SJF Bank 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024
Net Income	611.59	623.12
Depreciation & Amortization	37.38	37.38
Provision for Credit Losses	20.21	44.59
Other Adjustments	93.19	140.07
Changes in Trading Assets	-570.9	-1,451
Changes in Other Operating Activities	-318.19	3,557
Operating Cash Flow	-126.72	2,951
Operating Cash Flow Growth	-	-
Cash Acquisitions	-40.46	-4.79
Capital Expenditures	-373.43	-132.52
Purchases of Intangible Assets	0	-3.96
Sale of Property, Plant & Equipment	73.61	36.88
Investing Cash Flow	-340.28	-104.39
Long-Term Debt Issued	300	450
Long-Term Debt Repaid	-180	-502
Net Long-Term Debt Issued (Repaid)	120	-52
Issuance of Common Stock	14.12	18.14
Repurchase of Common Stock	-135.97	-103.44
Net Common Stock Issued (Repurchased)	-121.85	-85.3
Common Dividends Paid	-182.45	-145.61
Other Financing Activities	-37.83	-43.89
Financing Cash Flow	-222.13	-326.8
Net Cash Flow	-689.12	2,520
Free Cash Flow	-500.14	2,818
Free Cash Flow Growth	-	-
FCF Margin	-28.06%	162.10%
Free Cash Flow Per Share	-30.48	167.27