Livingtrust Mortgage Bank Cash Flow Statement

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

Millions NGN. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	1,011	789.14	568.27	821.68	506.96
Depreciation & Amortization	109.28	104.78	94.05	75.98	50.47
Other Amortization	11.83	9.62	8.37	7.65	10.16
Gain (Loss) on Sale of Assets	-	-	-	-	-0.12
Gain (Loss) on Sale of Investments	-	-	-	-	-0.04
Total Asset Writedown	-	12.96	126.71	9.04	-
Provision for Credit Losses	2.72	-148.09	25.95	-15.46	-53.63
Change in Other Net Operating Assets	-3,909	-1,932	-1,971	-3,016	-3,539
Other Operating Activities	-330.6	65.73	-54.58	5.28	236.17
Operating Cash Flow	-3,105	-1,098	-1,202	-2,112	-2,789
Capital Expenditures	-429.97	-32.62	-82.78	-194.67	-77.18
Sale of Property, Plant and Equipment	-	-	0.34	19.92	0.7
Investment in Securities	-	-2,488	-	-	-
Purchase / Sale of Intangibles	22.08	-73.86	-18.76	-31.82	-0.25
Other Investing Activities	18.23	14.67	35.02	34.04	84.7
Investing Cash Flow	-389.66	-2,580	-66.18	-172.54	7.96
Long-Term Debt Issued	1,692	1,116	2,046	1,511	2,029
Long-Term Debt Repaid	-738.66	-1,256	-1,802	-891.62	-453.44
Net Debt Issued (Repaid)	953.61	-140.82	244.42	619.35	1,576
Common Dividends Paid	-	-	-61.63	-300	-50
Net Increase (Decrease) in Deposit Accounts	7,114	6,051	3,652	195.29	2,677
Other Financing Activities	-0	-74.39	-	-	-
Financing Cash Flow	8,067	5,836	3,835	514.64	4,203
Net Cash Flow	4,573	2,158	2,567	-1,770	1,422
Free Cash Flow	-3,535	-1,131	-1,285	-2,307	-2,866
Free Cash Flow Margin	-126.43%	-46.65%	-70.72%	-118.32%	-197.69%
Free Cash Flow Per Share	-0.71	-0.23	-0.26	-0.46	-0.57
Cash Income Tax Paid	78.78	149.74	254.09	193.17	25.08