Ecobank Ghana Cash Flow Statement

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

Millions GHS. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Sep '25 Sep 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	2,143	1,700	632.6	-15.32	581.88	549.89	Upgrade
Depreciation & Amortization	95.99	84.85	65.59	51.32	42.59	40.7	Upgrade
Other Amortization	4.86	4.86	17.59	23.26	23.06	9.5	Upgrade
Gain (Loss) on Sale of Assets	-133.89	-133.87	-0.59	-0.7	-0.37	-1.01	Upgrade
Gain (Loss) on Sale of Investments	338.07	443.05	1,210	1,657	12.08	-0.37	Upgrade
Total Asset Writedown	-	-	-	8.38	-	-	Upgrade
Provision for Credit Losses	581.1	581.1	601.86	58.3	261.45	216.11	Upgrade
Change in Trading Asset Securities	-1,455	-222.92	903.66	-	-	-	Upgrade
Change in Other Net Operating Assets	-5,046	-1,780	-862.59	-4,851	-1,192	492.95	Upgrade
Other Operating Activities	-563.06	-3,996	2,430	-791.8	-57.26	-74.9	Upgrade
Operating Cash Flow	-4,034	-3,319	4,998	-3,860	-328.33	1,233	Upgrade
Capital Expenditures	-71.74	-44.1	-48.78	-35.73	-17.31	-27.18	Upgrade
Sale of Property, Plant and Equipment	49.74	12.65	3.17	0.7	0.37	1.01	Upgrade
Investment in Securities	2,238	186.97	-4,539	-1,881	-2,465	-1,787	Upgrade
Purchase / Sale of Intangibles	-10.67	-5.33	-3.03	-2.75	-0.02	-26.67	Upgrade
Investing Cash Flow	2,205	150.19	-4,588	-1,919	-2,482	-1,840	Upgrade
Long-Term Debt Issued	-	289.57	149	-	-	-	Upgrade
Long-Term Debt Repaid	-	-77.95	-85.41	-54.61	-46.13	-39.01	Upgrade
Net Debt Issued (Repaid)	691.6	211.62	63.59	-54.61	-46.13	-39.01	Upgrade
Common Dividends Paid	-109.67	-	-	-199.98	-177.4	-96.77	Upgrade
Net Increase (Decrease) in Deposit Accounts	4,568	9,655	6,430	7,740	1,647	1,956	Upgrade
Financing Cash Flow	5,150	9,866	6,494	7,485	1,423	1,820	Upgrade
Foreign Exchange Rate Adjustments	-439.07	2,801	703.86	290.47	10.73	94.93	Upgrade
Net Cash Flow	2,881	9,498	7,608	1,996	-1,377	1,308	Upgrade
Free Cash Flow	-4,106	-3,363	4,949	-3,896	-345.64	1,206	Upgrade
Free Cash Flow Margin	-85.62%	-77.67%	141.24%	-308.49%	-18.81%	72.28%	Upgrade
Free Cash Flow Per Share	-	-10.43	15.35	-12.08	-1.07	3.74	Upgrade
Cash Interest Paid	1,621	1,272	672.8	-	-	-	Upgrade
Cash Income Tax Paid	835.54	696.9	677.81	507.71	373.69	223.79	Upgrade

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.