LON:BVA 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	2015 - 2019
Period Ending	Mar '25 Mar 31, 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	2015 - 2019
Net Income	10,552	10,054	8,019	6,358	4,653	1,305	Upgrade
Depreciation & Amortization	993	990	885	838	788	1,288	Upgrade
Other Amortization	543	543	518	490	446	-	Upgrade
Change in Trading Asset Securities	29,083	27,447	-25,414	13,823	-9,890	-26,903	Upgrade
Change in Other Net Operating Assets	-67,903	-65,398	9,479	-5,379	-3,112	54,492	Upgrade
Other Operating Activities	8,892	8,174	5,792	7,588	5,873	9,167	Upgrade
Operating Cash Flow	-17,840	-18,190	-721	23,718	-1,242	39,349	Upgrade
Capital Expenditures	-1,045	-1,195	-1,129	-1,812	-396	-632	Upgrade
Sale of Property, Plant and Equipment	104	104	92	29	78	558	Upgrade
Cash Acquisitions	-28	-28	-	-1,389	-	-	Upgrade
Investment in Securities	37	31	-35	46	30	245	Upgrade
Divestitures	73	73	21	-	10	-	Upgrade
Purchase / Sale of Intangibles	-867	-816	-690	-630	-550	-491	Upgrade
Other Investing Activities	403	408	322	-155	-806	283	Upgrade
Investing Cash Flow	-1,323	-1,423	-1,419	-3,911	-1,634	-37	Upgrade
Long-Term Debt Issued	-	5,514	4,672	-	-	2,425	Upgrade
Long-Term Debt Repaid	-	-2,599	-1,629	-2,258	-2,301	-2,820	Upgrade
Net Debt Issued (Repaid)	1,721	2,915	3,043	-2,258	-2,301	-395	Upgrade
Issuance of Common Stock	691	691	711	434	438	822	Upgrade
Repurchase of Common Stock	-927	-1,529	-2,166	-2,983	-1,022	-807	Upgrade
Common Dividends Paid	-3,913	-3,913	-2,808	-2,185	-926	-1,065	Upgrade
Other Financing Activities	-787	-731	-622	-571	-538	-624	Upgrade
Financing Cash Flow	-3,215	-2,567	-1,842	-7,563	-4,349	-2,069	Upgrade
Foreign Exchange Rate Adjustments	-3,740	-2,091	-357	-288	-1,864	-4,658	Upgrade
Net Cash Flow	-26,118	-24,271	-4,340	11,957	-9,089	32,585	Upgrade
Free Cash Flow	-18,885	-19,385	-1,850	21,906	-1,638	38,717	Upgrade
Free Cash Flow Margin	-58.97%	-61.40%	-6.81%	95.35%	-8.81%	254.13%	Upgrade
Free Cash Flow Per Share	-3.28	-3.36	-0.31	3.54	-0.26	4.15	Upgrade
Cash Income Tax Paid	4,782	5,631	5,353	3,234	1,546	1,955	Upgrade

Updated Feb 21, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.