NPF Microfinance 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	2,906	1,574	1,019	882.17	707.49
Depreciation & Amortization	616.23	466.67	380.48	266.71	254.36
Other Amortization	53.74	1.04	18.14	26.05	28.83
Gain (Loss) on Sale of Assets	-5.23	-9.01	-8.46	-0.77	-2.12
Gain (Loss) on Sale of Investments	-12.84	16.39	-0.14	0.17	1.97
Provision for Credit Losses	537.44	-54.09	861.65	85.77	20.69
Change in Other Net Operating Assets	-20,534	4,331	1,972	-7,023	-295.46
Other Operating Activities	58.94	-698.5	-290.95	-85.76	342.91
Operating Cash Flow	-16,380	5,628	3,953	-5,849	1,059
Operating Cash Flow Growth	-	42.38%	-	-	-
Capital Expenditures	-706.69	-668.96	-547.02	-456.68	-256
Sale of Property, Plant and Equipment	20.32	9.01	8.46	0.77	2.12
Investment in Securities	-49.76	-	-	-	-
Purchase / Sale of Intangibles	-281.54	-	-1.57	-	-25.8
Other Investing Activities	0.67	0.25	-	-21.82	-
Investing Cash Flow	-1,017	-659.71	-540.13	-477.73	-279.68
Long-Term Debt Issued	3,000	-	1,500	1,850	6,387
Long-Term Debt Repaid	-679.52	-1,561	-1,422	-2,071	-6,761
Net Debt Issued (Repaid)	2,320	-1,561	77.53	-221.43	-373.97
Issuance of Common Stock	12,655	6,035	-	4,502	-
Repurchase of Common Stock	-11,500	-7,226	-	-	-
Common Dividends Paid	-898.94	-719.16	-599.3	-539.37	-457.33
Net Increase (Decrease) in Deposit Accounts	816.55	15,120	8,161	2,474	1,429
Other Financing Activities	-34.87	-252.5	-	-	-444.72
Financing Cash Flow	3,358	11,395	7,639	6,216	153.16
Net Cash Flow	-14,039	16,363	11,052	-110.64	932.15
Free Cash Flow	-17,087	4,959	3,406	-6,306	802.67
Free Cash Flow Growth	-	45.61%	-	-	-
Free Cash Flow Margin	-99.45%	42.08%	40.19%	-101.01%	15.80%
Free Cash Flow Per Share	-2.85	0.83	0.57	-1.05	0.32
Cash Interest Paid	1,491	1,990	1,352	825.5	858.04
Cash Income Tax Paid	849.09	667.21	391.8	319.94	247.84

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.