Company: FOACW
Filing Date: 2025-03-14
Form Type: 10-K
Source: 0001828937-25-000009
Chunk: 52

Company: Finance of America Companies Inc.
Filing Date: 2025-03-14
Form: 10-K
Item: Item 8
Chunk 52
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85,628 Acquisition of American Advisors Group net assets— (140,854)Proceeds from sale of businesses (net of cash transferred)3,000 71,166 Other investing activities, net(298)(5,328)Net cash provided by investing activities114,802 158,137 Financing Activities(1)Proceeds from issuance of HMBS related obligations2,003,170 2,140,795 Payments on HMBS related obligations(2,253,476)(1,924,130)Proceeds from issuance of nonrecourse debt1,462,646 1,728,914 Payments on nonrecourse debt(831,373)(1,597,531)Proceeds from other financing lines of credit5,832,530 4,592,432 Payments on other financing lines of credit(5,842,762)(5,119,322)Changes in notes payable25,825 12,340 Issuance of Class A Common Stock— 30,000 Other financing activities, net(10,353)(2,726)Net cash provided by (used in) financing activities386,207 (139,228)

105

Finance of America Companies Inc.Consolidated Statements of Cash Flows(in thousands)

For the year ended December 31, 2024For the year ended December 31, 2023Effect of exchange rate changes on cash and cash equivalents(27)24 Net increase (decrease) in cash and cash equivalents and restricted cash77,167 (52,635)Cash and cash equivalents and restricted cash, beginning of period(1)224,801 277,436 Cash and cash equivalents and restricted cash, end of period(1)$301,968 $224,801 Cash and cash equivalents$47,383 $46,482 Restricted cash254,585 178,319 Total cash and cash equivalents and restricted cash, end of period(1)$301,968 $224,801 Supplementary Cash Flows InformationCash paid for interest$432,937 $308,381  Loans transferred to loans held for sale, at fair value, from loans held for investment, at fair value 5,424 4,732 

(1) Amounts presented contain results from both continuing and discontinued operations. Refer to Note 4 - Discontinued Operations for additional information regarding cash flow associated with the results of discontinued operations.

See accompanying