
Depreciation & Amortization	247	215	200	179	349
Other Amortization	111	105	91	77	66
Gain (Loss) on Sale of Assets	-	-	-	-	-12
Gain (Loss) on Sale of Investments	857	215	-2,022	10,141	1,412
Reinsurance Recoverable	-	-	-	-	-203
Change in Insurance Reserves / Liabilities	-	-	-	-	19
Change in Other Net Operating Assets	1,565	1,759	2,791	1,601	2
Other Operating Activities	-1,624	-2,311	-575	-11,781	-2,300
Operating Cash Flow	2,339	1,041	1,342	613	185
Operating Cash Flow Growth	124.69%	-22.43%	118.92%	231.35%	-90.05%
Capital Expenditures	-233	-278	-279	-287	-248
Cash Acquisitions	-621	-213	-28	-	-61
Investing Cash Flow	-854	-491	-307	-287	-294
Long-Term Debt Issued	-	400	400	300	-
Total Debt Repaid	-422	-24	-420	-270	-22
Net Debt Issued (Repaid)	-422	376	-20	30	-22
Issuance of Common Stock	18	369	12	266	28
Repurchases of Common Stock	-294	-609	-462	-213	-8
Issuance of Preferred Stock	395	-	-	-	-
Common Dividends Paid	-350	-322	-304	-277	-224
Total Dividends Paid	-350	-322	-304	-277	-224
Other Financing Activities	-125	-211	-235	-331	-68
Financing Cash Flow	-778	-397	-1,009	-525	-294
Foreign Exchange Rate Adjustments	-11	34	-5	11	-
Net Cash Flow	696	187	21	-188	-403
Free Cash Flow	2,106	763	1,063	326	-63
Free Cash Flow Growth	176.02%	-28.22%	226.07%	-	-
Free Cash Flow Margin	23.13%	9.66%	15.73%	4.88%	-0.41%
Free Cash Flow Per Share	22.64	7.95	10.32	3.05	-0.58
Cash Interest Paid	71	58	59	48	46
Cash Income Tax Paid	471	508	293	262	215
Levered Free Cash Flow	2,056	394.88	1,078	1,055	2,105
Unlevered Free Cash Flow	2,099	433	1,114	1,087	2,147
Change in Working Capital	1,565	1,759	2,791	1,601	-182

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