GrønlandsBANKEN Cash Flow Statement

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

Millions DKK. 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	180.85	209.01	192.4	98.75	132.83
Depreciation & Amortization	2.98	2.81	2.39	2.67	2.55
Gain (Loss) on Sale of Assets	-0.14	-	-0.36	-0.28	-0.73
Total Asset Writedown	6.64	6.21	5.77	4.66	4.47
Provision for Credit Losses	15.54	18.91	14.16	4.52	1.54
Change in Other Net Operating Assets	-33.27	-400.58	-584	-634.52	49.39
Other Operating Activities	-0.46	-1.44	-2.53	-0.11	2.34
Operating Cash Flow	172.14	-165.09	-372.18	-524.31	192.39
Capital Expenditures	-20.51	-16.5	-17.61	-11.77	-22.99
Sale of Property, Plant and Equipment	0.56	-	0.9	0.33	3.61
Investing Cash Flow	-19.96	-16.5	-16.7	-11.45	-19.38
Long-Term Debt Issued	163.69	138.8	138.82	49.54	49.64
Long-Term Debt Repaid	-50	-	-	-	-
Net Debt Issued (Repaid)	113.69	138.8	138.82	49.54	49.64
Common Dividends Paid	-180	-99	-36	-72	-45
Net Increase (Decrease) in Deposit Accounts	825.47	901.28	590.24	612.65	-344.95
Financing Cash Flow	759.16	941.08	693.06	590.18	-340.31
Net Cash Flow	911.35	759.5	304.18	54.42	-167.3
Free Cash Flow	151.63	-181.58	-389.79	-536.08	169.4
Free Cash Flow Margin	34.57%	-37.41%	-83.52%	-170.62%	47.74%
Free Cash Flow Per Share	84.26	-100.86	-216.58	-298.03	94.11
Cash Income Tax Paid	-	-	-	-	22.8

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