Credito Emiliano 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	620.05	562.12	326.12	352.43	201.6
Depreciation & Amortization	51.07	109.4	101.96	4.02	3.5
Other Amortization	60.94	-	-	-	-
Gain (Loss) on Sale of Investments	31.13	282.56	224.55	3.3	-50.18
Total Asset Writedown	-0.18	-	-	93.21	86.4
Provision for Credit Losses	85.24	95.75	84.73	58.49	128.53
Change in Trading Asset Securities	-398.79	490.67	-624.93	-3,222	2,864
Change in Other Net Operating Assets	-2,490	1,576	4,081	3,075	-2,899
Other Operating Activities	247.32	71.33	-857.14	-228.6	-249.12
Operating Cash Flow	-1,793	3,188	3,336	135.81	86.15
Operating Cash Flow Growth	-	-4.44%	2356.38%	57.64%	-35.97%
Capital Expenditures	-52.74	-49.58	-44.84	-77.8	-39.03
Sale of Property, Plant and Equipment	6.34	4.89	1.88	15.22	16.69
Cash Acquisitions	-	-0.85	-	-	-
Investment in Securities	-0.32	-1.01	-0.25	-0.82	-0.37
Purchase / Sale of Intangibles	-60.26	-63.5	-57.58	-63.02	-46.81
Other Investing Activities	-	0	-	-	-
Investing Cash Flow	-106.97	-110.05	-100.79	-126.43	-69.53
Issuance of Common Stock	2.83	3.4	-	51.11	2.12
Repurchase of Common Stock	-	-	-6.05	-	-
Common Dividends Paid	-221.39	-112.23	-102.3	-66.3	-
Financing Cash Flow	-218.56	-108.84	-108.34	-15.18	2.12
Net Cash Flow	-2,119	2,969	3,127	-5.81	18.74
Free Cash Flow	-1,846	3,138	3,291	58.01	47.12
Free Cash Flow Growth	-	-4.64%	5573.64%	23.12%	-57.49%
Free Cash Flow Margin	-95.28%	172.10%	238.11%	4.50%	4.42%
Free Cash Flow Per Share	-5.42	9.23	9.67	0.17	0.14

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