Secure Trust Bank PLC (LON: STB)

Secure Trust Bank Cash Flow Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net Income	26	24.3	33.7	45.6	15.4	31.1
Depreciation & Amortization	1.9	1.6	2.1	2.2	2.3	2.3
Other Amortization	1.2	1.2	1.2	1.3	1.8	1.9
Gain (Loss) on Sale of Assets	0.2	0.2	1.4	-	0.5	-
Gain (Loss) on Sale of Investments	-	-	-	-	3.1	-
Total Asset Writedown	-	-	-	-0.4	1.1	1.1
Provision for Credit Losses	48.4	43.2	39	4.5	51.3	32.6
Change in Other Net Operating Assets	-334.1	-482.4	-453.5	-259.4	47.8	-457.1
Other Operating Activities	6.4	8.2	4.3	-3.3	0.4	-0.1
Operating Cash Flow	-248.6	-402.6	-378.7	-207.1	123.4	-387
Capital Expenditures	-0.5	-2.7	-2.7	-1.3	-0.8	-5.5
Investment in Securities	-	-	-	-	25	124.7
Purchase / Sale of Intangibles	-	-	-	-	-1.1	-1.1
Net Decrease (Increase) in Loans Originated / Sold - Investing	-	-	81.9	60.4	-	-
Investing Cash Flow	-0.5	-2.7	82.5	59.1	23.1	116.5
Long-Term Debt Issued	-	70	7	114.4	-	45
Long-Term Debt Repaid	-	-30.6	-1	-0.9	-32.7	-1.1
Net Debt Issued (Repaid)	-52.2	39.4	6	113.5	-32.7	43.9
Issuance of Common Stock	1.8	1.7	-	-	1.1	-
Repurchase of Common Stock	-1.6	-1.2	-0.3	-	-	-
Common Dividends Paid	-6.1	-8.4	-10.7	-11.9	-	-15.5
Net Increase (Decrease) in Deposit Accounts	393.8	357.2	411.4	110.7	-27.8	172.6
Financing Cash Flow	335.7	388.7	406.4	212.3	-59.4	201
Net Cash Flow	86.6	-16.6	110.2	64.3	87.1	-69.5
Free Cash Flow	-249.1	-405.3	-381.4	-208.4	122.6	-392.5
Free Cash Flow Margin	-173.59%	-285.83%	-287.85%	-143.33%	109.76%	-295.33%
Free Cash Flow Per Share	-12.77	-21.04	-19.77	-10.94	6.45	-21.00
Cash Income Tax Paid	9.4	8.6	7	12.6	4.8	7.8

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