Credito Emiliano Cash Flow Statement

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

Millions EUR. 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	621.47	620.05	562.12	326.12	352.43
Depreciation & Amortization	111.18	51.07	109.4	101.96	4.02
Other Amortization	-	60.94	-	-	-
Gain (Loss) on Sale of Investments	-43.33	31.13	282.56	224.55	3.3
Total Asset Writedown	-	-0.18	-	-	93.21
Provision for Credit Losses	84.64	85.24	95.75	84.73	58.49
Change in Trading Asset Securities	-165.14	-398.79	490.67	-624.93	-3,222
Change in Other Net Operating Assets	-4,063	-2,490	1,576	4,081	3,075
Other Operating Activities	948.42	247.32	71.33	-857.14	-228.6
Operating Cash Flow	-2,505	-1,793	3,188	3,336	135.81
Operating Cash Flow Growth	-	-	-4.44%	2356.38%	57.64%
Capital Expenditures	-50.99	-52.74	-49.58	-44.84	-77.8
Sale of Property, Plant and Equipment	0.26	6.34	4.89	1.88	15.22
Cash Acquisitions	-	-	-0.85	-	-
Investment in Securities	-0.12	-0.32	-1.01	-0.25	-0.82
Divestitures	95	-	-	-	-
Purchase / Sale of Intangibles	-71.32	-60.26	-63.5	-57.58	-63.02
Other Investing Activities	-	-	0	-	-
Investing Cash Flow	-27.17	-106.97	-110.05	-100.79	-126.43
Issuance of Common Stock	-	2.83	3.4	-	51.11
Repurchase of Common Stock	-16.17	-	-	-6.05	-
Common Dividends Paid	-255.84	-221.39	-112.23	-102.3	-66.3
Financing Cash Flow	-272.01	-218.56	-108.84	-108.34	-15.18
Net Cash Flow	-2,804	-2,119	2,969	3,127	-5.81
Free Cash Flow	-2,556	-1,846	3,138	3,291	58.01
Free Cash Flow Growth	-	-	-4.64%	5573.64%	23.12%
Free Cash Flow Margin	-141.99%	-95.28%	172.10%	238.11%	4.50%
Free Cash Flow Per Share	-7.53	-5.42	9.23	9.67	0.17

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