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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	783.4	619.43	506.62	420.9	200.57	184.49
Depreciation & Amortization	202.04	190.98	154.54	78.36	69.15	63.86
Other Amortization	38.76	38.76	-	-	-	-
Gain (Loss) on Sale of Assets	0.46	0.27	10.27	-0.63	-2.25	-8.47
Total Asset Writedown	0.31	-	-	4.82	4.36	15.75
Provision for Credit Losses	820.22	777.28	827.59	487.24	327.43	344.7
Change in Trading Asset Securities	-165.77	84.63	-103.5	-	-	-
Change in Income Taxes	144.89	827.63	45.29	-	-	-
Change in Other Net Operating Assets	141.68	-713.79	220.37	-4,310	-2,032	-2,519
Other Operating Activities	-556.89	-622.98	18.17	176.89	102.15	-24.58
Operating Cash Flow	1,390	1,192	1,659	-3,142	-1,330	-1,940
Operating Cash Flow Growth	-30.49%	-28.13%	-	-	-	-
Capital Expenditures	-75.23	-81.74	-43.38	-52.78	-27.02	-38.32
Sale of Property, Plant and Equipment	0.31	0.3	30.97	2.54	19.03	81.87
Investment in Securities	335.38	143.37	-306.86	37.66	260.72	103.3
Purchase / Sale of Intangibles	-121.48	-122.55	-83.57	-54.89	-47.99	-34.25
Investing Cash Flow	138.98	-60.61	-402.84	-67.46	204.74	112.6
Long-Term Debt Issued	-	170.94	65.47	1,225	159.52	9.25
Net Debt Issued (Repaid)	213.43	170.94	65.47	1,225	159.52	9.25
Issuance of Common Stock	498.5	-	-	-	1.7	-
Repurchase of Common Stock	-	-	-	-	-	-5.61
Common Dividends Paid	-202.94	-134.19	-183.82	-80.71	-56.62	-64.94
Net Increase (Decrease) in Deposit Accounts	-	-	-	3,056	1,611	1,196
Other Financing Activities	1,190	1,194	-6.85	-	-	-
Financing Cash Flow	1,699	1,230	-125.2	4,200	1,715	1,135
Foreign Exchange Rate Adjustments	-	-	10.4	-	-	0.55
Net Cash Flow	3,228	2,362	1,142	990.56	590.05	-692.47
Free Cash Flow	1,315	1,111	1,616	-3,195	-1,357	-1,979
Free Cash Flow Growth	-32.43%	-31.26%	-	-	-	-
Free Cash Flow Margin	24.37%	22.55%	42.53%	-97.70%	-52.74%	-88.27%
Free Cash Flow Per Share	12.04	10.63	15.47	-30.58	-12.99	-18.97
Cash Income Tax Paid	269.57	269.57	248.28	92.57	37.45	53.83

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