Cash flow is the net amount of cash and cash-equivalents being transferred into and out of a business. At the most fundamental level, a company’s ability to create value for shareholders is determined by its ability to generate positive cash flows, or more specifically, maximize long-term free cash flow (FCF).

FCT Free Cash Flow Analysis

Free cash flow, a measure commonly used by analysts to assess a company's profitability, represents the cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

The Free Cash Flow is calculated using a number of methods including using Operating Cash Flow. Following is the formula to calculate Free Cash Flow based on Operating Cash Flow.

Free Cash Flow = Operating Cash Flow - Capital Expenditures

Using above formula to calculate Free Cash Flow for F&C Investment Trust PLC (FCT), the free cash flow value is 45.99M.

All amounts in GBP

Operating Cash
Capital Expenditure
Free Cash Flow

F&C Investment Trust PLC has a positive free cash flow as per the latest annual Cash flow statement released by the company. Positive free cash flow is cruscial for the financial health of a company, which can be used to pay dividends, expand operations, and deleverage its balance sheet (i.e., reduce debt).

FCT Cash Flow Statement History

Following table shows the history of Cash Flow Statements sheet for F&C Investment Trust PLC (NZX:FCT).

31 Dec 2022 31 Dec 2021 31 Dec 2020 31 Dec 2019
Net Income -491.38M 919.28M 507.11M 677.08M
Change To Netincome 537.8M -880.24M -478.71M -624.72M
Change To Account Receivables -310k 60k -32k -8k
Change To Liabilities -122k -61k 139k -688k
Total Cash From Operating Activities 45.99M 39.04M 28.5M 51.66M
Investments 270.29M -44.6M 132.31M -171.78M
Other Cashflows From Investing Activities -50k -56k -76k -42k
Total Cashflows From Investing Activities 270.24M -44.66M 132.23M -171.83M
Dividends Paid -68.98M -65.58M -62.77M -61.91M
Net Borrowings 29.67M 150M -35M 116.21M
Total Cash From Financing Activities -110.85M 461k -137.24M 54.34M
Effect Of Exchange Rate -14.66M 11.62M -5.03M -2.42M
Change In Cash 190.72M 6.46M 18.46M -68.24M
Repurchase Of Stock -71.53M -83.96M -41.4M -9.28M