Banco Santander (Brasil) Cash Flow Statement

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

Millions BRL. 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	15,339	13,366	9,449	14,287	15,528
Depreciation & Amortization	3,417	1,652	2,028	1,934	1,865
Other Amortization	-	1,079	712.98	651.72	569.37
Gain (Loss) on Sale of Assets	-241.7	-1,912	-855.57	-130.67	-32.51
Gain (Loss) on Sale of Investments	-1.09	28,484	28,008	24,829	19,292
Total Asset Writedown	-	252.49	250.17	161.43	165.8
Change in Trading Asset Securities	-1,889	-59,942	-91,922	-40,606	92,505
Change in Income Taxes	1,716	-	-	-	-
Change in Other Net Operating Assets	-16,250	29,762	118,960	-11,584	-82,824
Other Operating Activities	2,688	-33,559	-29,776	17,504	-40,117
Operating Cash Flow	4,779	-21,131	36,615	6,847	6,807
Operating Cash Flow Growth	-	-	434.75%	0.59%	-83.91%
Capital Expenditures	-580.57	-724.3	-1,446	-1,126	-1,163
Sale of Property, Plant and Equipment	397.75	333.41	117.31	148.56	37.58
Cash Acquisitions	-	-114.21	-5.05	-460.25	-13.75
Investment in Securities	-7.5	-	-	-	-
Income (Loss) Equity Investments	-	-312.99	-239.24	-199.18	-144.18
Purchase / Sale of Intangibles	-1,862	-1,645	-1,722	-1,593	-1,202
Other Investing Activities	8,259	134.24	474.94	325.36	414.67
Investing Cash Flow	6,207	-2,016	-2,580	-2,705	-1,927
Long-Term Debt Issued	121,363	39,610	75,405	60,583	107,285
Long-Term Debt Repaid	-113,501	-33,038	-63,401	-39,155	-97,221
Net Debt Issued (Repaid)	7,862	6,572	12,004	21,428	10,064
Issuance of Common Stock	165.15	-	-	-	-
Repurchase of Common Stock	-	-	-	-506.28	-
Common Dividends Paid	-13,796	-5,619	-5,450	-7,393	-9,907
Other Financing Activities	687.79	-22.88	-735.66	-774.31	-815.57
Financing Cash Flow	-5,081	930.18	5,818	12,755	-658.51
Foreign Exchange Rate Adjustments	0.01	-	-	-	-
Net Cash Flow	5,905	-22,217	39,852	16,897	4,222
Free Cash Flow	4,198	-21,856	35,169	5,721	5,644
Free Cash Flow Growth	-	-	514.74%	1.36%	-86.26%
Free Cash Flow Margin	9.72%	-46.32%	90.41%	13.69%	12.05%
Free Cash Flow Per Share	-	-5.86	9.45	1.54	1.51
Cash Interest Paid	-	132.24	713.97	861.72	911.31
Cash Income Tax Paid	-	5,424	5,893	6,077	4,535

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.