Santander Bank Polska S.A. (BKZHY)

Santander Bank Polska Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	6,479	5,213	4,831	2,799	1,112
Depreciation & Amortization	598.73	614.2	569.48	523.59	578.97
Gain (Loss) on Sale of Assets	-5.37	4.04	5.02	26.5	-84.14
Total Asset Writedown	4.77	14.09	5.57	9.59	64.94
Change in Trading Asset Securities	-3,393	689.24	-416.84	327.59	26.16
Change in Other Net Operating Assets	-3,189	-39,211	-23,369	-15,925	-9,960
Other Operating Activities	-2,374	9,442	9,604	6,682	4,437
Net Cash from Discontinued Operations	-317.98	-	-	-	-
Operating Cash Flow	-2,312	-23,337	-8,868	-5,640	-3,900
Capital Expenditures	-640.48	-632.69	-634.9	-449.04	-424.36
Sale of Property, Plant and Equipment	12.68	29.52	34.72	54.22	88.31
Investment in Securities	-12,474	-8,301	-6,945	12,370	-6,247
Income (Loss) Equity Investments	-114.46	-102.3	-96.94	-84.05	-74.07
Other Investing Activities	5,969	2,890	2,342	1,470	1,275
Investing Cash Flow	-7,134	-6,015	-5,204	13,445	-5,308
Long-Term Debt Issued	13,464	12,371	10,071	10,977	17,811
Long-Term Debt Repaid	-9,658	-9,421	-10,782	-16,119	-17,284
Net Debt Issued (Repaid)	3,805	2,950	-711.06	-5,142	527
Repurchase of Common Stock	-82.37	-72.33	-48.88	-	-
Common Dividends Paid	-4,739	-4,561	-2,376	-273.87	-
Net Increase (Decrease) in Deposit Accounts	12,966	26,541	18,119	14,366	13,888
Other Financing Activities	-1,004	-1,078	-828.84	-608.59	-273.09
Financing Cash Flow	10,946	23,779	14,154	8,342	13,922
Net Cash Flow	1,501	-5,572	82.15	16,147	4,714
Free Cash Flow	-2,952	-23,969	-9,503	-6,089	-4,324
Free Cash Flow Margin	-19.13%	-149.19%	-64.25%	-53.59%	-54.47%
Free Cash Flow Per Share	-28.89	-234.56	-92.99	-59.59	-42.31
Cash Interest Paid	4,100	5,017	5,640	3,175	282.45
Cash Income Tax Paid	2,276	2,136	665.19	818.32	925.15

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