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	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 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
Net Income	141,630	102,283	72,245	47,474	34,928	22,406
Depreciation & Amortization	10,261	8,582	5,743	4,493	4,243	3,188
Other Amortization	1,645	1,645	1,413	1,356	1,326	1,134
Gain (Loss) on Sale of Assets	-153	-64	-207	-1	-51	-20
Gain (Loss) on Sale of Investments	-24,256	-7,243	-8,332	-768	-725	-343
Total Asset Writedown	-344	-344	-123	-89	-22	91
Provision for Credit Losses	21,937	16,950	11,200	6,141	5,686	3,153
Change in Other Net Operating Assets	152,776	4,228	-114,335	-94,182	36,580	-14,924
Other Operating Activities	6,347	9,032	13,207	4,615	1,493	1,341
Operating Cash Flow	309,784	135,010	-19,265	-29,793	83,606	16,131
Operating Cash Flow Growth	21.20%	-	-	-	418.29%	57.05%
Capital Expenditures	-8,137	-8,137	-9,805	-4,299	-2,644	-3,193
Sale of Property, Plant and Equipment	304	304	607	51	150	141
Cash Acquisitions	2,676	2,676	-	-	7,867	-
Investment in Securities	-335,137	-335,137	-43,882	-33,452	-126,195	-58,240
Income (Loss) Equity Investments	-	-	26	1,042	-313	85
Purchase / Sale of Intangibles	-8,050	-8,050	-3,959	-1,429	-842	-907
Other Investing Activities	-14,816	426	323	202	175	33
Investing Cash Flow	-363,160	-347,918	-56,716	-38,927	-121,489	-62,166
Long-Term Debt Issued	-	3,000	5,000	3,000	-	-
Long-Term Debt Repaid	-	-4,988	-5,222	-3,474	-3,722	-3,015
Net Debt Issued (Repaid)	-1,988	-1,988	-222	-474	-3,722	-3,015
Common Dividends Paid	-49,999	-49,999	-35,973	-26,008	-15,518	-8,391
Net Increase (Decrease) in Deposit Accounts	359,014	359,014	159,851	251,317	113,033	85,233
Other Financing Activities	-2,724	-2,381	-1,649	-1,489	-1,344	-615
Financing Cash Flow	304,303	304,646	122,007	223,346	92,449	73,212
Net Cash Flow	250,927	91,738	46,026	154,626	54,566	27,177
Free Cash Flow	301,647	126,873	-29,070	-34,092	80,962	12,938
Free Cash Flow Growth	18.02%	-	-	-	525.77%	203.92%
Free Cash Flow Margin	82.71%	42.12%	-13.95%	-24.35%	72.73%	16.98%
Free Cash Flow Per Share	645.92	271.68	-62.25	-73.00	173.37	27.70
Cash Interest Paid	39,184	39,184	28,273	14,563	1,344	615
Cash Income Tax Paid	79,601	58,019	35,770	18,511	15,070	9,643

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.