Van Lanschot Kempen NV Cash Flow Statement

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

Millions EUR. 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	216.04	193.51	164.17	118.98	178.45
Depreciation & Amortization	36.65	33.16	31.8	30.99	28.51
Other Amortization	1.09	1.11	0.66	0.65	1
Gain (Loss) on Sale of Investments	-51.32	-67.09	34.24	109.12	-113.38
Total Asset Writedown	-	0	-	1.19	0.3
Provision for Credit Losses	-3.54	-2.08	1.76	-6.83	-12.06
Change in Trading Asset Securities	3.22	5.78	4.61	11.76	30.83
Change in Income Taxes	-50.3	-46.6	-45.48	-42.86	-16.77
Change in Other Net Operating Assets	491.45	-15.79	81.26	60.49	1,219
Other Operating Activities	12.18	-1.88	44.56	-41.04	42.79
Operating Cash Flow	655.18	99.02	290.25	230.72	1,359
Operating Cash Flow Growth	561.64%	-65.88%	25.80%	-83.02%	15.74%
Capital Expenditures	-72.63	-26.76	-17.37	-11.26	-10.37
Sale of Property, Plant and Equipment	3.83	2.54	4.4	1.65	5.06
Cash Acquisitions	-10.14	-8.25	-20	-	-76.67
Investment in Securities	-297.43	-781.3	-335.47	-618.46	651.19
Income (Loss) Equity Investments	-6.92	-6.33	-32.21	-16	-28.37
Divestitures	-	-	-	-	2.97
Purchase / Sale of Intangibles	-	-	-1.6	-	-104.8
Other Investing Activities	1.09	3.09	4.47	3.1	6.84
Investing Cash Flow	-375.28	-810.69	-365.56	-624.97	474.21
Long-Term Debt Issued	-	-	691.56	500	-
Long-Term Debt Repaid	-15.03	-30.18	-623.47	-511.96	-28.63
Net Debt Issued (Repaid)	-15.03	-30.18	68.09	-11.96	-28.63
Issuance of Common Stock	6.85	12.89	6.51	8	-
Repurchase of Common Stock	-10	-22.66	-9.63	-14.17	-7.99
Common Dividends Paid	-185.2	-94.07	-81.07	-88.18	-94.56
Other Financing Activities	30.91	-21.87	-44.13	-20.43	-204.36
Financing Cash Flow	-172.47	-155.89	-145.19	-187.81	-335.54
Net Cash Flow	107.43	-867.56	-220.51	-582.05	1,498
Free Cash Flow	582.55	72.26	272.88	219.46	1,349
Free Cash Flow Growth	706.17%	-73.52%	24.34%	-83.73%	16.05%
Free Cash Flow Margin	76.33%	9.95%	40.89%	37.02%	218.76%
Free Cash Flow Per Share	13.62	1.70	6.41	5.16	32.88
Cash Interest Paid	460.6	489.19	286.24	81.44	94.12
Cash Income Tax Paid	50.3	46.6	45.48	42.86	16.77

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