Intesa Sanpaolo Cash Flow Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	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	9,113	8,659	7,752	4,402	4,043	3,285
Depreciation & Amortization	1,790	1,758	1,657	1,684	1,592	2,377
Provision for Credit Losses	1,702	1,568	1,780	3,147	3,621	4,957
Other Adjustments	-4,211	-5,477	-5,028	6,213	-3,319	-6,547
Changes in Trading Assets	-5,219	2,184	9,755	14,494	5,181	-4,751
Changes in Trading Liabilities	-7,653	-4,710	5,500	-4,054	-2,231	15,528
Changes in Accounts Payable	-5,505	-43,832	-27,971	-44,001	45,390	30,636
Changes in Other Operating Activities	6,174	-337	-10,783	120,391	-45,472	-47,214
Operating Cash Flow	-3,809	-40,187	-17,338	102,276	8,805	-1,729
Operating Cash Flow Growth	-	-	-	1061.57%	-	-
Payments for Business Acquisitions	-40	118	-133	855	-500	-441
Proceeds from Business Divestments	209	168	421	295	4	1,396
Capital Expenditures	-296	-286	-334	-576	-775	-430
Purchases of Intangible Assets	-1,422	-1,383	-1,321	-1,272	-1,117	-1,006
Sale of Property, Plant & Equipment	111	79	633	78	96	96
Proceeds from Sale of Intangible Assets	4	4	73	3	18	5
Other Investing Activities	59	53	73	79	48	23
Investing Cash Flow	-1,375	-1,247	-588	-538	-2,226	-357
Issuance of Common Stock	-2,366	-1,381	-1,292	-502	-1,538	2,723
Net Common Stock Issued (Repurchased)	-2,366	-1,381	-1,292	-502	-1,538	2,723
Common Dividends Paid	-6,112	-5,830	-4,293	-2,966	-4,041	-41
Other Financing Activities	23	23	-7	-50	-14	-1
Financing Cash Flow	-8,455	-7,188	-5,592	-3,518	-5,593	2,681
Effect of Exchange Rate Changes on Cash and Cash Equivalents	3	-115	-136	-52	37	-84
Net Cash Flow	-13,639	-48,622	-23,518	98,220	986	595
Free Cash Flow	-4,105	-40,473	-17,672	101,700	8,030	-2,159
Free Cash Flow Growth	-	-	-	1166.50%	-	-
FCF Margin	-18.02%	-162.61%	-76.97%	843.63%	46.08%	-15.78%
Free Cash Flow Per Share	-0.23	-2.24	-0.96	5.27	0.41	-0.12
Levered Free Cash Flow	-1,572	-36,557	-14,452	92,317	7,870	-577
Unlevered Free Cash Flow	-10,709	-45,223	-22,176	87,938	3,685	-3,854

Updated Jun 30, 2025. Data Source: Fiscal.ai. Banks template. Financial Sources.