Attijariwafa bank Cash Flow Statement

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

Millions MAD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	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	9,504	7,508	6,103	5,144	3,018
Depreciation & Amortization	1,428	1,437	1,597	1,586	1,661
Gain (Loss) on Sale of Assets	-535.21	-247.15	-136.18	-24.75	5.47
Gain (Loss) on Sale of Investments	376.67	-	1.16	1.22	-
Change in Income Taxes	-5,193	-4,201	-3,270	-3,013	-3,854
Change in Other Net Operating Assets	22,694	9,925	9,846	-2,171	-1,915
Other Operating Activities	7,750	8,278	8,161	5,990	7,239
Operating Cash Flow	36,012	22,691	22,295	7,524	6,170
Operating Cash Flow Growth	58.71%	1.77%	196.31%	21.95%	-
Capital Expenditures	-2,290	-1,709	-1,045	-1,352	-
Sale of Property, Plant and Equipment	-	-	-	-	96.16
Investment in Securities	-7,837	-4,272	-8,864	372.75	-1,528
Income (Loss) Equity Investments	-12.58	-9.5	-5.59	11.43	16.32
Other Investing Activities	-	-	-	0	-0
Investing Cash Flow	-9,988	-5,875	-10,061	-965.99	-1,605
Common Dividends Paid	-	-	-3,154	-2,328	-2,835
Other Financing Activities	-3,446	-8,113	-3,634	1,674	7,380
Financing Cash Flow	-3,446	-8,113	-6,788	-653.71	4,545
Foreign Exchange Rate Adjustments	-2,144	-1,385	43.78	-262.63	-167.04
Net Cash Flow	20,434	7,318	5,490	5,642	8,943
Free Cash Flow	33,722	20,982	21,250	6,172	6,170
Free Cash Flow Growth	60.72%	-1.26%	244.30%	0.04%	-
Free Cash Flow Margin	110.86%	80.82%	93.73%	29.77%	33.65%
Free Cash Flow Per Share	156.75	97.54	98.79	28.69	29.40
Cash Income Tax Paid	5,193	4,201	3,270	3,013	3,854

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