Grupo Financiero Galicia Cash Flow Statement

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

Millions ARS. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 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
Net Income	756,267	1,763,971	797,156	357,609	64,143	38,758
Depreciation & Amortization	260,521	204,183	199,255	205,243	28,240	12,504
Provision for Credit Losses	2,137,977	936,734	450,820	386,067	42,426	47,224
Change in Trading Asset Securities	-62,459	-206,070	-880,982	242,232	-27,061	-23,337
Change in Other Net Operating Assets	-6,670,360	-9,195,294	218,841	-1,101,256	-428,096	-105,401
Other Operating Activities	2,168,822	3,562,851	5,432,398	3,238,529	38,428	96,435
Operating Cash Flow	-1,409,232	-2,933,624	6,217,487	3,328,425	-281,921	66,183
Operating Cash Flow Growth	-	-	86.80%	-	-	-60.70%
Capital Expenditures	-229,968	-233,102	-174,998	-136,427	-20,542	-10,753
Sale of Property, Plant and Equipment	14,021	7,311	11,385	4,476	1,267	399.4
Cash Acquisitions	1,160,204	1,160,204	-32,320	-5,724	-407.37	-
Investment in Securities	-	-	-	-	-	-154.4
Divestitures	-	-	-	-	88.01	-
Other Investing Activities	2,750	4,903	2,400	-	2,025	270.64
Investing Cash Flow	947,007	939,317	-193,533	-137,675	-17,571	-10,237
Long-Term Debt Issued	-	2,276,056	1,061,072	1,048,894	91,349	47,184
Long-Term Debt Repaid	-	-1,158,394	-1,180,439	-693,848	-71,179	-97,100
Net Debt Issued (Repaid)	1,634,853	1,117,662	-119,366	355,046	20,170	-49,916
Issuance of Common Stock	116,866	-	-	-	-	-
Common Dividends Paid	-118,142	-667,639	-423,851	-156,546	-3,752	-2,857
Net Increase (Decrease) in Deposit Accounts	926,862	6,736,564	-2,275,587	913,700	833,823	211,788
Other Financing Activities	-1,063	-1,063	-	-	-	-217.12
Financing Cash Flow	2,559,375	7,185,524	-2,818,805	1,112,201	850,242	158,799
Foreign Exchange Rate Adjustments	1,268,441	1,336,816	2,444,702	1,323,715	86,483	49,518
Net Cash Flow	655,073	316,304	-2,043,226	561,330	136,507	95,420
Free Cash Flow	-1,639,200	-3,166,726	6,042,490	3,191,997	-302,463	55,430
Free Cash Flow Growth	-	-	89.30%	-	-	-64.82%
Free Cash Flow Margin	-32.94%	-42.24%	77.14%	63.71%	-53.74%	19.81%
Free Cash Flow Per Share	-1037.69	-2135.22	4097.46	2164.52	-205.10	38.42
Cash Income Tax Paid	425,124	988,195	310,061	223,769	28,573	42,289

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