NPF Microfinance Bank Cash Flow Statement

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

Millions NGN. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Net Income	2,903	1,574	1,019	882.17	707.49	614.42	Upgrade
Depreciation & Amortization	534.62	466.67	380.48	266.71	254.36	238.83	Upgrade
Other Amortization	-2.13	1.04	18.14	26.05	28.83	16.21	Upgrade
Gain (Loss) on Sale of Assets	-2.41	-9.01	-8.46	-0.77	-2.12	-3.1	Upgrade
Gain (Loss) on Sale of Investments	16.39	16.39	-0.14	0.17	1.97	-1.18	Upgrade
Provision for Credit Losses	-54.09	-54.09	861.65	85.77	20.69	93.57	Upgrade
Change in Other Net Operating Assets	-19,187	4,331	1,972	-7,023	-295.46	-2,060	Upgrade
Other Operating Activities	1,398	-698.5	-290.95	-85.76	342.91	101.11	Upgrade
Operating Cash Flow	-14,394	5,628	3,953	-5,849	1,059	-999.94	Upgrade
Operating Cash Flow Growth	-	42.38%	-	-	-	-	Upgrade
Capital Expenditures	-247	-668.96	-547.02	-456.68	-256	-235.51	Upgrade
Sale of Property, Plant and Equipment	-6.27	9.01	8.46	0.77	2.12	8.1	Upgrade
Investment in Securities	-	-	-	-	-	-47.73	Upgrade
Purchase / Sale of Intangibles	-	-	-1.57	-	-25.8	-30	Upgrade
Other Investing Activities	1.46	0.25	-	-21.82	-	-	Upgrade
Investing Cash Flow	-251.82	-659.71	-540.13	-477.73	-279.68	-305.14	Upgrade
Long-Term Debt Issued	-	-	1,500	1,850	6,387	1,700	Upgrade
Long-Term Debt Repaid	-	-1,561	-1,422	-2,071	-6,761	-774.61	Upgrade
Net Debt Issued (Repaid)	-918.31	-1,561	77.53	-221.43	-373.97	925.39	Upgrade
Issuance of Common Stock	6,035	6,035	-	4,502	-	-	Upgrade
Repurchase of Common Stock	-7,226	-7,226	-	-	-	-	Upgrade
Common Dividends Paid	-1,618	-719.16	-599.3	-539.37	-457.33	-457.33	Upgrade
Net Increase (Decrease) in Deposit Accounts	8,311	15,120	8,161	2,474	1,429	3,502	Upgrade
Other Financing Activities	-287.36	-252.5	-	-	-444.72	-114.83	Upgrade
Financing Cash Flow	4,296	11,395	7,639	6,216	153.16	3,855	Upgrade
Net Cash Flow	-10,350	16,363	11,052	-110.64	932.15	2,550	Upgrade
Free Cash Flow	-14,641	4,959	3,406	-6,306	802.67	-1,235	Upgrade
Free Cash Flow Growth	-	45.61%	-	-	-	-	Upgrade
Free Cash Flow Margin	-90.88%	42.08%	40.19%	-101.01%	15.80%	-29.95%	Upgrade
Free Cash Flow Per Share	-2.44	0.83	0.57	-1.05	0.32	-0.49	Upgrade
Cash Interest Paid	2,225	1,990	1,352	825.5	858.04	464.61	Upgrade
Cash Income Tax Paid	1,526	667.21	391.8	319.94	247.84	221.27	Upgrade

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.