MCAN Mortgage Cash Flow Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Jun '25 Jun 30, 2025	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	2015 - 2019
Net Income	71.39	77.59	77.5	55.35	64.36	42.89	Upgrade
Depreciation & Amortization	1.77	1.03	0.64	0.59	0.68	0.78	Upgrade
Gain on Sale of Loans & Receivables	10.26	10.1	9.13	7.87	4.54	2.26	Upgrade
Loss (Gain) From Sale of Investments	8.02	6.93	2.46	10.35	-15.09	9.06	Upgrade
Provision for Credit Losses	7.78	3.26	4.49	-1.07	0.46	2.1	Upgrade
Loss (Gain) on Equity Investments	-29.2	-28.8	-22.01	-26.6	-25.45	-33.92	Upgrade
Change in Trading Asset Securities	-3.11	-4.26	0.2	-	-	-	Upgrade
Change in Income Taxes	-0.01	-	-0.03	-	-	-	Upgrade
Change in Other Net Operating Assets	-216.82	-10.98	-132.74	-18.02	-142.59	36.25	Upgrade
Other Operating Activities	-1.06	-1.09	0.76	-0.2	-0.48	-0.3	Upgrade
Operating Cash Flow	-150.96	53.77	-59.6	28.27	-113.57	59.12	Upgrade
Capital Expenditures	-6.2	-4.8	-0.67	-0.28	-0.16	-0.31	Upgrade
Investment in Securities	18.76	18.59	17.86	18.35	17.86	15.53	Upgrade
Investing Cash Flow	12.56	13.79	17.19	18.07	17.7	15.23	Upgrade
Short-Term Debt Issued	-	-	58.15	-	98.55	-	Upgrade
Long-Term Debt Issued	-	6.55	-	-	-	-	Upgrade
Total Debt Issued	267.11	6.55	58.15	-	98.55	-	Upgrade
Short-Term Debt Repaid	-	-64.58	-	-92.01	-	-5.05	Upgrade
Long-Term Debt Repaid	-	-	-0.37	-0.36	-0.34	-0.37	Upgrade
Total Debt Repaid	-15.19	-64.58	-0.37	-92.37	-0.34	-5.42	Upgrade
Net Debt Issued (Repaid)	251.92	-58.03	57.78	-92.37	98.2	-5.42	Upgrade
Issuance of Common Stock	13.67	34.11	2.09	38.16	53.22	-	Upgrade
Common Dividends Paid	-52.84	-42.28	-35.33	-36.18	-22.2	-34.44	Upgrade
Financing Cash Flow	212.75	-66.2	24.54	-90.39	129.22	-39.87	Upgrade
Net Cash Flow	74.35	1.36	-17.87	-44.06	33.34	34.48	Upgrade
Free Cash Flow	-157.16	48.97	-60.26	27.99	-113.73	58.81	Upgrade
Free Cash Flow Margin	-121.94%	37.50%	-48.63%	29.67%	-113.50%	82.72%	Upgrade
Free Cash Flow Per Share	-4.06	1.30	-1.73	0.90	-4.25	2.40	Upgrade
Cash Interest Paid	154.29	158.79	125.37	73.83	47.97	44.39	Upgrade

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Financial Services template. Financial Sources.