FRA:4IK 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	231.94	216.32	225.49	214.02	162.67
Depreciation & Amortization	36.82	42.16	36.21	40.18	69.46
Gain (Loss) on Sale of Assets	-	-0.05	0.04	-0.45	0.05
Gain (Loss) on Sale of Investments	-0.22	0.33	0.42	-0.03	7.21
Provision for Credit Losses	0.22	1.66	4.45	2.4	-3.13
Accrued Interest Receivable	15.28	-10.01	4.62	-54.02	13.3
Change in Other Net Operating Assets	-26.79	-6.11	1.9	-0.07	-13.8
Other Operating Activities	0.06	0.14	6.35	0.17	0.44
Operating Cash Flow	279.56	265.43	300.29	219.27	251.35
Operating Cash Flow Growth	5.32%	-11.61%	36.95%	-12.76%	33.59%
Capital Expenditures	-24.75	-21.05	-26.93	-26.88	-15.72
Investment in Securities	-99.85	-797.05	278.13	407.18	-1,795
Purchase / Sale of Intangibles	-	-0.48	-27.34	-	-
Net Decrease (Increase) in Loans Originated / Sold - Investing	226.96	236.98	457.3	-90.19	-99.01
Investing Cash Flow	102.36	-581.02	681.8	292.02	-1,906
Short-Term Debt Issued	-	97.33	-	-	-
Total Debt Issued	-	97.33	-	-	-
Short-Term Debt Repaid	-90.03	-	-	-	-
Long-Term Debt Repaid	-100	-	-75	-	-
Total Debt Repaid	-190.03	-	-75	-	-
Net Debt Issued (Repaid)	-190.03	97.33	-75	-	-
Repurchase of Common Stock	-146.69	-155.31	-88.59	-3.9	-19.75
Common Dividends Paid	-77.72	-79.58	-86.19	-87.34	-87.29
Total Dividends Paid	-77.72	-79.58	-86.19	-87.34	-87.29
Net Increase (Decrease) in Deposit Accounts	-331.2	873.12	-1,198	-415.57	642.82
Financing Cash Flow	-745.64	735.56	-1,448	-506.81	535.78
Foreign Exchange Rate Adjustments	51.86	-3.69	21.55	-91.44	7.54
Net Cash Flow	-311.86	416.28	-444.29	-86.95	-1,111
Free Cash Flow	254.81	244.38	273.36	192.4	235.63
Free Cash Flow Growth	4.27%	-10.60%	42.08%	-18.35%	40.60%
Free Cash Flow Margin	41.99%	42.14%	47.24%	35.03%	47.16%
Free Cash Flow Per Share	6.01	5.32	5.55	3.86	4.72
Cash Interest Paid	203.16	235.51	162.39	48.64	24.46
Cash Income Tax Paid	4.01	2.23	1.93	4.82	0.46

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