SBM Holdings Cash Flow Statement

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

Millions MUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
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	2015 - 2019
Net Income	5,317	4,339	4,317	3,636	1,739	1,021	Upgrade
Depreciation & Amortization	660.97	637.5	568.89	559.49	500.42	530.81	Upgrade
Other Amortization	768.48	692.55	531.1	495.32	488.99	518.4	Upgrade
Gain (Loss) on Sale of Assets	-13.5	-12.89	-4.26	-5.45	-0.93	-90.48	Upgrade
Gain (Loss) on Sale of Investments	-119.72	-224.84	182.19	-78.47	-203.18	-234.76	Upgrade
Total Asset Writedown	21.93	-	-	22.61	14.47	14.14	Upgrade
Provision for Credit Losses	64.13	405.49	1,266	1,383	2,583	3,572	Upgrade
Change in Trading Asset Securities	-1,215	-785.87	526.1	-420.92	24.96	126.72	Upgrade
Change in Other Net Operating Assets	-38,550	-50,848	-5,345	-23,614	-45,636	-30,767	Upgrade
Other Operating Activities	1.57	366.55	-863.43	-63.39	402.32	-460.02	Upgrade
Operating Cash Flow	-33,065	-45,430	1,178	-18,086	-40,087	-25,769	Upgrade
Capital Expenditures	-410.23	-724.43	-814.63	-427.83	-646.5	-224.07	Upgrade
Sale of Property, Plant and Equipment	79.43	23.26	5.62	-	-	60.9	Upgrade
Purchase / Sale of Intangibles	-413.47	-406.93	-686.25	-314.94	-154.91	-153.55	Upgrade
Other Investing Activities	39.28	305.57	267.77	206.56	139.7	133.26	Upgrade
Investing Cash Flow	-704.98	-802.53	-1,227	-536.21	-661.71	-183.47	Upgrade
Long-Term Debt Issued	-	-	583.04	6,713	2,060	1,644	Upgrade
Long-Term Debt Repaid	-	-4,675	-2,319	-291.98	-8,331	-261.34	Upgrade
Net Debt Issued (Repaid)	-3,078	-4,675	-1,736	6,421	-6,271	1,383	Upgrade
Common Dividends Paid	-1,291	-1,033	-516.36	-516.36	-	-	Upgrade
Net Increase (Decrease) in Deposit Accounts	44,777	70,158	-3,852	-4,198	73,085	27,961	Upgrade
Financing Cash Flow	40,408	64,450	-6,104	1,707	66,814	29,344	Upgrade
Foreign Exchange Rate Adjustments	2,813	755.76	-288.01	-452.95	-	-	Upgrade
Net Cash Flow	9,439	18,950	-6,447	-17,362	26,060	3,396	Upgrade
Free Cash Flow	-33,475	-46,155	363.39	-18,514	-40,734	-25,993	Upgrade
Free Cash Flow Margin	-198.35%	-284.85%	2.49%	-150.26%	-437.04%	-348.24%	Upgrade
Free Cash Flow Per Share	-12.96	-17.88	0.14	-7.17	-15.78	-10.07	Upgrade
Cash Income Tax Paid	864.54	770.32	939.16	396.21	667.12	1,141	Upgrade

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