FRA:4FB Cash Flow Statement

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

Millions USD. 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	-	226	257.5	202.2	192.1
Depreciation & Amortization	-	57	53.8	55.5	44.4
Gain (Loss) on Sale of Assets	-	-2.9	0.7	-2	-2.1
Gain (Loss) on Sale of Investments	-	1.1	25.9	41.4	37.7
Total Asset Writedown	-	3.9	1	-1.3	-6.9
Provision for Credit Losses	-	67.8	32.2	82.7	-14.6
Net Decrease (Increase) in Loans Originated / Sold - Operating	-	0.7	8	32.1	66.5
Accrued Interest Receivable	-	12.3	-10.8	-37.8	3.7
Change in Accounts Payable	-	0.9	-71.1	183.1	-1.7
Change in Other Net Operating Assets	-	-23.2	80.5	-12.9	-16.4
Other Operating Activities	-	6.6	10.7	-17.2	-1.1
Operating Cash Flow	-	355	428	534.4	282.3
Operating Cash Flow Growth	-	-17.06%	-19.91%	89.30%	5.22%
Capital Expenditures	-	-23	-28.2	-10.5	-10.3
Cash Acquisitions	-	-	-	2,007	-
Investment in Securities	-	1,347	1,483	-1,871	-2,580
Purchase / Sale of Intangibles	-	-	-	1.4	-
Net Decrease (Increase) in Loans Originated / Sold - Investing	-	372.3	-185.8	-951.4	467.8
Other Investing Activities	-	49.9	-19.4	-127.9	1
Investing Cash Flow	-	1,759	1,253	-949	-2,120
Short-Term Debt Issued	-	-	-	28.9	-
Long-Term Debt Issued	-	253.9	276	2,341	-
Total Debt Issued	-	253.9	276	2,370	-
Short-Term Debt Repaid	-	-258.8	-270.2	-	-40.3
Long-Term Debt Repaid	-	-1,286	-0.1	-164.1	-
Total Debt Repaid	-	-1,545	-270.3	-164.1	-40.3
Net Debt Issued (Repaid)	-	-1,291	5.7	2,206	-40.3
Issuance of Common Stock	-	-	-	0.1	0.4
Repurchase of Common Stock	-	-1.2	-34	-199	-5.4
Common Dividends Paid	-	-195.9	-195.1	-182.1	-101.6
Net Increase (Decrease) in Deposit Accounts	-	-307.5	-1,751	-2,884	2,053
Other Financing Activities	-	-	-	-0.8	-
Financing Cash Flow	-	-1,795	-1,974	-1,060	1,906
Net Cash Flow	-	318.6	-292.5	-1,474	68
Free Cash Flow	-	332	399.8	523.9	272
Free Cash Flow Growth	-	-16.96%	-23.69%	92.61%	14.24%
Free Cash Flow Margin	-	35.63%	40.24%	51.38%	42.08%
Free Cash Flow Per Share	-	3.22	3.85	5.07	4.41
Cash Interest Paid	-	475.7	363.6	32	19.3
Cash Income Tax Paid	-	34.3	51.2	57.8	56.8

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