CCSE:BVL Cash Flow Statement

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

Millions VEF. Fiscal year is Jan - Dec.

Fiscal Year	FY 2010	FY 2009
Period Ending	Dec '10 Dec 31, 2010	Dec '09 Dec 31, 2009
Net Income	1,083	848.73
Depreciation & Amortization	211.83	107.34
Total Asset Writedown	20.14	2.38
Provision for Credit Losses	808.62	510.88
Accrued Interest Receivable	-357.3	-20.25
Change in Other Net Operating Assets	-2,362	-455.32
Other Operating Activities	824.37	0.26
Operating Cash Flow	218.88	963.15
Operating Cash Flow Growth	-77.28%	-37.67%
Capital Expenditures	-109.53	-138.61
Cash Acquisitions	-	1.32
Investment in Securities	-2,980	-3,462
Income (Loss) Equity Investments	-17.08	-17.61
Net Decrease (Increase) in Loans Originated / Sold - Investing	-6,629	-1,526
Other Investing Activities	9.77	13.78
Investing Cash Flow	-9,709	-5,112
Long-Term Debt Issued	1,082	176.34
Long-Term Debt Repaid	-1,270	-22.5
Net Debt Issued (Repaid)	-188.25	153.84
Common Dividends Paid	-693.1	-463.04
Net Increase (Decrease) in Deposit Accounts	18,894	7,403
Other Financing Activities	-21.99	-15.74
Financing Cash Flow	17,991	7,078
Net Cash Flow	8,501	2,929
Free Cash Flow	109.34	824.54
Free Cash Flow Growth	-86.74%	-43.30%
Free Cash Flow Margin	3.12%	37.17%
Free Cash Flow Per Share	0.03	0.23

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