
Accord Financial Corp
TSX:ACD

Cash Flow Statement
Cash Flow Statement
Accord Financial Corp
Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Net Income |
8
|
8
|
8
|
9
|
9
|
8
|
7
|
7
|
6
|
5
|
6
|
6
|
7
|
9
|
10
|
11
|
11
|
11
|
11
|
5
|
(2)
|
0
|
(2)
|
1
|
10
|
8
|
11
|
13
|
14
|
10
|
9
|
2
|
0
|
(0)
|
(11)
|
(15)
|
(17)
|
(18)
|
(9)
|
(2)
|
(4)
|
|
Depreciation & Amortization |
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
|
Change in Deffered Taxes |
1
|
1
|
1
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(0)
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
2
|
1
|
3
|
1
|
(3)
|
(3)
|
(4)
|
(4)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(6)
|
(12)
|
(11)
|
(12)
|
(8)
|
(1)
|
(1)
|
|
Other Non-Cash Items |
2
|
2
|
1
|
2
|
1
|
1
|
1
|
1
|
1
|
1
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
1
|
4
|
0
|
(0)
|
2
|
(1)
|
3
|
3
|
3
|
4
|
6
|
6
|
15
|
16
|
14
|
29
|
38
|
37
|
40
|
28
|
15
|
17
|
|
Cash Taxes Paid |
4
|
2
|
2
|
1
|
1
|
2
|
2
|
1
|
1
|
1
|
1
|
2
|
2
|
1
|
1
|
0
|
0
|
1
|
0
|
0
|
0
|
(2)
|
(3)
|
(2)
|
(3)
|
1
|
1
|
1
|
2
|
3
|
3
|
4
|
5
|
4
|
4
|
4
|
2
|
2
|
0
|
0
|
(0)
|
|
Cash Interest Paid |
3
|
0
|
3
|
2
|
2
|
3
|
2
|
2
|
2
|
2
|
3
|
4
|
4
|
6
|
7
|
9
|
10
|
13
|
14
|
15
|
14
|
13
|
12
|
10
|
10
|
10
|
10
|
10
|
11
|
12
|
18
|
23
|
25
|
27
|
31
|
33
|
37
|
41
|
35
|
32
|
29
|
|
Change in Working Capital |
(15)
|
5
|
13
|
15
|
14
|
10
|
(8)
|
(11)
|
(9)
|
(27)
|
(64)
|
(83)
|
(102)
|
(85)
|
(78)
|
(108)
|
(113)
|
(123)
|
(80)
|
(57)
|
3
|
74
|
41
|
22
|
(4)
|
(109)
|
(99)
|
(117)
|
(93)
|
(47)
|
(29)
|
17
|
(8)
|
(41)
|
(52)
|
(62)
|
(35)
|
23
|
34
|
48
|
(2)
|
|
Cash from Operating Activities |
(4)
N/A
|
16
N/A
|
24
+51%
|
26
+10%
|
24
-7%
|
20
-17%
|
1
-95%
|
(4)
N/A
|
(1)
+65%
|
(21)
-1 646%
|
(57)
-166%
|
(75)
-32%
|
(94)
-25%
|
(74)
+22%
|
(66)
+11%
|
(94)
-44%
|
(99)
-5%
|
(110)
-11%
|
(67)
+39%
|
(48)
+29%
|
7
N/A
|
78
+1 049%
|
41
-47%
|
23
-43%
|
3
-86%
|
(100)
N/A
|
(88)
+13%
|
(102)
-16%
|
(77)
+25%
|
(33)
+57%
|
(16)
+50%
|
32
N/A
|
5
-83%
|
(29)
N/A
|
(39)
-35%
|
(51)
-32%
|
(26)
+50%
|
34
N/A
|
46
+36%
|
61
+33%
|
11
-82%
|
|
Investing Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Capital Expenditures |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
Other Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
(1)
|
0
|
0
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
60
|
61
|
0
|
|
Cash from Investing Activities |
(0)
N/A
|
(0)
+17%
|
(0)
-27%
|
(0)
+47%
|
(0)
N/A
|
(0)
+30%
|
(0)
-86%
|
(0)
-23%
|
(0)
+13%
|
(0)
-150%
|
1
N/A
|
(1)
N/A
|
(1)
-11%
|
(1)
+1%
|
(3)
-76%
|
(1)
+81%
|
(0)
+20%
|
(0)
+33%
|
(0)
+19%
|
(0)
+18%
|
(0)
+17%
|
(0)
+47%
|
(0)
+25%
|
(0)
+33%
|
(0)
N/A
|
(0)
-50%
|
(0)
-133%
|
(0)
+43%
|
(0)
-13%
|
(0)
-78%
|
(0)
+56%
|
(0)
-157%
|
(0)
-11%
|
(0)
+25%
|
(0)
-87%
|
(0)
+16%
|
(0)
+10%
|
(0)
+5%
|
60
N/A
|
60
+1%
|
60
+0%
|
|
Financing Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Net Issuance of Common Stock |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
1
|
1
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Issuance of Debt |
4
|
(9)
|
(15)
|
(19)
|
(17)
|
(21)
|
(1)
|
4
|
(3)
|
25
|
52
|
79
|
99
|
75
|
70
|
102
|
105
|
109
|
70
|
41
|
11
|
(62)
|
(30)
|
(19)
|
(7)
|
92
|
87
|
124
|
82
|
49
|
25
|
(36)
|
(6)
|
28
|
36
|
45
|
25
|
(30)
|
(100)
|
(108)
|
(67)
|
|
Cash Paid for Dividends |
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(1)
|
(1)
|
0
|
0
|
0
|
|
Other |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(1)
|
(1)
|
(2)
|
(2)
|
1
|
1
|
2
|
2
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Cash from Financing Activities |
1
N/A
|
(12)
N/A
|
(18)
-46%
|
(22)
-25%
|
(20)
+10%
|
(24)
-18%
|
(4)
+82%
|
1
N/A
|
(6)
N/A
|
22
N/A
|
49
+117%
|
76
+56%
|
96
+27%
|
72
-24%
|
67
-7%
|
100
+48%
|
103
+3%
|
107
+4%
|
68
-37%
|
38
-44%
|
7
-80%
|
(65)
N/A
|
(33)
+50%
|
(22)
+33%
|
(8)
+61%
|
90
N/A
|
84
-7%
|
120
+43%
|
78
-35%
|
44
-43%
|
25
-45%
|
(37)
N/A
|
(7)
+82%
|
27
N/A
|
33
+22%
|
43
+31%
|
24
-44%
|
(30)
N/A
|
(100)
-230%
|
(108)
-8%
|
(67)
+38%
|
|
Change in Cash | ||||||||||||||||||||||||||||||||||||||||||
Effect of Foreign Exchange Rates |
1
|
1
|
1
|
2
|
1
|
0
|
0
|
(1)
|
0
|
1
|
1
|
1
|
0
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
(0)
|
(2)
|
(2)
|
(3)
|
(2)
|
(2)
|
(0)
|
(0)
|
(0)
|
2
|
1
|
0
|
0
|
(1)
|
(1)
|
(0)
|
(0)
|
0
|
0
|
(6)
|
(6)
|
|
Net Change in Cash |
(2)
N/A
|
4
N/A
|
7
+67%
|
5
-22%
|
5
-8%
|
(3)
N/A
|
(3)
-5%
|
(3)
-1%
|
(7)
-122%
|
2
N/A
|
(7)
N/A
|
(0)
+95%
|
1
N/A
|
(3)
N/A
|
(1)
+69%
|
4
N/A
|
2
-42%
|
(4)
N/A
|
(0)
+92%
|
(10)
-2 987%
|
14
N/A
|
11
-18%
|
7
-41%
|
(1)
N/A
|
(7)
-462%
|
(12)
-70%
|
(4)
+68%
|
19
N/A
|
1
-96%
|
13
+1 641%
|
9
-28%
|
(6)
N/A
|
(1)
+77%
|
(3)
-130%
|
(7)
-139%
|
(9)
-17%
|
(2)
+75%
|
3
N/A
|
6
+71%
|
7
+23%
|
(1)
N/A
|
|
Free Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Free Cash Flow |
(4)
N/A
|
15
N/A
|
23
+52%
|
26
+10%
|
24
-7%
|
20
-17%
|
1
-96%
|
(4)
N/A
|
(1)
+63%
|
(22)
-1 493%
|
(57)
-163%
|
(76)
-32%
|
(95)
-25%
|
(74)
+21%
|
(66)
+11%
|
(95)
-43%
|
(100)
-5%
|
(110)
-10%
|
(67)
+39%
|
(48)
+29%
|
7
N/A
|
78
+1 074%
|
41
-47%
|
23
-43%
|
3
-86%
|
(101)
N/A
|
(88)
+13%
|
(102)
-16%
|
(77)
+25%
|
(33)
+57%
|
(17)
+50%
|
31
N/A
|
5
-84%
|
(29)
N/A
|
(39)
-35%
|
(51)
-32%
|
(26)
+50%
|
33
N/A
|
45
+36%
|
60
+33%
|
10
-83%
|