FRA:LLS1 Cash Flow Statement

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

Millions CHF. 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	166.39	167.11	164.57	147.54	129.91
Depreciation & Amortization	27.4	24.69	28.16	25.64	30.45
Other Amortization	13.13	11.82	10.85	10.43	9.11
Total Asset Writedown	-0.12	-0.16	-	-	-
Change in Other Net Operating Assets	-1,668	-507.69	-700.18	-218.68	594.62
Other Operating Activities	6.09	-48.77	12.67	1.87	-0.11
Operating Cash Flow	-1,455	-353	-483.93	-33.19	763.97
Operating Cash Flow Growth	-	-	-	-	-21.21%
Capital Expenditures	-25.51	-35.49	-29.36	-12.78	-9.16
Sale of Property, Plant and Equipment	6.83	8.23	1.51	1.92	-
Cash Acquisitions	238.94	-	-	-	-
Investment in Securities	390.81	-164.29	-37.57	-425.53	-267.13
Purchase / Sale of Intangibles	-19.33	-20.52	-15.19	-24.65	-14.34
Other Investing Activities	-0	-	-	0	-
Investing Cash Flow	591.73	-212.06	-80.61	-461.04	-290.63
Long-Term Debt Issued	773.76	580.46	504.94	416.13	323.5
Long-Term Debt Repaid	-192.48	-142.37	-128.74	-177.92	-172.14
Net Debt Issued (Repaid)	581.28	438.09	376.2	238.22	151.36
Repurchase of Common Stock	-9.62	-14.75	-4.46	-20.45	-
Common Dividends Paid	-85.21	-82.57	-76.65	-70.43	-67.24
Other Financing Activities	-0.2	-0.13	-0.28	-101.56	-2.31
Financing Cash Flow	486.25	340.64	294.8	45.79	81.81
Foreign Exchange Rate Adjustments	-23.98	31.25	-102.79	-78.82	-74.34
Net Cash Flow	-401.16	-193.17	-372.53	-527.27	480.81
Free Cash Flow	-1,481	-388.49	-513.29	-45.97	754.81
Free Cash Flow Growth	-	-	-	-	-21.34%
Free Cash Flow Margin	-242.08%	-68.66%	-94.74%	-9.14%	158.44%
Free Cash Flow Per Share	-48.45	-12.66	-16.67	-1.49	24.57
Cash Interest Paid	250.71	372.96	272.66	78.52	43.05
Cash Income Tax Paid	33.51	38.79	11	26.53	11.86

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