Ecobank Transnational Cash Flow Statement

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

Millions USD. 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	415.98	407.14	333.18	287.82	286.43	262.23
Depreciation & Amortization	69.63	65.98	56.59	59.98	67.68	75.18
Other Amortization	12.58	14.43	22.7	30.17	33.6	33.49
Gain (Loss) on Sale of Assets	-0.43	-0.75	-2.56	-3.16	-24.41	-15.19
Gain (Loss) on Sale of Investments	24.79	36.81	132.12	175.33	174.51	31.69
Total Asset Writedown	-0.35	-0.35	-0.1	-2.42	-0.13	-
Provision for Credit Losses	487.12	422.32	193.17	145.05	10.33	169.61
Change in Trading Asset Securities	-182.02	-108.34	-31.51	107.99	23.02	-152.79
Change in Other Net Operating Assets	-1,519	-1,845	-1,659	-2,293	-2,414	-610.35
Other Operating Activities	44.94	74.39	72.65	-317.85	-166.88	-144.57
Net Cash from Discontinued Operations	-1.63	-1.63	-4.03	-	-	-
Operating Cash Flow	-648.59	-935.6	-887.18	-1,810	-2,011	-350.21
Capital Expenditures	-90.81	-88.79	-84.6	-96.48	-299.73	-276.25
Sale of Property, Plant and Equipment	1.69	1.72	2.19	9.39	36.4	205.92
Investment in Securities	-410.01	-805.69	-453.89	147.76	-1,002	-1,009
Income (Loss) Equity Investments	-0.28	-0.28	-0.07	-0.14	-0.57	0.49
Divestitures	-	-	-	-	-	-10.5
Purchase / Sale of Intangibles	-17.09	-16.85	-21.46	-14.82	-12.52	-20.35
Investing Cash Flow	-526.02	-919.42	-557.75	45.85	-1,278	-1,111
Long-Term Debt Issued	-	492.52	1,316	267.24	659.92	729.36
Long-Term Debt Repaid	-	-897.95	-1,388	-321.5	-728.82	-448.58
Net Debt Issued (Repaid)	-496.39	-405.44	-72.48	-54.26	-68.9	280.78
Issuance of Common Stock	-	-	-	-	-	75
Common Dividends Paid	-7.31	-7.31	-7.31	-34.52	-46.88	-
Net Increase (Decrease) in Deposit Accounts	2,775	2,108	3,386	3,018	3,201	1,218
Other Financing Activities	-72.97	-80.74	-52.8	-31.06	-24.12	-24.63
Financing Cash Flow	2,198	1,615	3,253	2,899	3,061	1,549
Foreign Exchange Rate Adjustments	855.24	634.55	-764.47	-619.58	-375.5	97.44
Net Cash Flow	1,879	394.54	1,044	514.87	-603.34	185.85
Free Cash Flow	-739.4	-1,024	-971.78	-1,906	-2,311	-626.46
Free Cash Flow Margin	-36.08%	-51.63%	-55.10%	-110.11%	-138.89%	-40.70%
Free Cash Flow Per Share	-0.03	-0.04	-0.04	-0.08	-0.09	-0.03
Cash Income Tax Paid	282.75	283.38	215.74	175.12	153.83	160.21

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