Arion banki Cash Flow Statement

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

Millions ISK. 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	30,626	26,111	25,755	25,945	28,605
Depreciation & Amortization	704	754	707	683	759
Other Amortization	947	925	1,142	1,036	1,171
Change in Other Net Operating Assets	-34,120	-52,572	-72,382	34,701	-44,916
Other Operating Activities	-29,165	-20,501	3,036	-4,973	-11,790
Operating Cash Flow	-31,008	-45,283	-41,742	57,392	-26,171
Capital Expenditures	-463	-325	-457	-357	-581
Sale of Property, Plant and Equipment	23	27	22	1,085	1,045
Investment in Securities	19	-1	-72	-90	245
Divestitures	4,949	-	-	16,841	-
Purchase / Sale of Intangibles	-852	-622	-470	-416	-1,005
Other Investing Activities	8	-	-	-	-
Investing Cash Flow	3,940	-1,154	-977	17,063	-296
Long-Term Debt Issued	10,040	19,735	-	12,100	-
Long-Term Debt Repaid	-8,769	-17,246	-6,586	-	-
Net Debt Issued (Repaid)	1,271	2,489	-6,586	12,100	-
Issuance of Common Stock	602	6,482	278	315	-
Repurchase of Common Stock	-5,953	-12,452	-3,259	-9,851	-28,647
Common Dividends Paid	-16,114	-13,058	-12,357	-22,489	-2,857
Net Increase (Decrease) in Deposit Accounts	67,529	68,876	30,375	-	90,642
Other Financing Activities	-	-	-128	-	828
Financing Cash Flow	47,335	52,337	8,323	-19,925	59,966
Foreign Exchange Rate Adjustments	972	-3,584	-742	4,923	-1,105
Net Cash Flow	21,238	2,317	-35,138	59,453	32,394
Free Cash Flow	-31,471	-45,608	-42,199	57,035	-26,752
Free Cash Flow Margin	-44.67%	-69.27%	-68.78%	102.95%	-43.96%
Free Cash Flow Per Share	-22.07	-31.61	-27.67	36.19	-15.83
Cash Interest Paid	79,776	74,623	52,369	33,006	15,883
Cash Income Tax Paid	10,535	8,990	8,633	6,741	3,942

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.