Banco Mercantil do Brasil Cash Flow Statement

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

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 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	847.93	752.18	420.9	200.57	184.49	151.05
Depreciation & Amortization	76.92	61.81	78.36	69.15	63.86	53.45
Other Amortization	59.12	30.8	-	-	-	-
Gain (Loss) on Sale of Assets	-0.07	0.82	-0.63	-2.25	-8.47	48.45
Gain (Loss) on Sale of Investments	-	-	-	-	-	-141.38
Total Asset Writedown	7.9	7.9	4.82	4.36	15.75	-33.88
Provision for Credit Losses	461.01	461.01	487.24	327.43	344.7	326.31
Change in Other Net Operating Assets	-3,693	-3,586	-4,310	-2,032	-2,519	-2,128
Other Operating Activities	412.97	190.1	176.89	102.15	-24.58	354.84
Operating Cash Flow	-1,093	-2,076	-3,142	-1,330	-1,940	-1,367
Capital Expenditures	-94.28	-43.22	-52.78	-27.02	-38.32	-80.18
Sale of Property, Plant and Equipment	5.1	15.42	2.54	19.03	81.87	82.95
Cash Acquisitions	-	-	-	-	-	-0.75
Investment in Securities	-559.51	-310.7	37.66	260.72	103.3	42.6
Purchase / Sale of Intangibles	-133.84	-97.96	-54.89	-47.99	-34.25	-31.52
Investing Cash Flow	-782.53	-436.46	-67.46	204.74	112.6	13.1
Long-Term Debt Issued	-	65.47	1,225	159.52	9.25	42.05
Long-Term Debt Repaid	-	-	-	-	-	-780.61
Net Debt Issued (Repaid)	123.39	65.47	1,225	159.52	9.25	-738.56
Issuance of Common Stock	-	-	-	1.7	-	-
Repurchase of Common Stock	-	-	-	-	-5.61	-
Common Dividends Paid	-130.77	-183.82	-80.71	-56.62	-64.94	-35.25
Net Increase (Decrease) in Deposit Accounts	3,762	3,762	3,056	1,611	1,196	1,326
Other Financing Activities	-8.37	-	-	-	-	169.27
Financing Cash Flow	3,746	3,643	4,200	1,715	1,135	721.92
Foreign Exchange Rate Adjustments	0.17	10.4	-	-	0.55	1.77
Net Cash Flow	1,871	1,142	990.56	590.05	-692.47	-629.87
Free Cash Flow	-1,187	-2,119	-3,195	-1,357	-1,979	-1,447
Free Cash Flow Margin	-24.53%	-48.35%	-97.70%	-52.74%	-88.27%	-80.08%
Free Cash Flow Per Share	-11.36	-20.28	-30.58	-12.99	-18.97	-13.80
Cash Income Tax Paid	255.48	248.28	92.57	37.45	53.83	17.76

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.