Lion Finance Group Cash Flow Statement

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

Millions GEL. 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 Change in Loans Held-for-Sale	-7,031	-6,283	-3,662	-2,333	-2,750
Other Adjustments	727.78	630.32	402.32	538.21	215.99
Changes in Trading Assets	77.53	-120.66	-	-	-
Changes in Accrued Interest and Accounts Receivable	-364.39	-750.72	624.13	-902.26	-25.84
Changes in Accounts Payable	899.62	2,548	-103.49	1,019	1,090
Changes in Other Operating Activities	7,832	7,051	4,008	6,439	1,433
Operating Cash Flow	2,142	3,074	1,268	4,761	-37.08
Operating Cash Flow Growth	-30.33%	142.37%	-73.36%	-	-
Net Change in Securities and Investments	-926.78	-2,735	-747.38	-1,807	-86.8
Payments for Business Acquisitions	0.58	243.36	-4.36	-	-
Capital Expenditures	-285.38	-230.93	-155.37	-121.67	-97.58
Sale of Property, Plant & Equipment	72.79	34.01	48.5	96.35	126.63
Other Investing Activities	1.08	0.8	0.23	-	0.4
Investing Cash Flow	-1,138	-2,688	-858.38	-1,833	-57.35
Long-Term Debt Issued	1,036	1,212	78.92	148.12	-
Long-Term Debt Repaid	-516.87	-453.65	-284.13	-674.76	-105.05
Net Long-Term Debt Issued (Repaid)	519.12	758.62	-205.21	-526.64	-105.05
Repurchase of Common Stock	-300.25	-274.17	-278.18	-180.98	-79.72
Net Common Stock Issued (Repurchased)	-300.25	-274.17	-278.18	-180.98	-79.72
Common Dividends Paid	-473.22	-373.43	-398.16	-196.95	-71.99
Other Financing Activities	-28.45	-	-	-	-
Financing Cash Flow	-282.79	111.02	-881.54	-904.56	-256.75
Effect of Exchange Rate Changes on Cash and Cash Equivalents	97.86	153.52	-11.28	40.4	-99.26
Net Cash Flow	818.86	651.36	-483.02	2,064	-450.39
Free Cash Flow	1,856	2,843	1,113	4,640	-134.66
Free Cash Flow Growth	-34.71%	155.45%	-76.01%	-	-
FCF Margin	44.88%	69.60%	46.35%	203.19%	-10.28%
Free Cash Flow Per Share	42.53	63.99	24.34	97.77	-2.77