How much cash did City Publications pay for interest in 2022?
City_Publications Franchise · 2025 FDDAnswer from 2025 FDD Document
| Common Stock | Additional Paid-In Capital | Due From Affiliates | Retained Earnings | Total Shareholders' (Deficit) | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| BALANCE, DECEMBER 31, 2021 | $ 1,000 | $ | 17,000 | $ (1,770,163) | $ 1,715,261 | $ (36,902) | |||||
| Advances from (to) affiliates | (11,790) | (11,790) | |||||||||
| Capital (distributions) | (72,470) | (72,470) | |||||||||
| Net (loss) | (13,838) | (13,838) | |||||||||
| BALANCES, DECEMBER 31, 2022 | 1,000 | 17,000 | (1,781,953) | 1,628,953 | (135,000) | ||||||
| Advances from (to) affiliates | - | - | (67,140) | - | (67,140) | ||||||
| Capital additions | - | - | - | 17,027 | 17,027 | ||||||
| Net income | - | - | - | 99,503 | 99,503 | ||||||
| BALANCE, DECEMBER 31, 2023 | 1,000 | 17,000 | (1,849,093) | 1,745,483 | (85,610) | ||||||
| Advances from (to) affiliates | - | - | (145,012) | - | (145,012) | ||||||
| Capital (distributions) | - | - | - | (107,323) | (107,323) | ||||||
| Net income | - | - | - | 263,947 | 263,947 | ||||||
| BALANCE, DECEMBER 31, 2024 | $ 1,000 | $ | 17,000 | $ (1,994,105) | $ 1,902,107 | $ (73,998) |
**CITY PUBLICATIONS FRANCHISE GROUP, INC. CONSOLIDATED STATEMENTS OF C
Source: Item 23 — RECEIPT (FDD pages 39–129)
What This Means (2025 FDD)
Based on the 2025 Franchise Disclosure Document, the consolidated statements of cash flows for City Publications include data for the years 2024, 2023, and 2022. However, the excerpt does not contain a specific line item detailing the cash paid for interest during those years.
While the document presents a detailed overview of cash flows from operating activities, including net income/loss and adjustments like depreciation expense, it lacks the specific figure for interest payments. This information would typically be found in the cash flows from financing activities section, which is not included in the provided excerpts.
A prospective City Publications franchisee should ask the franchisor for the complete financial statements, including the cash flow statement, to determine the amount of cash paid for interest in 2022. This information is crucial for understanding the company's financial health and its ability to manage debt.