Lån & Spar Bank Cash Flow Statement

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

Millions DKK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	527.36	537.25	619.31	627.99	252.48	255.39
Depreciation & Amortization	86.25	88.03	70.95	90.58	72.56	75.12
Other Adjustments	-148.14	-137.21	-166.8	-133.31	-123.63	-58.4
Changes in Other Operating Activities	-1,702	-1,049	1,978	-1,084	2,286	2,860
Operating Cash Flow	-1,237	-561.27	2,501	-498.75	2,488	3,132
Operating Cash Flow Growth	-	-	-	-	-20.58%	-
Capital Expenditures	-7.16	-8.83	-16.87	-9.68	-13.21	-8.11
Purchases of Intangible Assets	-38.75	-43.03	-46.96	-45.08	-41.9	-53.28
Sale of Property, Plant & Equipment	0.35	0.37	0.17	0	1.54	0.5
Other Investing Activities	10	6	6	6	8	6
Investing Cash Flow	-35.56	-45.49	-57.65	-48.75	-45.57	-54.89
Long-Term Debt Issued	-	299.64	249.38	449.48	250	200
Long-Term Debt Repaid	-21.72	-221.54	-20.65	-219.45	-18.2	-17.47
Net Long-Term Debt Issued (Repaid)	-21.72	78.1	228.73	230.02	231.8	182.53
Issuance of Common Stock	15.55	42.14	41.39	20.65	29.77	12.32
Repurchase of Common Stock	-23.14	-48.81	-32.92	-22.62	-32.75	-9.62
Net Common Stock Issued (Repurchased)	-7.59	-6.68	8.47	-1.98	-2.98	2.7
Common Dividends Paid	-69.15	-69.31	-69.04	-34.55	-34.6	-27.65
Financing Cash Flow	1.18	2.11	168.16	193.5	194.22	157.58
Net Cash Flow	-1,271	-604.65	2,612	-354.01	2,636	3,235
Free Cash Flow	-1,244	-570.1	2,485	-508.43	2,475	3,124
Free Cash Flow Growth	-	-	-	-	-20.79%	-
FCF Margin	-78.56%	-35.95%	158.49%	-34.31%	241.71%	315.52%
Free Cash Flow Per Share	-359.41	-164.72	718.50	-147.24	715.81	903.74