SBN Holdings Cash Flow Statement

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

Millions NAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2016 - 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	2016 - 2020
Net Income	1,101	1,050	766.27	623.6	365.39	421.33	Upgrade
Depreciation & Amortization	107.98	112.41	119.09	137.61	142.69	129.41	Upgrade
Other Amortization	60.56	60.56	60.56	53.02	47.68	38.04	Upgrade
Gain (Loss) on Sale of Assets	-	-	-	-3.43	-0.7	0.76	Upgrade
Gain (Loss) on Sale of Investments	-	-	-	-	-	-4.07	Upgrade
Total Asset Writedown	-	-	-	-17.6	22.22	-	Upgrade
Provision for Credit Losses	-	-	-	202.46	324.71	284.39	Upgrade
Change in Trading Asset Securities	121.7	121.7	90.29	113.83	120.48	-352.79	Upgrade
Change in Other Net Operating Assets	-2,227	-2,227	-1,866	-491.24	-1,677	1,099	Upgrade
Other Operating Activities	-4,481	285.87	141.36	188.33	-18.93	-62.59	Upgrade
Operating Cash Flow	-5,316	-596.17	-688.65	806.58	-673.38	1,553	Upgrade
Capital Expenditures	-84.64	-114.38	-66.42	-50.2	-62.32	-91.49	Upgrade
Sale of Property, Plant and Equipment	0.47	0.47	2.74	5.05	1.66	1.26	Upgrade
Purchase / Sale of Intangibles	-0.23	-0.23	-28.42	-24.66	-96.54	-36.81	Upgrade
Investing Cash Flow	-84.4	-114.14	-92.1	-69.81	-157.19	-127.04	Upgrade
Long-Term Debt Issued	-	150	-	650	1,543	300	Upgrade
Long-Term Debt Repaid	-	-666.24	-314.8	-117.81	-1,222	-292.8	Upgrade
Net Debt Issued (Repaid)	-321.75	-516.24	-314.8	532.19	320.54	7.2	Upgrade
Common Dividends Paid	-722.59	-658.32	-459.78	-182.9	-156.64	-252.5	Upgrade
Net Increase (Decrease) in Deposit Accounts	3,815	3,815	2,833	-893.78	2,150	-1,672	Upgrade
Financing Cash Flow	2,771	2,641	2,058	-544.49	2,314	-1,917	Upgrade
Foreign Exchange Rate Adjustments	111.7	-3.92	195.68	-148.01	-14.34	1.24	Upgrade
Net Cash Flow	-2,518	1,926	1,473	44.27	1,469	-490.18	Upgrade
Free Cash Flow	-5,401	-710.55	-755.07	756.39	-735.7	1,462	Upgrade
Free Cash Flow Margin	-145.31%	-19.52%	-24.41%	29.43%	-34.22%	69.42%	Upgrade
Free Cash Flow Per Share	-10.30	-1.36	-1.45	1.45	-1.41	2.80	Upgrade
Cash Interest Paid	1,507	1,507	1,523	952.92	759.73	1,086	Upgrade
Cash Income Tax Paid	349.47	274.44	342.04	172.25	166.6	158.53	Upgrade

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