Banco de Sabadell 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	1,775	1,827	1,332	889.39	530.24
Depreciation & Amortization	515.58	540.34	518.97	545.09	526.51
Change in Trading Asset Securities	-49.37	-831.74	878.92	-1,131	525.27
Change in Other Net Operating Assets	-1,294	-13,456	-14,240	-8,153	9,500
Other Operating Activities	730.69	857.19	986.19	1,222	1,257
Operating Cash Flow	1,678	-11,064	-10,523	-6,628	12,339
Operating Cash Flow Growth	-	-	-	-	-39.58%
Capital Expenditures	-298.48	-205.99	-236.42	-238.94	-225.63
Sale of Property, Plant and Equipment	52.23	112.76	122.65	96.55	444.51
Cash Acquisitions	-2.78	-	-	-	-
Investment in Securities	216.02	100.5	27.31	208.55	59.17
Purchase / Sale of Intangibles	-312.32	-346.19	-296.09	-194.64	-276.14
Other Investing Activities	107.19	85.28	219.52	63.68	417.68
Investing Cash Flow	-238.15	-253.64	-163.02	-64.8	419.59
Long-Term Debt Issued	1,000	500	1,000	-	1,750
Long-Term Debt Repaid	-800	-	-900	-750	-443.5
Net Debt Issued (Repaid)	200	500	100	-750	1,307
Issuance of Common Stock	35.72	35.42	59.82	101.75	68.31
Repurchase of Common Stock	-1,036	-113.79	-276.2	-86.46	-64.38
Common Dividends Paid	-1,367	-591.33	-273.75	-280.85	-
Other Financing Activities	-252.55	-212.6	-226.88	-221.32	-215.15
Financing Cash Flow	-2,419	-382.29	-617	-1,237	1,095
Foreign Exchange Rate Adjustments	-196.72	95.93	28.78	-23.21	174.59
Net Cash Flow	-1,176	-11,604	-11,275	-7,953	14,028
Free Cash Flow	1,380	-11,270	-10,760	-6,867	12,113
Free Cash Flow Growth	-	-	-	-	-39.62%
Free Cash Flow Margin	31.28%	-256.65%	-215.82%	-158.13%	298.03%
Free Cash Flow Per Share	0.27	-2.10	-1.99	-1.23	2.17
Cash Income Tax Paid	490.12	376.45	408.86	67.52	-74.3

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