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

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