Banca Sistema S.p.A. (LON: 0R9H)

Banca Sistema Cash Flow Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net Income	17.47	16.51	22.03	23.25	26.15	29.72
Depreciation & Amortization	3.27	3.38	3.16	2.74	1.98	1.67
Other Amortization	0.69	0.55	0.29	-	-	-
Provision for Credit Losses	5.65	4.75	8.36	10.65	10.95	8.95
Change in Trading Asset Securities	-680.63	-16.22	-105.73	-18.9	126.82	-250.52
Change in Other Net Operating Assets	538.05	94.9	24.67	68.83	-130.34	211.1
Other Operating Activities	72.72	21.61	8.7	8.02	12.13	9.23
Operating Cash Flow	-42.78	125.47	-38.51	94.6	47.7	10.17
Operating Cash Flow Growth	-	-	-	98.33%	369.21%	-22.04%
Capital Expenditures	-0.3	-0.23	-0.94	-9.45	-5.48	-2.59
Cash Acquisitions	-	-	-1.12	-	-	-
Investment in Securities	-	-	-	-	-1	0.79
Purchase / Sale of Intangibles	-1.57	-1.53	-2.35	-1.75	-28.89	-0.97
Investing Cash Flow	-1.87	-1.77	-4.41	-11.21	-35.37	-2.77
Issuance of Common Stock	0.25	0.2	-	37.5	-	-
Repurchase of Common Stock	-	-	-0.56	-	-	-0.04
Common Dividends Paid	-0.01	-	-5.77	-13.91	-	-7
Financing Cash Flow	0.25	0.2	-6.33	23.59	-	-7.03
Net Cash Flow	-44.41	123.91	-49.25	106.98	12.33	0.36
Free Cash Flow	-43.08	125.24	-39.45	85.14	42.22	7.57
Free Cash Flow Growth	-	-	-	101.69%	457.37%	-32.74%
Free Cash Flow Margin	-38.67%	126.52%	-40.51%	87.48%	45.82%	8.25%
Free Cash Flow Per Share	-	1.56	-0.49	1.06	0.53	0.09

Source: S&P Capital IQ. Banks template. Financial Sources.