FRA:FH21 Cash Flow Statement

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

Millions HUF. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Jun '25 Jun 30, 2025	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	2015 - 2019
Net Income	8,999	6,597	6,663	1,811	2,745	2,373	Upgrade
Depreciation & Amortization	115	108	88	36	28	33	Upgrade
Other Amortization	-	-	-	31	22	25	Upgrade
Gain (Loss) on Sale of Assets	-	-	-	5	-7	3	Upgrade
Gain (Loss) on Sale of Investments	-59	-47	231	1,354	1,719	856	Upgrade
Total Asset Writedown	16	52	-	522	-	-	Upgrade
Provision for Credit Losses	-521	-15	-1,043	-	153	124	Upgrade
Change in Trading Asset Securities	563	-605	4,031	8,360	10,251	1,800	Upgrade
Change in Other Net Operating Assets	6,000	-106,580	-195,837	-154,497	-65,849	-213,584	Upgrade
Other Operating Activities	9,435	12,167	-4,121	-11	-450	-450	Upgrade
Operating Cash Flow	24,548	-88,323	-189,988	-142,389	-51,388	-208,820	Upgrade
Capital Expenditures	-6	-40	-53	-55	-14	-2	Upgrade
Sale of Property, Plant and Equipment	6	1	23	46	23	-	Upgrade
Investment in Securities	45,485	93,610	991	-	-	-	Upgrade
Purchase / Sale of Intangibles	-	-	-	-67	-17	-	Upgrade
Other Investing Activities	-	-	-	-	-	-3	Upgrade
Investing Cash Flow	45,485	93,571	961	-76	-8	-5	Upgrade
Long-Term Debt Issued	-	140,000	210,000	142,605	50,142	209,279	Upgrade
Long-Term Debt Repaid	-	-210,050	-17,421	-27	-16	-25	Upgrade
Net Debt Issued (Repaid)	-178,801	-70,050	192,579	142,578	50,126	209,254	Upgrade
Issuance of Common Stock	139,518	130,306	70,967	-	-	-	Upgrade
Repurchase of Common Stock	-33,431	-83,584	-55,556	-	-	-	Upgrade
Financing Cash Flow	-72,714	-23,328	207,990	142,578	50,126	209,254	Upgrade
Foreign Exchange Rate Adjustments	-48	24	-	-	-	-	Upgrade
Net Cash Flow	-2,729	-18,056	18,963	113	-1,270	429	Upgrade
Free Cash Flow	24,542	-88,363	-190,041	-142,444	-51,402	-208,822	Upgrade
Free Cash Flow Margin	186.39%	-854.66%	-1776.75%	-2496.83%	-1090.41%	-4580.43%	Upgrade
Free Cash Flow Per Share	226.61	-816.39	-1755.79	-1316.04	-474.90	-1929.31	Upgrade
Cash Interest Paid	42,331	45,273	55,831	-	10,456	8,237	Upgrade
Cash Income Tax Paid	847	670	432	-	-	-	Upgrade

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