Maendeleo Bank Cash Flow Statement

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

Millions TZS. 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	-	3,687	2,348	1,416	587.44
Depreciation & Amortization	-	771.22	752.37	693.3	616.29
Other Amortization	-	25.79	58.86	66.79	141.58
Total Asset Writedown	-	-	-	267.37	110.14
Provision for Credit Losses	-	1,125	1,506	2,833	1,667
Change in Other Net Operating Assets	-	-17,531	-16,441	-4,109	-4,810
Other Operating Activities	-	661.91	809.89	1,544	1,048
Operating Cash Flow	-	-11,236	-10,961	2,695	-649.48
Capital Expenditures	-	-622.56	-198.42	-417.42	-710.1
Investment in Securities	-	-3,992	-3,060	421.88	-8,659
Purchase / Sale of Intangibles	-	-90.19	-52.47	-40.45	-54.56
Investing Cash Flow	-	-4,705	-3,311	-35.99	-9,424
Long-Term Debt Issued	-	13,000	6,500	955.17	6,000
Long-Term Debt Repaid	-	-3,281	-4,504	-4,252	-2,137
Net Debt Issued (Repaid)	-	9,719	1,996	-3,297	3,863
Issuance of Common Stock	-	-	-	-	963.51
Common Dividends Paid	-	-	-718.85	-290.75	-
Net Increase (Decrease) in Deposit Accounts	-	13,236	12,959	7,586	9,740
Other Financing Activities	-	-1,244	-453.55	-1,604	-1,424
Financing Cash Flow	-	21,711	13,783	2,395	13,143
Foreign Exchange Rate Adjustments	-	88.44	36.38	-93.39	-71.17
Net Cash Flow	-	5,858	-453.23	4,961	2,998
Free Cash Flow	-	-11,859	-11,160	2,278	-1,360
Free Cash Flow Margin	-	-85.11%	-101.08%	25.52%	-18.55%
Free Cash Flow Per Share	-	-451.72	-425.08	86.77	-51.80
Cash Interest Paid	-	1,244	968.98	1,604	6,730
Cash Income Tax Paid	-	945.2	506.78	704.25	548.2

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