Banco Comercial Português 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	1,019	906.38	856.05	197.39	138.08
Depreciation & Amortization	112.72	109.17	103.57	103.08	102.98
Other Amortization	43.02	35.63	33.93	36.17	34.17
Change in Trading Asset Securities	542.48	-992.53	125.79	136.61	45.16
Change in Other Net Operating Assets	1,763	2,172	-3,031	-1,465	2,750
Other Operating Activities	-184.62	179.73	958.66	1,278	765.66
Operating Cash Flow	3,295	2,410	-953.06	286.15	3,836
Operating Cash Flow Growth	36.70%	-	-	-92.54%	10.07%
Capital Expenditures	-151.29	-162.1	-124.88	-126.19	-80.46
Sale of Property, Plant and Equipment	17.59	1.33	6.93	9.43	13.61
Cash Acquisitions	-	-	-	-	2.56
Investment in Securities	-5,999	-5,506	-7,681	-458.85	-2,895
Divestitures	-	-	115.09	-	-
Other Investing Activities	1,521	927.16	1,085	10.03	260.61
Investing Cash Flow	-4,612	-4,739	-6,599	-565.58	-2,699
Long-Term Debt Issued	1,728	1,257	1,214	570.47	1,404
Long-Term Debt Repaid	-1,316	-785.4	-321.94	-1,356	-635.67
Net Debt Issued (Repaid)	411.69	471.28	891.93	-785.41	768.48
Issuance of Common Stock	-	397.6	-	-	-
Repurchase of Common Stock	-200	-400	-	-	-
Common Dividends Paid	-480.15	-290.56	-37	-50.6	-37
Net Increase (Decrease) in Deposit Accounts	283.52	3,157	4,925	-865.73	575.74
Other Financing Activities	-213.14	-110.04	360.08	45.93	37.78
Financing Cash Flow	-198.08	3,226	6,140	-1,656	1,345
Foreign Exchange Rate Adjustments	-49.53	60.43	58.99	12.62	109.57
Net Cash Flow	-1,565	956.97	-1,352	-1,923	2,592
Free Cash Flow	3,143	2,248	-1,078	159.96	3,755
Free Cash Flow Growth	39.83%	-	-	-95.74%	10.25%
Free Cash Flow Margin	87.48%	66.91%	-31.03%	6.26%	187.39%
Free Cash Flow Per Share	0.21	0.15	-0.07	0.01	0.25
Cash Interest Paid	1,508	1,816	1,354	363.64	182.93
Cash Income Tax Paid	158.43	204.21	84.62	65.34	61.83

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