Republic Bank (Ghana) Cash Flow Statement

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

Millions GHS. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	265.08	276.9	201.87	140.03	-63.68	88.24
Depreciation & Amortization	56.39	52.92	39.92	31.13	24.26	20.27
Other Amortization	5.66	5.66	3.64	3.67	2.67	2.59
Gain (Loss) on Sale of Assets	-1.2	-1.2	-1.14	-0.08	-0.73	-2.29
Gain (Loss) on Sale of Investments	-27.86	-25.42	-5.33	45.95	165.29	-3.19
Total Asset Writedown	-	-	-	-	0.97	0.19
Provision for Credit Losses	23	22.5	31.61	23.2	71.63	19.55
Change in Trading Asset Securities	-	-	-	11.19	6.48	-14.48
Change in Other Net Operating Assets	-4,498	-2,656	-152.84	-486.57	-211.22	-212.86
Other Operating Activities	319.4	283.57	10.22	-142.15	-143.88	-74.93
Operating Cash Flow	-3,865	-2,041	127.95	-373.65	-148.21	-176.91
Capital Expenditures	-61.5	-71.07	-55.84	-101.09	-56.08	-38.27
Sale of Property, Plant and Equipment	1.63	1.63	2.13	0.21	1.13	8.31
Investment in Securities	2,906	1,401	-490.86	-75.28	62.2	-251.98
Purchase / Sale of Intangibles	-9.65	-8.63	-4.62	-6.58	-0.64	-5.14
Other Investing Activities	-45.14	-45.14	-	-	-	0.33
Investing Cash Flow	2,791	1,278	-549.19	-182.74	6.61	-286.75
Long-Term Debt Issued	-	3,116	1,686	-	-	96.94
Long-Term Debt Repaid	-	-2,805	-3.97	-122.68	-101.8	-84.69
Net Debt Issued (Repaid)	148.01	310.98	1,682	-122.68	-101.8	12.25
Net Increase (Decrease) in Deposit Accounts	3,903	2,236	264.05	1,730	897.11	436.78
Other Financing Activities	-202.64	-265.48	-169.44	-7.71	-0.37	-
Financing Cash Flow	3,848	2,282	1,776	1,599	794.94	449.03
Foreign Exchange Rate Adjustments	48.73	43.81	130.01	182.54	160.53	54.04
Net Cash Flow	2,824	1,562	1,485	1,226	813.88	39.41
Free Cash Flow	-3,926	-2,112	72.11	-474.74	-204.3	-215.17
Free Cash Flow Margin	-386.82%	-205.36%	8.61%	-69.51%	-66.01%	-53.06%
Free Cash Flow Per Share	-	-2.48	0.09	-0.56	-0.24	-0.25
Cash Interest Paid	354.15	490.63	557.76	375.78	229.18	180.46
Cash Income Tax Paid	103.89	103.54	89.05	69	55.38	25.07

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