What was the net cash (used) by financing activities for City Publications in 2024?
City_Publications Franchise · 2025 FDDAnswer from 2025 FDD Document
| FOR THE YEARS ENDED DECEMBER 31, | |||||||
|---|---|---|---|---|---|---|---|
| 2024 | 2023 | 2022 | |||||
| CASH FLOWS FROM FINANCING ACTIVITIES | |||||||
| Advances to affiliates | (145,012) | (67,140) | (50,894) | ||||
| Capital additions | (107,323) | 17,027 | 13,838 | ||||
| Net cash (used) by financing activities | (252,335) | (50,113) | (37,056) |
Source: Item 23 — RECEIPT (FDD pages 39–129)
What This Means (2025 FDD)
According to City Publications' 2025 Franchise Disclosure Document, the net cash used by financing activities in 2024 was ($252,335). This figure reflects the total cash outflow resulting from City Publications' financing activities during that year.
Specifically, this amount is calculated from "Advances to affiliates" which totaled ($145,012) and "Capital additions" which totaled ($107,323). These subtractions from cash flow indicate how City Publications managed its financial resources related to its affiliated entities and capital investments.
For a prospective franchisee, understanding these cash flow dynamics is crucial. It provides insight into how City Publications manages its financial obligations and investments, which can indirectly affect the support and resources available to franchisees. Monitoring these figures over time can reveal trends in the company's financial management and stability.