KBC Group NV Cash Flow Statement

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

Millions EUR. 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	3,568	3,415	3,402	2,818	2,614
Depreciation & Amortization	222	229	239	237	242
Other Amortization	211	187	177	168	147
Gain (Loss) on Sale of Investments	-30	-22	-435	6	-20
Total Asset Writedown	993	513	622	1,371	751
Provision for Credit Losses	278	224	5	177	-312
Change in Trading Asset Securities	-7,297	-10,337	-2,607	3,121	1,292
Change in Other Net Operating Assets	5,063	15,745	-21,830	3,321	8,779
Other Operating Activities	40	-306	-73	-126	545
Operating Cash Flow	4,201	9,848	-20,194	10,791	14,043
Operating Cash Flow Growth	-57.34%	-	-	-23.16%	-46.74%
Capital Expenditures	-945	-995	-988	-575	-603
Sale of Property, Plant and Equipment	287	341	290	246	292
Cash Acquisitions	-	-	-4	-94	-71
Investment in Securities	-1,007	1,074	-3,482	-3,263	1,503
Income (Loss) Equity Investments	-6	-80	4	10	5
Divestitures	40	-	6,480	111	-
Purchase / Sale of Intangibles	-421	-373	-367	-342	-307
Other Investing Activities	-	-	1	1	-
Investing Cash Flow	-2,154	-86	1,982	-3,986	822
Long-Term Debt Issued	4,075	4,894	6,477	1,033	1,020
Long-Term Debt Repaid	-4,602	-3,383	-	-795	-
Net Debt Issued (Repaid)	-527	1,511	6,477	238	1,020
Issuance of Common Stock	1,009	765	754	15	15
Repurchase of Common Stock	-364	-1,939	-497	-	-
Common Dividends Paid	-1,760	-2,026	-1,713	-3,635	-1,483
Financing Cash Flow	-1,642	-1,689	5,021	-3,382	-448
Foreign Exchange Rate Adjustments	1,006	-626	-330	503	1,343
Net Cash Flow	1,410	7,446	-13,520	3,927	15,760
Free Cash Flow	3,256	8,853	-21,182	10,216	13,440
Free Cash Flow Growth	-63.22%	-	-	-23.99%	-47.77%
Free Cash Flow Margin	27.30%	80.92%	-188.47%	104.97%	170.02%
Free Cash Flow Per Share	8.20	22.13	-51.04	24.50	32.23
Cash Interest Paid	11,284	14,172	14,697	6,063	1,869
Cash Income Tax Paid	685	699	532	525	485

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