Canandaigua National Cash Flow Statement

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

Millions USD. 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	58.6	44.6	44.73	47.85	44.74
Depreciation & Amortization	16.03	17.77	19.4	20.64	7.14
Gain (Loss) on Sale of Assets	-	-0.36	-0.07	-0.03	-0.13
Gain (Loss) on Sale of Investments	-0.24	0.07	-0.11	1.02	0.3
Total Asset Writedown	0.18	-	-	-	0.01
Provision for Credit Losses	9.16	9.34	7.69	5.2	7.42
Net Decrease (Increase) in Loans Originated / Sold - Operating	4.31	-2.86	-2.8	10.28	14.1
Change in Other Net Operating Assets	-5.61	-2.43	4.09	2.22	13.32
Other Operating Activities	0.45	0.24	1.69	-1.55	-2.49
Operating Cash Flow	81.51	65.49	74.43	83.98	76.01
Operating Cash Flow Growth	24.45%	-12.01%	-11.38%	10.49%	157.44%
Capital Expenditures	-5.91	-1.66	-6.75	-6.48	-6.59
Investment in Securities	16.03	49.41	92.27	-306.09	-437.89
Net Decrease (Increase) in Loans Originated / Sold - Investing	-143.41	-119.33	-244.38	-308.66	-208.77
Other Investing Activities	6.5	1.99	-9.59	-9.6	2.15
Investing Cash Flow	-126.79	-68.87	-168.32	-630.72	-650.64
Short-Term Debt Issued	-	-	82.6	128.2	-
Long-Term Debt Issued	-	-	200	200	-
Total Debt Issued	-	-	282.6	328.2	-
Short-Term Debt Repaid	-	-210.8	-	-	-
Long-Term Debt Repaid	-150	-50	-	-	-50
Total Debt Repaid	-150	-260.8	-	-	-50
Net Debt Issued (Repaid)	-150	-260.8	282.6	328.2	-50
Issuance of Common Stock	0.25	0.92	0.68	1.08	0.92
Repurchase of Common Stock	-3	-7.55	-5.76	-2.91	-0.5
Common Dividends Paid	-17.37	-16.84	-16.81	-16.33	-14.23
Net Increase (Decrease) in Deposit Accounts	371.68	412.43	-175.09	246.08	550.04
Other Financing Activities	0.01	-0.01	-0.01	-0.04	0.28
Financing Cash Flow	201.57	128.15	85.62	556.09	486.51
Net Cash Flow	156.29	124.77	-8.28	9.35	-88.12
Free Cash Flow	75.59	63.84	67.68	77.5	69.42
Free Cash Flow Growth	18.42%	-5.68%	-12.67%	11.64%	163.26%
Free Cash Flow Margin	35.83%	35.09%	38.32%	40.87%	39.37%
Free Cash Flow Per Share	41.40	34.52	36.14	41.11	36.88
Cash Interest Paid	106.08	111.42	80.78	21.61	12.67
Cash Income Tax Paid	18.7	10.53	11.35	15.77	14.93

Updated Mar 8, 2024. Source: S&P Global Market Intelligence. Banks template. Financial Sources.