Bank Millennium Cash Flow Statement

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

Millions PLN. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	719.21	575.72	-1,015	-1,357
Depreciation & Amortization	191.7	181.43	176.37	166.46
Other Amortization	34.49	30.09	32.56	27.04
Gain (Loss) on Sale of Assets	-21.69	-659.93	-1.49	-8.81
Change in Trading Asset Securities	-265.14	142.27	-306.54	-206.91
Change in Income Taxes	-501.62	549.44	54.24	94.58
Change in Other Net Operating Assets	-7,326	-3,903	-941.24	-9,149
Other Operating Activities	7,093	5,571	3,688	3,045
Operating Cash Flow	-76.12	2,487	1,687	-7,389
Operating Cash Flow Growth	-	47.40%	-	-
Capital Expenditures	-249.12	-187.89	-157.01	-92.4
Sale of Property, Plant and Equipment	35.07	27.72	15.71	9.93
Cash Acquisitions	-	-	-	-0.01
Investment in Securities	-18,969	-12,031	1,356	-448.99
Other Investing Activities	3.63	3.43	3.8	52.4
Investing Cash Flow	-19,180	-12,188	1,219	-479.08
Long-Term Debt Issued	2,932	2,316	-	-
Long-Term Debt Repaid	-	-105	-265.99	-260
Net Debt Issued (Repaid)	2,932	2,211	-265.99	-260
Net Increase (Decrease) in Deposit Accounts	12,488	11,909	8,308	9,954
Other Financing Activities	-498.31	-150.93	-89.04	-39.35
Financing Cash Flow	14,921	13,969	7,953	9,654
Net Cash Flow	-4,335	4,268	10,859	1,786
Free Cash Flow	-325.23	2,299	1,530	-7,482
Free Cash Flow Growth	-	50.24%	-	-
Free Cash Flow Margin	-5.22%	34.09%	39.45%	-222.78%
Free Cash Flow Per Share	-0.27	1.90	1.26	-6.17
Cash Interest Paid	2,761	2,775	1,310	122.31
Cash Income Tax Paid	256.4	207.09	235.49	218.47

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