E-L Financial Corporation Limited (TSX:ELF)

E-L Financial Corporation Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	1,386	1,751	1,095	-478.47	1,282
Other Adjustments	-983.47	-1,343	-443.06	897.81	-979.05
Changes in Other Operating Activities	-45.01	50.71	83.97	-98.35	45.17
Operating Cash Flow	357.45	459.55	736.01	320.98	348.1
Operating Cash Flow Growth	-22.22%	-37.56%	129.30%	-7.79%	5.78%
Purchases of Investments	-3,074	-3,164	-3,808	-3,985	-5,466
Proceeds from Sale of Investments	3,449	3,130	3,404	3,618	5,613
Payments for Business Acquisitions	-31.36	-	-	-	-
Other Investing Activities	4.46	-43.16	17.15	3.66	55.14
Investing Cash Flow	348.17	-76.82	-386.56	-362.9	202.91
Long-Term Debt Issued	-	-135.2	229.5	100	-
Long-Term Debt Repaid	-	-	-200	-	-200
Net Long-Term Debt Issued (Repaid)	-	-135.2	29.5	100	-200
Repurchase of Common Stock	-1.42	-	-99.44	-135.46	-6.61
Net Common Stock Issued (Repurchased)	-1.42	-	-99.44	-135.46	-6.61
Issuance of Preferred Stock	197.31	-	-	-	395.96
Repurchase of Preferred Stock	-	-	-	-	-149.5
Net Preferred Stock Issued (Repurchased)	197.31	-	-	-	246.46
Common Dividends Paid	-588.47	-275.18	-64.43	-144.36	-340.02
Other Financing Activities	-122.04	-39.8	-77.18	-111.42	-42.51
Financing Cash Flow	-514.62	-450.18	-211.54	-291.24	-342.67
Net Cash Flow	190.99	-67.45	137.92	-333.16	208.34
Free Cash Flow	357.45	459.55	736.01	320.98	348.1
Free Cash Flow Growth	-22.22%	-37.56%	129.30%	-7.79%	5.78%
FCF Margin	8.67%	10.61%	23.20%	825.87%	14.02%
Free Cash Flow Per Share	1.00	1.25	1.93	0.82	0.86
Levered Free Cash Flow	1,188	1,479	1,047	-323.92	998.13
Unlevered Free Cash Flow	1,095	1,609	1,086	-773.79	915.25

Updated Dec 31, 2025. Data Source: Fiscal.ai. Insurance template. Financial Sources.