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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	4,538	4,214	4,339	4,317	3,636	1,739
Depreciation & Amortization	744.61	729.61	637.5	568.89	559.49	500.42
Other Amortization	794.46	794.46	692.55	531.1	495.32	488.99
Gain (Loss) on Sale of Assets	-6.68	-9.73	-12.89	-4.26	-5.45	-0.93
Gain (Loss) on Sale of Investments	-343.08	-343.08	-224.84	182.19	-78.47	-203.18
Total Asset Writedown	-32.25	28.61	-	-	22.61	14.47
Provision for Credit Losses	2,101	2,101	405.49	1,266	1,383	2,583
Change in Trading Asset Securities	-1,227	-355.21	-795.34	526.1	-420.92	24.96
Change in Other Net Operating Assets	-2,145	-4,674	-47,051	-5,345	-23,614	-45,636
Other Operating Activities	-857.82	-815.12	535.85	-863.43	-63.39	402.32
Operating Cash Flow	3,567	1,670	-41,474	1,178	-18,086	-40,087
Capital Expenditures	-166.15	-206.62	-724.43	-814.63	-427.83	-646.5
Sale of Property, Plant and Equipment	-65.78	16.67	23.26	5.62	-	-
Purchase / Sale of Intangibles	-315.72	-319.45	-406.93	-686.25	-314.94	-154.91
Other Investing Activities	287.9	287.78	305.57	267.77	206.56	139.7
Investing Cash Flow	-259.74	-221.62	-802.53	-1,227	-536.21	-661.71
Long-Term Debt Issued	-	14,631	4,612	583.04	6,713	2,060
Long-Term Debt Repaid	-	-14,027	-9,533	-2,319	-291.98	-8,331
Net Debt Issued (Repaid)	3,030	603.71	-4,921	-1,736	6,421	-6,271
Common Dividends Paid	-1,291	-1,291	-1,033	-516.36	-516.36	-
Net Increase (Decrease) in Deposit Accounts	8,204	-10,205	69,827	-3,852	-4,198	73,085
Financing Cash Flow	9,943	-10,892	63,874	-6,104	1,707	66,814
Foreign Exchange Rate Adjustments	407.86	-252.34	-33.85	-288.01	-452.95	-
Net Cash Flow	13,662	-9,679	21,541	-6,447	-17,362	26,060
Free Cash Flow	3,401	1,464	-42,198	363.39	-18,514	-40,734
Free Cash Flow Margin	20.84%	9.45%	-260.43%	2.49%	-150.26%	-437.04%
Free Cash Flow Per Share	1.32	0.57	-16.34	0.14	-7.17	-15.78
Cash Interest Paid	13,883	13,883	11,824	-	-	-
Cash Income Tax Paid	1,674	1,674	770.32	939.16	396.21	667.12

Source: S&P Global Market Intelligence. Banks template. Financial Sources.