Shinhan Financial Group Cash Flow Statement

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

Millions KRW. 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	-	4,450,177	4,368,035	4,665,643	4,019,254
Depreciation & Amortization	-	1,004,745	962,069	821,917	902,692
Other Amortization	-	275,637	222,937	177,765	-
Gain (Loss) on Sale of Investments	-	-653,031	-1,353,410	1,142,306	-662,345
Provision for Credit Losses	-	1,903,923	2,151,598	1,263,457	974,685
Change in Trading Asset Securities	-	214,353	-8,101,264	7,001,764	-2,929,031
Change in Other Net Operating Assets	-	-44,397,633	659,607	-27,878,863	-37,313,595
Other Operating Activities	-	2,930,783	3,125,365	1,806,976	2,418,066
Operating Cash Flow	-	-34,247,224	1,909,849	-11,120,732	-32,748,874
Capital Expenditures	-	-263,836	-261,444	-326,546	-343,166
Sale of Property, Plant and Equipment	-	6,652	19,822	718,348	68,136
Cash Acquisitions	-	-	-	-27,840	-
Investment in Securities	-	1,065,421	-3,722,088	-10,356,965	-11,003,560
Income (Loss) Equity Investments	-	23,822	-125,088	-121,697	-158,600
Purchase / Sale of Intangibles	-	-506,836	-429,765	-593,541	-539,473
Other Investing Activities	-	-154,947	-39,638	-361,953	-212,447
Investing Cash Flow	-	148,533	-4,271,713	-10,695,927	-12,030,510
Long-Term Debt Issued	-	54,660,582	55,827,114	45,667,237	30,564,891
Long-Term Debt Repaid	-	-53,586,428	-44,070,500	-42,037,853	-24,418,525
Net Debt Issued (Repaid)	-	1,074,154	11,756,614	3,629,384	6,146,366
Issuance of Common Stock	-	798,163	897,646	997,120	23,588
Repurchase of Common Stock	-	-900,102	-1,681,578	-435,060	-79
Common Dividends Paid	-	-1,267,146	-1,461,371	-1,540,871	-1,218,761
Total Dividends Paid	-	-1,267,146	-1,461,371	-1,540,871	-1,218,761
Net Increase (Decrease) in Deposit Accounts	-	38,873,523	-1,380,003	18,309,172	36,948,828
Other Financing Activities	-	112,281	248,855	744,142	10,631
Financing Cash Flow	-	38,690,873	8,380,163	21,703,887	41,910,573
Foreign Exchange Rate Adjustments	-	238,477	-15,361	-58,955	112,854
Net Cash Flow	-	4,830,659	6,002,938	-171,727	-2,755,957
Free Cash Flow	-	-34,511,060	1,648,405	-11,447,278	-33,092,040
Free Cash Flow Margin	-	-236.17%	11.59%	-86.39%	-138.88%
Free Cash Flow Per Share	-	-68172.47	3174.85	-21572.64	-61964.32
Cash Interest Paid	-	15,218,677	13,058,769	6,770,156	4,114,027
Cash Income Tax Paid	-	1,030,947	1,931,943	1,693,408	1,149,965

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