First National Financial Corporation (TSX:FN)

First National Financial Cash Flow Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	203.39	252.81	197.73	194.56	190.23
Depreciation & Amortization	14.95	14.16	13.62	9.18	7.66
Loss (Gain) From Sale of Investments	-47.57	70.08	-49.61	-37.51	63.08
Net Decrease (Increase) in Loans Originated / Sold - Operating	-4,475	-2,068	-1,954	-1,359	-2,077
Change in Other Net Operating Assets	-928.81	-236.32	493.91	-507.73	-281.95
Other Operating Activities	4,470	1,863	1,807	1,298	1,851
Operating Cash Flow	-763.72	-103.51	509.16	-402.89	-247.06
Capital Expenditures	-4.38	-6.2	-12.38	-31.96	-3.59
Net Decrease (Increase) in Loans Originated / Sold - Investing	131.01	-80.4	15.11	36.12	154.04
Other Investing Activities	-21.24	9.16	-55.6	-16.9	-4.62
Investing Cash Flow	105.4	-77.45	-52.87	-12.74	145.83
Short-Term Debt Issued	850.93	163.25	-	349.58	346.38
Long-Term Debt Issued	199.47	199.09	-	-	199.29
Total Debt Issued	1,050	362.33	-	349.58	545.67
Short-Term Debt Repaid	-	-	-407.08	-	-
Long-Term Debt Repaid	-205.59	-5.63	-5.64	-4.23	-178.9
Total Debt Repaid	-205.59	-5.63	-412.72	-4.23	-178.9
Net Debt Issued (Repaid)	844.81	356.71	-412.72	345.35	366.78
Common Dividends Paid	-	-	-	-135.17	-147.78
Preferred Dividends Paid	-	-	-	-2.7	-2.85
Total Dividends Paid	-181.12	-192.88	-144.01	-137.87	-150.62
Financing Cash Flow	663.69	163.82	-556.73	133.05	216.16
Net Cash Flow	5.37	-17.13	-100.45	-282.59	114.93
Free Cash Flow	-768.1	-109.71	496.78	-434.85	-250.65
Free Cash Flow Margin	-112.44%	-14.60%	71.07%	-62.60%	-40.50%
Free Cash Flow Per Share	-12.81	-1.83	8.28	-7.25	-4.18
Cash Interest Paid	1,391	1,139	773.91	647.05	735.83
Cash Income Tax Paid	91.92	16.23	44.23	77.86	66.19

Source: S&P Global Market Intelligence. Financial Services template. Financial Sources.