Íslandsbanki Cash Flow Statement

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

Millions ISK. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	24,246	24,585	24,535	23,732
Depreciation & Amortization	915	886	858	828
Other Amortization	717	734	542	550
Gain (Loss) on Sale of Assets	-24	-219	-19	-18
Gain (Loss) on Sale of Investments	-1,223	175	146	295
Total Asset Writedown	-1,090	2,322	-5,115	-2,354
Provision for Credit Losses	645	1,015	-1,501	-2,964
Change in Other Net Operating Assets	-47,599	-52,766	-99,625	-79,388
Other Operating Activities	-18,303	-14,237	-1,507	7,163
Net Cash from Discontinued Operations	-87	-35	-149	-1,221
Operating Cash Flow	-42,491	-37,747	-82,033	-53,510
Capital Expenditures	-426	-311	-273	-206
Sale of Property, Plant and Equipment	101	374	35	29
Cash Acquisitions	-	-	-1,103	2,727
Income (Loss) Equity Investments	-688	-207	-198	-133
Purchase / Sale of Intangibles	-501	-385	-470	-442
Investing Cash Flow	-922	-322	-1,811	2,108
Long-Term Debt Issued	103,756	117,497	191,503	86,048
Long-Term Debt Repaid	-151,318	-181,341	-129,920	-55,757
Net Debt Issued (Repaid)	-47,562	-63,844	61,583	30,291
Repurchase of Common Stock	-9,053	-2,310	-	-
Common Dividends Paid	-12,303	-12,254	-11,900	-3,400
Net Increase (Decrease) in Deposit Accounts	74,535	63,965	42,594	40,610
Other Financing Activities	-	-	-	-1,130
Financing Cash Flow	5,617	-14,443	92,277	66,371
Foreign Exchange Rate Adjustments	-92	-51	5	-40
Net Cash Flow	-37,888	-52,563	8,438	14,929
Free Cash Flow	-42,917	-38,058	-82,306	-53,716
Free Cash Flow Margin	-68.92%	-61.12%	-139.95%	-100.99%
Free Cash Flow Per Share	-22.19	-19.11	-41.15	-26.86
Cash Interest Paid	94,687	76,073	42,172	18,691
Cash Income Tax Paid	9,414	7,165	3,582	3,794

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