Banca Generali Cash Flow Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	431.23	326.14	213.03	323.1	274.92
Depreciation & Amortization	29.34	42.77	39.51	26.65	26.19
Other Amortization	16	-	-	11.68	9.42
Gain (Loss) on Sale of Investments	-10.3	-5.43	9.7	-3.7	4.23
Provision for Credit Losses	-1.84	0.53	8.33	2.52	0.66
Change in Trading Asset Securities	-498.79	135.76	1,411	176.37	66.18
Change in Other Net Operating Assets	-99.01	1,346	-3,624	-1,874	-809.67
Other Operating Activities	-36.48	-35.23	-24.43	-4.44	26.32
Net Cash from Discontinued Operations	-	-	-0.16	-	-
Operating Cash Flow	-169.85	1,811	-1,967	-1,342	-401.75
Capital Expenditures	-2.93	-1.5	-1.38	-2	-1.19
Cash Acquisitions	-1.42	-	-	108.92	-
Investment in Securities	-1.97	0.09	-0.8	-0.6	-
Divestitures	-	-	0.13	-	-0.29
Purchase / Sale of Intangibles	-21.41	-26.06	-18.46	-12.97	-14.08
Investing Cash Flow	-27.73	-27.47	-20.5	93.36	-15.57
Issuance of Common Stock	50	-	-	-	-
Repurchase of Common Stock	-9.94	-12.25	-24.39	-25.98	-12.44
Common Dividends Paid	-253.3	-210.48	-209.08	-285.4	-2.25
Net Increase (Decrease) in Deposit Accounts	847.95	-1,716	1,375	2,514	476.89
Financing Cash Flow	634.71	-1,938	1,141	2,203	462.2
Net Cash Flow	437.14	-155.27	-846.1	954.39	44.88
Free Cash Flow	-172.78	1,809	-1,968	-1,344	-402.94
Free Cash Flow Margin	-17.30%	225.43%	-306.36%	-187.26%	-63.78%
Free Cash Flow Per Share	-1.51	15.86	-17.18	-11.68	-3.49

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.