Banco Macro Cash Flow Statement

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

Millions ARS. 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	289,495	428,194	1,667,326	134,025	44,554
Depreciation & Amortization	178,815	181,722	166,433	47,485	13,880
Provision for Credit Losses	538,422	142,214	131,685	20,424	5,056
Change in Trading Asset Securities	-82,507	6,140,183	-2,581,363	-450,209	109,430
Change in Other Net Operating Assets	-3,607,130	-6,307,844	849,518	442,033	34,067
Other Operating Activities	627,430	623,926	3,340,575	956,505	170,259
Operating Cash Flow	-2,055,475	1,208,395	3,574,174	1,150,263	377,247
Operating Cash Flow Growth	-	-66.19%	210.73%	204.91%	-
Capital Expenditures	-171,945	-163,800	-163,495	-75,754	-13,426
Cash Acquisitions	-	-11,216	-62,898	-	-69.45
Other Investing Activities	-	-851.47	459,354	-11.89	-
Investing Cash Flow	-171,945	-175,867	232,962	-75,766	-13,496
Long-Term Debt Issued	805,824	-	84,442	15,271	-
Total Debt Issued	805,824	-	84,442	15,271	-
Long-Term Debt Repaid	-100,661	-153,573	-72,816	-30,364	-15,384
Net Debt Issued (Repaid)	705,163	-153,573	11,626	-15,093	-15,384
Repurchase of Common Stock	-180.98	-	-	-	-
Common Dividends Paid	-155,512	-614,255	-514.74	-59,463	-
Net Increase (Decrease) in Deposit Accounts	2,610,673	1,425,394	-3,818,326	461,986	-289,976
Other Financing Activities	-15,363	-10,976	-11,274	-3,230	-1,521
Financing Cash Flow	3,144,780	646,589	-3,818,489	384,200	-306,881
Foreign Exchange Rate Adjustments	784,706	481,368	2,604,739	393,367	52,772
Net Cash Flow	751,935	-199,123	-2,723,868	455,282	-171,335
Free Cash Flow	-2,227,420	1,044,595	3,410,679	1,074,509	363,821
Free Cash Flow Growth	-	-69.37%	217.42%	195.34%	-
Free Cash Flow Margin	-54.81%	17.33%	41.87%	69.36%	97.67%
Free Cash Flow Per Share	-3483.56	1633.68	5334.08	1680.46	568.99
Cash Income Tax Paid	43,619	423,864	76,040	8,378	21,554

Source: S&P Global Market Intelligence. Banks template. Financial Sources.