FRA:LLS1 Cash Flow Statement

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

Millions CHF. 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	167.92	167.11	164.57	147.54	129.91	103.52	Upgrade
Depreciation & Amortization	26.68	24.69	28.16	25.64	30.45	28.38	Upgrade
Other Amortization	11.82	11.82	10.85	10.43	9.11	13.87	Upgrade
Change in Other Net Operating Assets	-604.53	-507.69	-700.18	-218.68	594.62	821.5	Upgrade
Other Operating Activities	-21.55	-48.92	12.67	1.87	-0.11	2.35	Upgrade
Operating Cash Flow	-419.65	-353	-483.93	-33.19	763.97	969.63	Upgrade
Operating Cash Flow Growth	-	-	-	-	-21.21%	-	Upgrade
Capital Expenditures	-34.48	-35.49	-29.36	-12.78	-9.16	-10.01	Upgrade
Sale of Property, Plant and Equipment	7.74	8.23	1.51	1.92	-	15.59	Upgrade
Cash Acquisitions	238.94	-	-	-	-	-	Upgrade
Investment in Securities	296.68	-164.29	-37.57	-425.53	-267.13	-17.47	Upgrade
Purchase / Sale of Intangibles	-23.36	-20.52	-15.19	-24.65	-14.34	-11.97	Upgrade
Other Investing Activities	-0	-	-	0	-	0	Upgrade
Investing Cash Flow	485.52	-212.06	-80.61	-461.04	-290.63	-23.85	Upgrade
Long-Term Debt Issued	-	580.46	504.94	416.13	323.5	358.93	Upgrade
Long-Term Debt Repaid	-	-142.37	-128.74	-177.92	-172.14	-151.96	Upgrade
Net Debt Issued (Repaid)	577.18	438.09	376.2	238.22	151.36	206.97	Upgrade
Repurchase of Common Stock	-15.05	-14.75	-4.46	-20.45	-	-	Upgrade
Common Dividends Paid	-85.21	-82.57	-76.65	-70.43	-67.24	-67.12	Upgrade
Other Financing Activities	-0.19	-0.13	-0.28	-101.56	-2.31	-2.36	Upgrade
Financing Cash Flow	476.73	340.64	294.8	45.79	81.81	137.49	Upgrade
Foreign Exchange Rate Adjustments	-28.77	31.25	-102.79	-78.82	-74.34	-10.49	Upgrade
Net Cash Flow	513.82	-193.17	-372.53	-527.27	480.81	1,073	Upgrade
Free Cash Flow	-454.12	-388.49	-513.29	-45.97	754.81	959.62	Upgrade
Free Cash Flow Growth	-	-	-	-	-21.34%	-	Upgrade
Free Cash Flow Margin	-76.25%	-68.66%	-94.74%	-9.14%	158.44%	223.01%	Upgrade
Free Cash Flow Per Share	-14.84	-12.66	-16.67	-1.49	24.57	31.29	Upgrade
Cash Interest Paid	315.13	372.96	272.66	78.52	43.05	56.02	Upgrade
Cash Income Tax Paid	40.98	38.79	11	26.53	11.86	14.57	Upgrade

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