Banco BPM Cash Flow Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	1,920	1,264	685.05	569.07	20.88
Depreciation & Amortization	184.55	277.71	312.22	280.29	277.56
Other Amortization	107.65	-	-	-	-
Gain (Loss) on Sale of Investments	-229.2	-125.08	-15.94	-111.12	-223.41
Total Asset Writedown	0.68	-	8.13	-	25.1
Provision for Credit Losses	404.78	515.57	480.99	639.48	1,051
Change in Trading Asset Securities	-4,529	-6,489	-2,113	2,798	369.96
Change in Other Net Operating Assets	-3,906	2,002	-19,578	15,613	6,280
Other Operating Activities	1,158	8,448	4,545	-107.45	-354.91
Operating Cash Flow	-4,889	5,893	-15,676	19,681	7,446
Operating Cash Flow Growth	-	-	-	164.33%	-
Capital Expenditures	-113.59	-73.54	-122.29	-92.32	-66.36
Sale of Property, Plant and Equipment	1.55	5.52	1.84	17.72	9.74
Investment in Securities	228	40.64	74.3	0.31	-68.24
Purchase / Sale of Intangibles	-142.85	-115.46	-204.29	-106.2	-86.49
Investing Cash Flow	-26.88	-142.84	-250.44	-180.49	-211.36
Issuance of Common Stock	37.95	-	208.02	332.4	358.81
Repurchase of Common Stock	-50.04	-30.09	-16.02	-	-4.08
Common Dividends Paid	-1,449	-349.52	-288.34	-	-
Financing Cash Flow	-1,461	-379.61	-96.34	241.85	354.73
Net Cash Flow	-6,377	5,371	-16,023	19,743	7,589
Free Cash Flow	-5,003	5,820	-15,798	19,589	7,379
Free Cash Flow Growth	-	-	-	165.46%	-
Free Cash Flow Margin	-91.73%	126.92%	-419.63%	594.15%	285.27%
Free Cash Flow Per Share	-3.32	3.86	-10.47	12.97	4.89

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