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First HoldCo Plc (NGX:FIRSTHOLDCO)
Nigeria flag Nigeria · Delayed Price · Currency is NGN
118.20
-0.95 (-0.80%)
At close: Nov 2, 2026

First HoldCo Cash Flow Statement

Millions NGN. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Sep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
424,730132,684670,799308,203134,403149,709
Depreciation & Amortization
66,67058,60944,38429,05320,98220,022
Other Amortization
17,98615,95917,59813,8257,0688,258
Gain (Loss) on Sale of Assets
1,02616,720194-7-1,24979
Gain (Loss) on Sale of Investments
32,528128,607-470,387-708,127-27,034-82,068
Provision for Credit Losses
737,727802,459366,003210,77361,43485,275
Change in Trading Asset Securities
-3,476,553-961,556952,445236,60083,218-175,542
Change in Other Net Operating Assets
-246,573-1,007,711737,275-3,248,223-1,011,785-452,837
Other Operating Activities
-1,126,702-1,007,176-337,028752,665-111,782-37,569
Net Cash from Discontinued Operations
-726-5,85715,0482,615-138-68
Operating Cash Flow
-3,569,887-1,827,2621,996,331-2,402,623-845,058-484,483
Operating Cash Flow Growth
------

Investing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Sep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Capital Expenditures
-296,427-381,484-95,001-43,637-30,758-22,491
Sale of Property, Plant and Equipment
-5,2321,7899,3101,4082,059725
Investment in Securities
-2,722,051-867,131-1,480,838-250,473-260,937-895,473
Income (Loss) Equity Investments
-----175258
Divestitures
25,32631,284----
Purchase / Sale of Intangibles
17,061-9,699-25,042-32,081-6,676-11,798
Other Investing Activities
14,34513,59710,6575,7423,1666,520
Investing Cash Flow
-2,966,978-1,211,644-1,580,914-319,041-293,146-922,517

Financing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Sep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Long-Term Debt Issued
-1,252,9841,262,117661,908266,83758,978
Long-Term Debt Repaid
--990,669-1,710,987-679,302-27,370-54,833
Lease Payments
-3,632-3,632-1,549-2,827-3,241-3,063
Net Debt Issued (Repaid)
-443,892262,315-448,870-17,394239,4674,145
Issuance of Common Stock
127,090229,276----
Common Dividends Paid
--25,127-14,358-17,947-12,563-16,153
Net Increase (Decrease) in Deposit Accounts
6,366,8611,088,1233,013,6623,567,7351,312,833937,434
Financing Cash Flow
6,050,0591,554,5872,550,4343,532,3941,539,737925,426

Net Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Sep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Foreign Exchange Rate Adjustments
71,79139,91257,2399,4056,4573,142
Net Cash Flow
-415,015-1,444,4073,023,090820,135407,990-478,432

Free Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Sep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Free Cash Flow
-3,866,314-2,208,7461,901,330-2,446,260-875,816-506,974
Free Cash Flow Growth
------
Free Cash Flow Margin
-222.79%-150.45%109.90%-268.13%-164.73%-101.17%
Free Cash Flow Per Share
-87.64-52.7352.68-68.15-24.40-14.12
Free Cash Flow After Leases
-3,869,946-2,212,3781,899,781-2,449,087-879,057-510,037

Additional Metrics

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Sep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash Interest Paid
830,6041,069,986994,762329,120161,707136,929
Cash Income Tax Paid
74,09675,19752,32731,45813,0538,390