Kvika 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	6,264	8,150	4,019	4,883	10,734
Depreciation & Amortization	775	630	408.87	684.14	1,474
Other Amortization	573	476	700.62	506.37	493.28
Gain (Loss) on Sale of Assets	-1,901	-3,488	445.03	329.02	-
Total Asset Writedown	6	4	-0.51	0.41	-72.37
Provision for Credit Losses	511	599	1,025	525.55	-124.09
Change in Trading Asset Securities	21,206	1,056	-21,551	-17,653	-4,437
Change in Other Net Operating Assets	-60,622	-11,777	-20,453	-23,705	612.68
Other Operating Activities	1,108	26	-56.79	887.57	-404.77
Operating Cash Flow	-32,117	-4,365	-35,499	-33,569	8,303
Capital Expenditures	-	-91	-342.66	-607.54	-160.55
Sale of Property, Plant and Equipment	72	-	-	-	-
Cash Acquisitions	-	-	-20.94	-318.99	3,741
Income (Loss) Equity Investments	-37	-41	-35.76	-26.73	27.57
Divestitures	31,825	1,238	-	-	-
Purchase / Sale of Intangibles	-329	-608	-1,540	-835.25	-458.27
Net Decrease (Increase) in Loans Originated / Sold - Investing	-	-	-	-	19.92
Other Investing Activities	37	19	27.49	6.09	3.75
Investing Cash Flow	31,605	558	-1,876	-1,756	3,146
Long-Term Debt Issued	36,126	-	12,822	5,551	223.11
Total Debt Issued	36,126	-	12,822	5,551	223.11
Short-Term Debt Repaid	-	-	-	-	-5,291
Long-Term Debt Repaid	-5,695	-11,372	-4,616	-1,954	-14,159
Total Debt Repaid	-5,695	-11,372	-4,616	-1,954	-19,450
Net Debt Issued (Repaid)	30,431	-11,372	8,206	3,597	-19,227
Issuance of Common Stock	-	26	-	1,225	1,994
Repurchase of Common Stock	-3,875	-1,000	-1,000	-3,004	-2,858
Common Dividends Paid	-23,135	-	-1,912	-	-
Net Increase (Decrease) in Deposit Accounts	9,019	20,413	19,685	31,716	18,479
Financing Cash Flow	12,440	8,067	24,978	33,534	-1,612
Foreign Exchange Rate Adjustments	556	-539	403.55	-185.22	-135.69
Net Cash Flow	14,556	1,648	-11,994	-1,975	9,701
Free Cash Flow	-32,117	-4,456	-35,842	-34,176	8,142
Free Cash Flow Margin	-170.30%	-26.94%	-259.93%	-246.14%	36.74%
Free Cash Flow Per Share	-7.14	-0.95	-7.53	-7.14	1.94
Cash Interest Paid	17,414	18,851	13,562	6,625	1,905
Cash Income Tax Paid	452	614	494.46	212.48	-

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