Emirates NBD Bank PJSC Cash Flow Statement

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

Millions AED. 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	24,169	23,981	22,973	21,480	13,003	9,298
Depreciation & Amortization	1,365	1,314	1,279	961	965	964.27
Gain (Loss) on Sale of Assets	9	37	6	-389	-25	-326.24
Gain (Loss) on Sale of Investments	-2,388	-3,370	-4,075	-2,221	-4,218	-1,657
Total Asset Writedown	99	108	117	108	117	130.21
Provision for Credit Losses	3,773	2,731	-404	4,466	5,319	6,235
Change in Trading Asset Securities	-4,145	-985	3,083	2,307	-7,328	2,555
Change in Other Net Operating Assets	-178,536	-164,227	-54,521	-95,003	-22,775	21,862
Other Operating Activities	3,751	2,120	6,780	6,017	5,019	4,205
Operating Cash Flow	-151,918	-138,305	-24,774	-62,281	-9,938	43,268
Operating Cash Flow Growth	-	-	-	-	-	290.94%
Capital Expenditures	-699	-699	-2,903	-1,447	-656	-448.26
Sale of Property, Plant and Equipment	294	-	-	-	-	-
Investment in Securities	15,627	-1,742	-22,850	-45,787	-18,621	-33,971
Income (Loss) Equity Investments	-15	-14	-12	-7	-15	2.4
Divestitures	-	-	-	-	-	546.73
Other Investing Activities	15	14	12	7	15	18.74
Investing Cash Flow	15,237	-2,427	-25,741	-47,227	-19,262	-33,854
Long-Term Debt Issued	-	33,477	30,443	23,386	6,994	27,473
Long-Term Debt Repaid	-	-22,402	-19,471	-8,050	-12,963	-16,986
Net Debt Issued (Repaid)	12,714	11,075	10,972	15,336	-5,969	10,487
Issuance of Common Stock	-	3,664	-	-	-	2,749
Repurchase of Common Stock	-	-3,664	-	-	-	-4,000
Common Dividends Paid	-6,826	-6,850	-8,084	-4,297	-3,666	-3,117
Net Increase (Decrease) in Deposit Accounts	132,416	119,247	82,216	81,608	46,469	-7,713
Other Financing Activities	-70	-70	-	-	-	-
Financing Cash Flow	138,234	123,402	85,104	92,647	36,834	-1,594
Net Cash Flow	1,553	-17,330	34,589	-16,861	7,634	7,820
Free Cash Flow	-152,617	-139,004	-27,677	-63,728	-10,594	42,820
Free Cash Flow Growth	-	-	-	-	-	314.90%
Free Cash Flow Margin	-310.92%	-290.17%	-62.70%	-160.62%	-38.77%	238.91%
Free Cash Flow Per Share	-24.18	-22.03	-4.39	-10.10	-1.68	6.79
Cash Income Tax Paid	3,845	3,693	1,665	1,454	1,426	689.19

Updated Mar 31, 2026. Source: S&P Global Market Intelligence. Banks template. Financial Sources.