CCSE:MVZ.B Cash Flow Statement

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

Millions VES. Fiscal year is Jan - Dec.

Fiscal Year	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	1,721	887.1	118.28	74.43
Depreciation & Amortization	88.03	13.73	2.27	0.11
Other Amortization	22.85	9.39	1.11	-
Gain (Loss) on Sale of Investments	-	-	-0.34	0.34
Provision for Credit Losses	162.33	42.47	3.84	0.68
Accrued Interest Receivable	-50.76	-58.42	2.21	7.25
Change in Other Net Operating Assets	1,701	1,790	-84.35	21.57
Other Operating Activities	-1,322	-570.69	-289.8	-84.24
Operating Cash Flow	1,366	1,327	-247.58	19.9
Operating Cash Flow Growth	2.94%	-	-	-
Capital Expenditures	-19.77	-12.88	-7.7	-0.1
Investment in Securities	-861.27	-364.44	267.99	52.45
Income (Loss) Equity Investments	-33.31	-5.79	-1.58	-0.32
Net Decrease (Increase) in Loans Originated / Sold - Investing	-5,405	-1,452	-138.21	-31.94
Other Investing Activities	-	-0	-	-
Investing Cash Flow	-6,286	-1,830	122.07	20.41
Short-Term Debt Issued	1,382	2.25	-	2.33
Long-Term Debt Issued	81.88	2.72	1.23	0.21
Total Debt Issued	1,464	4.97	1.23	2.53
Short-Term Debt Repaid	-	-50.07	-33.82	-
Long-Term Debt Repaid	-	-17.79	-	-
Total Debt Repaid	-	-67.86	-33.82	-
Net Debt Issued (Repaid)	1,464	-62.89	-32.59	2.53
Issuance of Common Stock	-	182.41	-	-
Repurchase of Common Stock	-3.42	-	-	-
Common Dividends Paid	-1.16	-0.25	-0.13	-0.01
Net Increase (Decrease) in Deposit Accounts	5,713	1,783	954.81	86.69
Other Financing Activities	-0	0	-	-
Financing Cash Flow	7,172	1,902	922.09	89.22
Foreign Exchange Rate Adjustments	3,141	2,344	222.83	45.06
Net Cash Flow	5,393	3,743	1,019	174.58
Free Cash Flow	1,346	1,314	-255.28	19.8
Free Cash Flow Growth	2.44%	-	-	-
Free Cash Flow Margin	18.83%	53.49%	-52.85%	15.94%
Free Cash Flow Per Share	13.12	12.88	-2.50	0.19
Cash Interest Paid	281.28	66.55	40.32	2.84
Cash Income Tax Paid	58.53	1.61	0.02	0.32

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