BVMF:IBMB34 Cash Flow Statement

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

Millions USD. 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	10,593	6,023	7,502	1,639	5,743
Depreciation & Amortization	5,021	3,998	3,736	4,154	5,726
Other Amortization	-	669	660	648	691
Loss (Gain) From Sale of Assets	-	-652	-170	-363	-136
Stock-Based Compensation	1,715	1,311	1,133	987	982
Other Operating Activities	1	783	-1,114	3,168	-2,001
Change in Accounts Receivable	-	-374	725	-539	1,372
Change in Inventory	-	-166	390	71	138
Change in Accounts Payable	-	-13	65	213	85
Change in Other Net Operating Assets	-4,137	1,866	1,004	457	196
Operating Cash Flow	13,193	13,445	13,931	10,435	12,796
Operating Cash Flow Growth	-1.87%	-3.49%	33.50%	-18.45%	-29.68%
Capital Expenditures	-1,617	-1,048	-1,245	-1,346	-2,062
Sale of Property, Plant & Equipment	-	557	321	111	387
Cash Acquisitions	-8,294	-3,289	-5,082	-2,348	-3,293
Divestitures	-1	698	-4	1,272	114
Sale (Purchase) of Intangibles	-	-637	-565	-626	-706
Investment in Securities	-390	-1,218	-496	-1,265	-414
Other Investing Activities	-	-	1	-	-1
Investing Cash Flow	-10,302	-4,937	-7,070	-4,202	-5,975
Short-Term Debt Issued	-	30	-	217	-
Long-Term Debt Issued	2,873	5,705	9,586	7,804	522
Total Debt Issued	2,873	5,735	9,586	8,021	522
Short-Term Debt Repaid	-	-	-7	-	-40
Long-Term Debt Repaid	-	-6,615	-5,082	-6,800	-8,597
Total Debt Repaid	-	-6,615	-5,089	-6,800	-8,637
Net Debt Issued (Repaid)	2,873	-880	4,497	1,221	-8,115
Issuance of Common Stock	-	745	414	279	-
Repurchase of Common Stock	-	-651	-402	-407	-319
Common Dividends Paid	-6,255	-6,147	-6,040	-5,948	-5,869
Other Financing Activities	-447	-146	-238	-103	949
Financing Cash Flow	-3,829	-7,079	-1,769	-4,958	-13,354
Foreign Exchange Rate Adjustments	418	-359	9	-244	-185
Miscellaneous Cash Flow Adjustments	-	1	-	-	-
Net Cash Flow	-520	1,071	5,101	1,031	-6,718
Free Cash Flow	11,576	12,397	12,686	9,089	10,734
Free Cash Flow Growth	-6.62%	-2.28%	39.57%	-15.32%	-31.10%
Free Cash Flow Margin	17.14%	19.75%	20.51%	15.02%	18.72%
Free Cash Flow Per Share	12.20	13.23	13.76	9.96	11.87
Cash Interest Paid	-	1,978	1,668	1,401	1,512
Cash Income Tax Paid	-	1,723	1,564	1,865	2,103
Levered Free Cash Flow	12,771	9,326	10,823	9,681	4,627
Unlevered Free Cash Flow	13,980	10,396	11,827	10,441	5,348
Change in Working Capital	-4,137	1,313	2,184	202	1,791

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