Livingtrust Mortgage Bank PLC (NGX: LIVINGTRUST)

Livingtrust Mortgage Bank Cash Flow Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	854.5	568.27	821.68	506.96	132.36
Depreciation & Amortization	104.78	94.05	75.98	50.47	44.43
Other Amortization	9.62	8.37	7.65	10.16	6.48
Gain (Loss) on Sale of Assets	-	-	-	-0.12	5.46
Gain (Loss) on Sale of Investments	-	-	-	-0.04	-
Total Asset Writedown	-	126.71	9.04	-	-
Provision for Credit Losses	0.69	25.95	-15.46	-53.63	39.61
Change in Other Net Operating Assets	-597.91	-1,971	-3,016	-3,539	-2,201
Other Operating Activities	-1,026	-54.58	5.28	236.17	15.94
Operating Cash Flow	-654.56	-1,202	-2,112	-2,789	-1,957
Capital Expenditures	58.57	-82.78	-194.67	-77.18	-89.98
Sale of Property, Plant and Equipment	-	0.34	19.92	0.7	9.53
Investment in Securities	-	-	-	-	599.96
Purchase / Sale of Intangibles	-50.65	-18.76	-31.82	-0.25	-12.72
Other Investing Activities	14.67	35.02	34.04	84.7	24.24
Investing Cash Flow	22.6	-66.18	-172.54	7.96	531.03
Long-Term Debt Issued	1,082	2,046	1,511	2,029	187.25
Long-Term Debt Repaid	-1,248	-1,802	-891.62	-453.44	-92.08
Net Debt Issued (Repaid)	-165.81	244.42	619.35	1,576	95.17
Common Dividends Paid	-	-61.63	-300	-50	-
Net Increase (Decrease) in Deposit Accounts	5,895	3,652	195.29	2,677	1,410
Other Financing Activities	-	0	-	-	0
Financing Cash Flow	5,729	3,835	514.64	4,203	1,505
Net Cash Flow	5,098	2,567	-1,770	1,422	79.73
Free Cash Flow	-595.99	-1,285	-2,307	-2,866	-2,047
Free Cash Flow Margin	-25.40%	-70.72%	-118.32%	-197.69%	-366.92%
Free Cash Flow Per Share	-0.12	-0.26	-0.46	-0.57	-0.41
Cash Income Tax Paid	56.65	254.09	193.17	25.08	3.13

Source: S&P Capital IQ. Banks template. Financial Sources.