Triodos Bank Cash Flow Statement

Financials in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	-25.04	-3	77.18	49.79	50.76
Depreciation & Amortization	25.13	29.74	30.54	25.48	26.48
Provision for Credit Losses	71.51	11.65	21.29	8.13	-0.42
Other Adjustments	10.06	-46.38	21.99	27.68	26.93
Changes in Accounts Payable	-116.93	-296.92	332.96	-1,271	793.17
Changes in Other Operating Activities	-592.05	-139.05	-891.64	-433.9	229.36
Operating Cash Flow	-29.95	61.92	126.82	93.76	86.61
Operating Cash Flow Growth	-	-51.18%	35.26%	8.25%	0.31%
Net Change in Securities and Investments	0.66	20.59	-0.8	-0.44	-5
Capital Expenditures	-1.22	-3.51	-4.59	-2.68	-2.23
Purchases of Intangible Assets	-18	-14.99	-15.27	-16.9	-14.47
Sale of Property, Plant & Equipment	0.04	0.14	0.38	7.18	2.14
Investing Cash Flow	-862.72	-591.86	-20.28	-12.84	-19.56
Long-Term Debt Issued	298.78	349	-	-	247.87
Net Long-Term Debt Issued (Repaid)	298.78	349	-	-	247.87
Issuance of Common Stock	0.08	-	-	-	-
Repurchase of Common Stock	-	-1.76	-0.24	-	-0.9
Net Common Stock Issued (Repurchased)	0.08	-1.76	-0.24	-	-0.9
Common Dividends Paid	-8.52	-58.35	-42.55	-44.93	-9.24
Other Financing Activities	-10.09	-2.56	-3.2	-3.4	-3.62
Financing Cash Flow	280.25	286.34	-45.99	-48.32	234.1
Effect of Exchange Rate Changes on Cash and Cash Equivalents	0.04	-0.28	-0.18	-0.26	-0.36
Net Cash Flow	-365.59	-155.4	-473.96	-1,655	1,341
Free Cash Flow	-31.17	58.4	122.23	91.08	84.39
Free Cash Flow Growth	-	-52.22%	34.20%	7.93%	1.26%
FCF Margin	-8.40%	12.94%	27.47%	24.82%	24.65%
Free Cash Flow Per Share	-2.20	4.11	8.60	6.41	5.94