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 Income	2,161	2,477	1,391	1,440	723.81
Depreciation & Amortization	150.5	124.61	88.89	78.34	69.36
Other Amortization	71.15	48.53	32.84	30.39	26.09
Total Asset Writedown	0.07	-0.42	2.99	2.36	-1.83
Change in Trading Asset Securities	77.53	-120.66	-	-	-
Change in Other Net Operating Assets	-6,248	-4,307	-2,992	-2,214	-1,619
Other Operating Activities	346.24	-561.71	530.95	-84.66	244.12
Operating Cash Flow	-3,441	-2,340	-945.51	-748.01	-557.11
Capital Expenditures	-285.38	-230.93	-155.37	-121.67	-97.58
Sale of Property, Plant and Equipment	20.15	0.17	0.55	3.66	1.82
Cash Acquisitions	0.58	243.36	-3.72	-	-
Investment in Securities	-926.78	-2,735	-748.02	-1,807	-86.8
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 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
Common Dividends Paid	-473.22	-373.43	-398.16	-196.95	-71.99
Net Increase (Decrease) in Deposit Accounts	5,583	5,414	2,214	5,509	520.03
Other Financing Activities	-28.45	-	-	-	-
Financing Cash Flow	5,300	5,525	1,332	4,605	263.28
Foreign Exchange Rate Adjustments	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	-3,727	-2,571	-1,101	-869.68	-654.69
Free Cash Flow Margin	-88.85%	-74.93%	-45.40%	-46.43%	-47.23%
Free Cash Flow Per Share	-85.38	-57.86	-24.07	-18.32	-13.46
Cash Interest Paid	2,342	1,723	1,130	1,018	898.34
Cash Income Tax Paid	350.42	587.68	161.1	202.56	4.65

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