On what page of the City Publications FDD can I find the Statements of Cash Flows for City Publications?

According to City Publications' 2025 Franchise Disclosure Document, the Consolidated Statements of Cash Flows for City Publications Franchise Group, Inc. can be found within Item 23, which includes the financial statements. Specifically, the document references "CITY PUBLICATIONS FRANCHISE GROUP, INC. CONSOLIDATED STATEMENTS OF CASH FLOWS".

Item 23 in a Franchise Disclosure Document includes the franchisor's financial statements. These statements provide an overview of the franchisor's financial health, including their assets, liabilities, equity, revenue, and expenses. The statements are audited by an independent auditor, who provides an opinion on whether the statements are presented fairly in accordance with accounting principles generally accepted in the United States of America.

Prospective franchisees should carefully review City Publications' statements of cash flows, along with the other financial statements and notes, to understand the franchisor's financial performance and condition. This information can help them assess the risks and potential rewards of investing in a City Publications franchise. Additionally, prospective franchisees should consult with a financial advisor or accountant to help them interpret the financial statements and make informed decisions.