KBC Group NV Cash Flow Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	3,681	3,415	3,402	2,818	2,614	1,440
Depreciation & Amortization	240	229	239	237	242	253
Other Amortization	187	187	177	168	147	103
Gain (Loss) on Sale of Investments	5	-22	-435	6	-20	428
Total Asset Writedown	294	513	622	1,371	751	108
Provision for Credit Losses	224	224	5	177	-312	1,067
Change in Trading Asset Securities	-7,216	-10,337	-2,607	3,121	1,292	-128
Change in Other Net Operating Assets	6,582	15,745	-21,830	3,321	8,779	23,024
Other Operating Activities	-410	-306	-73	-126	545	63
Operating Cash Flow	4,508	9,848	-20,194	10,791	14,043	26,369
Operating Cash Flow Growth	-	-	-	-23.16%	-46.74%	-
Capital Expenditures	-992	-995	-988	-575	-603	-638
Sale of Property, Plant and Equipment	341	341	290	246	292	294
Cash Acquisitions	-	-	-4	-94	-71	107
Investment in Securities	-2,741	1,074	-3,482	-3,263	1,503	-6,674
Income (Loss) Equity Investments	4	-80	4	10	5	11
Divestitures	40	-	6,480	111	-	-
Purchase / Sale of Intangibles	-381	-373	-367	-342	-307	-315
Other Investing Activities	-1	-	1	1	-	-1
Investing Cash Flow	-3,731	-86	1,982	-3,986	822	-7,253
Long-Term Debt Issued	-	1,511	6,477	1,033	1,020	617
Long-Term Debt Repaid	-	-	-	-795	-	-136
Net Debt Issued (Repaid)	-389	1,511	6,477	238	1,020	481
Issuance of Common Stock	1,013	17	754	15	15	19
Repurchase of Common Stock	-2	-1,191	-497	-	-	-
Common Dividends Paid	-1,738	-2,026	-1,713	-3,635	-1,483	-50
Total Dividends Paid	-1,738	-2,026	-1,713	-3,635	-1,483	-50
Other Financing Activities	-1	-	-	-	-	1
Financing Cash Flow	-1,117	-1,689	5,021	-3,382	-448	451
Foreign Exchange Rate Adjustments	772	-626	-330	503	1,343	-891
Net Cash Flow	430	7,446	-13,520	3,927	15,760	18,675
Free Cash Flow	3,516	8,853	-21,182	10,216	13,440	25,731
Free Cash Flow Growth	-	-	-	-23.99%	-47.77%	-
Free Cash Flow Margin	30.36%	80.92%	-188.47%	104.97%	170.02%	420.30%
Free Cash Flow Per Share	8.86	22.13	-51.04	24.50	32.23	61.85
Cash Interest Paid	11,887	14,172	14,697	6,063	1,869	1,797
Cash Income Tax Paid	756	699	532	525	485	560

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