Canandaigua National Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	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
Net Income	44.6	44.73	47.85	44.74	42.27
Depreciation & Amortization	17.77	19.4	20.64	7.14	4.85
Gain (Loss) on Sale of Assets	-0.36	-0.07	-0.03	-0.13	-8.09
Gain (Loss) on Sale of Investments	0.07	-0.11	1.02	0.3	-0.16
Total Asset Writedown	-	-	-	0.01	0.01
Provision for Credit Losses	9.34	7.69	5.2	7.42	13.59
Net Decrease (Increase) in Loans Originated / Sold - Operating	-2.86	-2.8	10.28	14.1	-5.58
Change in Other Net Operating Assets	-2.43	4.09	2.22	13.32	-8.68
Other Operating Activities	0.24	1.69	-1.55	-2.49	-0.38
Operating Cash Flow	65.49	74.43	83.98	76.01	29.52
Operating Cash Flow Growth	-12.01%	-11.38%	10.49%	157.44%	-34.44%
Capital Expenditures	-1.66	-6.75	-6.48	-6.59	-3.16
Investment in Securities	49.41	92.27	-306.09	-437.89	-20.22
Divestitures	-	-	-	-	11.81
Net Decrease (Increase) in Loans Originated / Sold - Investing	-119.33	-244.38	-308.66	-208.77	-527.49
Other Investing Activities	1.99	-9.59	-9.6	2.15	-0.15
Investing Cash Flow	-68.87	-168.32	-630.72	-650.64	-539.08
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	-50	-	-	-50	-
Total Debt Repaid	-260.8	-	-	-50	-
Net Debt Issued (Repaid)	-260.8	282.6	328.2	-50	-
Issuance of Common Stock	0.92	0.68	1.08	0.92	0.69
Repurchase of Common Stock	-7.55	-5.76	-2.91	-0.5	-1.08
Common Dividends Paid	-16.84	-16.81	-16.33	-14.23	-13.11
Net Increase (Decrease) in Deposit Accounts	412.43	-175.09	246.08	550.04	578.01
Other Financing Activities	-0.01	-0.01	-0.04	0.28	-0.01
Financing Cash Flow	128.15	85.62	556.09	486.51	564.5
Net Cash Flow	124.77	-8.28	9.35	-88.12	54.94
Free Cash Flow	63.84	67.68	77.5	69.42	26.37
Free Cash Flow Growth	-5.68%	-12.67%	11.64%	163.26%	-35.51%
Free Cash Flow Margin	35.09%	38.32%	40.87%	39.37%	17.10%
Free Cash Flow Per Share	34.52	36.14	41.11	36.88	14.00
Cash Interest Paid	111.42	80.78	21.61	12.67	17.8
Cash Income Tax Paid	10.53	11.35	15.77	14.93	16.32

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