Valiant Holding AG Cash Flow Statement

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

Millions CHF. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	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	150.38	144.26	129.51	123.13	121.87
Depreciation & Amortization	19.84	23.8	22.36	22.83	21.13
Gain (Loss) on Sale of Investments	-1.76	-3.6	2.37	-0.28	-1.76
Total Asset Writedown	0	-	-	-	-
Provision for Credit Losses	14.66	21.2	-	-	0.17
Change in Trading Asset Securities	42.5	157.33	-207.43	-49.71	1.37
Accrued Interest Receivable	-6.46	-13.68	-3.42	-2.11	2.65
Change in Other Net Operating Assets	-343.25	-1,334	-1,971	-1,047	467.13
Other Operating Activities	-4.17	-7.52	8.21	22.55	14.36
Operating Cash Flow	-128.27	-1,012	-2,019	-930.1	626.92
Capital Expenditures	-10.3	-11.3	-10.3	-	-12.92
Sale of Property, Plant and Equipment	0.03	0.1	0.87	-	-
Investment in Securities	-1,190	200.44	-14.99	71.33	-865.43
Purchase / Sale of Intangibles	-1.87	-1.78	-1.48	-12.22	-2.18
Investing Cash Flow	-1,203	185.32	-20.98	56.37	-879.65
Long-Term Debt Issued	711.91	1,041	26.89	914.8	-
Long-Term Debt Repaid	-	-	-	-26.66	-133.05
Net Debt Issued (Repaid)	711.91	1,041	26.89	888.14	-133.05
Repurchase of Common Stock	-0.03	-0.01	-0.02	-0.01	-0.06
Common Dividends Paid	-86.86	-78.96	-78.96	-78.96	-78.96
Net Increase (Decrease) in Deposit Accounts	141.59	-449.63	386.03	1,137	1,861
Other Financing Activities	-2.26	-12.26	-3.92	-2.58	-6.97
Financing Cash Flow	764.35	500.19	330.01	1,944	1,642
Net Cash Flow	-567.24	-326.79	-1,201	1,070	1,389
Free Cash Flow	-138.57	-1,024	-2,029	-930.1	613.99
Free Cash Flow Margin	-25.12%	-187.54%	-452.53%	-215.99%	148.62%
Free Cash Flow Per Share	-8.77	-64.81	-128.49	-58.90	38.88

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