Infinity Trust Mortgage Bank Plc (NGX:INFINITY)

NGX:INFINITY Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	2,008	1,481	1,000	633.48	542.49	411.11
Depreciation & Amortization	89.77	87.4	76.92	80.27	72.72	60
Other Amortization	11	9.89	9.47	9.24	7.42	5.65
Gain (Loss) on Sale of Assets	0.1	0.1	-	-	-	-
Gain (Loss) on Sale of Investments	0.88	0.88	-	-	-	-
Provision for Credit Losses	190.24	198.22	66.45	18.09	21.91	18.54
Change in Income Taxes	-	-	-	-70.11	-74.99	-42.24
Change in Other Net Operating Assets	10,447	-1,542	-2,772	-2,357	-2,256	-2,292
Other Operating Activities	132.4	167.75	13.61	213.63	114.44	53.95
Operating Cash Flow	12,879	403.9	-1,605	-1,472	-1,572	-1,785
Capital Expenditures	-114.25	-119.91	-34.52	-38.94	-121.74	-63.28
Sale of Property, Plant and Equipment	4.22	0.16	-	-	-	-
Investment in Securities	862.57	-	-	303.21	295.32	265.74
Purchase / Sale of Intangibles	-36.89	-27.23	-3.02	-10.51	-12.61	-4.67
Other Investing Activities	-547.2	-547.2	58.46	-	-0	-
Investing Cash Flow	168.46	-694.18	29.78	253.76	160.97	197.79
Long-Term Debt Issued	-	2,743	2,369	964.4	2,217	691.86
Long-Term Debt Repaid	-	-1,519	-693.85	-306.12	-139.45	-158.66
Net Debt Issued (Repaid)	1,189	1,224	1,675	658.27	2,078	533.2
Common Dividends Paid	-250.23	-	-	-208.52	-166.82	-145.97
Preferred Dividends Paid	-	-	-	-42	-42	-42
Total Dividends Paid	-917.79	-667.57	-292.23	-250.52	-208.82	-187.97
Net Increase (Decrease) in Deposit Accounts	5,681	1,550	1,182	-732.75	199.22	1,829
Financing Cash Flow	5,952	2,106	2,565	-325	2,068	2,174
Net Cash Flow	18,999	1,815	990.16	-1,543	657.41	586.33
Free Cash Flow	12,765	283.99	-1,639	-1,511	-1,694	-1,849
Free Cash Flow Margin	339.60%	9.28%	-75.42%	-89.25%	-114.53%	-169.55%
Free Cash Flow Per Share	3.06	0.07	-0.39	-0.36	-0.41	-0.44
Cash Income Tax Paid	139.62	73.9	189.33	70.11	74.99	42.24

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