Guaranty Trust Holding Company Plc (NGX:GTCO)

NGX:GTCO Cash Flow Statement

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

Operating Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	814,467	853,548	1,006,220	534,425	166,737	172,107
Depreciation & Amortization	75,338	69,646	49,776	31,401	29,366	30,576
Other Amortization	22,754	19,876	8,257	7,695	6,101	4,724
Gain (Loss) on Sale of Assets	-253.8	-221.35	-187.6	-11.58	-82.69	15
Gain (Loss) on Sale of Investments	61,915	72,136	-506,126	-357,745	38,023	-5,681
Total Asset Writedown	2,505	2,336	428.99	25,479	-1.13	3.65
Provision for Credit Losses	60,889	66,423	136,662	102,953	11,987	8,531
Change in Trading Asset Securities	-28,473	-92,280	-27,804	98,982	-42,018	-29,911
Change in Other Net Operating Assets	-428,167	-445,609	230,227	-945,919	331,620	-134,512
Other Operating Activities	108,245	-76,205	262,440	-28,039	-34,678	-44,252
Operating Cash Flow	689,220	469,649	1,159,892	-530,780	507,054	1,602
Operating Cash Flow Growth	25.67%	-59.51%	-	-	31559.25%	-

Investing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Capital Expenditures	-76,467	-125,575	-128,315	-38,258	-22,276	-43,228
Sale of Property, Plant and Equipment	8,979	6,798	227.31	79.99	219.2	423.97
Cash Acquisitions	-	-	-	-	-17,687	-
Investment in Securities	-523,795	-1,229,717	-993,212	-918,782	-180,470	-160,744
Purchase / Sale of Intangibles	-52,306	-49,096	-55,196	-10,979	-5,682	-4,399
Other Investing Activities	-87,749	-79,706	-1,335	-3,115	-3,301	-15,906
Investing Cash Flow	-731,338	-1,477,296	-1,177,830	-971,053	-229,198	-223,853

Financing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Long-Term Debt Issued	-	66.72	254,786	416.88	80,936	85,593
Long-Term Debt Repaid	-	-197,693	-58,971	-56,395	-112,608	-50,040
Net Debt Issued (Repaid)	-260,847	-197,626	195,814	-55,978	-31,672	35,553
Issuance of Common Stock	207,013	173,435	209,496	-	-	-
Repurchase of Common Stock	-22,289	-22,289	-3,164	-	-	-1,198
Common Dividends Paid	-274,120	-274,120	-108,895	-98,716	-89,020	-88,294
Net Increase (Decrease) in Deposit Accounts	2,597,975	2,258,394	579,954	1,359,892	534,648	462,700
Other Financing Activities	-53,241	-53,241	-1,830	-5,544	-330.48	-354.56
Financing Cash Flow	2,194,491	1,884,553	871,375	1,199,654	413,626	408,408

Net Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Foreign Exchange Rate Adjustments	-274,310	5,146	1,542,217	712,037	-1,061	8,072
Net Cash Flow	1,878,062	882,052	2,395,654	409,858	690,421	194,228

Free Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Free Cash Flow	612,753	344,074	1,031,577	-569,038	484,778	-41,627
Free Cash Flow Growth	42.98%	-66.65%	-	-	-	-
Free Cash Flow Margin	35.50%	20.16%	61.80%	-66.19%	117.65%	-10.85%
Free Cash Flow Per Share	17.72	10.25	36.33	-20.31	17.30	-1.49

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash Interest Paid	425,195	424,612	249,684	116,090	54,502	43,658
Cash Income Tax Paid	253,614	301,281	124,321	82,673	26,934	32,071

Data Source: S&P Global Market Intelligence Last updated: Mar 31, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 14, 2026

Data Sources Report a data error