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	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	611.59	623.12	558.42	371.77	443.53
Depreciation & Amortization	70.33	79.31	81.14	65.01	58.84
Gain (Loss) on Sale of Investments	-90.63	-82.98	-87.38	75.13	-22.08
Total Asset Writedown	2.49	8.47	8.49	18.57	5.98
Provision for Credit Losses	20.21	44.59	15.64	-15.95	-24.77
Change in Other Net Operating Assets	-2,851	1,528	177.95	-2,080	-1,468
Other Operating Activities	-8.08	100.49	40.44	5.26	-0.83
Operating Cash Flow	-2,245	2,301	794.71	-1,561	-1,007
Operating Cash Flow Growth	-	189.50%	-	-	-
Capital Expenditures	-373.43	-132.52	-105.4	-147.28	-145.88
Sale of Property, Plant and Equipment	73.61	36.88	13.51	31.8	62.34
Investment in Securities	-40.46	-4.79	-25.95	-25.92	-12.98
Purchase / Sale of Intangibles	-	-3.96	-4.06	-4.82	-5.26
Investing Cash Flow	-340.28	-104.39	-121.91	-146.22	-101.77
Long-Term Debt Issued	300	450	390	-	280
Short-Term Debt Repaid	-	-302	-	-	-
Long-Term Debt Repaid	-180	-200	-171	-100	-
Total Debt Repaid	-180	-502	-171	-100	-
Net Debt Issued (Repaid)	120	-52	219	-100	280
Issuance of Common Stock	14.12	18.14	239.2	224.64	6
Repurchase of Common Stock	-135.97	-103.44	-384.58	-83.7	-10.94
Common Dividends Paid	-220.27	-189.5	-153.08	-129.44	-24.48
Net Increase (Decrease) in Deposit Accounts	2,118	650.03	726.7	906.75	-234.98
Financing Cash Flow	1,896	323.23	647.25	818.25	15.6
Net Cash Flow	-689.12	2,520	1,320	-888.66	-1,093
Free Cash Flow	-2,618	2,168	689.31	-1,708	-1,153
Free Cash Flow Growth	-	214.54%	-	-	-
Free Cash Flow Margin	-147.98%	126.34%	43.71%	-130.16%	-89.13%
Free Cash Flow Per Share	-159.58	128.69	40.16	-98.97	-66.92
Cash Income Tax Paid	164.07	72.58	53.25	62.67	41.69

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