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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	81.31	74.87	77.59	77.5	55.35	64.36
Depreciation & Amortization	13.38	13.32	11.13	9.77	8.46	5.23
Provision for Credit Losses	11.83	13.46	3.26	4.49	-1.07	0.46
Net Change in Loans Held-for-Sale	-1,175	-1,076	-549.01	-663.65	-305.25	-1,007
Other Adjustments	-34.02	-32.29	-22.97	-18.79	-16.46	-41.03
Changes in Trading Assets	1.78	2.06	-30.9	-12.92	-35.41	-7.15
Changes in Trading Liabilities	7.92	1.75	-4.26	0.2	-	-
Changes in Other Operating Activities	1,166	1,015	568.93	543.8	322.64	871.25
Operating Cash Flow	72.41	12.19	53.77	-59.6	28.27	-113.57
Operating Cash Flow Growth	-	-77.34%	-	-	-	-
Capital Expenditures	-2.57	-5.55	-4.8	-0.67	-0.28	-0.16
Other Investing Activities	23.13	21.71	18.59	17.86	18.35	17.86
Investing Cash Flow	20.56	16.17	13.79	17.19	18.07	17.7
Short-Term Debt Issued	-44.35	19.33	-64.58	58.15	-50.81	57.34
Net Short-Term Debt Issued (Repaid)	-44.35	19.33	-64.58	58.15	-50.81	57.34
Issuance of Common Stock	21.29	22.39	34.11	2.09	38.16	53.22
Net Common Stock Issued (Repurchased)	21.29	22.39	34.11	2.09	38.16	53.22
Common Dividends Paid	-56.6	-54.13	-42.28	-35.33	-36.18	-22.2
Other Financing Activities	2.63	2.19	6.55	-0.37	-41.56	40.86
Financing Cash Flow	-77.04	-10.23	-66.2	24.54	-90.39	129.22
Net Cash Flow	15.93	18.13	1.36	-17.87	-44.06	33.34
Free Cash Flow	69.84	6.64	48.97	-60.26	27.99	-113.73
Free Cash Flow Growth	952.11%	-86.45%	-	-	-	-
FCF Margin	46.92%	4.96%	37.50%	-45.39%	24.16%	-95.96%
Free Cash Flow Per Share	1.75	0.17	1.30	-1.73	0.90	-4.25
Levered Free Cash Flow	1,223	1,120	553.11	675.84	299.96	990.87
Unlevered Free Cash Flow	1,187	1,026	540.1	540.19	295.41	869.17