National Bank of Malawi Cash Flow Statement

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

Millions MWK. 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	194,556	102,283	72,245	47,474	34,928
Depreciation & Amortization	12,418	8,582	5,743	4,493	4,243
Other Amortization	-	1,645	1,413	1,356	1,326
Gain (Loss) on Sale of Assets	-29	-64	-207	-1	-51
Gain (Loss) on Sale of Investments	-14,035	-7,243	-8,332	-768	-725
Total Asset Writedown	-1,202	-344	-123	-89	-22
Provision for Credit Losses	-	16,950	11,200	6,141	5,686
Change in Other Net Operating Assets	40,072	4,228	-114,335	-94,182	36,580
Other Operating Activities	25,595	9,032	13,207	4,615	1,493
Operating Cash Flow	257,314	135,010	-19,265	-29,793	83,606
Operating Cash Flow Growth	90.59%	-	-	-	418.29%
Capital Expenditures	-	-8,137	-9,805	-4,299	-2,644
Sale of Property, Plant and Equipment	-	304	607	51	150
Cash Acquisitions	-	2,676	-	-	7,867
Investment in Securities	-	-335,137	-43,882	-33,452	-126,195
Income (Loss) Equity Investments	-	-	26	1,042	-313
Purchase / Sale of Intangibles	-	-8,050	-3,959	-1,429	-842
Other Investing Activities	-412,728	426	323	202	175
Investing Cash Flow	-412,728	-347,918	-56,716	-38,927	-121,489
Long-Term Debt Issued	-	3,000	5,000	3,000	-
Long-Term Debt Repaid	-	-4,988	-5,222	-3,474	-3,722
Net Debt Issued (Repaid)	-	-1,988	-222	-474	-3,722
Common Dividends Paid	-62,638	-49,999	-35,973	-26,008	-15,518
Net Increase (Decrease) in Deposit Accounts	580,075	359,014	159,851	251,317	113,033
Other Financing Activities	-1,951	-2,381	-1,649	-1,489	-1,344
Financing Cash Flow	515,486	304,646	122,007	223,346	92,449
Net Cash Flow	360,072	91,738	46,026	154,626	54,566
Free Cash Flow	257,314	126,873	-29,070	-34,092	80,962
Free Cash Flow Growth	102.81%	-	-	-	525.77%
Free Cash Flow Margin	52.81%	42.12%	-13.95%	-24.35%	72.73%
Free Cash Flow Per Share	550.99	271.68	-62.25	-73.00	173.37
Cash Interest Paid	-	39,184	28,273	14,563	1,344
Cash Income Tax Paid	101,285	58,019	35,770	18,511	15,070

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.