FRA:SBG1 Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	120.99	104.03	106.51	124.4
Depreciation & Amortization	60.88	57.11	10.63	-3.85
Gain (Loss) on Sale of Assets	0.43	2.29	-0.36	0.18
Gain (Loss) on Sale of Investments	5.05	1.99	0.58	6.58
Provision for Credit Losses	16.26	37.52	26.18	-9.42
Net Decrease (Increase) in Loans Originated / Sold - Operating	4.13	3.41	34.7	52.98
Change in Other Net Operating Assets	-3.95	-17.72	22.55	-13.55
Other Operating Activities	9.55	9.44	-10.4	3.84
Operating Cash Flow	179.9	150.61	195.86	154.57
Operating Cash Flow Growth	19.45%	-23.10%	26.71%	154.85%
Capital Expenditures	-4.03	-10.29	-12.65	-4.33
Cash Acquisitions	-	141.67	281.75	98.1
Investment in Securities	-342.25	299.49	-13.56	-757.38
Net Decrease (Increase) in Loans Originated / Sold - Investing	-253.91	110.67	-624.64	307.08
Other Investing Activities	-9.53	-14.67	-11.14	-55.99
Investing Cash Flow	-606.88	527.45	-364.88	-412.51
Short-Term Debt Issued	-	202.54	50.46	1.96
Long-Term Debt Issued	355	110	75	-
Total Debt Issued	355	312.54	125.46	1.96
Short-Term Debt Repaid	-142.5	-280	-62.5	-
Long-Term Debt Repaid	-160	-75	-7.5	-33
Total Debt Repaid	-302.5	-355	-70	-33
Net Debt Issued (Repaid)	52.5	-42.46	55.46	-31.04
Issuance of Common Stock	0.95	5.1	3.41	5.02
Repurchase of Common Stock	-0.88	-10.87	-	-
Common Dividends Paid	-61.65	-60.59	-41.24	-22.51
Net Increase (Decrease) in Deposit Accounts	465.49	-324	-384.4	640.11
Financing Cash Flow	456.41	-432.82	-366.77	591.58
Net Cash Flow	29.43	245.24	-535.79	333.64
Free Cash Flow	175.87	140.32	183.21	150.25
Free Cash Flow Growth	25.33%	-23.41%	21.94%	154.37%
Free Cash Flow Margin	35.23%	26.59%	45.12%	42.18%
Free Cash Flow Per Share	2.07	1.66	2.85	2.63
Cash Interest Paid	287.27	191.23	13.74	9.98
Cash Income Tax Paid	18.5	-5.92	29.59	30.89

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