Livingtrust Mortgage Bank Cash Flow Statement

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

Millions NGN. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2020 - 2016
Period Ending	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	2020 - 2016
Net Income	1,011	789.14	568.27	821.68	506.96	Upgrade
Depreciation & Amortization	109.28	104.78	94.05	75.98	50.47	Upgrade
Other Amortization	11.83	9.62	8.37	7.65	10.16	Upgrade
Gain (Loss) on Sale of Assets	-	-	-	-	-0.12	Upgrade
Gain (Loss) on Sale of Investments	-	-	-	-	-0.04	Upgrade
Total Asset Writedown	-	12.96	126.71	9.04	-	Upgrade
Provision for Credit Losses	2.72	-148.09	25.95	-15.46	-53.63	Upgrade
Change in Other Net Operating Assets	-3,909	-1,932	-1,971	-3,016	-3,539	Upgrade
Other Operating Activities	-330.6	65.73	-54.58	5.28	236.17	Upgrade
Operating Cash Flow	-3,105	-1,098	-1,202	-2,112	-2,789	Upgrade
Capital Expenditures	-429.97	-32.62	-82.78	-194.67	-77.18	Upgrade
Sale of Property, Plant and Equipment	-	-	0.34	19.92	0.7	Upgrade
Investment in Securities	-	-2,488	-	-	-	Upgrade
Purchase / Sale of Intangibles	22.08	-73.86	-18.76	-31.82	-0.25	Upgrade
Other Investing Activities	18.23	14.67	35.02	34.04	84.7	Upgrade
Investing Cash Flow	-389.66	-2,580	-66.18	-172.54	7.96	Upgrade
Long-Term Debt Issued	1,692	1,116	2,046	1,511	2,029	Upgrade
Long-Term Debt Repaid	-738.66	-1,256	-1,802	-891.62	-453.44	Upgrade
Net Debt Issued (Repaid)	953.61	-140.82	244.42	619.35	1,576	Upgrade
Common Dividends Paid	-	-	-61.63	-300	-50	Upgrade
Net Increase (Decrease) in Deposit Accounts	7,114	6,051	3,652	195.29	2,677	Upgrade
Other Financing Activities	-0	-74.39	-	-	-	Upgrade
Financing Cash Flow	8,067	5,836	3,835	514.64	4,203	Upgrade
Net Cash Flow	4,573	2,158	2,567	-1,770	1,422	Upgrade
Free Cash Flow	-3,535	-1,131	-1,285	-2,307	-2,866	Upgrade
Free Cash Flow Margin	-126.43%	-46.65%	-70.72%	-118.32%	-197.69%	Upgrade
Free Cash Flow Per Share	-0.71	-0.23	-0.26	-0.46	-0.57	Upgrade
Cash Income Tax Paid	78.78	149.74	254.09	193.17	25.08	Upgrade

Source: S&P Capital IQ. Banks template. Financial Sources.