Bank of Montreal (BMO)

Bank of Montreal Cash Flow Statement

Financials in millions CAD. Fiscal year is November - October.

Year	2023	2022	2021	2020	2019
Net Income	4,365	13,537	7,754	5,097	5,758
Depreciation & Amortization	2,099	1,480	1,565	1,618	1,205
Other Operating Activities	3,127	-10,060	34,730	44,121	22,340
Operating Cash Flow	9,591	4,957	44,049	50,836	29,303
Operating Cash Flow Growth	93.48%	-88.75%	-13.35%	73.48%	63.59%
Capital Expenditures	-1,677	-1,448	-983	-1,032	-1,128
Acquisitions	-15,102	1,226	63	-186	0
Change in Investments	-4,378	-29,249	621	-30,756	-18,452
Investing Cash Flow	-21,157	-29,471	-299	-31,974	-19,580
Dividends Paid	-2,703	-2,595	-2,980	-2,475	-2,752
Share Issuance / Repurchase	3,353	3,096	159	-76	-36
Debt Issued / Paid	-3,098	7,807	-1,255	-887	403
Other Financing Activities	2,716	7,672	-1,046	-6,866	-227
Financing Cash Flow	268	15,980	-5,122	-10,304	-2,612
Exchange Rate Effect	1,766	2,739	-2,775	47	-450
Net Cash Flow	-9,532	-5,795	35,853	8,605	6,661
Free Cash Flow	7,914	3,509	43,066	49,804	28,175
Free Cash Flow Growth	125.53%	-91.85%	-13.53%	76.77%	65.48%
Free Cash Flow Margin	25.37%	10.41%	158.41%	197.74%	110.56%
Free Cash Flow Per Share	11.04	5.20	66.45	77.91	43.49

Source: Financials are provided by Nasdaq Data Link and sourced from audited reports submitted to the Securities and Exchange Commission (SEC).