CFG 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	261.82	166.03	43.89	28.55	-42.03
Depreciation & Amortization	62.87	55.85	54.85	53.36	46.33
Gain (Loss) on Sale of Assets	21.91	-11.84	-3.66	0.44	-5.37
Gain (Loss) on Sale of Investments	-15.55	-27.52	18.39	-0.04	7.56
Change in Income Taxes	-45.48	-24.51	-27.62	-17.83	-14.05
Change in Other Net Operating Assets	613.1	-512.36	157.98	263.21	-265.05
Other Operating Activities	107.51	44.55	67.25	56	71.99
Operating Cash Flow	1,006	-309.81	311.08	383.69	-200.62
Operating Cash Flow Growth	-	-	-18.92%	-	-
Capital Expenditures	-217.79	-271.96	-317.52	-	-59.65
Sale of Property, Plant and Equipment	-	-	-	31.62	-
Investment in Securities	0.28	-1.8	-	-467.25	-9.04
Investing Cash Flow	-217.51	-273.76	-317.52	-435.63	-68.69
Other Financing Activities	-166.22	648.04	-44.02	265.09	400
Financing Cash Flow	-166.22	648.04	-44.02	265.09	400
Net Cash Flow	622.45	64.47	-50.46	213.15	130.69
Free Cash Flow	788.4	-581.77	-6.44	383.69	-260.28
Free Cash Flow Margin	88.13%	-92.64%	-1.38%	96.94%	-97.67%
Free Cash Flow Per Share	23.94	-17.77	-0.28	75.39	-49.17
Cash Income Tax Paid	45.48	24.51	27.62	17.83	14.05

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