Unity Bank Cash Flow Statement

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

Millions NGN. Fiscal year is Jan - Dec.

Fiscal Year	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	-62,637	941.38	3,173	2,086
Depreciation & Amortization	3,294	2,466	1,934	1,696
Other Amortization	631.21	79.77	50.91	47.22
Gain (Loss) on Sale of Assets	-26.5	-27.64	-51.13	-8.92
Gain (Loss) on Sale of Investments	44.68	28.7	-13.87	-1,249
Total Asset Writedown	607.37	835.21	408.18	-3,188
Provision for Credit Losses	1,053	413.76	-925.51	1,229
Change in Other Net Operating Assets	47,530	-42,006	-39,250	-87,148
Other Operating Activities	-875.47	7,661	5,347	4,088
Operating Cash Flow	-10,379	-29,608	-29,328	-82,449
Capital Expenditures	-5,113	-3,968	-2,797	-1,659
Sale of Property, Plant and Equipment	26.5	65.81	80.96	20.78
Investment in Securities	-5,025	13,254	2,471	-7,524
Purchase / Sale of Intangibles	-	-1,564	-47.8	-59.86
Other Investing Activities	-0	-	-	-
Investing Cash Flow	-10,111	7,788	-292.69	-9,223
Long-Term Debt Issued	192,777	10,705	175,592	100,554
Long-Term Debt Repaid	-236,310	-28,473	-137,486	-22,905
Net Debt Issued (Repaid)	-43,533	-17,768	38,107	77,650
Net Increase (Decrease) in Deposit Accounts	73,057	2,674	-35,541	97,802
Financing Cash Flow	29,524	-15,094	2,566	175,452
Foreign Exchange Rate Adjustments	130.8	12.75	16.42	-
Net Cash Flow	9,165	-36,902	-27,038	83,781
Free Cash Flow	-15,491	-33,576	-32,125	-84,108
Free Cash Flow Margin	-	-117.92%	-113.06%	-330.30%
Free Cash Flow Per Share	-1.32	-2.87	-2.75	-7.20
Cash Interest Paid	25,414	19,591	14,714	16,115
Cash Income Tax Paid	442.16	249.13	194.2	258.92